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.
FLO is a scrypt based coin with quick transaction processing that introduces a useful new feature called 'transaction comments'. These transaction comments enable FLO to facilitate a number of unique applications and enhancements within the blockchain.