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Ever since deflationary token enters market, many people have been asking why majority of the deflationary tokens has no use case. Am not happy when people generalize it, because there are some that has a use case and I want to introduce that particular project to all my fans and readers.
INTRODUCING BLOCKBURN
BlockBurn is the first platform with a deflationary cryptocurrency that has a use case. It is a platform created for us to maximize and enjoy the benefits of blockchain and cryptocurrency. With the echo around the world economy that cryptocurrency is coming up to change the financial system, BlockBurn want to build an ecosystem where cryptocurrency could be utilized, either as a means of payment or stored as a value.
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BLOCKBURN ECOSYSTEM
The BlockBurn ecosystem are fields where the deflationary token called BURN could be utilized.
The BlockBurn staking system is a framework that allows you to stake your funds or the BURN token for a designated set of time and earn appropriate profits or benefits. Staking your assets on this platform will give you permission to enjoy the benefits of BlockBurn platform. This is an opportunity for people that don't know how to trade or maximize their investment to stake and earn profits. This is like a savings to those people that love spending their money lavishly, you can stake with the BlockBurn staking system and make enough profits by doing nothing.
The blockchain has the capability to offer the most reliable and fair gaming system; BlockBurn has also capitalize on that to build a games into its ecosystem. BlockBurn will develop an online games for entertainment and also for gambling. The BlockBurn will incorporate a smart contracts that will handle the payment options and the system is going to produce a fare games and there won't be an issue of manipulation as every activity about the games is going to be transparent.
The BlockBurn platform will design a channel for spreading information relating to blockchain and cryptocurrency ecosystem. This channel will also help to publish different projects information that will keep investors on track to know the rightful steps to take at every moment. The benefits of this channel is that, as you read those publications, you earn some token. So if you want to fill your bag with their token, just hang yourself within BlockBurn platform and be reading all information they publish in this channel.
Just like the banks is made for storing fiats like dollars, euros, pounds, yen etc, wallet is also made for cryptocurrency. BlockBurn will build a wallet for storing tokens. It is not for storing tokens alone, for receiving and sending respectively. The wallet was designed with high security tips which no hacker or cybercriminal could penetrate. It is going to be the recommended wallet to save their token.
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BLOCKBURN DAPP
In order to compass all these ecosystems into one unit, BlockBurn have designed a decentralized application. The DAPP has not been launched, the team are still testing it and it will be out very soon. The BlockBurn DAPP will comprise all the ecosystem of BlockBurn (stake, game, wallet & read and earn). The team promised to build both Android and iOS compatible DAPP devices with adequate space interface. If the DAPP got launch, am expecting us to download it from playstore or app store; and with the DAPP, you can perform the functioning of the BlockBurn ecosystem.
BLOCKBURN TOKEN (BURN)
The BlockBurn platform has launched their own token termed 'BURN', it is a deflationary token. A deflationary token is a token that are self-destructive. The BlockBurn's BURN token has a total supply of 2,000,000 BURN token. The BlockBurn chose to launch a deflationary token because it has been tipped as the kind of token that will solve the difficulties of oversupply and volatility of cryptocurrency market. The BURN token automatically reduce with 2% on every transaction executed on the network. The BlockBurn's BURN token was built on ethereum network.
The BURN token has been listed on many cryptocurrency exchange like Mercatox, Metamorph, BW, Ddex and Altilly. The value and price of BURN token can be seen on CoinMarketCap by following this link; https://coinmarketcap.com/currencies/blockburn
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CONCLUSION
The volatility of cryptocurrency is a treat to the price and value of a token. I urge all investors to shift their motive to be investing in a deflationary token like BURN as it has the capability to improve in value. There is a tendency for the price of BURN token to increase just as the quantity of it got reduced.
For more information about BlockBurn, kindly follow the links below:
Official Website ⇒ https://blockburn.io
Github ⇒ https://github.com/burntoken/BURN
Bitcointalk ANN Thread ⇒ https://bitcointalk.org/index.php?topic=5180502.new#new
Official Facebook ⇒ https://www.facebook.com/TheBurnToken/
Official Twitter ⇒ https://twitter.com/BurnToken
Blog ⇒ https://medium.com/@TheBurnToken
Join Telegram Group ⇒ https://t.me/burntoken
This article was composed by Rom
