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What is Boom Token?

Boom Token is a social experiment.

Full description of Boom Token

Boom Token (?) is a social experiment. Blockchain (?) gives us an opportunity to create this deflationary currency, and the deflation mechanism is fully based on smart contract. The basic rules are as below: ​ There were originally 1,000,000,000 Boom in existence. Each on-chain Boom transaction completed, 1% of the transaction amount burned. There will never be newly minted Boom.
  • Exchange symbol (?): BOOM
  • Cryptocurrency type (?): Token (?)

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 Source: NOMICS