Distributed Ledger technology, or Blockchain, which appeared relatively recently, has opened up a number of new opportunities for humanity, including a better financial management mechanism. That is why at the moment this technology is a serious threat to the banking sector.
It is possible that virtual currencies, combined with a distributed Ledger, could soon replace the traditional banking system. However, today this is not yet possible, as the Blockchain technology has a number of disadvantages, which include:
low speed of operations;
high fees;
the problem of scalability;
the complexity of the process of transferring currencies running on different Blockchain.
The solution to all the above shortcomings will be a new platform LUNALAND .
Introduction
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.
Centralised platform token projects that aim to build a platform/ecosystem have a high degree of risk. Namely, there is execution risk, team risk, market risk and other risks which must be overcome for the project to produce real value and result in the appreciation of the coin price. LunaLand seeks to overcome this by not being tied to a centralised platform/project which impacts the price of the coin. It is a pure peer-topeer digital currency and store of value, and its success will depend only on user adoption and the building of the LunaLand community. 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.
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.
Our 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.
Features
Target Supply: The distance from the earth to the moon is 400,000,000 meters. LunaLand’s target supply is 400,000,000 coins.
Manual Burns: Regular burn cycles to reduce supply by 99.96% from 1 trillion to 400 million coins.
Hyper-Deflation: Hyper deflationary supply to increase upward price momentum.
Reward Holders: Controlled burns do not penalize buyers/sellers via a tax and encourage trading and liquidity while still rewarding holders.
Encourages Trading: Encouraging liquidity by rewarding early adopters and putting a minimum of 50% back into liquidity pools. No tax on trading to encourage liquidity, and coin rewards to holders gives you the best of both worlds!
Low Entry Price: A supply of 1 trillion coins is intended to provide a low entry price and reward holders with unlimited upside potential.
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. There are several novel features of the LunaLand burn strategy that aims to reward holders and benefit the community. We set out below the key features and conditions of the LunaLand burn strategy.
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.
BEP 20 Token
The LunaLand (LLN) coin is a fully compliant BEP20 Binance Smart Chain (BSC) token. There are several reasons why we have opted for a BEP20 token over other networks, some of which are:
Low transaction costs - The current cost of transferring $1,000,000 worth of LunaLand tokens is $0.05 (at the time of writing). In comparison, the cost of doing the same on the Ethereum network can be 1000x higher, or more, depending on congestion on the network.
High-speed block creation – In recent tests when distributing LunaLand tokens to our investors, we found sending large amounts of LunaLand did not take more than 8 seconds to reach the buyer. Again, using Ethereum as an example, blocks can take several minutes or sometimes up to an hour to create, depending on network congestion.
Mining on the network is more environmentally friendly: Bitcoin and Ethereum currently use a proof-of-work (PoW) algorithm to solve complex mathematical problems and form a consensus to verify a block. The PoW mechanism creates a world-wide competition to solve the mathematical problem and thus results in very high-power consumption due to competing actors in the network attempting to outperform each other with high-powered mining hardware. The Binance Smartchain network use the Proof of Staked Authority (PoSA) mechanism. It is a hybrid between Proof of Authority (PoA) and Delegated Proof of Stake (DPoS). This consensus model can support a short block time and low fees, and it only requires 21 validators to run. Validators take turns to mine (verify) blocks which results in a much more power efficient mining process.
Ability to utilize Pancakeswap as a first exchange: Using a BEP20 token means we can immediately utilize the Pancakeswap exchange and list LunaLand on an exchange immediately after the presale comes to an end. Pancakeswap is one of the largest decentralized exchanges on the planet with over $600 million of trading every month (at time of writing).
Tokenomics
LunaLand Contract
Name: LunaLand
Symbol: LLN
Decimals: 18
Contract Address: 0x6020371b0e8a2fc259a6b111d178bba9c966a4a4
Initial Supply: 1 Trillion
Target Launch Supply: 400 Million
Burn Function: Yes
Mint Function: No
Network: BSC Mainnet – BEP20
Liquidity Pool: 50% of amount raised as a minimum. Likely to be 100%, allowing for deductions for marketing and operational expenses.
Parameters:
Price: $0.005
Soft Cap: 1 Million LLN
Hard Cap: 200 Million LLN
End Date: 20th July 2021
DX Sale: DX sale will run from 10th July to 20th July where the price of LunaLand will be $0.01 per coin.
PancakeSwap: LunaLand will list on Pancakeswap on the 20th July 2021. The price will be determined depending on the liquidity pool and will be announced to the community in due course.
Roadmap
- Q2 JUNE 2021
Design and creation of LUNALAND
Launch of Pre-sale
Whitepaper published
Marketing team initiates campaigns - Q3 JULY 2021
Launch LUNALAND of PancakeSwap
Further ecosystem development
Expansion of marketing campaigns to drive coin adoption - Q3 AUGUST 2021
Listing on Coinmarketcap (CMC)
Listing on CoinGecko
Initiate development of LUNALAND online store and app
Target supply reached - burn complete - Q3 SEPTEMBER 2021
Listing LunaLand on additional DEX platforms
Merchandise partnerships for LUNALAND store - Q4 2021
Launch LUNALAND store
Merchandise partnerships in place.
2022 and Beyond
Listing of centralized exchanges - Binance, Kraken and others
To conclude:
LUNALAND (LLN) is a digital currency and store of value that offers protection from real-world inflation as the World goes on a money printing spree. We encourage liquidity with no-tax trading by rewarding early adopters and putting 100% back into liquidity pools.
TEAM
Dusko Ruzic - Commander
Erol Salcinovic - Pilot
Ben (Joins Q4) - Mission Specialist
OFFICIAL LINK:
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
User Name : Zeus09
BTT profile : https://bitcointalk.org/index.php?action=profile;u=2642364
BSC Wallet : 0x9A3dBB6D90FA9ac3dAd184202a3AFa090dF07BCa