Introduction to MoonJungleBSC
MoonJungleBSC is a utility-first deflationary token. It is the fuel that will power the entire ecosystem of MoonJungleBSC projects, thus increasing its value by proxy. The MoonJungleBSC ecosystem is called Moon Apps, and these will be inter-connected applications that share utility amongst themselves and the token.
Holders of the MoonJungleBSC token will then be able to get cross platform utility simply by holding the token.
What does deflationary mean?
To say it simply, a deflationary token is one that reduces in supply with increasing transactions. In contrast to inflationary coins (Did I heard USD?), the value of the MoonJungleBSC token increases in reference to time.
The below chart visualizes what happens each time a transaction is made with the token. Note, a transaction here could mean either buying, selling or transferring the MoonJungleBSC tokens from one place to another.
The above technique ensures that the liquidity pool is constantly growing, thus enabling more trades to occur with sufficient liquidity with an every growing price floor.
The following describes the chart above:
- An 8% fee is automatically added to the liquidity pool to be locked forever when selling
- 2% fees are auto distributed to all holders
In addition to this, secure measures have been put in place to ensure that it is a fiar community token. Namely:
- 50% of the supply was initially burnt to a black hole. With this magnitude of a burn, coupled with a 2% fee, a strong holder will get a valuable rewards without moving a finger.
- All Liquidity LPs were burnt to lock the pool forever making it rugpull free and 100% #SAFU
- Ownership was renounced to the burn addresses giving MoonJungleBSC to the community, forever
Moon Apps
Moon apps will be an ecosystem of applications built with utility for the MoonJungleBSC token. These apps will range from games, to marketplaces to whatever the Moon community wants. The end goal is to generate recurring revenue through the products, sharing the profits with all the token holders. It’s a WIN-WIN-WIN!
Some examples of projects in the pipeline:
- 2 player games where users stake a portion of MoonJungleBSC and compete. Winner takes the pot.
- NFT trading games
- NFT marketplaces
- NFT moon rock hunts(hunt for NFT moon rocks and redeem them for MoonJungleBSC)
- NFT art shows. User’s create NFTs and showcase them to the community. Community votes with tokens and the winners of the contest will be sent MoonJungleBSC. All the voters will share in the prize pool of the winners
- Mobile wallets — useful for generating revenue even during bear markets. Portion of revenue generated will be airdropped to MoonJungleBSC holders.
- Education materials — Learn how to prevent scams, how to read smart contracts, tokenomics, basics of cryptocurrency and programing.
- Market analysis — Study other tokens as a community and help token holders avoid rug-pulls
The Roadmap and Future
The following are the things planned for the upcoming roadmap
- Finish Whitepaper
- Get Audit for smart contract
- Launch website
- Unirocket
- Coingecko listing
- Coinmarketcap listing
- Launch projects
- Whitebit listing
- Bitmart listing
- Binance listing
- Grow projects and grow the community
