Crypto is a new currency that introduces a form of asset Digitization that allows Peer-To-Peer (P2P) Transaction processes without any centralized entities, this can be done through a Public network based on Blockchain Technology where this is a new innovation that introduces a distributed database without relying on a Centralized entities such as government or banks. Blockchain Distributed-Ledger concept allows everyone to be able to contribute to the Network and verify every transaction, Creating a new financial system that is more transparent and safe. Blockchain Technology is also resistant to double spending or other manipulations that allow errors or fraud to occur. Blockchain is the basis for various cryptocurrencies today with different use cases and one of the positive impacts is the Banking Sector where Blockchain introduces a Finance system that allows complex banking processes at banks to be carried out through the Blockchain public network and Introducing Decentralized Store-Of-Value that maintained by the public, LunaLand is one of the innovative projects out there that is trying to create a new currency that is entirely run by the community.
Blockchain?
Blockchain is a new technology innovation that introduces a transparent ecosystem where every individual can contribute and verify the various processes, Blockchain Technology creates a public network with an immutable shared distributed ledger that facilitates the process of recording transactions and tracking assets publicly without a centralized system and on eventually create a ledger of transactions that everyone can trust. Through various consensus, each Blockchain Public Network has its own advantages and one of them is a Smart-Contract that allows transaction processes to be carried out automatically. Blockchain first introduced by Satoshi Nakamoto through the first Cryptocurrency, Bitcoin which introduced a new decentralized system, Allowing Peer-To-Peer Transaction.
What is LunaLand?
LunaLand is a new ecosystem that introduces a Decentralized financial system that carries the Peer-To-Peer Concept through a Public Network based on Blockchain Technology. Their ecosystem introduces a new concept that is a solution for Inflation in various Fiat currencies through the Deflationary Concept which is implemented on the native currency used in their ecosystem. Unlike the Centralized financial system which is centered on an entity such as a government or bank, the LunaLand Ecosystem creates a new system that is fully Decentralized and a System that is fully run by the community, Creating a new, more powerful system with contributions from its users. This eliminates various shortcomings in the centralized financial system such as Monopoly or Manipulation and their Ecosystem was already doing some Internal & External Audit, Ensuring safety for it's user.
The LunaLand team designed the system with the Peer-To-Peer concept as well as being an alternative option for a strong Store-Of-Value because of the ecosystem that is run by the public, Providing better trust. Not only that, they also eliminate Mint where this will reduce the inflation rate and the Deflationary Concept which is implemented in their native currency. Their team also implemented various Exclusive features such as the Store which gives its users limited items that can only be purchased with native Currency, the Store-Of-Value concept which is fully run by the community, the regular Airdrop Program for its contributors and the Exclusive NFT Implementation for its Contributors. The LunaLand Ecosystem is designed not only as a Financial system but also as an alternative to a good asset storage option because of the Community-Driven system that is transparent and based on Blockchain Technology. For more details you can on their whitepaper here; https://www.lunaland.io/whitepaper
What is LLN Token?
LLN is the native currency that will be used in the LunaLand Ecosystem. This token is based on Blockchain Technology and is distributed via the Binance Smart Chain Public Network (BSC) which is compatible with the Smart-Contract (BEP-20) feature which allows various transaction processes to be carried out automatically and securely. This is an important part of the LunaLand Ecosystem which is the main transaction tool for various things such as Staking, Paying Services, Discount Fee, Early Access and various other Exclusive benefits. This token can also be traded or sent with other users on a Peer-To-Peer basis without the need for intermediaries, LLN is a potential Store-Of-Value because it is run by the community and the value is maintained with the Burn mechanism where partially will distributed to the LLN Holders.
Crypto Market Growth
The Crypto Market is one of the markets with good performance compared to traditional markets such as Stocks or Fiat, the Covid-19 pandemic that occurred in the last few years has provided a real example of the potential of Blockchain technology which creates a transparent and censorship-resistant ecosystem. The Crypto market itself has exceeded the $1 Trillion figure and is one of the largest sectors in the Global market today, LunaLand gets the spotlight when the market is experiencing a decline at the moment because it creates a currency that is fully run by the community, maintains its value with the Burn system and becomes a Safe Haven potential. In the chart below you can see the development of the crypto market from time to time and LunaLand is an alternative that I highly recommend at this time.
Roadmap
Conclusion
LunaLand Team created a new financial Ecosystem that is very innovative, they offer a new Cryptocurrency that is fully run by the community where everyone can contribute to the ecosystem and maintain its value. They also offer a variety of unique benefits to their users where this will increase demand from time to time. They also offering unique concept that have an great potential with healthy Tokenomics. I personally highly recommend you guys to be a part of LunaLand!
I think that's enough for now, Don't forget to follow & upvote for more content about potential new projects, I will provide some links related to the LunaLand below. Thank you very much!
Authored By Pedobear a.k.a Dhemas putra/dhemasm(Bitcointalk)
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