LunaChow is an ERC-20 token built on the Ethereum network, the world’s largest
decentralized smart contract ecosystem and designed to have an aggressive burn structure. It is a
decentralized digital currency and De-Fi project, with inflation resisting measures, that can be used
as a medium of exchange or to facilitate a trade. In-depth collaboration with the LunaChow
community ensures a 100% community-driven development schedule. All LunaChow tokens sold
goes through a public sale process, maximizing stakeholder equity. Thus, with the support of the
power of Ethereum and the LunaChow community, users and holders of LunaChow are able to
carry out transactions in the network’s native token and also benefit in the long run. LunaChow
revolutionizes blockchain tokenomics as there is 100% fairness, no team allocation or private sale
and 99.9% of the initial total supply is burned immediately after deployment. It’s one of its kind
in the pursuit of such an aggressive approach.
The awareness of crypto tickled the minds of the public in 2017, however, there has been
a much increased interest in cryptocurrency the past six months of 2021 as the promise of financial
freedom and growth presented by the proper functionality of blockchain technology is greatly
desired by many. Speaking of disappointments, however, there have been certain distasteful
experiences gained by many individuals in the hands of heinous tokens thus discouraging them
from any involvement in the crypto-world. Various blockchain projects include Bitcoin, Ethereum,
Bitcoin cash, Litecoin and the likes but be it functional or less functional, there are certain
challenges identified with cryptocurrency such as difficulties in understanding and interfacing with
the often-complicated blockchain technology, lack of a UI update over the years which in turn
brings about a frustrating sales experience for the public, unexpected high network fees when sending and receiving cryptocurrency which could lead to a huge loss on the part of the user after
making certain transactions.
Besides these discouraging challenges, there is also the longstanding issue of users turning
victims of crypto-scams. These numerous scams and dubious schemes have cost both new and
experienced users a lot emotionally and financially especially situations whereby few benefit at
the expense of many. Nevertheless, unfair launches whereby large portions of new crypto projects
are offered to private entities instead of the general public who are at a disadvantaged position
financially, only still limits financial inclusion and benefits few at the expense of many. It is more
like a pointless merry-go-round rather than everyone dipping in the pot. Hence, to prevent the nowperceived insinuation that investing or getting involved in crypto business is unreliable, users must
be protected from these negative aspects of the crypto world. This is where LunaChow comes in,
introducing a fair launch, community driven governance and an entire system based on
transparency, commitment and most of all integrity by redeeming the entire Dogecoin family.
The growing Dogecoin family represents the dawn of a new era in crypto in which
upcoming projects can fuse together for the good of the entire public. Having watched the growing
Dogecoin family closely, the creators of LunaChow realized something had to be done to ensure
that this growing network of tokens maintained the robust integrity that remains so crucial to the
crypto industry. LunaChow’s core values of transparency, collaboration and commitment deliver
unprecedented integrity to the growing Dogecoin family as the Dogecoin network cannot support
mass adoption and will most likely buckle under the weight of billions of people using it as a
payment network. LunaChow offers cryptocurrency fairness, global applicability and adoption
through partnership with existing industry payment providers such that it represents integrity and
fairness at its best.
LunaChow is the first cryptocurrency built not only for the masses but by the masses. It is
named after the lovable and friendly dog breed of Northern China, Chow Chow. The Chow Chow
is sturdily built, square in profile, with a broad skull and small, triangular, erect ears with rounded
tips. They are versatile, have a robust nature and are incredibly affectionate, loyal, and friendly
with other dogs. These characteristics have aided the breed in maintaining a soft spot in its
homeland, serving as one of the most popular breeds of dogs. As one of the cleanest breeds in the
canine family, it was chosen to represent perfectly the project goals of LunaChow. The Ethereum
network was also chosen as the blockchain of choice due to the longevity of the network and one
billion tokens was sent to the Ethereum founder, Vitalik Buterin as a gesture of good faith and
with the understanding that he is capable to allocate these tokens how and when he sees fit.
In particular, by partnering with existing payment providers, LunaChow empowers users
with both ultra-low transaction fees and the security of the world's second-largest crypto.
LunaChow's emerging partnerships enable network users to make payments in advance, enjoy
payment finality and near-instant transaction speed. This lighting fast payment method allows
individuals to use LunaChow as a day-to-day payment system rather than dealing with long wait
periods for transactions to be delivered. With the way LunaChow is configured, it goes against the
common popular method of allocating several portions of tokens to private sale investors. In this
way, LunaChow takes away the concentration of financial interest from the hands of the few and
places it in the hands of the community. The public sale price stands as the price with which all
LunaChow investors pay. This reinforces LunaChow as a first-choice token for the people and
places it at the forefront of the crypto market.
Boasting a for-the-people approach to crypto, LunaChow is the first of its kind token
revolutionizing the way crypto is created, launched and transacted. Unlike other tokens,
LunaChow relies on its robust and passionate community to create and deploy its development
schedule. As proof positive of the token’s core values of transparency, collaboration and
commitment, LunaChow embraces a public sale process. LunaChow supports 100% fairness and
maximizing stakeholder equity by opting out of private sales and team allocations while giving
more investors an easy entry point into the crypto space. While its community-based approach to
crypto is one driving feature of LunaChow’s tokenomics, another is its burn structure. The token
is inspired by Shiba Inu and Dogecoin, which boast aggressive burn structures. LunaChow follows
in the tradition of these crypto forebearers in the burning of tokens.
After extensive analysis of burn structures in the crypto ecosystems today, LunaChow
developers set their sights on a revolutionary burn structure that will lead to immediate gains for
investors. The protocol burns 99.9% of all LunaChow tokens on launch, immediately rewarding
investors with an elevated token value. This bump in value benefits investors by increasing the
floor value of LunaChow and potentially avoiding market uncertainties that come with slower burn
structures supported by other protocols. In further support of the protocol’s commitment to
community, LunaChow has also laid out its charitable vision for benefitting those living in some
of the world’s most under-resourced communities. Leveraging a community governance approach,
the LunaChow community will allocate a portion of token sale proceeds to social good, specifically
focusing on financial inclusion and education for marginalized children in the developing world.
By giving these youth access to greater financial resources and education, the LunaChow
community believes it will help plant the seeds for future financial success.
As the world stands at the crossroads of old-world crypto and new-world possibilities,
LunaChow is leading the charge in forging ahead and shaping the future of the crypto ecosystem.
Its revolutionary community-based approach to protocol development and launch, aggressive burn structure and the ease in which individuals can enter the crypto space with its token position makes
LunaChow the people’s token, a token of the future and a trailblazer that others will surely emulate.
For more information, kindly visit the links below:
Website:
https://www.lunachow.com/
WhitePaper:
https://www.lunachow.com/
Bounty0x Username: Johnson01
Note:
A sponsored article written for a bounty reward.”