What is Dynamite Token?
Dynamite Token (DYNMT) is a deflationary token with a % burn rate. This means that, for every 100 tokens transferred, 2 are destroyed forever.
DYNMT was created in July 2019 with a low supply of 900,000 tokens. The idea is that decreasing supply will help to drive demand. In the first year it was listed on 9 key exchanges including Bithumb Global, Hotbit, Mercatox, Bilaxy, SWFT and more. It has attracted over 20,000 Twitter followers and 16,000 Telegram followers.
What also makes this token unique is that it is a community-based token with no funding. It did not run an ICO / IEO and 60% of all tokens will be given to the community for free through airdops, competitions, and use cases etc. All decisions are also made in collaboration with the community.
It is an exciting time for DNYMT as it has just launched its first ever use case, Crypto Critique.
What is Crypto Critique?
Crypto Critique is a unique and exciting new platform built entirely by the Dynamite Token team. It is a review site that was created to provide a use case for DYNMT and will benefit its community and the wider Crypto world. It is a great opportunity for the community to share its views all in one place. Every critique is checked prior to submission to ensure it does not contain spam which will ensure it containts only high quality reviews.
How it Works
Users can share and rate reviews of crypto-related ICOs, exchanges and cryptocurrencies etc for the change to earn DP (Dynamite Points) that can then be traded for DYNMT. Users receive DPs for completing a variety of tasks including registering, updating their profile, and rating and writing reviews. It is designed to be inclusive and to help others to learn about crypto through an easy-to-use platform.
Crypto Critique is in Alpha stage which means that it will continue to be developed and evolve over the coming months. Together with its community, the Dynamite Token team aim to create the number one crypto review site. It is 100% free so be sure to use it, spread the word, and get rewarded for your contribution!