Author

Topic: ROBUST TOKEN - An experimental BEP20 deflationary token on BSC (Read 95 times)

legendary
Activity: 2156
Merit: 1622
Every day hundreds of similar projects appear, but there are many that are successful. I don’t know what will happen to them in 2-3 years, but there are quite a few projects with a very large and active audience.

99.9% of them are scams. Project like this - without purpose, without value - made just to exist as an asset with build is mechanism that tries to cheat investor that this mechanism alone is able to build long term value - pump price and buy them lambo. It does not work like that.


The whole point of such projects is to become at least a little successful like Doge and many have conquered their market.

"at least a little successful like Doge" AL LEAST as successful as one out of 5 most popular crypto XD No. They aim to collect as much money and exit-scam. They don't aim to build another doge.
full member
Activity: 1050
Merit: 103
BIB Exchange
First time to see a token without demand and use-case but can grow! nice marketing attemp. As always the project will be ended with scam, still remember a project on BSC called DEFI100 exit scam with style changing their website and say "You all got scam by us, f*ck moon boy".

Nothing to new at all after see the website.
Every day hundreds of similar projects appear, but there are many that are successful. I don’t know what will happen to them in 2-3 years, but there are quite a few projects with a very large and active audience. The whole point of such projects is to become at least a little successful like Doge and many have conquered their market. If such projects are considered, part of the profit is sent to liquidity, which gives at least some hope that the project will survive.
legendary
Activity: 2660
Merit: 1261
First time to see a token without demand and use-case but can grow! nice marketing attemp. As always the project will be ended with scam, still remember a project on BSC called DEFI100 exit scam with style changing their website and say "You all got scam by us, f*ck moon boy".

Nothing to new at all after see the website.
legendary
Activity: 2156
Merit: 1622
Just stop. Stop with next scam token. Build to exist... no other use case, no other purpose.

Being deflationary does not mean anything when total value is equal to 0. It does not matter if 100k tokens are worth 0 or 10k tokens are worth 0. 0 - thats how much is worth smart contract with build in 1% fee (despite short term price fluctuations).

ICO, IDO and other types of offering are made for devs to collect funds. To build big things. To build next binance. To build next gen uniswap. To build whole enviroment that needs token to exist (or use token to reduce fees). Build something that everyone needs. Not to collect money and leave people with "deflationary asset" created thanks to 1h youtube video.  "deflationary asset"  that no one wants.
newbie
Activity: 2
Merit: 0
RBT is an experimental BEP20 fixed-supply token designed with an aggressive deflationary mechanism on the Binance Smart Chain with a fixed total supply of 1,00,000.

Most tokens are by design inflationary and their supply will keep on growing even without any demand or use case. With the current meme token season, where billions or even gazillion tokens are minted with no utility, this issue becomes even direr.
Furthermore, many tokens with fixed supply rarely generate enough transaction volume to create value for holders. Resorting to a grand last-minute token burn event is also usually counterproductive and actively promotes the expected pump and dump fallout.

At launch, a total supply of 100 000 RBT will be minted. After this initial minting process, no more RBT can ever be created again. Every RBT transaction will incur a 1% transaction fee. This fee will get deducted from each transaction, burned, and converted into Robust Reward (RBW). Effectively, every transaction will contribute to the reduction of the total supply of RBT.

RBW will represent the holder's share in the Robust Protocol ecosystem. It will be used for the governance of the ecosystem and confer voting rights to the holder. RBW will also be the primary token for bootstrapping all future projects under the Robust Protocol ecosystem.

Check the website and docs for more details.

Website:
https://robustprotocol.fi

Telegram:
https://t.me/robustprotocol

Twitter:
https://twitter.com/robustprotocol

Medium:
https://robustprotocol.medium.com

GitBook:
https://docs.robustprotocol.fi


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