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.
Zelcash is a cryptocurrency that holds a central role in the Zel Ecosystem. It gives the incentive for ZelNode ownership to enable the creation of ZelDex and the ZelDev Platform, enabling us to create a truly decentralized development platform.