No matter how much the price of the cryptocurrency rate falls, this direction is still very interesting and relevant among a huge mass of people. Every day thousands of users explore the Internet, looking for information about what will happen next, is it worth investing now, when the market is "at the bottom"?! In most cases, such doubts tormented himself every beginner who is not fully versed in the system and its technologies, ignoring the most important details. Cryptocurrencies were, are and will be! Yes, maybe in the future they will not be in such a huge amount, as time and competition will process the market for liquid and illiquid coins, highlighting the most stable and useful in everyday life.
However, until this happens, people in agony often make mistakes. Invest in neither there nor in those projects. Thus losing their, not only potential profits, but also invested funds. Often this is due to the fact that among this huge number of ICO projects existing today, more than 80% are scams, while the rest have a chance not to fulfill their technical obligations due to weak fees, the lack of a strong and professional team or even worse, the lack of skills to bring the started business to the end. And to my great regret, there are many such examples. I myself have repeatedly stepped on this rake and every time it happened, I said "this is the last time I invest in ICO". And I'm sure that's the kind of thoughts that's come to each of you. But, unfortunately, the same thoughts will not solve the problem, it requires action. Moreover, actions that will help to change the whole situation on the market and will be able to direct the direction in the right direction. This is the course we will discuss with you today.
About the project
To start with, it is imperative to know what Lunaland is, its objectives and vision which will be thoroughly examined within this article. Lunaland.io is a fast growing peer to peer cryptocurrency platform that seeks to counter inflation and endless money printing that is now the order of the day. It is a direct contrariety to fiat currencies with boundless supply capacity. Lunaland token has a limited supply and it is also employing a deflationary (hyper) Token model with a burning feature which is expected to burn a vast volume of the initial supply prior to when a target supply of 400,000,000 token is achieved. The initial supply of the token will be fixed at 1 Trillion token where it is expected that 99.96% of this supply is burnt in different phases. The burning stages will be carried out regularly till the target of 400,000,000 is reached.
WHAT ARE DEFLATIONARY TOKENS?
For any token to have any kind of value for use or traded, then there has to be a form of incentive for using or holding such token. It is such incentive that will drive demand for the token which will then determine its price. Deflationary tokens are those whose increase in demand does not mean increase in supply. In other words, supply does not increase even as demand increases. There is a limited supply of token which means inflation is eliminated. The limited supply naturally creates an increased demand. Bitcoin is a good example of a deflationary token. Unlike traditional Finance, for deflationary cryptocurrencies, the aim is to reduce the number of tokens in circulation and this is done through a process called "burning" which will lead to an increase in the valuation of such token. From an economic point of view, there is surging interest in deflationary tokens. Lunaland.io has keyed into this opportunity in creating a token that drives return on investment. Lunaland has integrated the deflationary token model.
LunaLand is a decentralized Finance protocol and the aim is to establish a olatform that will overcome the challenges commonly associated with centralised projects such as market risks and executional challenges. Lunaland is not tied or affiliated to any centralised platform and the prosperity of the platform is dependent on the level of adoption by users and Lunaland community.
Moreso, the worth of Lunaland token, LLN cannot be influenced directly by another platform rather that the users. It is no longer news that a lot of cryptocurrencies today do not have real life applications and that is why most of them fade off within a short period of time. But for LunaLand, this is not the case, the plan is long term and also to ensure sustainability, the team is building real life applications with use cases so as to increase the value of LLN. In other words, LLN wouldn’t be just another coin but one with a real life use case or adoption and at the same time a medium of transactions/exchanges.
FEATURES
There are some unique features which makes LunaLand to stand out. Some of these features are discussed below:
➡️ Token Burn Function
There will be regular burning of tokens so as to reduce the supply from 1 Trillion to 400 million. The burning will be carried out in different phases to drive up demand of the token.
➡️ Finite Supply
The supply is deflationary and finite,hence there is no mint function nor are there plans to introduce any.
➡️ Supply Target
The final target set for supply is 400,000,000 (which is the distance of the rear the to the moon). Burning will be carried out till this target is met.
➡️ Holder’s Reward
There is no tax imposed on trading and this is to promote liquidity. Holders are usually rewarded. Buyers/sellers are not penalised in any way through taxation.
So far, one of the unique feature of LLN is its fixed hyper deflationary supply. Also, the community will also be carried along and communicated with whenever there is a burn and they can also track it via the website: LunaLand.io
TOKEN INFORMATION
Token Name: LunaLand
Token Symbol: LLN
Decimals: 18
Network: Binance Smart Chain (BEP20)
Initial Supply: 1 Trillion
Target Supply: 400,000,000
PRE SALE
LunaLand presale is currently live and the price of LLN is put at $0.005. You can join the presale here Lunaland.io This may be your last chance to get the token at such cheap price. The burning feature alone is a confidence booster that the price will go higher so this is an easy high return on investment. The presale will run from 28th June to 20th July, 2021. The soft cap has been pegged at 1,000,000 LLN while the hardcap is 200,000,000 LLN.
CONCLUSION
LunaLand has within a short period proven itself to be a sustainable project with long term plans. Some of its unique features such as hyper deflationary supply, burning function, holders reward, lack of taxation, among others has made it to stand out among its contemporaries. From what I have seen so far, the team are quite serious in ensuring that LLN isn’t just a crypto token but one with a real life applications. So far,the roadmap is spot on and looks a serious project worth keeping an eye on. The presale is ongoing and it is a chance to take advantage to fill your bags with LLN tokens, always DYOR!
The official project social media website :
WEBSITE: https://www.lunaland.io/
YOUTUBE: https://www.youtube.com/channel/UCPfFZksXwohPMzE7OyZiKRg
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/
INSTAGRAM: http://instagram.com/lunaland.io
Author:
Forum Username : schumaker
From profile : https://bitcointalk.org/index.php?action=profile;u=2763519
BEP20 wallet : 0x3960350b959a6B613A1065772988C67c130ed01d