$Babel is a financial experiment based on the principles of Bitcoin. The goal of this experiment is to create an asset that appreciates over time and ends up being completely decentralized. We hope that the community acts in the development. It´s an experiment in the first level. Our first commitment is with the Spanish-speaking community, although several languages are handled among the developers (English, French, etc.)
We propose Waves as a launch pad for the currency due to its ease of trading on all pairs and its community.
It ´s a deflationary currency. As the currency gains adherents, it appreciates by burning coins from the initial supply. In other words, the first to obtain the coins will benefit in price and supply.
We can understand that being an experiment can change the terms of the burning of coins, always with the aim of benefiting the investor. Also, despite the probability of a large revaluation, this is still an experiment and therefore you must invest with due precautions. $ Babel is based on a pyramid approved scheme in which the initial investors are rewarded, but it is not a fraud because it has already been said.
