LUNALAND : A DIGITAL CURRENCY THAT UTILISES THE POWER OF BLOCKCHAIN TO BRING TRANSPARENCY AND SECURITY TO ITS USERS.

in blockchain •  3 years ago 

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INTRODUCTION :

Another outstanding development has been made as the world enjoys the use of digital currency which is described as a form of currency that is available only in the electronic form, and not in physical form. It can also be called digital money, electronic money, electronic currency, or cyber cash.
They are only accessible with computers or mobile phones because they exist in electronic form and as such requires no form of intermediaries. Indeed, antithesis fiat currency. They are often seen as the cheapest method to trade currencies. Stable in nature, low cost and usually instantaneous are its major characteristics.

Most interesting to note is that digital currency-based electronic transactions accommodate necessary record keeping and transparent methods of transactions that are rare to get within the traditional system.
Finally,considering what one stands to gain while using lunaland, it therefore becomes expedient that everyone enjoys the dividend of a digital currency for transparent and genuine transactions both locally and globally.

LUNALAND: A HIGH -PROOF SECURITY ASSET THAT FIGHTS INFLATION.

LUNALAND (LLN) is a peer-to-peer digital currency and store of value that offers protection from real-world inflation as the World goes on a money printing fling.
As an asset, it is considered a reliable store of value which means that Its value either increases or stays stable over a long period of time and as such needs to have its intrinsic value derived from a practical utility so that the owner can sell the asset for a similar or higher value than the price at which it was initially bought .This particular property value may be based on liquidity with no-tax trading and that is why early adopters are putting 100% back on investment pools

LUNALAND AMAZING CONTRACT FEATURES INCLUDE THE FOLLOWING :

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  • HYPER-DEFLATION :
    Hyper-deflation is seen as an extremely large and relatively quick level of deflation which occurs when the purchasing power of currency rises drastically in a relatively short period of time. Therefore, LUNALAND under hyper-deflation will burn the coin supply rate of 99.96% until 1 Trillion coins reduces resulting in upward price velocity.
  • MANUAL BURNS AND EARN
    LUNALAND is accessible to all with excellent return potential. This is because several mechanisms will reward early adopters and holders. Regular burn cycles to reduce supply by 99.96% from 1 trillion to 400 million coins.
  • ENCOURAGING TRADING:
    Lunaland Encourages trading and liquidity by rewarding early adopters and putting a minimum of 50% back into liquidity pools. No tax on trading to facilitate liquidity, and coin rewards to holders.
  • REWARD HOLDERS :
    Lunaland rewards holders handsomely. It controls burns, yet does not penalize buyers/sellers via a tax.
  • TARGET SUPPLY :
    The distance from the earth to the moon is 400,000,000 meters.
    LunaLand’s target supply is 400,000,000 coins.
  • LOW PRICE ENTRY:
    A supply of 1 trillion coins is intended to provide a low entry price and reward holders with unlimited upside potential.
    LUNALAND TOKEN.

Lunaland is a BEP-20 token built on the Binance Smart Chain (BSC) with an initial supply of 1 Trillion coins. It is a hyper-deflationary coin with a burn function that will burn supply until a total of 400 Million coins remain – 1 Lunar distance in meters. The burn function will be utilised until 99.96% of all coin supply is burned. With a finite, deflationary supply, the aim is to put a price floor on the coin and reward early adopters and token holders over a period of time.
REASONS WHY BEP-20 IS PREFERRED OVER OTHER NETWORKS.

LOW TRANSACTION COSTS :

The current cost of transferring $1,000,000 worth of LunaLand tokens is $0.05 while on the Ethereum network, it may be higher than expected.

HIGH-SPEED BLOCK CREATION:

In recent tests when distributing LunaLand tokens to our investors, we found sending large amounts of LunaLand did not take more than 8 seconds to reach the buyer. Again, using Ethereum as an example, blocks can take several minutes or sometimes up to an hour to create, depending on network congestion.

MINING ON THE NETWORK IS MORE CONVENIENT AND ENVIRONMENTALLY FRIENDLY:

Bitcoin and Ethereum currently use a proof-of-work (PoW) algorithm to solve complex mathematical problems and form a consensus to verify a block. The Binance
Smartchain networks use the Proof of Staked Authority (PoSA) mechanism. It is a hybrid between Proof of Authority (PoA) and Delegated Proof of Stake (DPoS).

ABILITY TO UTILIZE PANCAKES WAP AS A FIRST EXCHANGE:

Using a BEP-20 token means we can immediately utilize the Pancakeswap exchange and list LunaLand on an exchange immediately after the presale comes to an end.

TOKENOMICS :

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NAME : LunaLand
SYMBOL: LLN
DECIMAL: 18
CONTACT ADDRESS: 0x6020371b0e8a2fc259a6b111d178bba9c966a4a4
INITIAL SUPPLY: 1 Trillion
TARGET LAUNCH SUPPLY: 400 Million
BURN FUNCTION: Yes
MINT FUNCTION: No
NETWORK: BSC Mainnet – BEP20
Liquidity Pool: 50% of the amount raised as a minimum. Likely to be 100%, allowing for deductions for marketing and operational expenses.

ROADMAP

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CONCLUSION:

It will be interesting to note that all cryptocurrencies are digital currency.
That is why they are stable and are traded within the markets. As payments in digital currencies are made directly between the transacting parties without the need of any intermediaries, it offers its holders the opportunity to trust the system because it is genuine and reliable.
Therefore Lunaland, known as a peer-to-peer pure digital currency and store of value has come to curb inflation and since it is recognised as a cryptocurrency leader in terms of adoption, facilitates its uses and value as a medium of exchange globally.

USEFUL LINK:

Website: https://www.lunaland.io/
Whitepaper: https://www.lunaland.io/whitepaper
Twitter: http://twitter.com/IoLunaland
Telegram: https://t.me/lunalandio
Reddit: https://www.reddit.com/r/Lunaland/
Instagram: http://instagram.com/lunaland.io

AUTHOR

Forum Username: delima01
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2745920
BEP-20 Wallet Address: 0xB71956D4398f40516FDf5CBF69286Cd99edAB25B

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