INTRODUCTION
Right from its inception, crypto-currency has
been a big addition to the digital world,seeing as its features and benefits outperforms that if the regular fiat currency.
For those who has adopted this digital currency (crypto-currency), has actually enjoyed it's benefits and are now aware of it's great potentials, if adopted by the global masses.
But, irrespective of these benefits that is brought by crypto-currency, a whole of them has become flawed in terms of price.
Crypto-currency market, being a Volatile market, keeps experiencing a fall or rise in coin price, since it's creation, and this makes it inefficient for trade.
The constant fall in price, owes to the fact that a these crypto-currencies has a large distribution of them in circulation, this easily dumps the price.
A lot of efforts has been made to curb this situation in the crypto-currency industry, but all had proven abortive, until a new kind of token called THE DEFLATIONARY TOKEN, came into play.
This kinds of tokens are limited in supply, and as a result, is scarce in circulation, thereby retaining or even increasing in price, due to this scarcity.
Luckily for the crypto-currency industry and the entire global system, here comes one if the first deflationary tokens.
SMASH, A DEFLATIONARY CRYPTO-CURRENCY WITH A DIFFERENCE
Smash is one of the first deflationary crypto-currencies, which intends on solving the problem of constant fall in price, experienced in the crypto-currency industry.
It intends on utilizing the full feature of deflationary coins, by burning some percentage of the Smash token, upon every transaction, in order to limit it's supply and in turn, increase its market worth.
The burn rate per transaction with the Smash token, is 2%,reducing the total amount of Smash token in circulation,thereby boosting the price.
That's not all,
Unlike other deflationary crypto-currencies which are not used for real life cases, Smash token has a real life use-case.
This is seen in the fact that the Smart token will be a deflationary token for charity.
It has the interest of the global population at heart, that's why it is designed to be alleviate the pains and suffering of the global population, by being centered on charity.
To achieve this aim of providing for the needy and eliminating lack and poverty in the entire world, Smash is currently developing a fully decentralized system, which will be a standpoint for the achievement of the charity work.
On this platform, users and supporters of the system interactive, in order to forward the work and help boost the entire global system.
THE SMASH TOKEN
The Smash token is the deflationary crypto-currency which will be used to remove poverty and suffering in the global system, through its charity work.
It has a total supply of 1 million tokens, with a burn rate of 2%, as a deflationary token, to maintain its market price.
IN CONCLUSION
Smash is just what is needed in this time, to improve the global economic situation and bring about financial freedom.
It is a different kind of deflationary token, which centers on helping people, thereby outperforming other deflationary tokens in the crypto space.
There are lot more information on this awesome project. Best way to know about them is by visiting the website and useful platforms. You can get them from the links 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
Bitcointalk Username : Annastesia
Btt profile: https://bitcointalk.org/index.php?action=profile;u=1534866