Topic: [EQL] A Self-deflationary, Fairly Distributed, Multiplatform Utility Token (Read 128 times)
February 10, 2018, 04:24:22 PM
The idea of Self Deflationary and burning the transaction fee is interesting. At least for watching and making conclusion is this a sustainable model for crypto's. Currently the price is only declining.
February 10, 2018, 04:02:29 PM
**Motivation**
Developers running ICOs raise funds for application-specific tokens that are used for transactions or membership fees inside their own application. These tokens can also experience value decline when compared to Ethereum, resulting in an application token that is more of a hinderance to the end user than utilising Ethereum itself. This results in a fractured token market where most tokens could be replaced by a single, multi-platform utility token, incorporating a self-deflationary growth mechanisim to ensure stable, long term, growth, while also bridging the gap between a wide range of applications.
**Self Deflationary Cryptocurrency**
To provide steady sustainable growth, EQUAL or (EQL token for short) has baked in a transactional fee of 1% or max of 250 EQL. This transactional fee is not for profit and will be burnt.By burning the transaction fee, the total supply of EQUAL is for ever in decline. This process will increase the value of all tokens held by token holders, because each token holders percentage ownership will be gradually rising relative to the circulating supply.
**100% Airdropped**
Three reasons why EQUAL is NOT running an ICO.
1) ICO pre-sales favour the Whales
2) Whales use high transaction fees to secure tokens
3) Pre-sale investors flash dump to secure quick profits
http://www.equaltoken.io
What do you think folks?
Developers running ICOs raise funds for application-specific tokens that are used for transactions or membership fees inside their own application. These tokens can also experience value decline when compared to Ethereum, resulting in an application token that is more of a hinderance to the end user than utilising Ethereum itself. This results in a fractured token market where most tokens could be replaced by a single, multi-platform utility token, incorporating a self-deflationary growth mechanisim to ensure stable, long term, growth, while also bridging the gap between a wide range of applications.
**Self Deflationary Cryptocurrency**
To provide steady sustainable growth, EQUAL or (EQL token for short) has baked in a transactional fee of 1% or max of 250 EQL. This transactional fee is not for profit and will be burnt.By burning the transaction fee, the total supply of EQUAL is for ever in decline. This process will increase the value of all tokens held by token holders, because each token holders percentage ownership will be gradually rising relative to the circulating supply.
**100% Airdropped**
Three reasons why EQUAL is NOT running an ICO.
1) ICO pre-sales favour the Whales
2) Whales use high transaction fees to secure tokens
3) Pre-sale investors flash dump to secure quick profits
http://www.equaltoken.io
What do you think folks?
actually on my opinion , the less the amount of goods, the price will increase. now, the problem how many people have shares of EQL
and how many transaction per day.
i just think maybe someone over there try to cheating on airdrop and will be Whales for free.
February 10, 2018, 07:44:00 AM
very good project
December 19, 2017, 03:19:51 PM
Project and team look very promising. I got ~60k EQL tokens from 2 airdrops. Let's see what happens when they will be listed on more exchanges. There is a lot of potential
December 19, 2017, 05:14:10 AM
**Motivation**
Developers running ICOs raise funds for application-specific tokens that are used for transactions or membership fees inside their own application. These tokens can also experience value decline when compared to Ethereum, resulting in an application token that is more of a hinderance to the end user than utilising Ethereum itself. This results in a fractured token market where most tokens could be replaced by a single, multi-platform utility token, incorporating a self-deflationary growth mechanisim to ensure stable, long term, growth, while also bridging the gap between a wide range of applications.
**Self Deflationary Cryptocurrency**
To provide steady sustainable growth, EQUAL or (EQL token for short) has baked in a transactional fee of 1% or max of 250 EQL. This transactional fee is not for profit and will be burnt.By burning the transaction fee, the total supply of EQUAL is for ever in decline. This process will increase the value of all tokens held by token holders, because each token holders percentage ownership will be gradually rising relative to the circulating supply.
**100% Airdropped**
Three reasons why EQUAL is NOT running an ICO.
1) ICO pre-sales favour the Whales
2) Whales use high transaction fees to secure tokens
3) Pre-sale investors flash dump to secure quick profits
http://www.equaltoken.io
What do you think folks?
Developers running ICOs raise funds for application-specific tokens that are used for transactions or membership fees inside their own application. These tokens can also experience value decline when compared to Ethereum, resulting in an application token that is more of a hinderance to the end user than utilising Ethereum itself. This results in a fractured token market where most tokens could be replaced by a single, multi-platform utility token, incorporating a self-deflationary growth mechanisim to ensure stable, long term, growth, while also bridging the gap between a wide range of applications.
**Self Deflationary Cryptocurrency**
To provide steady sustainable growth, EQUAL or (EQL token for short) has baked in a transactional fee of 1% or max of 250 EQL. This transactional fee is not for profit and will be burnt.By burning the transaction fee, the total supply of EQUAL is for ever in decline. This process will increase the value of all tokens held by token holders, because each token holders percentage ownership will be gradually rising relative to the circulating supply.
**100% Airdropped**
Three reasons why EQUAL is NOT running an ICO.
1) ICO pre-sales favour the Whales
2) Whales use high transaction fees to secure tokens
3) Pre-sale investors flash dump to secure quick profits
http://www.equaltoken.io
What do you think folks?
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