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.
Starting with an initial supply of 1 Trillion coins, a total of 99.96% will be burned in regular cycles. The burn cycles will continue until a target supply of 1 Lunar distance in meters – the distance from the Earth to the Moon – of coins is achieved, namely 400 Million LLN.
Our Mission:
Our mission is to develop a peer-to-peer pure digital currency and store of value which will be recognised as a cryptocurrency leader in terms of adoption, use and value.
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.
Easter Eggs – Community Rewards
The soul of this project is rewarding the community as we grow. There are numerous mechanisms which will reward early adopters and holders. Those that invest early, earn the most rewards. As the project grows, there will be additional features and benefits (‘Easter Eggs’) announced designed to reward holders. This section will be updated to incorporate newly announced schemes.
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.
Meet The Crew
Dusko Ruzic - Commander
Erol Salcinovic - Pilot
Ben (Joins Q4) - Mission Specialist
Website: https://www.lunaland.io/
Telegram: https://t.me/lunalandio
Youtube: https://www.youtube.com/channel/UCPfFZksXwohPMzE7OyZiKRg
Discord: https://discord.gg/RGM769PB
instagram: http://instagram.com/lunaland.io
Twitter: https://twitter.com/IoLunaland
Reddit: https://www.reddit.com/r/Lunaland/
Author:
BTT username: BlackAngel999
BTT profile: https://bitcointalk.org/index.php?action=profile;u=2250144
BSCwallet : 0x6A7bD5c8271ec7752bbf295C8053914334796cFD