Equal ICO (EQL Token): Deflation Through Burn Crypto Coin?
What Is Equal?
If EQUAL were a church, it would be preaching that there is no better blockchain platform to entrust your business’ or organization’s products and services on than its ERC-20 token. What makes EQUAL’s token blockchain platform special is that it has an unprecedented adoption rates with a growing community, and a future seed program that obviously rewards the earliest adopters the most.
EQUAL’s unique self-deflationary token design means that it is the ideal system to use for multi-platform projects since it is easy and seamless to unify digital services with a functional cryptocurrency. Compared with using a platform that is funded via an ICO and only offers a single purpose application, the EQUAL platform is perfect even for projects and ideas that may mutate into something completely different later on.
Equal EQL Token ICO Details
Most developers today bank on ICOs to raise the funds required for application-specific tokens. These tokens are used as currency within the application – it pays the membership fee and is used for user-to-user transactions.
The platform looks to solve the fractured token market by replacing them with a single utility token with multi-platform support. The token also comes with a self-deflationary growth mechanism that ensures the currency is not only stable and very accommodating to any rate of growth, but also provides a solution to long-term cryptocurrency problems such as a wide gap between different application types.
The total supply of EQUAL’s EQL cryptocurrency will forever declining, meaning that the average value of each remaining token held by a token holder will forever increase relative to currency circulation. Because the EQL is 100 per cent airdropped and not ICO-backed, it does not favor the wealthy whales, there is no spending money on the costly token sale transaction charges, and no worries of pre-sale flash investors looking to dump shares as quickly as possible for small profits.
Equal Deflation Through Burn Crypto Coin Conclusion
The team behind the EQL token believes that it will grow to be the most widely-used utility token largely because of its cross-platform support. The blockchain network is ripe for all kinds of tech applications. Also, because the platform is built on top of the popular Ethereum blockchain, it is highly dependable, fast, and scalable.
By Airdroping 100% of its EQL currency value, EQUAL is looking to provide a permanent solution to the saturation problem witnessed in the ICO market that has polluted the cryptocurrency market in general. Presently, the system supports major third-party wallets including parity, Mist & Ethereum, MetaMask, imToken, andyEtherWallet.