BOMB is a social experiment and financial case study to measure the feasibility of a deflationary currency. The rules are simple.
- There were originally 1,000,000 Bomb in existence.
- Each time a Bomb is transferred, 1% of the transaction is destroyed.
- There will never be newly minted Bomb.
The intention is not to be used for day-to-day transactions, but rather as a decentralized hedge against traditional inflationary instruments. Through a system of immutable smart contracts and continuous destruction, BOMB is the world’s first self-destructing currency.
Despite over $13,000,000,000 in public capital allocated to the decentralized world in the first half of 2018 alone, over 1000 projects are now dead. While there are many reasons for this decline, we believe the Token Velocity Problem to sit at the forefront. In short, Token Velocity is the speed at which tokens circulate their native platforms and ecosystems. If this velocity is too high and speculation is held constant, assets will struggle to conserve long-term stability.
The invention of BTC gave the world a currency that everyone could trust, outside the hands of governments or third parties. In addition to decentralization, BTC offered an asset that could not be artificially printed or inflated. Through this discovery, many other projects began to specialize and focus on doing one thing extremely well.
- Privacy: Monero
- Speed: Nano
- Cross-Border: Stellar
- Deflation: _______
BOMB has a vision of becoming the deflationary currency of the decentralized world.
BOMB can be attained for free through #BombUp opportunities on social media. Join the Bomb Squad on Telegram, Twitter, or Reddit to stay updated.
BOMB is an open-source and community-driven social experiment. Participating in this experiment does not present an offer for ordinary shares of any entity and token holders are not entitled to or promised any form of dividends/financial rewards. Tokens are not intended to constitute securities in any jurisdiction.
”Bomb is activist code that codifies new, irrevocable economic laws of resistance.Micah White PhDCo-Creator of Occupy Wallstreet
BOMB isn’t a normal cryptocurrency. There is no leader. There is no CEO. We don’t have a white paper. And we surely don’t wear suits. There is no ‘team’ or inner circle. There is no ‘HQ’ or main offices. The individuals behind this twitter account are just community members like yourself. There is no red tape. Nobody controls this social experiment any more than Satoshi controls Bitcoin. BOMB is an open-source, community-powered, social experiment to create a self-destructing currency. We hope you join us.
A failed programmer who hasn't had a soda in 12 years, Dash has a passion for connecting the world with new visions of reality.
A world traveler when not REKT. Austin is an avid mineral collector, fascinated by ancient pyramids, and an advocate of disruptive and blockchain technology.
An avid believer of radical transparency and roasting pitch decks. Vincent is on a mission to provide liquidity to crypto-friendly institutions.
A Louisiana Native and single mother of two, Meredith is a connector of people who believes in empowerment through freedom from traditional financial systems.
A blend of mustache and beautiful story telling, Dylan was a previous editor at Cointelegraph and ran CBO for a multi-million dollar blockchain agency.