VOID airdropping for FREE — The First TRC-20 Hyper-deflationary Currency
Community
Team integrity generally lags fulfilment of stated performance. Of the intended 5M VOID tokens to be airdropped to active, participating TRX wallets, today 29/06/19 we observe their second distribution event, bringing the total public distribution to 750k VOID (15%). This is to say there are yet few accountable events accreditable to the team. Theirs remains a hopeful case for upholding the attendance to their stated efforts to their current performance.
Providing themselves a time restricted 10% (1M) of all (10M) VOID tokens provides emphasis on the team’s confidence in both the token’s ultimate design and a scaled communal game to drive the token’s primary deflationary transaction function. Releasing the token for trade prior to any express utility serves to confirm the importance of inclusion.
A highly liquid asset is being distributed equally to the airdrop participants and it is to their own determination that they hold or have strong hands.
A provision for the sake of the term Hyper-deflationary to not be generalised as “superdeflation squared” appears generally: crypto offers a countermeasure against global inflation; Tron tokens are technically deflationary in a varied project landscape populated by some operating unlimited token generation models; VOID’s secondary expression of value to being part of the instant, secure transactions TRC20 environment is in being designed as deflationary, deflating against TRX, deflating again against the dollar.
Deflation Primer
In all fiat cases, items become more valuable, the populace’s currency and the populace themselves become more spendable and simultaneously abandoned by value in the act of transacting on belief. Money is intended to be immune to this.
Validation requires sufficient design for the prevention of disagreement. Machines can be tested. Foods can be tasted. Precious metals can be assayed and certified.
A short argument exists that inflation results by assuming a solely time limited financial system’s permanence from its certain ability to provide liquid operations for the generation and sale of goods and services. The expectation of emergent and changing thresholds is the basis to which a period for justifying any profit generating operations is fitted to mediate disagreement. During this period we find it necessary to secure one’s own value.
Basis goods and services are ultimately perishable, becoming increasingly less valuable over time compared to a necessary indicator for value against time, the design for which money was necessary. There is a point, as the complexity of the system eventually determines itself to be self-sufficient in accord with competing unknown forces, at which it is always necessary to seek exogenous finance. Where humans have previously designed financial products to preserve wealth against the apparent inevitability of inflation, such as war and time staked interest-bearing deposit certificates, Bitcoin emerged as a digitally divisible, transferable account of value designed to deflate against other common assets by its permanent, limited supply.
The Tron Network, with its own deflationary characteristics, is capturing this exogenous finance globally to some already provable success. Operating on the Tron network welcomes VOID to partaking in a portion of this money with the reminder of deflationary assets having been both revolutionary and historically preferable. Considering the now sufficient demonstrations through the interoperability drive by TRC20s, VOID is designed inherently for the increasingly common discussion surrounding token destruction models.
Waiting for Dapps
Burn Rate Per Transaction
DApp participation is broadly understood to be a fluid experience. The encouragement of trading with the offer of a 3% burn rate on ALL transacted tokens is currently unaccompanied by the various, nascent utilities intended to drive transaction volume. Ultimately, we assume a condition of 0.001% of all time TRX volume retained by 10k final VOID tokens for continuity. The indefinite shrinking problem solved by the team (more in whitepaper) allows this not to be the upper limit of the demonstration VOID stands to serve.
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Contributed by discord user snail22#5980
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