eBOMB (POW) deflationary token on the Ethereum Classic blockchain

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eBOMB Whitepaper

eBOMB (POW) is the first deflationary token on the Ethereum Classic blockchain backed by an immutable ETC POW chain. Approximately 0.5% of tokens are sent to a burn address with each token transfer.

More info can be found in the following locations:
eBOMB contract address
Saturn Network announcement
Current Supply
Saturn Exchange

The BOMB token experiment on the Ethereum chain has gained considerable interest due to the mechanism of deflation by transactional coin burn with each transfer. Clones and clone variants have rapidly appeared; usually modified in terms of the decimal value and the burn rate. Suprisingly, until the launch of eBOMB, no variant of the smart contract has been deployed to Ethereum Classic.

eBOMB embraces the immutable nature of Ethereum Classic and the continued commitment to Proof of Work (POW) as the original and most powerful mechanism for preserving the integrity of a blockchain ledger. eBOMB therefore improves upon the original BOMB token based on the following characteristics:

## The Decentralized Airdrop Mechanism
Airdrops have suffered from distribution to recipients who rush to sell resulting in rapid accumulation by a minority who play the other side of this scenario. This results in poor coin distribution and a weak community. A steady, sustained and methodically delayed airdrop can mitigate this problem to a certain extent but is then hindered by the existence of a single address holding an unreasonably large percent of the coin supply. eBOMB proposes a Decentralized Airdrop Mechanism to ensure proper coin distribution In short, 1% of supply will be distributed to several Trusted Distribution Custodians. There is indeed an element of trust here; and they will be entrusted with the mission of airdroping half of this amount to many (~100 individuals). Legendary Genesis Custodians will be chosen based on recognition in the community for their contributions to Ethereum Classic, the Saturn Network, ETC tokens or other demonstrated acheivements relevant to the mission. They will each be sent 1% of coin supply and entrusted with the task of a slow sustained airdrop of half the amount they received. The remaining half is to keep; or sell, or donate, burn, etc.
Genesis Custodians to date:

Additional airdrops will be carried out through the use of the Saturn Protocol airdrop tool which places tokens in escrow for an address to claim in the future. This eliminates many elements of gaming the system where the same person requests tokens through many twitter accounts. Wide distribution is key.

Q4 2019: Continued airdrops to holders of various ETC tokens and crossover airdrops with new deflationary projects.
Q1 - Q2 2020: Continued airdrops and social media awareness campains. Engagement with Saturn Network DEX community.