FUZE Token
FUZE

89.71
$
61.45 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 39,548
Total Supply
778
FUZE
$
Description
What is FUZE? FUZE Token is a fully community-driven social experiment and the world’s first self-deflationary currency with a supply of 1000 tokens and a 5% burn rate. Why FUZE? A difference between FUZE and most other deflationary projects is that there is no dev holding/allocation — every token was distributed fairly by airdrops. This distinguishes FUZE as a token created entirely for its community. What’s the purpose of the FUZE project? Our main goal is to build a community that decides in which direction the FUZE Token should go. Future functions or use-cases can be built by any member of the community. Of course, the main function right now is the deflationary token model — this means the total supply decreases with each transaction. Why a deflationary token? We like the concept of this kind of token model because it exemplifies the hodler mentality. Let’s say you buy FUZE Tokens for 1 ETH — you are incentivized to hold your FUZE because each time you send it to another address, 5% will be burned. This naturally encourages hodling, rather than sending. This token burn will naturally drive token appreciation through driving an increase in scarcity vs demand.
We Use Cookies
By continuing to use our site, you accept our use of cookies