Over the past few years, the cryptocurrency market has managed to attract the attention of all countries and States around the world. This was especially acute in 2017, when the cost of the most popular coins conquered all conceivable records. Now of course, though not such a crazy boom among cryptocurrencies, nevertheless, the market is still actively growing and developing. In order to gain strength and power to begin to grow further.
Problems
But in order to do this, it is necessary to solve a huge number of tasks in parallel, which pull all this infrastructure back.
Of course, these tasks, in turn, represent a number of unresolved problems, which in turn are linked:
with excessive market volatility;
with the tight manipulation of the market by big “whales”;
with the lack of reliable investor relations and tokens purchased by them on ICOs;
with a high level of cybercrime;
and also with long delays of various transaction operations;*
and with high fees.
Each of these items is an urgent problem of almost every market participant. Someone loses money at the powerful manipulative jumps caused by large "whales". Someone is suffering from cybercriminals who continually attack weak and poorly protected exchanges and user wallets. Someone loses on buying the sale of purchased coins at the time of the ICOs. This can also be easily attributed to poor customer service on many exchanges and catch them in the absence of multilingual support, when every word spoken is of great importance to the user.
Thus, we can see how much the cryptocurrency environment is not perfect yet and how many tasks it has yet to solve. To solve these problems offers us a team of outstanding professionals who have been active participants in the entire cryptocurrency space, as well as other professional areas related to Finance and other management projects for more than one year.
About the project and its features
LunaLand
LunaLand.io is clearly a cryptocurrency project that has a peer to peer digital currency with a value store and also a finite supply. LunaLans aims to consolidate on the successful imprint already put in place by existing cryptocurrencies. The native token of LunaLand is $LLN which has a stored value which can be used to carry out transactions. The unique thing about LLN coin is that its supply continues to decrease as time goes on. $LLN is a BEP20 coin found on the Binance Smart Chain. It has a burn function with no form of minting. The initial supply is 1 Trillion LLN token but there is a target supply of 400 Million LLN. LunaLand Token, LLN, integrates a hyper deflationary token model. It is expected that this model will help to drive up the price of the token with increasing demand.
LunaLand Token Burn
One of the stand out feature of LunaLand Token, LLN is that its supply is finite. There will be a burning cycle and it is expected that 99.96% of the tokens are burnt. The burning process is manual and will be carried out by the team. The burning cycles will be done weekly, which means that for every week, an increasing amount of coins is burnt. As adoption of the coin increases with a resultant increase in supply, a random burn is carried out to reduce the number of coins. Also, as the number of coin holders increases, so also is the number of coin that will be burnt. That is, for every increase in holders, there is a resultant increase in burning which means that out of the 100%, about 90% is burned and the remaining 10% I redistributed to holders. Holders of the $LLN token and the community in general will be kept abreast as regards the burning cycles.
LunaLand Community
LunaLand is a community oriented project, that is a project that prioritizes the interests of its growing community. A lot of incentives have been initiated to reward early birds and those who adopt the project from the onset. Once you are an early investor, you get the chunk of these rewards. Also, there will be regular airdrop to reward holders of the token. Another mechanism put in place to reward the community is "Easter Eggs" a scheme designed to reward holders of LLN.More details about it will be made known as the project develops. Easter eggs is like an umbrella Name for the numerous reward initiatives by LunaLand.
Conclusion
To sum up, we can safely say that the LunaLand platform is a bright representative of the entire cryptocurrency space. After all, there are very few such projects at the moment, and given the existing problems in the world of cryptocurrencies,
So do not miss the opportunity to get acquainted with the project a little closer than it was stated in my article. To do this, I recommend you to read the entire technical document of the project, which sets out in more detail all of its strengths. At the same time, as an additional source of information, at the bottom of the article I have prepared a number of official information resources where you can find answers to all your questions. That's it for me today, I was glad to be useful and up to new meetings!
Official resources of the LunaLand project:
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:
Forum Username: Landiva
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3325170
Telegram Username: @landiva
ETH Wallet Address: 0x8c7eED86A310f62B27f9C05aF3ee417Ad6A45a7d
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