If you have not heard of this project, please take a look at their website below.
- Moon has been going super viral in Asia!
Moon Vietnam Telegram crossed 500 members, along with Moon Japan, & Moon Thailand, which has also surpassed 500+ members each.
> What are some key features of the project?
- The main feature that makes MoonCoin stand out is that every transaction will have a 10% fee of the transferred amount (other than the buying fee, which has been disabled to attract new buyers).
The 10% fee has been split up like this:
- 4% Permanently Burned
- 4% Given to Stake Holders
- 2% Referral Pool Share
So no matter what you do, $MOON is constantly being reduced. This is very good for the long term holders.
The team has done very well executing the launch and all major milestones on their roadmap have been delivered smoothly.
Since the 4 days that the staking went live, they've already burned more than 5M $MOON! That's crazy! 😎
I have to say the burning mechanism is really on "fire" and the user interface is superb with the new update!
Also, another great achievement for the project is that almost half of the total reducing supply (245m -- which is reducing with every transaction) is staked as of right now.
So 111M MOON are staked -- Percentage of Total Supply: 45.48%. (which shows people are holding it for the long term)
With those numbers, you can very well say things are going exceptionally well so far for the project.
But don't let the numbers fool you, the team and community are even better.
The team is very dedicated to the project and listens to the community, hands down.
One example that I was very impressed with was that they disabled the buying fee (10% of a transaction) in less than 24 hours after launch, due to the community's request.
I could not believe how fast and effective the team is! Really shows that the team is open to new ideas and all about the community!
Other big updates that have helped make the project even more trustworthy than it already is:
>They have two independent security audits of their smart contract that can be seen below.
> Proof-Of-Liquidity - The project's liquidity has been officially locked to increase security and community trust. ($10,000 in liquidity tokens! Locked forever!) Which means no one, not even the team members or anyone else in this world can ever remove the core liquidity. Nice, right?!
> Well this is even better... the team has agreed to LOCK up ALL their tokens at product launch so they cannot dump on you (July 11).
- Unlock of team tokens will follow these rules:
- Full lock for one month after product launch (July 11)
- Gradual release of tokens - 20% per month
- Total: 7 months for full release of their tokens
I know I have written a lot about what $MOON has been doing, but there is still more to come!
Upcoming Events:
-
New exchange listing (hopefully with trading competition -- would make the burning rate skyrocket exponentially)
-
Dapp development.
-
DAO allocation for their development fund will let community members vote and decide on resource allocation and future updates to the project!
---------------------------------------------------------------------------------------------------------------------------------------------
-
MOON referral link program went live recently, so you can gain dividends from referrals, which will grow the community.
-
How do referrals work?- Each user who has staked 10K or more MOON will receive a unique referral link. If your link is used, and 10K+ MOON are staked, you’ll earn 2% of their staked amount, which will be paid from the referral pool.
-
If this was helpful to you in any way please use my referral link below, and get your own as well: Stake your moons!
Hopefully, you do!
And start spreading the word about the most sensational coin on Uniswap!
* The team is working hard behind the scenes. I know there are a lot of people sitting on the sidelines, waiting for the right time. The right time is now. This project is only going to gain more and more traction. *
More information on the project:
- Website: https://moon.dev/
- Telegram discussion channel: https://t.me/mooncofficial
- Discord: https://discord.com/invite/Ww7T4uN
- Medium: https://medium.com/@moonologist
- Their GitHub: https://github.com/ethereal-nfts/moon-sc-core
