LunaLand (LLN) is a peer-to-peer digital currency and store of value. Like digital gold, it aims to offer protection against inflation and infinite money printing. It is the antithesis of fiat currencies with unlimited supply potential. It not only has a finite supply, but it is also a hyper-deflationary supply coin which will burn most of the initial supply until the target supply of only 400 million coins is reached.
Project Overview
LLN is a peer-to-peer digital currency and store of value. This will allow you to easily send money online and be used as a medium of exchange. There is no mint function, so supplies are limited. The number of used LLNs can only decrease over time, which makes them the complete opposite of modern fiat currencies. A digital currency that harnesses the power of the blockchain to provide transparency, security and low transaction fees.
While there is no platform/ecosystem that can directly influence the price of LLN, the LunaLand project team is building real-world applications for the currency to underpin the value of the coin.
Vision:
Create a new digital currency that becomes a top 10 cryptocurrency and is underpinned by real world use as not just a store of value but a medium of exchange.
Manual Burn
One of the key features of LLN is its finite hyper deflationary supply. With an initial supply of 1 trillion coins, LunaLand will have regular burn cycles until 99.96% of the coins are burned and the target supply of 400 million coins is reached – 1 Lunar distance in coins. Manual burns that are controlled by the team means that the burn is finite and controlled. Regular cycles and clear communication will ensure that the community is informed and rewarded as we grow. The regular burn cycles and conditions will be communicated and tracked at the official website www.lunaland.io.
Burn Strategy and Conditions
• Burn Cycle
LunaLand will implement at minimum weekly burn cycles which will burn an increasing number of coins until target supply is reached.
• Random Burn Amount
Each manual burn will burn a range bound randomly selected – via a random number generator – number of coins which will increase as coin adoptions grows.
• Burn Range
As account holders grow, so will the number of coins burned. A randomly selected burn amount will be chosen from an increasing range that will grow by an order of magnitude (10X) as the number of holders grows. Starting with a range of 1M-10M, the range will be increased for every order of magnitude increase in holders starting from 10 holders.
• Communication
Each burn will be announced to the community before the burn function is invoked and a burn countdown timer on the official website will inform the community when the burn is taking place.
• Burn and Earn
With each burn, we burn 90% of the burn amount and distribute 10% proportionally to holders.
Meet The Crew
Dusko Ruzic - Commander
Erol Salcinovic - Pilot
Ben (Joins Q4) - Mission Specialist
Links to the project:
⭐ 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
Forum Username: ChainFish
Profile : https://bitcointalk.org/index.php?action=profile;u=2316030
Telegram: @rosalbaquaresma
BSC Wallet Address: 0x25E12f59E5569A6e72D9BD36b332CfFC85fAE61B
Prooof of Authentication: https://bitcointalk.org/index.php?topic=5346492.msg57535647#msg57535647