The cryptocurrency is a new digital currency which has changed the way we handle money and do businesses. It has opened a new medium of investment for many people. One of the major challenges of cryptocurrency is that it is inflation and volatile in market, i.e cryptocurrency price is never stable. The stablecoin came on board hoping to solve the challenges but it could not as many investors don't fancy investing on stablecoin which does not offer them any profits. However, the emergence of deflationary token seems the final solution to volatility and inflation issues facing crypto currencies. The crypto-currency value always water down it got issue to holders or stakers; but the implementation of deflationary model appears to be more sustainable through scarcity.
BLOCKBURN
Blockburn is the new generation cryptocurrency platform with a unique deflationary and micro economic structure. Blockburn is a project that has a solid foundation, they have a full backup and all necessary supports they need. The project was self funded, they did not raise funds to develop their project, rather the team fund all from their personal pocket. Blockburn is working to make sure that there are new means of storing of value in such a way that that is quite different than other in the crypto space. Blockburn is also working to implement people with a mechanisms that will subdue the inflation rate of crypto currency.
Blockburn has supplied a fixed quantity of BURN token (2 million BURN token), the BURN token is expected to stabilize the overall crypto market and balance up the volatility state of crypto market. The BURN deflationary token can be stored as an assets and can also be used for P2P peer transactions.
The BURN is an ethereum based deflationary token. In every BURN transaction, 2% of the tokens used in that transaction are destroyed.
For other inflation tokens, if they want to hype the price of their token, they will reduce the price by burning some quantity of their token; but for a deflation token, some percentage of the token automatically destroy as a transaction is executed which reduce the quantity and indiri increase the price.
ADVANTAGES OF BLOCKBURN TOKEN
There are guarantee that as a member of Blockburn community, you are set aside from the calamities of losing the value of your assets due to volatility of crypto market.
There is assurance that the BURN deflationary token will be appreciating days after days
BLOCKBURN DAPP
In order to bring all the Blockburn community into one accord, the platform will launch a decentralized application (dApp). The BlockBurn App is like the home of all the ecosystem of Blockburn platform. Through this dApp, we will be able to perform most of the functions of Blockburn platform. The BlockBurn dApp is user friendly and has a lot of interface which will make it ease for while using it. The BlockBurn dApp was incorporated with many robust functioning and there won't be any stress while using it. For the purpose of making it compatible with the kind of devices we are using, Blockburn dApp will be available for both Android and iOS devices which can be downloaded from playstore and other App hub.
FEATURES OF BLOCKBURN DAPP
Cryptocurrency Wallet
The BlockBurn platform will design a cryptocurrency wallet where the users can store, send and receive tokens. The wallet is incorporated with adequate security measures to safeguard the user's funds inside the wallet; part of it is two factor authentication. The users are advised to activate the 2FA before making use of the wallet for safety purposes.
Game
The BlockBurn designed a game inside the dApp where the users can play and earn. This is another means of earning while making use of the platform. Users can play the game for fun and can earn BURN token as well for playing the game.
Staking
Staking is another means of earning passively from the platform. The users can stake their BURN token and earn some profits over it. This is highly commendable because the staker won't stay online nor do any other jobs before they could earn their profits.
Follow Up
In Blockburn platform, you can be following up all the latest happenings around the crypto world through this platform and also earn. This section is tag "Read and Earn", that means you read difficult news on this platform and also earn some tokens for reading.
Website: https://blockburn.io
CoinMarketCap: https://coinmarketcap.com/currencies/blockburn
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5180502.new#new
Telegram: https://t.me/burntoken
Twitter: https://twitter.com/BurnToken
Medium: https://medium.com/@TheBurnToken
Facebook: https://www.facebook.com/TheBurnToken/
Github: https://github.com/burntoken/BURN
Telegram username of Author : @jixeje
Eth Wallet Address: 0xBB1dAf7511d4B48bC9717e9d1AB32D5A1D6F396a