Topic: [ANN]🔴⭕🔴LunaChow token🔴⭕🔴- 100% community driven token with great potential. (Read 58 times)
November 23, 2021, 06:09:51 AM
Nice logo bro. Very original. There's only one PepperMint Shiba.
November 23, 2021, 05:58:34 AM
LUNACHOW
LunaChow is the first cryptocurrency built not only for the masses but by the masses. With an unprecedented burn schedule, the LunaChow model empowers users with the ability to easily transact in the network's native token while also benefiting holders over the long term.
By partnering with existing industry payment providers, LunaChow's global applicability and true fair launch make it the perfect cryptocurrency for the future. Energy-efficient, fairly launched, and governed exclusively by the community, LunaChow helps to usher in a new era of cryptocurrency fairness and adoption!
The first decentralized ERC-20 token with an aggressive burn structure. It is 100% community-driven. LunaChow token will serve as a powerful payment tool for global citizens. LunaChow’s core values of transparency, collaboration, and commitment deliver unprecedented integrity to the growing Dogecoin family.
By partnering with existing industry payment providers, LunaChow's global applicability and true fair launch make it the perfect cryptocurrency for the future. Energy-efficient, fairly launched, and governed exclusively by the community, LunaChow helps to usher in a new era of cryptocurrency fairness and adoption!
The first decentralized ERC-20 token with an aggressive burn structure. It is 100% community-driven. LunaChow token will serve as a powerful payment tool for global citizens. LunaChow’s core values of transparency, collaboration, and commitment deliver unprecedented integrity to the growing Dogecoin family.
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Tokenomics
LunaChow's tokenomic structure stands as one of the most defining elements of the project. As previously mentioned, other projects utilize an aggressive burn schedule that seeks to benefit the stakeholders. However, these incentive structures often fail to account for the long-term implications of their methodologies, resulting in unforeseen circumstances later down the road. The LunaChow team carefully experimented with potential incentive models before arriving at a surprising conclusion – the inevitable amount of tokens burned factors ultimately into how the market forward prices the token's value.
The reality of this situation deserves careful consideration. The value of a token burn accrues in the token market price more rapidly than the burn itself occurs. This process occurs due to rational human action and incentive – users understand that a future burn will increase the value of their tokens are preset future point and, as that point approaches, the price reflects this burn. Subsequently, the token price falls slightly after the burn due to the price discovery associated with the expected price impact of the burn versus the actual price impact. The results of this analysis surprised the entire team: burn now, not later.
LunaChow serves as the first member of the Dogecoin family to undertake extensive analysis of the existing burn structures on the market today. Our results led us to establish a revolutionary burn schedule: 99.9% of LunaChow tokens undertake a unique burn approach upon project launch. The results of this intense burn schedule allow the value of the initial burn to inject an elevated value to token holders immediately. Rather than spreading the burn mechanism over a longer period, forcing users to deal with esoteric forward pricing mechanisms and a high likelihood of market uncertainty, LunaChow delivers the latent value of a burn schedule to our users all at once.
LunaChow's tokenomic structure stands as one of the most defining elements of the project. As previously mentioned, other projects utilize an aggressive burn schedule that seeks to benefit the stakeholders. However, these incentive structures often fail to account for the long-term implications of their methodologies, resulting in unforeseen circumstances later down the road. The LunaChow team carefully experimented with potential incentive models before arriving at a surprising conclusion – the inevitable amount of tokens burned factors ultimately into how the market forward prices the token's value.
The reality of this situation deserves careful consideration. The value of a token burn accrues in the token market price more rapidly than the burn itself occurs. This process occurs due to rational human action and incentive – users understand that a future burn will increase the value of their tokens are preset future point and, as that point approaches, the price reflects this burn. Subsequently, the token price falls slightly after the burn due to the price discovery associated with the expected price impact of the burn versus the actual price impact. The results of this analysis surprised the entire team: burn now, not later.
LunaChow serves as the first member of the Dogecoin family to undertake extensive analysis of the existing burn structures on the market today. Our results led us to establish a revolutionary burn schedule: 99.9% of LunaChow tokens undertake a unique burn approach upon project launch. The results of this intense burn schedule allow the value of the initial burn to inject an elevated value to token holders immediately. Rather than spreading the burn mechanism over a longer period, forcing users to deal with esoteric forward pricing mechanisms and a high likelihood of market uncertainty, LunaChow delivers the latent value of a burn schedule to our users all at once.
Roadmaps
The LunaChow roadmap outlines where we started, where we stand, and where we plan to go as a community. The ultimate direction of the LunaChow platform rests firmly in the hands of the community – the existing roadmap serves as an initial guide for early features and protocol development. After completing the fourth and final phase of the roadmap, subsequent developments must go through the formal community governance and consensus process. The existing roadmap is as follows:
• Phase I
o LunaChow MainNet Launch
o Website Release
o Whitepaper Release
o 99.9% Token Burn Event
• Phase II
• CoinMarketCap listing
• CoinGecko listing
• Social Media Marketing Campaign
• Charity Drive Launch
• Phase III
• Third-Party Smart Contract Audit
• Website Redesign
• Merchandise Store Launch
• Unified Multimodal Wallet (Stage I)
• Phase IV
• Exchange App Development (Stage I)
• Partnership with Payment Systems Provider
• Global Multimedia Marketing Campaign
The LunaChow roadmap outlines where we started, where we stand, and where we plan to go as a community. The ultimate direction of the LunaChow platform rests firmly in the hands of the community – the existing roadmap serves as an initial guide for early features and protocol development. After completing the fourth and final phase of the roadmap, subsequent developments must go through the formal community governance and consensus process. The existing roadmap is as follows:
• Phase I
o LunaChow MainNet Launch
o Website Release
o Whitepaper Release
o 99.9% Token Burn Event
• Phase II
• CoinMarketCap listing
• CoinGecko listing
• Social Media Marketing Campaign
• Charity Drive Launch
• Phase III
• Third-Party Smart Contract Audit
• Website Redesign
• Merchandise Store Launch
• Unified Multimodal Wallet (Stage I)
• Phase IV
• Exchange App Development (Stage I)
• Partnership with Payment Systems Provider
• Global Multimedia Marketing Campaign
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