FUZE Token (FUZE)

FUZE Token

(FUZE)

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Information:

Blockchain: Ethereum
Ticker: FUZE
Type: Token
Asset or Contract address: 0x187d1018e8ef879be4194d6ed7590987463ead85

Market Cap:

$38 740

Supply:

Circ.*: 867
Total: 867
Max: 1 000

Explorers:

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FUZE Token Price

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What is FUZE Token?

“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.”

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