AN EMPIRICAL REVIEW OF LUNALAND PROJECT

in #blockchain3 years ago

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Nowadays, virtual currency trading is one of the most common ways to increase equity. However, this process is associated with a number of difficulties. The first and most important of them is the search for reliable cryptocurrency exchanges with the most favorable prices and the need to switch between them in the process of trading. The second difficulty lies in the low speed of operations, which can not only increase the trader's capital, but even lead to losses.

In addition, the complexity of the trading process is added by the shortcomings of modern crypto-currency exchanges, such as:

high commission;
lack of convenient tools for trading;
low quality support service;
relatively low level of protection.

Change all this, improve trading conditions and provide traders with a number of new features will allow the project called LUNALAND .

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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

Unlike other cryptocurrency trading platforms, LunaLand functions as a decentralized and multi-exchange platform that offers tools and features to facilitate traders to better manage their orders and earn profits. Given that the crypto market is witnessing strong market ups and downs and speculators exploit customer orders to cause market movements, LunaLand has created a technologically advanced infrastructure that helps traders manage their orders. You can also learn more about LunaLand and the team through any of the media below. :
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FOR 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

Author

➡️Bitcointalk profile: palmet
➡️Bitcointalk Profile url : https://bitcointalk.org/index.php?action=profile;u=2868526
➡️BEP20 Address: 0x821434fee8C8661F045218744D2C33cb1bD2848d