Claymore Token: The solution to inflation. – Takarudana Mapendembe

Claymore Token: The solution to inflation. – Takarudana Mapendembe

Fiat currencies would never gain popularity, acceptance, user cases, let alone mainstream adoption, had they been invented after deflationary trust-less cryptocurrencies like Claymore Token (CLM). This is because fiat money is minted, controlled and manipulated by trusted central organisations and institutions, for example, banks and governments.

The Great Inflation of 1965 to 1982 was caused by the United States of America (USA)’s Federal Reserve policies that allowed for an excessive growth in the supply of money. It resulted in the destruction of the Bretton Woods system of fixed exchange rates. Furthermore, it bankrupted much of thrift industry, heavily taxed U.S. capital stock, and arbitrarily redistributed income and wealth.

Hitherto, many countries worldwide including Zimbabwe and Venezuela are reeling under the bedeviling scourge of inflation and unemployment. This shows that there is a need for a trust-less decentralized deflationary currency. That’s where Claymore Token comes in.

Claymore Token (CLM)is a peer to peer cryptocurency with a 2% deflation burn. This means that if I send you 100 Claymore Tokens, you receive 98 and 2 of them are burned to ashes and they never exist any more. Thus 2% wiped out from existence. If I send you ten CLM tokens, you will receive 9.8 CLM. If I send you 1 CLM, you will receive 0.98 CLM. If I send you 0.1 CLM, you will receive 0.098 CLM. If I send you 0.00001 CLM, you will receive 0.0000098 CLM. All this is possible because Claymore Token has got 18 decimals.

The initial supply is 50,000,000 CLM and as I am writing this article, the current supply is 29,851,221.7 CLM. So far, 40.3% of the initial total supply has been burned and it no longer exists. The total number of tokens burned so far is 20,148,778.3 CLM.

Before the project launch, there had been plans to do round two airdrop, but in positive response to investor and community requests, petitions and demands, all airdrops were cancelled and about 8.5 million CLM tokens were burned two days ago.

The smoke from the burning tokens suffocated all airdrop-hunters to death. This is evidenced not only by the disappearance of CLM dumpers on the exchanges, but more so, by the absence of questions and statements like: “When distribution for airdrop?”; “But till waiting for airdrop.”; “Why drop you my friend I referred not airdrop me?”; “Haven’t receive yet.”; “Is airdrop till active why ended?”; “Me token not wallet my yet.”

Please, stop laughing. This shows a gap. We need translators and CLM telegram channels in various languages. Claymore token website, whitepaper and roadmap need to be translated into various languages as well. Thank you very much Claymore Token for turning the still surviving airdrop-hunters into competitive and productive people.

Besides being a deflationary, trust-less decentralized cryptocurrency, Claymore Token is a store of value, a peer to peer currency, and will soon be a goods and services payment currency, and a currency for use in Claymore Dapps coming soon.

Claymore Token have got a website. It is https://claymoretoken.com/ . They also have a telegram chat group and you can join them here https://t.me/claymoretokencom . Get detailed information and a weekly project update from their Medium blog on https://medium.com/@claymoretoken . They are also on BitcoinTalk and the link is https://bitcointalk.org/index.php?topic=5156348 . Get latest information and news about Claymore Token by following them on twitter here https://twitter.com/claymoretoken .

Currently, Claymore Token (CLM) is listed on the following exchanges: Coinexchange (1) https://www.coinexchange.io/market/CLM/BTC (2) https://www.coinexchange.io/market/CLM/ETH ; DDEX https://ddex.io/trade/CLM-WETH ; Forkdelta https://forkdelta.app//#!/trade/0x0ed8343dfdee32e38b4c4ce15a3b00a59e90f3db-ETH .

In less than five days to come they CLM will be listed on Mercatox. On their website, Binance is listed as one of their upcoming exchanges. I strongly believe that this will happen sooner than the majority of the community anticipate and it will happen as a surprise that might shock the whole deflationary cryptocurrency community.

In addition to this, Claymore Token (CLM) has got a whitepaper. The link to it is on their website. I encourage you to download it, read it and fully understand it. In it is the roadmap as well.

The most successful investors in the whole world, for example, Mr Warren Buffet, know, look at, study and communicate directly with the business leaders, workers and the whole team before they make investment decisions. You should do that as well. I do it.

Claymore Token has got a known team which engage with the community day and night through telegram, Facebook, twitter, meetups and various other means and ways convenient to them and the community.

The CEO is John Keats. Oluwasegun Faluyi is the strategy and business development leader. Michael Collier is the marketing and outreach advisor. Michael Audet is the community manager and Youtube promoter. Cris Antoniou (the man who sleeps only 4 hours per day) is the community manager and telegram support lead. All these people are very good, happy and helpful people we communicate with day and night.

There are so many deflationary cryptocurrencies sprouting out everyday and some of them are experimental and many of them never disclose the team behind them. Claymore Token (CLM) is the number one solution to inflation.

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Published at Fri, 05 Jul 2019 20:55:07 +0000