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Showing 1 open source project for "effect"
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BOOM POOL
A new type of utility token with self-destructing mechanism
BOOM is a new type of utility token with self-destructing mechanism, based on Ethereum smart contract. BOOM project is a social experiment, aiming at exploring the market influence of an extremely deflationary cryptocurrency, and it will validate the effect of BOOM token as a hedge against the rapid inflation in token ecosystem. The origin of BOOM is simple, once users transfer BOOM to others, 1% of the total transfer amount is automatically destroyed at the same time. The initial total supply of BOOM is 1 billion. The supply will decrease due to transactions, and no new BOOM will be issued then. ...
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