Erosion- Ethereum’s First Hypodeflationary Asset

By Jino | CoinCantik | 7 Sep 2019


As an cryptocurrency investor, you must be prepared to DYOR (do your own research) and take the time to analyze and study any potential ICO you may wish to invest in. It is so easy to get caught up in fake marketing and hype, leading you to make bad decisions. No matter how great the website looks or how many of your so called ‘trusted’ YouTubers promote any given, you can only really trust yourself and what you as the investor believe to be the truth.

Below I will to give you one of potential project that interest you !!!

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Overview

EROS is hypodeflationary Its very straightforward, while bomb attempts to detonate its tokens rapidly, henceforth a 1% burn Erosion attempts to gradually Erosion the tokens to give a moderate disintegration like lessening, subsequently a 0.01% consume. EROS does not have a base consume, in contrast to bomb, EROS has 18 decimal focuses in its token contract, taking into account accuracy moves, EROS likewise does not consume more distant than 14 decimals, implying that in the far future, EROS won't fall to pieces. They have a similar idea of consuming each exchange yet not at all like bomb, the Erosion Token is a hypo sort of deflationary one.   When we state hypodeflationary it is a moderate procedure of consuming tokens in each exchange and that is the Erosion Token presently, gradually lessening the measure of token by just 0.01% so it will accomplish more than bomb and much increasingly longer employments of Dapp on account of its low consuming procedure. The Erosion token is as its name itself a gradually dissolving cash that will have a major effect in deflationary field as well as in all digital currency. (EROS) Erosion is the first hypodeflationary ™ currency originally based on ethereum blockchain! Let me explain to you who doesn’t know about Ethereum, ethereum is that Ethereum is a Blockchain platform with Smart Contract functionality. Developed by Vitalik Buterin in late 2013. ETH, also known as Ether, is the currency of Ethereum’s Blockchain system. This is what you can trade on the current exchanges. In a nutshell: Ethereum is a Blockchain platform, and ETH is the monetary unit in the foundation of Ethereum.   The blockchain is a database system that contains information, used to store information in linked information blocks, and is managed by everyone involved in the system, rather than on one side. 3rd individual such as state or central bank.   about_img.png

Features

Hypodeflationary 0.01% Burn Rate

During each transfer made 0.01% of the transaction will be burned and removed from existance.

Dapp Compatible

ERC20 standard protocol for easy Dapp intergration while still providing the long term benefits of deflation.

10 Million Max Supply

There will only ever be 10 million EROS tokens created. This supply will decrease overtime increasing scarcity.

Non Self Destructing Asset

EROS burns down to the 14th decimal meaning there will be a remaining supply once all burning has completed.

Expansive Dapp Ecosystem

EROS will be integrated into a large expansive ecosystem of dapps that will help drive mass adoption.

With 10,000,000 EROS released to the market, how do Spacesrop / airdrops be distributed fairly? To solve this problem, Erosion has caused 8,000,000 EROS to be locked in a smart contract, will reduce 500 EROS for each address listed in the whitelist, to list your address, you will need to post your address (must be in any form before 30 days begin) and your twitter profile link (must forward the tweet pinned on EROS’s official twitter account) to @ErosionSpacesrop. If the message passes these requirements, the bot will instruct the user on how to receive airdrops! Each address or twitter account can only be used once. This reduction of space will only last for 2 months and if by the end of two months, any tokens left in the contract, they will be burned.

TOKEN INFO

  1. Token Name – Erosion
  2. Token Symbol – EROS
  3. Decimal – 18
  4. Rounding Rounding – 14
  5. Writing speed – 0.01% of each transaction

distributed:

Erosion Tokens (EROS) are currencies that ultimately deflate (hypnotize) on the Ethereum blockchain.

  1. Total shipping – 10,000,000 EROS
  2. Total Spacedrop – 8,000,000 EROS (80%)
  3. Total remuneration – 1,000,000 EROS (10%)
  4. Team + Other (payment list, etc.) – 1 000 000 EROS (10%)

Conclusion 

In my opinion, the project looks promising and promising. The concept is unique and relevant in our time. The project has many advantages, so it must be successful.

Useful Links

Author :
Bitcointalk Profile : maniabireta
ETH Address : 0x0a897Df7C706b134E19c7ea2D835FF765842B395

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Jino
Jino

Trader Cantik


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