MEET LUNACHOW
Dogecoin started as an inside joke but has become, not only the pioneer of memecoin all over the world but is now a model on how building a strong community around a cryptocurrency project is the best way to go.
Blockchain technology has opened financial doors that were once shut, doors only accessible to a select few. But growing adoption of blockchain technology and cryptocurrency is echoed by the approval from rich people such as Elon Musk. We all witnessed how much social influence Elon Musk’s approval of dogecoin did for the community, and in turn for the price of the memecoin.
Now, as blockchain technology becomes popular, there is need for improvement in the technology and what it offers. The likes of bitcoin and Ethereum, while the pioneers of cryptocurrency, have shown loopholes in both the technology, the tokenomics and general usage. Also, the last few years has seen hundreds, if not thousands of cryptocurrency projects come and go, many of them scams.
But Lunachow is a democratically-designed project, one that can boldly say was built by the masses for the masses.
One of the biggest issues many have experienced with cryptocurrency projects that were scams was the presale of these coins. Most times, these presales left millions of coins in the hands of a selected few stakeholders who, when convenient, carry out a rugpull, thereby causing other investors to lose.
But with Lunachow, such things are avoided.
WHAT MAKES LUNACHOW DIFFERENT?
· A dedicated community: We all have seen that for any cryptocurrency to thrive, there needs to be a community to support the project and believes in the project so much to stick with through thick and thin. LunaChow was named after the popular dog breed of Northern China, the chow chow. The breed is loved, hence the name. And with Lunchow, transparency, commitment and collaboration are the core values that drive our community and every project on the Lunachow network.
· Awesome network backed by data and Good Faith: Lunachow is built on the ethereum network because of two main reasons:
- The blockchain has been successful for years, and has led the development of new projects such as NFTs, and the integrity of the founder, Vitalik Buterin.
- Also, the marketcap of Ethereum is increasing, thereby making the network a perfect place to build lunachow as we’re sure that the Ethereum’s network isn’t going anywhere soon, it can stand the test of time.
We understand the high gas fees issues associated with Ethereum’s network, and the network, through its two-layer technology, is solving that problem.
In terms of building good faith, the Lunachow team sent one billion tokens to Vitalik Buterin, the founder of Etheruem. His leadership and vision have led us here, so it is only common sense that we do it.
· Tokenomics: In the cryptocurrency space, burning tokens over time in order to reduce the number of tokens in circulation is the norm. But the team at Lunachow, after thorough research, discovered that intermittent burning of tokens allows some people to manipulate the price of the token.
So, at Lunachow, we decided that, instead of burning tokens over time, we burn 99% of the tokens from the start, giving everyone in the community the same opportunity.
· A different presale parameter: There is no private sale for lunachow. Instead of a private or public sale, Lunchow will be released through an open public sale.
CONCLUSION
Lunachow is a token designed by the people for the people, skipping the traditions of private presale and intermittent token burning. Because 99.9% of Lunachow will be burned, it makes for a profitable liquidity framework for every investor.
For more information about the project, kindly access the link below:
Website: https://www.lunachow.com
Whitepaper: https://lunachow.com/whitepaper
Twitter: https://twitter.com/LunaChoww
Telegram: https://t.me/LuChow
Author: Dulo Wegner
0x username: dulowegner