Blockchain
Lunar (LNR): The DeFi ecosystem and reward token that aims to streamline microcap crypto investing
Microcap cryptocurrencies, that is cryptocurrencies with under a $50 million USD market cap, are one of the industries fastest growing segments, and for good reason. These crypto projects generate insane returns with relatively little investment, reaching ROIs as high as 50,000% within weeks. With that being said, actually participating in these returns is easier said than done.
Take Binance Smart Chain (BSC) for example, one of the most popular blockchains for trading microcap crypto tokens. In order to purchase tokens on BSC, investors have to navigate at least three different applications: one to purchase the native Binance Smart Chain Coin (BNB), a wallet to hold the BNB, and an exchange to swap the BNB for other Binance Smart Chain tokens. On top of that, the integrations between these applications can be buggy and difficult to enable, leaving new, and even seasoned investors frustrated and potentially unable to capitalize on the next opportunity.
The team at Lunar DeFi plans to change this with their Lunar DEX Wallet, an application that aims to revolutionize microcap cryptocurrency trading by unifying the entire process under a single, streamlined platform. Their goal is to bring a Robinhood-like user experience to microcap crypto investing, making the process far less difficult and time consuming for seasoned investors, as well as significantly reducing the barrier to entry for new investors.
The Lunar team doesn’t plan to stop here. The Lunar DEX Wallet is one component of a larger DeFi ecosystem they are building, one that rewards those who participate.
The Lunar Token (LNR):
At the core of the Lunar Ecosystem is the Lunar Token (LNR), which distributes 3% of LNR transactions and a percentage of Lunar DEX Wallet transactions to holders in passive earnings, allowing the community to benefit from the success of the ecosystem beyond the increase in value of their holdings.
In addition, 3% of LNR transactions are sent to a liquidity pool to facilitate trading and stabilize the token’s value, and 5.5% of transactions are sent to a growth wallet that is used for marketing, development, and strategic buy-backs/burns of LNR. These buy-backs/burns are employed as a counteractive measure when prices or trading volumes are low to increase the value of the token and discourage early selling.
There are also anti-whale and anti-bot mechanisms built into the smart contract. A 1% maximum trade size and a 3% maximum wallet size limit has been implemented to prevent individuals who hold a substantial portion of the total supply from being able to significantly influence the price of the token. The team plans to implement and release an anti-bot mechanism on opening day aimed at clamping down on automated trading, while allowing human investors to trade freely.
NFTs with Passive Earnings:
The Lunar Ecosystem will also include its very own NFT collection, Lunar Legion, that distributes 0.5% of LNR transactions to holders. This is the first step in their eventual goal to bring the streamlined user experience of the Lunar DEX Wallet to the world of NFT investing.
The founders have noticed that the NFT space suffers from the same fragmentation that exists within the microcap cryptocurrency vertical. Which is why they plan on building a unified, frictionless NFT trading platform that fits neatly into the greater Lunar Ecosystem.
The Lunar team is in a solid position to make these visions a reality. Their team is composed of highly talented developers, marketers, designers, and serial entrepreneurs who have successfully grown companies and shipped software in past ventures.
The project also has promising traction already. Within 48 hours of publishing their website, their private sale completely sold out. They’re seeing over a 38% conversion rate on Telegram members becoming private sale buyers, and the average contribution per buyer is 1.17 BNB ($614.81) at the time of writing this article.
The Lunar community is already becoming one of the most engaged, passionate communities in the space, and the team believes it due to the vision, relentless focus on quality, and set of core values it’s built upon. With the growth of the cryptocurrency industry showing no signs of slowing down, the Lunar team is confident that they will live up to their name and grow the project to the moon and beyond.
Blockchain
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Blockchain
Teletubbies Digital Companions to Launch on the Tezos Blockchain
MetaPals, an AI digital companion platform, is partnering with WildBrain’s beloved Teletubbies to bring together cherished childhood memories and the innovative digital era with the launch of the Teletubbies AI digital companions on 20 April, 2024.
As Teletubbies commemorates its 27th anniversary on 31 March, the collaboration marks the beginning of an exciting array of renowned IPs joining the ‘MetaPals Multiverse’ in 2024. Through the use of AI and blockchain technology powered by Tezos, much loved Tinky Winky, Dipsy, Laa-Laa, Po, and even Noo-Noo have become personalized, evolving digital companions within the MetaPals browser extension game engine.
The Teletubbies characters integrate with users’ daily browsing experience that accompanies users across the web, offering both playful interactions and practical assistance. This technology not only brings these fun characters to life in new, interactive ways, but also helps to enhance the mental well-being of users by fostering a sense of companionship.
Each Teletubbies companion within the MetaPals Multiverse will exhibit unique personality traits, offering users a diverse and dynamic experience. With personalities distributed across 5000+ Teletubby companions along a spectrum, users are guaranteed a one-of-a-kind experience, ensuring enjoyment for all and opportunities to foster new connections with this nostalgic brand.
Max Giammario, CEO of MetaPals, said: “Through this collaboration we’re not just revisiting Teletubbyland, we’re reinventing it for the digital age. By weaving in AI and blockchain, we enable the Teletubbies characters to evolve, interact, and form unique bonds with users, embodying our vision of dynamic digital companionship. With a bit of ‘MetaPals magic’, the Teletubbies are exploring beyond the hills and far away, ready to play, in ways we’ve never imagined.”
Melissa Goodrich, Director, Franchise Strategy at WildBrain, said: “We’re excited to see our colorful quartet come to life in new ways through this unique digital experience for fans. As we celebrate 27 years of the perennially popular Teletubbies franchise, this latest collaboration encapsulates the essence of childhood nostalgia while embracing the limitless possibilities of the digital age.”
Jason Lim, TZ Apac Games Adoption Team for the Tezos Ecosystem, said: “MetaPals will be pioneering the convergence of iconic IPs such as Teletubbies with the limitless possibilities of the Tezos blockchain. I can’t wait to see the magic they are brewing up next.”
The post Teletubbies Digital Companions to Launch on the Tezos Blockchain appeared first on HIPTHER Alerts.
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