Bazooka is a self-deflationary, token (Erc20) with an automatic 2% burn on all transfers & use case in Real Estate, E-gaming & sports betting.
People prefer to store their wealth not in conventional currency, but in something that is a good store of value. Why? because of inflation. The supply of a conventional currency increases overtime, hence the value of the currency decreases. When the value of an asset depreciates overtime, it is considered a bad store of value. Hence, if you have a lot of wealth to store, you wouldn’t store it in a currency with increasing supply. Will you ? Enter Bazooka a self-deflationary, token with an automatic 2% burn on all transfers.
Bazooka isn’t your typical cryptocurrency. The Bazooka token is a social experiment designed to explore the potential of a perpetually deflationary currencies. While Bitcoin was designed to only have 21 million tokens in existence, Bazooka takes BTC’s immutable methodology a step further. Through the power of the blockchain, Bazooka actually self-destructs a little bit with each transaction.
Bazooka is built upon Ethereum and is an erc20 token. This will allow for the Bazooka token to be easy and simple to send to the majority of those involved in the Cryptospace as many involved already have an Ethereum address and if they don’t, they can easily create one and begin using Bazooka. This large network of users from day one makes entry into purchasing or acquiring Bazooka incredibly simple and straight forward.
Whenever Bazooka Token is transferred, 2% of the amount is burned. This increases the value of Bazooka over time. Bazooka as an asset base, will serve both as a store of value cryptocurrency as well as a hedge against inflation situations that are most often associated with currently available cryptocurrencies.
BAZOOKA aims to launch a license based crypto E GAMING AND BETTING website in the future and every holder of BAZOOKA will get there profit share. 10% of the available tokens will be held by the team, 20% is for marketing and 70% will distributed to the community. Bazooka aims to be the number one deflationary currency in the entire Cryptospace and Bazooka has some exciting future prospects to make this happen. New exchange listings, an active and talented development team, a wonderful community, and much more is coming.
Distribution of the BAZOOKA token is simple. No premine, no ICO, no bulls**t. BAZOOKA has been and will continue to be openly bought and sold in a free market and fairly airdropped to anyone and everyone interested, for a limited time.
Visit Bellow Links to Find More About BAZOOKA and to get new Air-drops.
Twitter: https://twitter.com/Baztoken
Telegram Group: https://t.me/bazookians
Telegram Channel: https://t.me/bazookann
YouTube Channel: https://t.co/i4zSA03pYI
WRITTEN BY Nimashiya aka pineapple-pen https://medium.com/@cryptowinsme/bazooka-a-self-deflationary-currency-4273c3961853