First of all I want to let you know that I am just a bounty hunter and writer for Cryptocurrency projects and help promote projects that want to grow and become successful in the Cryptocurrency world.
So I'm here to introduce a project where the name of the project is LUNALAND, Many good ideas are presented by the project, especially the development and system used by the LUNALAND project, For more details, please see the articles that have been summarized by several well-known sources and bounty hunters.
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
A Digital Currency, at the Dawn of a New Era.
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.
LunaLand (LLN) Coin
LunaLand (LLN) is a peer-to-peer digital currency and store of value. It will enable you to easily send money online and be used as a medium of exchange. There is no mint function, so supply is limited. The number of LLN in use can only decrease over time, making it the antithesis of modern fiat currencies. A digital currency utilising the power of the blockchain to bring transparency, security, and low transaction fees.
It is a BEP-20 token built on the Binance Smart Chain (BSC) with an initial supply of 1 Trillion coins. It is a hyper-deflationary coin with a burn function that will burn supply until a total of 400 Million coins remain – 1 Lunar distance in meters. The burn function will be utilised until 99.96% of all coin supply is burned.
With a finite, deflationary supply, the aim is to put a price floor on the coin and reward early adopters and token holders over time. This is accomplished by a high initial supply that will keep the initial entry price low to encourage trading and coin adoption as the supply is deflated.
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.
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
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 BinanceSmartchain 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).
Sales Stages
Pre-Sale – Presale will run from 28th June to 20th July where the price of LunaLand will be $0.005 per coin.
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
Our Vision is to 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. There are several tactical milestones we need to achieve to realise our vision. The roadmap below aims to provide clear goals that are informative and ambitious.
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
Conclusion
LunaLand seeks to overcome the centralized platforms' high degree of risk to produce real value and result in the appreciation of the coin price by not being tied to a centralized platform/project which impacts the price of the coin. It is a pure peer-to-peer digital currency and store of value, and its success will depend only on user adoption and the building of the LunaLand community. The LunaLand project team is building real-world applications for the currency to underpin the value of the coin.
Contact Information
Website : https://www.lunaland.io/
Whitepaper : https://6b39cf01-dbf8-4543-ab71-7bcac199a12d.filesusr.com/ugd/c6bd41_e13088f4fb5042b68ad6afb79dd13445.pdf
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: dey90
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=731808
BEP-20 wallet address: 0xb951E5E651bC2f17C9A1639c22F293d5950DC62B
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