The Environmentally friendly Gaming Token Design By LUNAR HORIZON

The Environmentally friendly Gaming Token Design By LUNAR HORIZON

By mdpanel | KING-SOURCE | 22 Jul 2021


The Environmentally friendly Gaming Token

LUNAR HORIZON Combining the best of all tokens. Helping our holders, the community, and the planet.

Why Lunar Horizon?

Lunar Horizon (LHZ) is a BEP20 Binance Smart Chain utility token with a clear focus on decentralised growth, staked gaming and giving back. The token is designed to operate within the “Lunar Lounge” an arcade style staked gaming center coming in Q4. The tokenomics generate a rewards protocols aimed aimed at rewarding holders and give back to the wider community via pre-vetted charitable organisations. The project implements a passive rewards protocol and a non-passive user engagement rewards program. Lunar Horizon achieves this all while contributing to a locked liquidity pool and funding positive environmental incentives focused on the development of sustainability.

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LHZ - The Sustainable Eco-Friendly Gaming Token

  At Lunar Horizon we are fully convinced that crypto is for everyone and that everyone should benefit from the fruits of this technology. Our goal is simple, to have a positive impact on the environment and to provide a unique gaming experience for our users. We will achieve this by forming charitable partnerships with organisations facilitating climate positive projects on land and in the oceans all while building a arcade style staked gaming platform for users to go head to head to build their holdings  

LHZ holders will directly contribute towards making a positive impact on the forests and oceans of the world

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LINK HERE 

CRYPTOCURRENCIES AND SUSTAINABILITY: LOOKING AT THE GREENER SIDE

In the past couple of years, the world has witnessed a major departure from conventional modes of making payments and concluding transactions online. From e-commerce stores to online trading platforms, major online entities now utilize a set of different blockchain payment options, also known as cryptocurrencies. Like cash, cryptocurrency is counterparty free, which means that it can be valued and liquidated into money without the need for an opposite party willing to enter into a transaction. Therefore, it can be said that, unlike cash, cryptocurrency is more accessible and efficient. The reason why this novel, never-heard-of payment medium became immensely popular and utilized in a relatively meagre span is the flexibility and ease it offers. However, complementing all their pros, the scale of carbon footprints of these cryptocurrencies is assumed and has proven to be immensely hazardous for the environment. Therefore, the sustainable aspect of this ultramodern invention today stands to be of major concern to global stakeholders.

How does the environmental concern arise?

Crypto coins or tokens are minted in no metal foundry, releasing tons of black carbon and poisonous fumes into the air. How exactly then can a cryptocurrency have adverse climatic impacts? Answering this question just requires an ostensible understanding of how cryptocurrencies are actually brought into existence. A cryptocurrency may be “produced” or “generated” through Proof of Work or Proof of Stake. The Proof of Work model, for example, is employed by various cryptocurrencies, including Bitcoin, and demands huge amounts of calculations, computed using vast processing power, to give out a single “coin”. The computational processes for these consume high levels of electrical energy, which in turn may be generated from renewable or non-renewable sources. This is why Bitcoin and other identical-base currencies stand so low on the sustainability chart. The issue is further aggravated when we look into the scale at which “coins” are minted through proof of work. Back in 2010, a spare laptop could be dedicated to carry out the computation and earn Bitcoins. However, today, in striking contrast to the simple olden times, Bitcoins are mined in powerful processing units that supposedly act as proper mining rigs, set up side-by-side to each other, often in hundreds and even thousands, to provide yields of Bitcoins. When stacked together and compiled as a single, complex excavation of Bitcoins, these units act as a farm that outsizes most rural towns in America. On the other hand, in the Proof of Stake model, the transactions are carried out according to the existing holdings of any person; hence, it does not require fresh mining all the time and does not consume much energy.

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Currency of contemporary times: Pros and cons

Cryptocurrencies are widely available and are flexible to convey. Moreover, they are the currencies of contemporary times, controlled by none other than the contributors themselves. No doubt can be cast on the assumption that an exclusively digital future is on the global commerce and finance horizon. The future has a lot in stock for fintech, which comprises cryptocurrency and blockchain technology. However, the sustainability picture of cryptocurrency, as opposed to conventional modes, still stands in a blurred landscape. Not much difference is seen between the carbon footprints left off by cryptocurrencies and cash and banking transactions combined: the shocking scale of energy consumption by cryptocurrencies and their impact on the environment often puts their efficiency in doubts.

The sustainability debate holds the most ground today than ever before. The world is in no position of risking itself to be plunged into further environmental damage. With heaps of entities and factors already releasing catastrophic carbon emissions into the environment, a further addition of another source of pollution is the last thing the world at present may desire for. The condition of the ecosystem and the atmosphere is at its worst, springing dozens of companies and startups that aim to replace the conventional way of doing things. With the advent of electrical cars and solar panels now being incorporated into mainstream usage, the world collectively wishes to recover from the environmental damage already done rather than giving way to more destruction. In this scenario, popularizing a ground-breaking, ingenious means of payment that aims to disrupt the existing currency trends but which tends to cause destruction and devastation to the environment seems nothing but sheer stupidity.

To take an example, it is estimated that the banking industry worldwide burns around 100 to 140 terawatt-hours (TWh) of energy per year. Put in contrast with the quantum of energy consumed by blockchain currencies, it is found that Bitcoin alone consumes 110 TWh. Furthermore, another giant currency in the crypto space, Ethereum, is expected to utilize 31 TWh during 2021, leaving aside the entire consumption by almost 4000 other cryptocurrencies in existence today. Having said that, the debate on which of the modes is more eco-friendly can further be stretched to great lengths.

 

Recent developments and global response to the climatic impact of Bitcoin

These recent disclosures about the Bitcoin impact upon the environment have ignited widespread concern amongst the corporate and environmental fraternities and the general stakeholders at a global level. The ensuing response from Tesla, suspending Bitcoin as a valid means for purchasing their environment-friendly vehicles, didn’t come out astonishing for most people. This boycott by a global leader in the electric car manufacturing industry actually shed light on the severity of the matter and brought people to discuss how cryptocurrencies can be turned greener and safer for the environment. Alongside such proposed transformation, it must also be kept in mind that the innovation or progress in cryptocurrency can’t be hindered or risked too.

Finding a solution out of climatic destruction: Lunar Horizon

A short-sighted, interim solution to the problem can be the prohibition of energy generated from non-renewable sources in cryptocurrency mining. At present, it is suggested that 70% of mining operations carried out by Bitcoin run on renewable energy sourced from hydroelectric or other origins, a statement that can be a mere gimmick or an incomplete phrase of a larger complex reality. This has been adopted by major miners in America and across the world. Using clean and green energy sources to power mining farms is a smart solution but does not seem to work comprehensively across the board. It also does not talk about how the other 4000 blockchain currencies in existence today function or are generated. Hence, it is needed to be grasped that not all cryptocurrencies function the same way, and many others can be based on greener mechanisms beneficial for the environment. The shift by Ethereum from the proof of work model to that of proof of stake is itself commendable. Proof of stake is a far less energy-intensive validation mechanism and marks a step away from the much inefficient proof of work model. Despite the small steps, the industry, on the whole, has a long way to go, a journey that must necessarily be propelled by green innovation, not in how the mines are powered but in the very methods of mining.

A sensical, viable way out of this realm is introducing a new-found, carbon-neutral cryptocurrency that requires no energy-intensive processes as proof of work mining. This can be achieved through many means: a decentralized network of individual servers arranged and connected to determine the algorithmic consonance and sequence of transaction and earn “coins” based on such transactions. These servers can be individual laptops or servers as insignificant as small email servers too. Furthermore, even mining operations can possibly be shifted onto a decentralized infrastructure spread across multiple PCs.

All of the above initiatives to turn blockchain currency functioning into green processes can yield beneficial results. One Bitcoin transaction, to say, uses up 700 kWh of electricity on average. This is equivalent to wasting 4.51 billion lightbulb hours to conduct 1 million Bitcoin transactions. We at Lunar Horizon admit that crypto is here to stay and has disrupted how transactions are done globally. But as the new crypto regime attains growth and eventual maturity, the common umbrella objective to keep things sustainable for the environment shall not be compromised. We aim to boost the efficiency of transactions concluded using cryptocurrency while ensuring that the environmental aspect is not risked at all. Lunar Horizon is an advanced cryptocurrency that has been kept green at design. Employing proof of work models that require energy-intensive processes is a thing of the past now. The ground-breaking new currency has been invented with the ideology that we can always come up with innovative methods to advance towards a sustainable ecosystem than to change gears and “reverse-engineer” it later when things go out of hand.

Promises to decarbonize blockchain and cryptocurrencies merely by erecting wind turbines is clearly not enough. Even worse, absolutely denying the sustainability issue may not louden the climate change alarm but will definitely drag the world further away from its long aspired green targets. At present, the blockchain industry needs real targets, serious innovation in the form of greener currencies such as Lunar Horizon and collective action to succeed.

Roadmap

Creating more equality in our universe is our aim. We intend to achieve this by making a  positive impact on not only the Lunar Horizon crypto community but on the wider community and the environment.  Positive change is just beyond the Horizon! 

Lunar Horizon Token Launch

  • Launching the most sustainable community friendly token in the universe.

Q2 2021

  • First charitable project selected  by the charity manager

  • NFT art platform conceptualization

  • BSC Scanner Registration

  • Regular newsletter to update on charity, roadmap and marketing activities e95b8ae9ea0f5e68a9c6272952238afb31aee226e36f3df60cab5b303607658b.png

Q3 2021

  • Roll-out of organised monthly charity donation events, including live-broadcasting and proof of each donation

  • Applying for Coingecko and Coinmarketcap listings

  • Start of the lottery within the Lunar Lounge, including automatic token burn

  • Launch of first NFT collection

Q4 2021

  • Establishment of charity partnerships with the intent of holder participation in projects

  • Release of the Lunar Lounge gaming centre!

  • Potential team expansion 

  • Diversified exchange listings

FAQ

Most frequent questions and answers

 

LUNAR HORIZON

The Lunar Horizon Token is a carbon neutral fair launch protocol designed to reward its holders and positively impact the planet

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Contract Address

0x2420f2f2001fed9e10ef60b0b92f74d926104755

 

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