$BOOM Tokenomics
$BOOM has a low, fixed supply of 1B that will be made available through a one-time, auction-style, 30-day minting phase. No more $BOOM will ever be created after the minting phase ends. To enhance its long-term value, a high proportion of the funds raised in the mint plus a high percent of BOOMTOWNβs revenue is allocated to systematically buying and burning $BOOM tokens forever. This creates a powerful hyper-deflationary effect that continuously reduces the token supply while demand increases from decentralized community marketing and adoption of X1.
Total Supply (Fixed): 1,000,000,000
Total Available for Auction: 900,000,000 (90%)
Reserved for Locked LP: 100,000,000 (10%)
Daily Auction Limit: 30,000,000 per day (30 days max)
Starting Price of BOOM: Dependent upon how much XNT is raised in the auction.
***MINTING PHASE HAS NOT STARTED. DO NOT GET SCAMMED!***
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