Revolutionizing Metaverse and Crypto Banking
The hyper-deflationary token aims to burn through the supply of Luna Classic and bring passive income to investors in a one-stop shop for DeFi, GameFi, Metaverse and Crypto Banking products.
GUELPH, CANADA, March 09, 2023 (GLOBE NEWSWIRE) — The Lunatics are a group of like-minded individuals committed to limiting the availability of the Luna Classic. The hyper-deflationary LunaticsToken, built on the Binance Smart Chain, aims to disrupt the cryptocurrency industry. The main goal is to establish a reliable environment where investors can deposit their money. The project team intends to restore trust in the crypto industry by providing consumers with a safe place to store their money.
After a great success on the BNB Smart Chain (BSC), Lunatics Token (LunaT) is ready to launch on the Ethereum Chain. The Fairlauch pre-sale starts on 12 March 2023 at 17:00 UTC.
Further details on the pre-sale can be found here.
Metaverse Partnership – Exodus: Our Universe
Lunatics Token has partnered with Exodus: Our Universe, a new and exciting metaverse, to create an entire island known as Lunatics Island. This island will have a city of 4 square kilometers and 4,900 lots to choose from to live and build on. Investors will have the opportunity to rent retail space either in the city or on the beach to open their own shops, bars, discos and more. This partnership will provide an unparalleled metaverse experience for Lunatics Token investors and users.
benefits
Lunatics Token offers a multitude of services and incentives to its investors. The project has already created a decentralized exchange (DEX) and a crypto wallet, with future plans to create a lending/borrowing protocol, lottery, staking, NFTs and a variety of other DeFi tools.
The Lunatics Banking system will also offer debit/credit cards as well as a lending/borrowing mechanism, bridging crypto and fiat. The project has been audited, fully doxxed and KYC certified, and it is listed on CoinMarketCap and CoinGecko.
Lunatics Token is a potential addition to the crypto and metaverse realms, with over 100,000 social media followers, a confirmed presence on various platforms, and a dedicated LuniShop clothing store and LuniSpace social media platform.
Tokenomics
LunaticsToken tokenomics includes a 10 billion burn at launch, a 20% private sale with a vesting period, 35% presale tokens, 20% liquidity and 15% future development and centralized exchange (CEX).
The initial circulating supply of tokens was 90 billion. There is also a maximum wallet and transaction limit of 1% to prevent a single party from having too much power over the coin. Furthermore, there is no transfer tax when moving Lunatics Tokens from one wallet to another, giving investors flexibility.
LunaticsToken has carefully designed its tokenomics to match the goal of reducing the supply of Luna Classic. Each transaction on the Binance Smart Chain incurs a tax of 8%, with 1% added to liquidity, 1% burned to intensify the deflationary aspect, 2% allocated to marketing and 3% as a reward to Luna Classic holders. Furthermore, 1% Treasury/Delegate/Burning Tax is paid out of the contract.
As LunaticsToken becomes more popular, tokenomics will provide incentives for holders to remain committed to burning Luna Classic and contribute to the growth of the Lunatics community.
Transparency and security
When it comes to its investors, LunaticsToken prioritizes transparency and security above all else. The team has gone to great lengths to provide various levels of security, including using multi-signatures for contract ownership, marketing and burning wallets.
Additionally, the staff has been fully doxxed and has gone through the KYC verification procedure, giving investors confidence that they are working with trustworthy people. ContractChecker also audited the project’s contract, and further audits are planned in the future. LunaticsToken hopes to instill trust in the community and give investors peace of mind by prioritizing these security procedures.
Why Binance Smart Chain?
With Binance holding most of the Luna Classic supply and with low gas fees, the Binance Smart Chain seems the obvious place to start this journey. With their contract developer, Krakovia, coding their contract and keeping the community in mind, tokens for future development and exchange have been locked.
About the project – Lunatics Token
LunaticsToken seeks to build a community of like-minded individuals committed to reducing the supply of Luna Classic. The initiative is based on mutual trust and respect, and holders are rewarded with Luna Classic until the supply is exhausted. The team is dedicated to rebuilding trust in the crypto field by establishing a secure and transparent investment environment.
Furthermore, potential investors and cryptocurrency enthusiasts interested in Lunatics Token can visit the project’s official website or check out their social platforms for more details.
Website | Twitter | Telegram | Discord | Reddit | Facebook | YouTube | TikTok | DEXTools
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Exodus: Our Universe
Tymor Davies
https://exo-universe.io/
Disclaimer:
The information in this publication is not investment advice, financial advice or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor) before investing or trading in securities and cryptocurrencies.
CONTACT: Russel Robinson Lunatics Token lunaticsat lunaticstoken.com
