I don't see how a non-inflated tip would decrease latex rubbing against other latex. If anything it is increased. Take a non-inflated plastic balloon and rub it against your hand => plastic rubbing plastic. Now take an inflated balloon and rub it against your hand => no plastic touching other plastic.

> to minimize chances of folds/wrinkles

Have you used a condom? The chance of lots folds/wrinkles during usage is pretty much 100%.