BoomPrice

(BOOM)

Boom is an AI-powered data incentive layer that evolved from its origins as GamerBoom to encompass SocialFi and Real-World Assets (RWA). It acts as a bridge, transforming off-chain activities, such as gaming achievements and social interactions, into on-chain value. Backed by major technology and industry leaders, the project focuses on monetizing user data through AI analysis. By participating in the ecosystem, users contribute valuable data points and receive incentives, creating a decentralized data layer that rewards engagement across various digital platforms.

The AI Data Incentive Layer utilizes artificial intelligence to analyze user-generated data from gaming and social interactions. Users are rewarded with BOOM tokens for providing this data, which the platform then processes to create value within the ecosystem. This model allows users to monetize their digital footprint. Additionally, the ecosystem introduces a dual-token structure where BOOM serves as the governance token, while tokens like BOOL are utilized for specific utility and gaming functions, ensuring a balanced economy for both data contributors and active gamers.

The BOOM token serves multiple roles. Primarily, it functions as a governance token, allowing holders to participate in platform decision-making. It is also used as a payment currency for acquiring in-app assets and as the primary reward for users sharing their data. Furthermore, in the broader ecosystem, it works alongside utility tokens like BOOL to facilitate gaming transactions and social rewards. The tokenomics are designed with a fixed maximum supply, often involving specific unlock schedules to manage the distribution and long-term sustainability of the platform.

Boom Up is a popular GameFi project operating as a Telegram mini-app on the TON network. It leverages "tap-to-earn" mechanics where users engage in gameplay to accumulate game points. These points are designed to be converted into BOOM tokens during specific airdrop events. Players typically link decentralized wallets compatible with the TON ecosystem to claim their rewards. It is highly popular among mobile gamers looking for easy entry into the crypto space through familiar social messaging interfaces.

This occurs within a specific deflationary "social experiment" version of Boom, typically found on the Ethereum blockchain. This project utilizes a 1% burn mechanism applied to every transaction. Consequently, whenever tokens are transferred, 1% of the transaction amount is permanently removed from the supply. This can result in users receiving fewer tokens than initially sent. The project aims to test how extreme deflationary pressure impacts token scarcity over a long-term period, distinguishing it from the AI or gaming-focused Boom projects.

BOOM tokens can be traded on reputable global cryptocurrency exchanges like LBank. Given that several projects share the "Boom" name across different blockchains—including BNB Chain, Ethereum, and TON—it is crucial for users to verify the specific contract address and the project's official website before engaging in transactions. By using a secure platform like LBank, traders can access the correct markets and avoid potential phishing sites or fraudulent tokens that often mimic popular projects during high-activity periods like airdrops.