What is Embiggen?
Meet Embiggen (MBGN) - an ERC20 token that grows in your wallet! MBGN has a 10% annual inflation rate, compounded hourly. But unlike fiat currency, where new currency is issued to the banks, or traditional cryptocurrencies, where new currency is issued to miners, new MBGN is issued directly to wallets holding MBGN.
Embiggen embiggens itself!
Many cryptocurrencies and tokens have some mechanic to increase supply of the currency. For coins like Bitcoin and Ether, increases in supply are sent to miners. Some ERC20 tokens allow their creator to mint new tokens. Other ERC20 tokens empower users to create new tokens by collateralizing other assets.
Embiggen offers a way to introduce new currency by providing it to all MBGN holders at once, proportionally to the amount of MBGN they hold. You can think of it like a stock split; the total supply of the token is increased while each holder's share of the pie stays the same size.
How do I get some?
If you want Embiggen, we've got some bad news: The Embiggen Airdrop has ended! We originally created it to test our network at scale, and thanks to an amazing response, we have successfully done so! But fear not, there are still ways to get Embiggen if you want it. For example, if you know someone with Embiggen, you could convince them to send you a small amount (which will then start growing!), or, if you make a contribution to our open source projects, we might provide it as a reward. And if you're not a developer, that's no problem. There are a lot of ways you can contribute, so find us on Github and ask how you can help!