Bomb Token is Live & the Fuse is Lit on Ethos Universal Wallet

Ethos is proud to support BOMB token as their Official Wallet. BOMB has laid the groundwork for a social experiment and financial case study to measure the feasibility of a deflationary currency.

First hitting the blockchain in 2019, BOMB is blasting a path of its own. BOMB is a social experiment and financial case study to measure the feasibility of a deflationary currency.

How does it work? The rules are simple.

  1. There were originally 1,000,000 BOMB in existence
  2. Each time a BOMB is transferred, 1% of the transaction is destroyed
  3. There will never be newly minted BOMB tokens.

The intention is not for the token to be used as a transactional currency, but rather a consistent and decentralized store of value. Through a system of immutable smart contracts and continuous hyperdeflation, BOMB is the world’s first self-destructing currency.

In a modern economy plagued by the shadow of hyper-inflation, it’s experiments like these which give us the opportunity to discover value in assets which inherently become rarer overtime. Thus, giving us insight to the economic mechanics of deflation, growth and social virality in a global market.

Despite over $13,000,000,000 in public capital allocated to the decentralized world in the first half of 2018 alone, over 1000 projects are now dead. While there are many reasons for this decline, we believe the Token Velocity Problem to sit at the forefront. In short, Token Velocity is the speed at which tokens circulate their native platforms and ecosystems. If this velocity is too high and speculation is held constant, assets will struggle to conserve long-term appreciation.

BOMB has a vision of becoming the deflationary currency of the decentralized world. Will BOMB Token’s mission change the way projects issue tokens in the future? We will see. Game on.

Ethos Universal Wallet is the Official Wallet of Bomb Token

A big thank you to the Bomb Token Team and community for choosing Ethos as their Official Wallet of Choice. Bomb Tokens can now be easily stored, track, sent and received, while ensuring that with each transaction made through the Universal Wallet, the deflationary algorithm stays in tact, reducing supply overtime.

Welcome to the Bomb Token Community!

As we move forward on the path of crypto asset adoption, we look forward to bringing communities together through the Universal Wallet, providing them with a safe and secure place to store, send and receive their assets.

To start storing, sending and receiving your Bomb, get the wallet and start transacting today!

Download the Universal Wallet

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Big Thanks to our Community

With every major update, we advance forward toward the new economy. Let us know what features you would like to see us add by emailing us at [email protected]

The future is bright!