What started as an experiment with the first deflationary currency has turned into a revelation of the economics on coin structure. Well, the experiment is over. There have been multiple tokens and coins testing out the theory on deflating supply to increase demand.
We are creating a a currency that burns at a 3% rate of the course of its token life span. While 2% of every transaction will be burnt forever, 1% goes back to The Inferno Token Foundation. Also, as part of the 1 million airdrop available on our website. For every claim on the site another transaction will be created to return to the team. This fund will be used for airdrops, bounties, competitions and exchange listings. With creation of new tokens while tokens are being burned this will enhance to token life span and create an economically stable token to ensure the ITF and token are here to stay.
The Inferno Token Foundation was founded to support different groups and competitions in the community. The original plan was to donate 1% of all transaction to a crypto charity or foundation. We found that upon further inspection this was harder than we thought as none of the established organizations accepted tokens. So, the 1% will go to the ITF and the community will decide where these funds will be best utilized. From sponsoring a game tournament to increase crypto awareness to helping disaster relief anywhere in the world. As a community the ITF will help for crypto awareness worldwide.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.