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What is DYNMT
Dynamite Token is a deflationary currency with a burn rate of 2% and an initial supply of 900,000.
It was introduced as an academic study into deflationary currencies and to research the impact of decreasing supply against increased demand.
DYNMT has been listed on 9 key exchanges and recently launched the workforcrypto.org platform, creating the first real use case for a deflationary currency.
This platform will go live in August 2020 and enables people to recruit talent and get paid for their work in crypto, with special rates and commission-free bonuses available for selecting to be paid in DYNMT.
Key features and highlights
DYNMT launched in June 2019 without an ICO / IEO and at a cost of $0.04 per token. As a result of their internal marketing efforts, the project built up a community of over 40,000 members and DYNMT token price increased to over $1, leading them to officially become the number one deflationary currency with the highest market cap and trading volume.
Within the first 6 months of trading the team completed 2 airdrops and were listed on DDEX, Mercatox, BigONE, Bilaxy, Play Royal, Bithumb Global, P2PB2B, SWFT and BCNEX.
The team believe they are unique thanks to the 2% burn rate and low circulating supply (circa 330,000), because they listen to their community and because they are transparent with them.
DYNMT just has launched DYNMT Angel's incentive scheme which provides top investors and supporters with exclusive offers and early access to information, involving them in the decision-making process.
Token status and distribution
initial supply: 900,000 DYNMT