Tokenomics of LunaLand

Introduction

Digital assets are one of the basic and crucial features developed by most cryptocurrency projects and decentralized finance platforms in the blockchain industry. Some factions refer to it as a crypto asset and others as a token. You can say it is analogous to the fiat currency of government and traditional financial systems. The expansion of blockchain technology has created a massive adoption of cryptocurrencies that are utilized for payments and transactions across multiple platforms. Token holders can even purchase other digital assets, as well as fiat currencies, using their coins. Generally, these tokens serve as a medium of exchange for most blockchain platforms, as both the owners and their clients can generate revenue through them. The LunaLand Blockchain Network also has its digital currency – the LLN token.

The essentiality of the LLN coins to the LunaLand project cannot be overemphasized, as it is the bedrock of the network, and it anchors most of the goals and objectives of the founding members. LunaLand team intends not only to use their native coin as a medium of exchange but also as a store of value. They plan to develop their token to function as gold, where it maintains stability in times of price fluctuations and market variations that affect other cryptocurrencies. LLN tokens will be developed as a BEP20 coin, supported by the Binance Smart Chain Network. The team chose this because of the advanced features and benefits the network afforded their asset. Investors and crypto enthusiasts can access the LLN coins by signing up on LunaLand’s website, fill the required form, and submit their wallet addresses.

The Tokenomics of this project will elaborate on the total supply of tokens that will be available in the market. It will contain provide information on how the team intends to utilize the assets. At the initial stage of the platform, the team will focus on managing the processes and operations involved in the use of the tokens until the community is strong and reliable to take over. There will be a listing of the assets on decentralized exchange platforms such as CoinGecko and Coinmarketcap. At a later stage of the project, according to the roadmap, the team will also list it on centralized exchanges such as Binance and Kraken. Through these platforms, users can buy, sell, swap, and stake their tokens. More so, they can use other cryptocurrencies and fiat currencies to purchase them. Investors and clients can check on their website, www.lunaland.io, to confirm accepted fiat money and digital currencies.

Information regarding LunaLand’s Tokenomics includes an initial supply of 1 Trillion, with a target launch supply of 400 Million. The burning function is activated but no minting will hold. About 50% of the minimum generated amount will go into the liquidity pool.

The management team plans to achieve their target market supply of 400,000,000 LLN coins through regular burning cycles. During these cycles, tokens in increasing order will be burned and for each interval, there will be rewards for token holders. Allocation of about 40,000,000 tokens will be for the development of the project and marketing purposes.

USEFUL LINKS

Website: https://www.lunaland.io/

Telegram: https://t.me/lunalandLLN

Twitter: http://twitter.com/IoLunaland

Facebook: https://www.facebook.com/LunaLand-104535581879219/

Instagram: http://instagram.com/lunaland.io

YouTube: https://www.youtube.com/channel/UCPfFZksXwohPMzE7OyZiKRg

Discord: https://discord.gg/RGM769PB

Reddit: https://www.reddit.com/r/Lunaland/

Authorship

Bitcointalk Username: Dicesun

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2768267

Proof of Authentication: https://bitcointalk.org/index.php?topic=5346492.msg57473702#msg57473702

BEP-20 wallet address: 0xd84548a9b9E36bE96da48f1184D9504FC0BB3592