Manson Ndubuisi
6 min readMay 23, 2021

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100XCOIN- INTRODUCING A DEFLATIONARY TOKEN WITH A DIFFERENCE

The introduction of digital currency which is popularly known as cryptocurrency or crypto has paved the way to great innovation in the financial sector. Through the innovative potentials of cryptocurrency and blockchain technology, a unique and reliable system of finance that is opposite to the traditional financial system has been established. Decentralized Finance commonly known as Defi is already transforming the global financial system by unlocking several financial opportunities and making money very much accessible to all. More importantly, Defi is permissionless, transparent, and highly secured.

Defi-based projects are gaining popularity day by day and many of them focus primarily on their token models which have led to great creativity in Defi projects. It may be of interest to know that there are two important token models in the crypto world which are Inflationary tokens and Deflational tokens. Unlike Inflationary tokens, Deflationary tokens utilize a model or a method that enables the circulating supply of the tokens to be reduced either through a buy-back and burn event or through a burn on the transaction, and this provides a distinct opportunity to long-term holders of such tokens.

One of the major advantages of Deflationary tokens that have made them gain more interest in the blockchain architecture is the maximization of the value of their tokens by increasing the valuation of the token in proportion to the decrease in the amount of the tokens that are in circulation. Although many Deflationary cryptocurrencies are making waves in the markets today. But there is one powerful and viable Deflationary asset that is currently reshaping the entire crypto industry, and that is the 100XCOIN.

100XCOIN- BRINGING TRANSPARENCY AND STABILITY IN ALTCOIN TRADING

The 100XCOIN in a simple term is a Deflationary token that is uniquely built on BSC (Binance Smart Chain). It is the first and the leading doxxed meme coin. This coin (100XCOIN) was founded by a great cryptocurrency influencer popularly known as Ken the Crypto who happened to be the influencer to develop a coin and also launch that same coin, his wealth of knowledge as well as his skills as a crypto influencer and coin launcher make 100XCOIN a degen leader. Another interesting part of the 100XCOIN is on the 10% transaction fees, this is being shared between the burn functions, the automatic liquidity pool generation, including the development wallet.

As a deflationary token with a difference, one of the reasons why 100XCOIN was created apart from bringing accountability, Is to change the game of altcoins by restoring both stability and transparency when trading in the volatile world of alternate cryptocurrencies (Altcoins), that is cryptocurrencies other than Bitcoin. The innovative approach to managing the 100XCOIN as a deflationary cryptocurrency further enhances its interest in the growing number of people including users, traders, and investors that operate in the blockchain sphere.

What sets the 100XCOIN apart from other deflationary cryptocurrencies is its vision and objectives. 100XCOIN goal is to provide the world at large with an opportunity to 100x their investments. It is no longer news that many organizations (Banks, Venture Capitalists, Investment Firms, etc) despite setting high barriers to entry end up giving investors minor returns but 100XCOIN makes use of Defi to provide profitable investment opportunities that are accessible to all. And through these opportunities 100XCOIN is building accessible and high-growth blockchain-based projects, thereby making 100XCOIN project the largest decentralized investment organization globally.

100XCOIN- PROVIDING THE WORLD WITH THE OPPORTUNITIES TO GENERATE WEALTH EASILY

The 100XCOIN project is efficient, secure, and credible. It is sustainable and can accelerate the mass adoption of cryptocurrency as well as bring Defi to the mainstream. Many Defi projects come with some risks, but to ensure that investors and users maximize their profits, the excellent and experienced team behind the 100XCOIN mitigates these risks and this is achieved by focusing on the values of both sustainability and transparency of the project especially when decisions are to be made for all the 100XCOIN holders.

SOME OF THE 100XCOIN TRAITS THAT IS UNCOMMON IN DEFI

There are some traits which the 100XCOIN values that are very uncommon in decentralized finance, they include:

  • SUSTAINABILITY
  • TRANSPARENCY
  • EDUCATION
  • SUPPORT TO OTHER COMMUNITIES
  • SHILLING

100XCOIN will be averaging decentralized finance trends to build new investments that will be outside of the inner circles, and this is simply referred to as Shadow Venture Capital. It is important to know that while other projects are busy going wrong places, 100XCOIN is determined to go places because it aims for the biggest source of energy in the solar system. This is true because 100XCOIN is more than a coin, in a nutshell, it can easily be referred to as a maxim or a motto because it unites the entire community.

THE 100XCOIN TOKENOMICS AND DISTRIBUTION

100XCOIN initial token supply is 953,312,500,000,000 which is distributed across the holder’s wallet which means that the founders or developers hold no token. Anyone can easily buy or sell 100XCOIN smoothly without stress.

The $100xCoin tokenomics details are as follows:

Burn per transaction: 3%

Automatic liquidity pool generation: 5.5%

Marketing & development allocation: 1.5%

Through this tokenomics or by burning 100XCOIN holders get a reward as a result of the constant increase of the tokens value when the circulating supply has been decreased.

CONCLUSION

It is good to understand that there are two unique groups that the 100XCOIN project is focused on attracting, they are First buyers and crypto experts. 100XCOIN is interested in educating people (new investors) who have no experience in crypto trading, by exposing them to everything about crypto trading to make them better investors. On the other hand, 100XCOIN is also willing and open to welcome cryptocurrency experts who have made money in this space. This is because they can help to educate new investors and also promote the value of the token.

100XCOIN is a long-term project that is ready to survive where other cryptocurrencies have failed. It is the project of the moment and a pacesetter among altcoins. Investors should always remember that 100XCOIN has come to make a 100x impact, to take accurate 100x shots on target, and to make everything including investment profits 100x. This is an opportunity which no investor or crypto enthusiast can not afford to miss.

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WRITER’S INFORMATION

Writer: Mansonndubuisi

Bitcoin talk Username: Mandez4real

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Manson Ndubuisi

I am a crypto writer and a blockchain technology enthusiast. Here is my homepage link, https://mansonndubuisi.medium.com/