Lucky Dragon is a meme token with community incentives and tax model

in luckydragon •  2 years ago 

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What is $LUCKY?

$LUCKY is a meme token with a unique community incentive and tax model - including our daily "777 lottery". With today's market, people still crave actual meme coins.

  • Experienced team
    Our $LUCKY team consists of 10+ members, some of whom contribute to projects with a market cap of 8-9 across various chains. Most of the experience comes from ETH and BSC.

  • Marketing Connection
    $LUCKY is connected to multiple marketing branches via multiple platforms. We will carry out our marketing in stages, and with the support of investors we will grow.

  • Unique Community Events
    Our focus is on building, so our community is one of our top priorities. We will be holding an EZ Baccarat competition + unique raffle every 777 minutes.

BUY TAX TOKENOMICS

  • 4% Marketing and Buyback
    Funds will be used accordingly, with a focus on utility development and repurchases. The value of the tax will be lowered in the future in relation to project performance.

  • 1% Developer Fee
    To help introduce new features and maintain a bug-free platform, we have to make sure our developers get paid. Our projects are long term, and require maintenance.

Notes

The value of this purchase tax will remain locked and will not exceed 5%. We will see this decline further once certain milestones are reached.

SELLING TAX TOKENOMICS

  • 4% Marketing and Development
    Funds will be used as appropriate, with a focus on utility development. Too often, projects waste their funds on call groups to no avail.

  • 5-20% ETH Reflection
    To help sustain the project and reward early investors, $LUCKY has implemented a unique mechanism - a high ethereum reflection tax that will reduce over time. Please read more information on the next page.

  • 1% Developer Fee
    To help introduce new features and maintain a bug-free platform, we have to make sure our developers get paid. Our projects are long term, and require maintenance.

TAX TYPE

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After launch, the countdown begins. The 5% Standard Tax remains constant for both purchases and sales, but the variable is the ETH Reflection tax. This sales tax starts at 20%, and is deducted in 5 day intervals in the chart above.

The first 5 days, the sales tax will be 25% (which is broken down into 5% Standard Tax + 20% ETH Reflection Tax). On the 6th day, this value will be reduced to 20% -- on the 11th day to 15%, from 10% on the 16th day, and so on. (see chart above)

This tax model will provide an incentive to withhold, which also helps protect the project from the high volatility caused by a larger wallet.

ROADMAP

Phase 1

  • Launch TG Group
  • Social Media Development
  • Contest ~777 $LUCKY Holder
  • Start Early Marketing Campaign

Phase 2

  • Introducing the Layer 2 utility.
  • Release the first Utility.
  • Register at CG and CMC
  • Trends on Multiple Platforms

Phase 3

  • Multiple audits including InterFi
  • Partnership schedule.
  • Massive gifts at ~7777 holders
  • Add Layer 2 of the utility.

Phase 4

  • Introducing Layer 3 of the utility.
  • Enhance Brand Identity
  • Centralized Exchange List
  • Bridge to another chain.

For more information

Username: ciung_lee
Profile : https://bitcointalk.org/index.php?action=profile;u=2712533
Wallet : 0xbbf45879ACDe58E653BdF0422e873Ebf03aDc491

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