Inflation is a favorite antagonist in the cryptocurrency community. Most investors are probably familiar with the graphs showing how much value the U.S. dollar has lost since 1933, when the Federal Reserve left the gold standard. For hard-money advocates, the deflationary properties of gold or cryptocurrencies form a built-in guarantee of long-term value.
Bitcoin’s supply is algorithmically limited to 21 million tokens, but it still experiences inflation as the token supply grows. For most cryptocurrencies, inflation is barely noticeable against the backdrop of everyday price volatility, but it is very commonplace – blockchain networks need to generate new tokens to reward mining or staking nodes.
But any currency will lose value if supply exceeds demand. As such, many cryptocurrencies combat inflation by destroying tokens. Ripple’s XRP burns a small number of tokens with every transaction, and some, like Binance Coin, intentionally burn tokens to raise prices.
The influx of people into the cryptocurrency market has made an astronomical rise in the adoption of blockchain technology. Numerous supporters, investors from different field of professions and businesses around the world have embraced new technological innovation which has helped reshape the world. Basically the rise of cryptocurrency and subsequent attention brought to blockchain technology has prompted nearly every industry to evaluate the benefits of integrating the technology into their operations One firm at the forefront of this innovation is SMASH TOKEN.
ABOUT SMASH TOKEN
SMASH is among the first deflationary cryptocurrencies. SMASH is a deflationary cryptocurrency with a difference. The initial supply is 1,000,000 SMASH and with a deflation rate of 2% burn for every transaction. We have come up with an effective use-case. A deflationary Cryptocurrency for Charity. We will serve as the hope for the poor and needy all over the world and create a decentralized economy that will together SMASH poverty and lack out of This world.
We are developing a Social Platform that will allow for interaction between caregivers and supporters, all powered by the SMASH Token. The deflationary Cryptocurrency experiment has so far proven to be successful, therefore we have decided to take the experiment to the next level, and this time we are building something that will benefit all and sundry.
The donations feature on the website will allow people to directly donate towards the development of the token. Our Community Handles.
THE UNIQUENESS OF SMASH TOKEN
Smash Tokens In addition to solving utility problems in Deflation Tokens, SMASH Tokens aim to develop a Social Platform that will allow interaction between caregivers and supporters, all supported by SMASH Tokens. This platform will function as a decentralized economy that will reduce poverty around the world.
We are developing a Social Platform that will allow interaction between caregivers and supporters, all supported by SMASH Tokens. Cryptocurrency deflation experiments have proven successful so far, so we have decided to take the experiment to the next level, and this time we are building something that will benefit everyone.
We are an alternative social network. Digital platforms (web and applications) with a financially sustainable eco system, functioning as a bridge to ease the burden of poverty around the world.
People who fight patriarchal oppression will find digital solidarity and safe space in Smash tokens. Buying SMASH tokens allows you to be part of a global solidarity network that aims to make the world a healthier and more just place for all humans.
About The Utilization of SMASH TOKENS
The SMASH token gives you exclusive access to premium app subscription services. When you buy a SMASH token, you provide support to the platform, which, in turn, empowers the entire global network of people whose conditions have been very alarming. For more about services & activities for SMASH token users, please visit the Smash Token Website: https://smashtoken.xyz/
SMASH TOKEN is an original unit of a blockchain network such as Bitcoin. This is a commensurate asset that represents work done in the past in return for utilities; in the case of Bitcoin, the utility secures the network through Proof of Work. Alt (alternative) and also represent various forms of utility (dns name, storage, computing).
Smash tokens will act as a gateway to various digital assets and there are hundreds of digital assets that can form various combinations, which allow investors to adjust their portfolios according to their needs. Users can also invest in other portfolios or make others on the platform invest in their choices.
Tokens are usually a scarcity unit in digital that is issued above the existing smart contract blockchains such as Ethereum.
There is a standard interface for Ethereum which represents equivalent tokens (ERC-20 standard). A standard interface means that wallets, exchanges and applications only need to implement one library of code to view and interact with all tokens that use the standard. This increases the speed of development, which leads to faster iteration cycles, better user experience, and increasing cryptoasset adoption by the masses.
About Smash Token Details
SMASH is one of the first deflation crypto currencies. SMASH is a deflationary crypto currency with a difference. The initial supply is 1,000,000 SMASH and with a deflation rate of 2% for each transaction. Smash Token have found effective use cases. Cryptocurrency deflation for Charity. Smash Token will serve as hope for the poor and needy throughout the world and create a decentralized economy that will together reduce the poverty and deprivation of this world.
The donation feature on the website will allow people to directly contribute to the development of tokens. Handling the Community.
Token symbol: SMASH
Total Supply: 1,000,000
Platform: Ethereum
Recipient Breakdown
30% – Airdrop, some 300,000 SMASH Tokens will be available through the airdrop program.
20% – Prizes, 200,000 SMASH tokens will be available through the prize campaign.
20% – List of Investors & Exchange,
20%- of the total supply (200,000 SMASH) will be available to investors and exchange listings.
10% – DApp & Marketing, 100,000 SMASH Tokens will be used for DAPP Development & Marketing.
10% – Team, the Team will allocate 100,000 SMASH Tokens.
20% – Prizes, 200,000 SMASH tokens will be available through the prize campaign.
20% – List of Investors & Exchange,
20%- of the total supply (200,000 SMASH) will be available to investors and exchange listings.
10% – DApp & Marketing, 100,000 SMASH Tokens will be used for DAPP Development & Marketing.
10% – Team, the Team will allocate 100,000 SMASH Tokens.
The tokens team will be locked for 6 months.
FOR MORE INFORMATION PLEASE VISIT THE LINKS I HAVE PROVIDED BELOW;
Smash Token Website: https://smashtoken.xyz/
Smash Token Medium Page: https://medium.com/@smashtoken
Smash Token Official Telegram: https://t.me/SmashToken
Smash Token Official Twitter: https://twitter.com/smash_token?s=09
Smash Token Official Facebook: https://www.facebook.com/SmashToken/
Author: BrainerdPaul
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409
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