Etherburn (etb)

ETHERBURN (ETB) is a self-destructing token and community-based currency. The ETB token is an ERC-20 standard-based Ethereum token. We issued a fixed amount of 500,000 ETB tokens (Ethereum ERC-20 token with 8 decimal places, smart contract: ). Every time ETB is transferred, 2% of the transaction is destroyed. That means the recipient will only get 98% of the total transactions, so each transaction made will reduce global supply.

Every ETB token destroyed is a deflationary measure helping to increase the token value and retain the confidence of the token holders. When reduces the supply of a ETB token, makes it’s value raise. Destroying tokens then make the remaining ones very valuable. No new tokens will be created or mined.

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