'Hyper-deflationary' network launches mainnet amid rising inflation
The AXIA native cryptocurrency becomes scarce as the activity or participation on the network increases. AXIA, the team behind the novel message-to-earn approach of AXChat, announced the mainnet launch of its blockchain and native currency on Thursday. The new network is designed to provide a "hyper-deflationary" economic model in which the cryptocurrency becomes more and more scarce as its adoption grows. According to its website, the AXIA blockchain is a third-generation blockchain that attempts to address problems like the lack of interoperability, speed and accessibility.The AXIA....
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Like most coins, HYPER is a scrypt coin. Unlike many coins, they have a SPACE MMO in the works, similar to Voidspace. Today I’m here with the developer of HYPER discussing the views and direction that HYPER is headed, with potential followup articles in the future. Essentially, HYPER is a low energy cryptocurrency designed for use in online games, MMOs, virtual worlds and more. The currency is currently used in Counter-Strike, Minecraft, and Zandagort – a space-based strategy MMO game server we are running where an in-game free market trading platform for HYPER is being currently....
A reversal in interest rates shows that markets are pricing in lower inflation expectations and a rising probability of a deflationary market on the horizon.
During the last few months, inflation has risen significantly in the United States as it has climbed at its fastest pace since 1982. Data shows younger families with children have been struggling to make ends meet, while reports further indicate retirees and older folks with fixed incomes are feeling the brunt of rising inflation. After the Biden administration blamed Vladimir Putin for America’s inflationary pressures last week, reports now say Biden has discovered another infractor, as he claims shipping prices have fueled sky-high prices across the country.
Biden....
According to recent press-release the first HYPER Minecraft Server is now in open beta. Server Chaos is Moocrafts custom written HYPER RPG mod of Minecraft that should enable players to build their own empire and earn HYPER. Previously we have already written that HYPER has set up a Counterstrike server allowing players to earn HYPER for in-game activities too. Also HYPER has resurrected the cult MMO space strategy game Zandagort. It also plans to add an in-game galactic HYPER exchange and implement a galactic securities exchange. The HYPER Minecraft server Chaos will allow players to....
The project has adopted a deflationary tokenomic model to ensure network sustainability. A new blockchain project called Archethic has become the first project to burn 90% of their total token supply — within just 6 months of launch of their Mainnet Beta. The unprecedented mass burn of the $UCO token is a decision made in order to ensure the long-term sustainability of the project, based on the analysis of simulations comparing the circulating supply of their token to the future fully diluted supply. The simulation found a divergence from market standards which was affecting....