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.

Although 'BOMB' was the ticker assigned at the deployment of the BOMB Token's smart contract, it is also in use by another asset with a larger market presence and higher trading volume on major exchanges. To avoid confusion in the marketplace, the alternative ticker 'BOMBTOKEN' has been adopted for this token. This designation ensures that assets are distinctly identified.