This article will reveal to you, a revolutionary Crypto Token which just heralded our crypto world. If you're a crypto enthusiast, keep reading. If you're not, keep reading still.
Tron
Tron (TRX) is one of the most used block chains for decentralized Applications (dApps). Tron was developed to achieve more of what Ethereum could not possible achieve. The pioneer of the Tron platform has raised the bar and has set Tron as a hard contender amidst the highest value cryptocurrencies. Tron also features the standardized Token protocol TRC-20.
Bomb Token and its Limitations
Bomb Token was the first to have employed the Deflationary Currency concept in February 2019. The whole idea of Deflationary Currency is in fact amazing. The concept is actually pretty easy to understand: for every time the Bomb Token is transacted, that is, transfered or otherwise, 1% of the Token is destroyed. That seems crazy, but wait until you find out how much the Bomb Token has made over the first four months after its launch. It has achieved a shocking sum of 13.5 million dollars peak market capitalization. Yes, you read that right. And of course, more developers have attempted to recreate Bomb's success, but so far, none has been successful. However, regardless of Bomb's massive success, the users of this Token has pointed out certain Limitations or shortcomings of Bomb. I'll mention some of these shortcomings and thereafter reveal how Void plans to fix them. One of such Limitations is that the Bomb Token does not support decimal transactions reasons being that for every transaction carried out, 1% Token is destroyed. This creates the risk of stunted value appreciation as a user would need to have two tokens to successfully make one transaction. Hence, the recipient will only receive a half value of his money's worth. Another limitation is that transaction confirmation is really slow and expensive for a generation where speed matters. Also, there are no clear motivating use cases that transact tokens besides simple sales.
About Void Token
Through and through, we have identified areas where the Bomb Token was inadequate. It is in these areas that Void has come to shine. Tron is the first ever self-deflationary Currency built on the Tron Network. This means that for every number of Void transacted, supply is reduced.
Tron has a 3% burn rate, no minimum burn and a starting supply of 10M. For every Void transaction made, 3% of its value is sent to the void forever, hence constantly reducing supply and increasing demand. Good plan, yes? It's not shocking that the developers of Void wants its whole life cycle to be an intense and gripping experience that generously rewards the strongest holders in the long run. Void fully supports dApps and has been programmed to give users a stress free experience. The Void developers are working tirelessly to create entertaining Decentralized apps for the Void environment.
The Void team has decided to give out 90% of the tokens practically free to interested individuals while retaining the last 10% for its team members.
USEFUL LINKS.
Website: https://voidtoken.io/
Whitepaper: https://voidtoken.io/images/2019/06/Void-Token-Whitepaper-June-2019.pdf
Discord: https://discord.gg/mhUVF2X
Twitter: https://twitter.com/TronVoid
Telegram: https://t.me/voidtoken
Contract: https://tronscan.org/#/contract/TXUoEg9Xkuy2cqZ4QJ6NYPqmpuwBdiMHpq/code
TRX Address:
TGDbiKDgUMRzrBqWU2wdViGaysATHXyVMR
