INTRODUCTION

The digital economy is developing very fast. Thus, in 2012, the total amount of cryptocurrency assets in developed countries amounted to 4.2 trillion us dollars. Virtual currencies are becoming more and more popular payment instrument every day, and soon they will be used to meet a number of economic needs, including the provision of loans. According to experts, in 2020, the total amount of cryptocurrency assets could reach $ 13.6 trillion.

At the moment, there is a huge number of cryptocurrencies in the world, each of which has a high security. But, despite this, in most countries of the world operations on exchange of Fiat funds for virtual currencies cause some difficulties for people. This is due to the fact that at the moment all such operations are carried out through centralized crypto-currency trading platforms that operate without a license and state regulation. In this regard, most of the exchange of Fiat currency for digital assets is associated with risks. Moreover, each trading platform can independently manipulate the price of virtual currencies in order to maximize profits.

Another significant problem of modern virtual currencies is the lack of a decentralized service that allows you to take a loan in Fiat funds secured by cryptocurrency, especially if you need to get a loan in large volume.

The new LunaLand project will change the situation and provide an opportunity for decentralized exchange of virtual currencies for Fiat.

About the project

LunaLand

LunaLand.io is clearly a cryptocurrency project that has a peer to peer digital currency with a value store and also a finite supply. LunaLans aims to consolidate on the successful imprint already put in place by existing cryptocurrencies. The native token of LunaLand is $LLN which has a stored value which can be used to carry out transactions. The unique thing about LLN coin is that its supply continues to decrease as time goes on. $LLN is a BEP20 coin found on the Binance Smart Chain. It has a burn function with no form of minting. The initial supply is 1 Trillion LLN token but there is a target supply of 400 Million LLN. LunaLand Token, LLN, integrates a hyper deflationary token model. It is expected that this model will help to drive up the price of the token with increasing demand.

LunaLand Token Burn

One of the stand out feature of LunaLand Token, LLN is that its supply is finite. There will be a burning cycle and it is expected that 99.96% of the tokens are burnt. The burning process is manual and will be carried out by the team. The burning cycles will be done weekly, which means that for every week, an increasing amount of coins is burnt. As adoption of the coin increases with a resultant increase in supply, a random burn is carried out to reduce the number of coins. Also, as the number of coin holders increases, so also is the number of coin that will be burnt. That is, for every increase in holders, there is a resultant increase in burning which means that out of the 100%, about 90% is burned and the remaining 10% I redistributed to holders. Holders of the $LLN token and the community in general will be kept abreast as regards the burning cycles.

LunaLand Community

LunaLand is a community oriented project, that is a project that prioritizes the interests of its growing community. A lot of incentives have been initiated to reward early birds and those who adopt the project from the onset. Once you are an early investor, you get the chunk of these rewards. Also, there will be regular airdrop to reward holders of the token. Another mechanism put in place to reward the community is "Easter Eggs" a scheme designed to reward holders of LLN.More details about it will be made known as the project develops. Easter eggs is like an umbrella Name for the numerous reward initiatives by LunaLand.

CONCLUSION

Unlike other cryptocurrency trading platforms, LunaLand functions as a decentralized and multi-exchange platform that offers tools and features to facilitate traders to better manage their orders and earn profits. Given that the crypto market is witnessing strong market ups and downs and speculators exploit customer orders to cause market movements, LunaLand has created a technologically advanced infrastructure that helps traders manage their orders. You can also learn more about LunaLand and the team through any of the media below. :

FOR INFORMATION :

➡️WEBSITE: https://www.lunaland.io/
➡️ANN THREAD: https://bitcointalk.org/index.php?topic=5346079.0
➡️TWITTER: http://twitter.com/IoLunaland
➡️TELEGRAM: https://t.me/lunalandio
➡️DISCORD: https://discord.gg/RGM769PB
➡️REDDIT: https://www.reddit.com/r/Lunaland/
➡️YOUTUBE: https://www.youtube.com/channel/UCPfFZksXwohPMzE7OyZiKRg
➡️INSTAGRAM: http://instagram.com/lunaland.io

► Author:

Bitcointalk username: minstan
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2602172
BSC wallet: 0x72F8ba82B094025CF179995cEf5eC2CF6537F59e