BURNY- The World's Hyper Self Burning Cryptocurrency
In a fast paced and rapidly changing world of cryptocurrency, it is important for cryptocurrency owners, investors, analyst and everyone in the cryptocurrency space to be kept abreast of current trends, innovations and analysis. Absolute control over information is an herculean task if not nearly impossible, there is increased risk of harsh user experience in the world of cryptocurrency and a rapidly advancing technology such as blockchain.
In a world of hackers, fraudsters and individuals who seek to take advantage of other people’s naivety, it is important to have access to tools, data, analysis and information to keep one up to date of current event happening in the everyday crypto space. Information is power, with the right tools, you are indomitable. But gathering these information from various sources proved to be a time sapping and effort consuming task. A perfect solution would be to have an ecosystem which provides these tools to everyone ranging from investors to cryptocurrency experts or people who are newly venturing into the crypto world in one giant platform and this is where Burny comes in.
BURNY is a deflationary cryptocurrency that is an ethereum token utilizing the erc-20 based blockchain infrastructure. It is a social experiment and a financial case study aiming to measure the utility of a deflationary currency.
The project aims not to show new gimmick to deflationary tokens, but to attest the value of what can be done by creating an influential community culture, growing strategic partnerships, along with quality platform development. Building a structure and culture of equitable and transparent distribution is one of the ideas that the founders of the Burny token arrange this.
Burny is a social experiment, but it is also a community with robust organizational culture, a note of inclusion and diversity, and shared community goals. These factors, along with quality planning by the team for dApps and partnerships with other promising projects, will make Burny a great project to be a part of.
How It Works?
This project's purpose is not to be utilized for daily transactions, but rather as a decentralized boundary against traditional inflationary means. Within a system of immutable smart contracts and endless burning, Burny is the world's hyper self-burning cryptocurrency.
There were initially 10,000,000 Burny in existence.
Each time a Burny is transferred, 5% of the transaction is destroyed.
There will never be newly minted Burny.
Token Details
Project: Burny
Ticker: BRN
Burn Rate: 5% per transaction
Token Allocation
50% Community
30% Development/Marketing
20% Team
Token price: 2.50 USD/BRN
Contrary to most of the crypto-currencies constructed on the blockchain, which are either inflationary or have a fixed number of supply, Burny is designed to be deflationary. With a fixed and an initial quantity of only 10 million tokens, BRNs supply will decrease rapidly with the increase of numbers of users joining the ecosystem, burning more BRN tokens with its growing usage on the Ethereum Blockchain.
Burny is also known as a social experiment on how a community will put value and choose to use it. The operation commences with 10,000,000 tokens. The number of tokens is then below the 10 million starting point because Burny is a deflationary currency. It deflates at a 5% per-transaction rate.
The project aims not to show new gimmick to deflationary tokens, but to attest the value of what can be done by creating an influential community culture, growing strategic partnerships, along with quality platform development. Building a structure and culture of equitable and transparent distribution is one of the ideas that the founders of the Burny token arrange this.
ROADMAP
For more information, please visit:
Website: https://burny.io/
Telegram: https://t.me/Burnycommunity
Twitter: https://twitter.com/BurnyToken
Facebook: https://www.facebook.com/BurnyToken
Reddit: https://www.reddit.com/r/BurnyToken/
Author : Maniecool
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1692995