| General information | |
|---|---|
| Global rank: | 4779 |
| Name: |
fBomb |
| Symbol: | BOMB |
| Current coin price (ZAR): | 0.293 R |
| Last hour: | arrow_downward-0.180 % |
| Last 24 hours: | arrow_upward0.440 % |
| Last 7 days: | 2.17 %trending_up |
| Capitalisation (ZAR): | 0.000000 R |
| Volume 24h (ZAR): | 324 464.23 R |
| Available supply: | 0.000000 BOMB |
| Total coin supply: | -1 BOMB |
| Start date: | 2019-02-11 |
fBomb/South African Rand (BOMB/ZAR) price chart
fBomb/South African Rand (BOMB/ZAR) capitalisation and volume charts
BOMB is a social experiment and financial case study to measure the feasibility of a deflationary currency. The rules are simple.
There was originally 1,000,000 Bomb in existence.Each time a Bomb is transferred, 1% of the transaction is destroyed.There will never be newly minted Bomb.The intention is not to be used for day-to-day transactions, but rather as a decentralized hedge against traditional inflationary instruments. Through a system of immutable smart contracts and continuous destruction, BOMB is the world’s first self-destructing currency.