LunaChow - A Community-Driven Token

By Cryptoflyer | Pflyer blog | 28 Jan 2022


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Meme coins are currently creating waves in the cryptocurrency space, they have created essentially a new way to spend your money and make a considerable fortune, but not without its own risks. The good thing about the Lunachow platform is that they have presented a platform that is addressing the cons of existing meme coins. The LunaChow project has created a platform that revolutionizes blockchain tokenomics, they have created a project with no private sales, there is no team allocation, with 100% fairness and transparency. LunaChow tokens that are sold goes through a public sale process, which has been set out to maximize stakeholder equity.

LunaChow is an advancement to the existing Meme Coins and the team has developed a revolutionary platform to address the challenges in this memecoin space and also offer high level of profit and sustainable growth to the users of the platform. Please don't be left out. This revolutionary platform is a community driven Project, in simpler term the people's token. The team has set out an unprecedented burn schedule, with a model that enables users to quite easily transact in the network’s native token while also benefiting holders on the platform over the long term. Lunachow is also partnering with reliable existing industry payment providers, which will ease operations in the platform, LunaChow’s worldwide applicability with a true fair launch has made it the perfect cryptocurrency for the future. It is energy-efficient, fairly launched, and governed exclusively by the lunachow community. The LunaChow community is ushering in a new era of cryptocurrency fairness and global adoption.

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LUCHOW is a decentralized digital currency that can be used as a medium of exchange or to facilitate a trade. It is a borderless democratic form of digital money with an inflation resisting measures. 99.9% of LunaChow are burned upon the project launch, and this will give room for the value of the initial burn to give rise to an increased value to token holders. Rather than spreading the burn mechanism over time, which can make users go through the forward pricing mechanisms and a very high possibility of market uncertainty in the crypto space, the lunachow platform has developed that burning mechanism to tackle that, and these are been done with the aim of delivering a latent value of a burn schedule to all users of the platform.

There is also an automated buyback program for the community, and this will continue to happen as LunaChow reaches the agreement of signing up with new exchanges, The LunaChow buys back a resonable amount of share of tokens from the token holders which makes sure the provision of the reacquired tokens to the new exchanges and as we all know that performing a buyback boosts liquidity and this minimizes price volatility which benefits all users in the community.

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CONCLUSION

LunaChow ecosystem has created something perfect for new and existing crypto users, we all want to avoid scams, unreliable projects, and eventual loss of funds that arises from malicious and poorly designed contracts. One vital part is the 99% burn mechanism that has been made to protect users in all ways from loss of principal funds

As you might be wondering why LunaChow selected the Ethereum network not forgetting the present high gas fees that is been associated with ethereum network or the significant layer two solutions that have started to ease the cost of transacting on the ethereum network! The thing is rather for lunachow to opt for a relatively unproven layer two solutions, the vast LunaChow team decided to partner with existing and reliable payment providers to enable the most flawless possible transaction experience for their community.

To learn more about the Lunachow project, here are some useful links;

Website: https://www.lunachow.com/

Whitepaper: https://lunachow.com/whitepaper/

Twitter: https://twitter.com/LunaChoww

Facebook: https://www.facebook.com/lunachoww/

Telegram: https://t.me/LuChow

Instagram: https://www.instagram.com/LunaChow.io/

A sponsored article written for a bounty reward.

Writer bountyox Username: Fifunmi

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Cryptoflyer
Cryptoflyer

I am a content creator and crypto enthusiast


Pflyer blog
Pflyer blog

A crypto enthusiast and Writer

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