Offering has $5k initial marketcap. %50 of the tokens have been moved to uniswap for sale, %6.5 is the team's fund and %43.5 is allocated for staking rewards and listing purposes in the near future.
Flamanet has determined %3 burn rate as it is the most ideal option to increase the market’s demand to the token while reducing the total supply with every tx that is being made on chain.
Devs are developing onchain apps as we speak, staking comes in month or so. The price is currently around 1 cent, so it's still reaaaaally early, hop in!
Official Telegram channel: @Flamaannouncement Official group talk: @flamatoken
One of the coders who work for PredictionCoins (another project by the devs) and helped in making the website
>B-But they used template pics and low quality images in the website reeeeeeeeee
Yes, the website still gives the right information, which what is important.
Pretty low iq fud from yesterday
Grayson Nelson
Buying every dip
Levi Campbell
Isn't there some big news tomorrow?
Jason Rivera
Fudders are gone, this is the real shit
Jose Evans
Yup, perfect time to buy
Grayson Hernandez
Sell every dip You are obviously a noob
Adrian Wright
Here's a more detailed post by the devs himself about the project on bitcointalk, anons
Introduction: Blockchain technology is changing. Defi is evolving. bockchain technology is changing the world. Over the past decade, the world finance system has proven how convenient and secure is blockchain. The Ethereum network has played and still is playing a significant role in Blockchain finance evolution. With thousand of projects out there, each of them solve a different problem of the finance system. Decentralize Finance Defi has proven to play an essential role in this regard and deflationary projects will improve this. USA Government is printing money without control. This should end. What is FLAMA (FMA) Token? FLAMA (FMA) is a deflationary token with a 3% burn rate. Every time a user makes a transaction, 3% of the FMA sent is designated to the burn wallet address and is permanently destroyed (known as burning). Effectively this means that the total supply of FMA token is decreasing with every transaction confirmed by the Ethereum network. FLAMA token markets itself as the first deflationary token ready to be integrated with Smart Decentralized Applications (DApps). While it is true that deflationary tokens are by all means not a new concept, generally speaking, they are lacking in use cases and do not have a roadmap that focuses on providing a sustainable ecosystem for their token to thrive in - this is the problem FLAMA token is aiming to solve with a new feature they call Flamanet. Flama soon will implement Staking.
Flamanet will bridge the gap between deflationary tokens and DApps by providing various developer tools such a NodeJS integration. A NodeJS integration will allow FMA token to be easily integrated into various on chain applications. As more on chain apps are released that interact with FLAMA, the ecosystem will grow alongside the token's usability and allow the community to explore more innovations and use cases.
God damn, they just keep making these announcements. Bullish as fuck on this one.
Zachary Hughes
x1000 i love it
Carter Roberts
Remember this day before coin hits 10$ and get listed in binance
Samuel Powell
go to the mooon
Dominic Murphy
Give me some flama to snuff pleeeeeeease
Brayden Moore
:DDDDDDDD no chance :DDDD
Brody Mitchell
Still 100x, at the very least imo
Mason Myers
10000% chance
Jace Sanchez
Burn tokens not possible on binance. But that doesn't mean it won't go at least 100x
Hudson Torres
Another mini-whale dumped. Time to scoop up some more. This shit is so easy
Owen Baker
BUYING MOREEEEEE NOOOOOWWW
Lincoln Martin
10000% of my bags are flama
Hudson Hughes
to the moon with flama
Brayden Harris
burn burn flamaa
Lucas Russell
KEK clearly blessing this thread. x100 guaranteed.
Daniel Morris
when idex
Nathaniel Powell
idex doesn't work with deflationary tokens bro, this is uniswap gem
Easton Wright
My main concern is that this is a bit illiquid at the moment, but truly feel FLAMA will suddenly become a “gem” in this community not long from now.
Anthony Perry
I think it has the same amount of liquidity STA had at those levels (I had a big bag and remember the slippage was pretty high already at 1c), but I'd prefer a bit more, yes.
I pooled 1 eth there, everyone should do it, try like 1% of your stack.
