[ANN] HYPE Token: Inflationary + Deflationary Token (Burn-Stake-Melt-Vote)

[vitalio]

I continue to follow the news from the team. what they do in essence is unique and the main thing is that it will help me to multiply my capital)

[HYPE_Token]

it looks interesting as a tool for earning money, but I do not understand what benefit this token will bring to the demand in the long term .

if tokens are burned, in any case the price will rise. This economic model may be of interest to traders and investors.

Yes it looks interesting but it is also difficult to implement. I don't understand for example what tokens will be burnt ? whose tokens will they be?

Burned tokens are destroyed from the markets and results in the decrease of the total supply of tokens.

BNBs use burning tokens but that doesn't help the price of flying to the moon. What can you say about this?

Our whitepaper explicitly states this very issue. To re-highlight this:

Cryptocurrency users are often fascinated with the idea of deflation and scarcity (low supply). When we consider the Social Psychology in this Scarcity Principle, consumers tend to place a higher value on goods that are scarce than on goods that are abundant. Psychologists also note that when a good or service is perceived to be scarce, people want it more. However, it must also be noted that when a product is scarce, consumers are more likely to conduct their own cost-benefit analysis. A low supply yet highly valued token is more likely to be evaluated for its cost-benefits rather than generate market demands blindly. Particularly for a product (token) which does not carry any intrinsic value nor have any ‘qualities’. Additionally, the law of demand states that as the price of a commodity increases, demand decreases, provided other factors remain constant. Also, as the price decreases, demand increases.

Therefore, to permanently ‘increase the value of a product (token)’ through scarcity, a growth in demand is necessary. Otherwise, markets will always only see temporary effects of the ‘artificial scarcity’ we collectively create through increasing deflationary rates. This is where the HYPE ecosystem – creating use cases for HYPE – comes into the picture which is explained at the bottom of the whitepaper.


MORE THINGS TO NOTE:
As a decentralised tokenomics experiment, we can only predict and analyse the outcomes based on historical data. The experiment can only mature when there are sufficient testers who understand the fundamental economic theories as outlined on the whitepaper (https://hypetoken.io/whitepaper/). Therefore, you should not make any financial predictions nor make any financial decisions based upon your notions or any of these theories, throughout the whole experiment. This is a free-for-all and opensource experiment created to test the herd’s ability to collectively and intelligently control the supply through voting (consensus), period.


Please read the whitepaper in full to better understand what sort of theories are in place:
https://hypetoken.io/whitepaper/

[sirb3y]

I continue to follow the news from the team. what they do in essence is unique and the main thing is that it will help me to multiply my capital)

in fact, this is the main thing for everyone. and I continue to monitor how this project will develop.

[UserRu]

I continue to follow the news from the team. what they do in essence is unique and the main thing is that it will help me to multiply my capital)

just such an economic model should ensure the growth of the token price. But still a lot will depend on the work of the team.

[helenka]

how are you going to use this system? that is, I would like to understand what practical benefit it will carry to the community and how it will prominade.

[hebi16]

now the market is very competitive and I would like to understand when I can buy tokens and what discount I can get? Why your startup is one of the most promising at the moment

[EarnBitcoins.XYZ]

it seems to me that such an economic model will allow the project to develop and the token can get into the top 50.

in order to be in the top 50 you need to have your own blockchain. Only in this case it is possible to attract the maximum attention of the community.

where such conclusions? of course the project looks interesting, but the team has to go a long way to make the project popular.

[surfboard]

what passive income from staking can be obtained ? what is the minimum number of tokens I need in my wallet for this?

[mrrettig78]

I continue to follow the news from the team. what they do in essence is unique and the main thing is that it will help me to multiply my capital)

you need to choose a good point to buy tokens on exchanges.

[deadab1234]

let's see how you can create a HYIP on the market) I think this says a lot for us.

[sdcyxiaolong]

in fact, I have not seen anything like it on the market. I think the project has a great future now and the team will be able to show a very good result.

[HYPE_Token]

in fact, I have not seen anything like it on the market. I think the project has a great future now and the team will be able to show a very good result.

Thank you for the kind words. Please join the community on t.me/hypetoken

[plmohanta]

nice project. I hope we will see the team at any international conferences in order to have more confidence in the project.

[mswells]

in fact, I have not seen anything like it on the market. I think the project has a great future now and the team will be able to show a very good result.

let's see what will be the demand for these tokens in the future but in any case now is a good time to buy tokens.

[nouurhan]

what passive income from staking can be obtained ? what is the minimum number of tokens I need in my wallet for this?

everything is written in white paper about it. I think this economic model has a great future.

[kensaii]

BNBs use burning tokens but that doesn't help the price of flying to the moon. What can you say about this?

Our whitepaper explicitly states this very issue. To re-highlight this:

Cryptocurrency users are often fascinated with the idea of deflation and scarcity (low supply). When we consider the Social Psychology in this Scarcity Principle, consumers tend to place a higher value on goods that are scarce than on goods that are abundant. Psychologists also note that when a good or service is perceived to be scarce, people want it more. However, it must also be noted that when a product is scarce, consumers are more likely to conduct their own cost-benefit analysis. A low supply yet highly valued token is more likely to be evaluated for its cost-benefits rather than generate market demands blindly. Particularly for a product (token) which does not carry any intrinsic value nor have any ‘qualities’. Additionally, the law of demand states that as the price of a commodity increases, demand decreases, provided other factors remain constant. Also, as the price decreases, demand increases.

Therefore, to permanently ‘increase the value of a product (token)’ through scarcity, a growth in demand is necessary. Otherwise, markets will always only see temporary effects of the ‘artificial scarcity’ we collectively create through increasing deflationary rates. This is where the HYPE ecosystem – creating use cases for HYPE – comes into the picture which is explained at the bottom of the whitepaper.


MORE THINGS TO NOTE:
As a decentralised tokenomics experiment, we can only predict and analyse the outcomes based on historical data. The experiment can only mature when there are sufficient testers who understand the fundamental economic theories as outlined on the whitepaper (https://hypetoken.io/whitepaper/). Therefore, you should not make any financial predictions nor make any financial decisions based upon your notions or any of these theories, throughout the whole experiment. This is a free-for-all and opensource experiment created to test the herd’s ability to collectively and intelligently control the supply through voting (consensus), period.


Please read the whitepaper in full to better understand what sort of theories are in place:
https://hypetoken.io/whitepaper/

I think not many people read throughout every word in Hype token. An AMA would do the trick to summary key point like what your post are.

[MeGaBeSuNTa]

it seems to me that such an economic model will allow the project to develop and the token can get into the top 50.

in order to be in the top 50 you need to have your own blockchain. Only in this case it is possible to attract the maximum attention of the community.

where such conclusions? of course the project looks interesting, but the team has to go a long way to make the project popular.

Yes, you just need to monitor how this project develops. Let's see how the team will continue to work.

[dvdrewritable]

In a short time the popularity Increasing day by day of the HYPE project because the project's team is very successful in everything and hopefully this HYPE coin will be more acceptable for the crypto investor. Still who did not get HYPE coin , they have a chance to get a free Hype coin.  1 Million HYPE Giveaway   So don't miss here is the twitter link: https://twitter.com/AirdropsByHYPE/status/1156466969064853504

[don8297]

how are you going to use this system? that is, I would like to understand what practical benefit it will carry to the community and how it will prominade.

good question. in the end, you need either a real service or a real business to ensure the huge demand for the tokens for years to come.

[nouurhan]

I continue to follow the news from the team. what they do in essence is unique and the main thing is that it will help me to multiply my capital)

in fact, this is the main thing for everyone. and I continue to monitor how this project will develop.

the fact that the tokens are traded on a reputable exchange tells me a lot. You may be able to create a payment instrument in the future.