INTRODUCTION
think many will agree with me that the world of Finance has become somewhat different over the past few years. Than it was before. If earlier people could exchange money only in the framework of cash payments, then they are replaced by electronic money, which is more convenient to send to each other, and now it is not necessary to rush with cash.
Problems
But if you remember that no matter how much non-cash payments seem to us a natural process, they still experience a number of problems associated with high Commission fees, as well as the presence of a large number of intermediaries and unnecessary third parties.Each of which seeks to pinch off from you his tidbit of Commission. In the result, the fact that you could buy at the same price you're paying ten times more.
These principles have been replaced by cryptocurrencies, each of which seeks to solve many financial problems by eliminating intermediaries, reducing fees and speeding up transaction processes around the world, regardless of the location of two participants in a single transaction. But, and here it turned out not so easy and simple. Since where big money is spinning, you can meet a large number of scammers and those who are ready to achieve their goals not in a clean way. That basically happened in 2017, when almost 97% of all crypto projects were fraudulent. That is, aimed at raising funds without any further prospects for development.
And as a consequence, this kind of situation scared off all those crypto enthusiasts who were ready to believe in the benefits of Blockchain. But alas met face to face with outright scammers. Many other projects seek to eliminate the consequences of 2017, in whose interests it is necessary to develop a truly worthy Blockchain technology, demonstrating its advantages and positive features with their tools. It is about one of these projects that I want to talk to you today and it is called LUNALAND
About the project and its features
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 . 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.
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 mechanism. It is a hybrid between Proof of Authority and Delegated Proof of Stake .
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.
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.
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
Meet The Crew
Dusko Ruzic — Commander
Erol Salcinovic — Pilot
Ben (Joins Q4) — Mission Specialist
Information:
- 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
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