cryptooffer Posted April 14, 2021 Share Posted April 14, 2021 WeatherBalloon WeatherBalloon is a verifiably Fair Launch Reflectionary token, allowing frictionless staking through the simple act of owning the token. By removing a substantial amount of tokens from active circulation, WeatherBalloon attempts to force the price-floor higher in a healthy manner. 01 Verifiable Fair Launch As a solidity developer, a DeFi researcher, and an academic scholar, I find the current environment of the DeFi field absolutely disgusting. At every turn, there are developers taking advantage of trusting users, and throughout the last year, I have had countless scams brought to my attention. Due to this, I have decided to release WeatherBalloon. WeatherBalloon will be whatever you make it. I have released this token into the community; I no longer have any ownership of it, so it remains up to you to make it as successful as you can. When the time comes, the WeatherBalloon Support Fund will be used to lift WeatherBalloon to the next stage. WeatherBalloon is the first step toward the creation of an InsaneDev ecosystem. Through the success of WeatherBalloon, InsaneDev will achieve the funds required to further develop the InsaneDev ecosystem and ensure the success of all parties involved. 02 Highly Deflationary Burn Pile WeatherBalloon is a deflationary cryptocurrency. Every time a transaction takes place with WeatherBalloon, 2% of that transaction is distributed and 2% is removed (i.e. "burned") from the total supply. This increases the scarcity of every WeatherBalloon token in circulation. In simple terms, the value of the remaining WeatherBalloon tokens in circulation is increased by simultaneously decreasing the supply (deflation), while also distributing WeatherBalloon to everyone using the token. As a result of this, every single WeatherBalloon holder has an incentive to spread the use of WeatherBalloon as much as possible. As more transactions take place on the network, the individual net-worth of all who own a piece of the network increases as well. 03 Community Oriented As other crypto projects have recently proven, with GrumpyCat recently achieving nearly $100,000 donated, and SnowgeCoin errupting in popularity from the simple idea of allowing the public to donate, community outreach is a very important aspect. WeatherBalloon has set aside a 7.5% of the total supply to providing Community Outreach and creating real change. Simply by being a part of the community, you can be a part of making a difference. 04 Dev Funds The dev fund equates to a total of 11.5% of the total circulation of WeatherBalloon; 19% with the inclusion of the Community Outreach / Donation fund. These 19% of circulating supply are not gaining Transaction Rewards, and will be used to directly support the WeatherBalloon project. WeatherBalloon is a SafeMoon fork, designed to be the native currency for the InsaneDev ecosystem which will enable additional deflationary measures on WeatherBalloon, and the RFI token marketplace in general via partnerships. How to buy: https://balloon.insanedev.info/howtobuy.html Website: https://balloon.insanedev.info/ WHITE PAPER https://balloon.insanedev.info/WeatherBalloonWhitePaper.pdf Telegram: https://t.me/InsaneDev #WeatherBalloon #SafeMoon #token #Defi #nft #nfts Link to comment Share on other sites More sharing options...
Matthew001 Posted April 14, 2021 Share Posted April 14, 2021 Interesting Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now