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1  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] - LUNALAND - A digital currency harnessing the power of the Blockchain. on: July 20, 2021, 06:56:15 PM
I don't understand how this could have a potential value in the future. No utility = no value.
Very true. LMAO.
These guys is just marketing this token as "store of value" which I think many stablecoins nowadays could easily fullfil.  Wink
"Stable" is the key word; which would mean minimal or zero risk of losing its value in the near future.
Also, seeing the "LUNALAND" project name, I honestly though it has something to do with owning a virtual patch of land on the moon. LOL

Yes all cryptocurrencies actually could fulfill this. In fact all currencies in general could state this as their aim, or any commodity, financial derivative or other investment products with no inherent real world use past the belief of people that at some stage in the future the price will appreciate.

That does not invalidate this as a goal. A legitimate goal is to try to create a digital currency which be used as 'internet money' if you will and could potentially be used as a store of value if the price appreciates and a big enough community is built around it.

Whether we will get there remains to be seen. But your point about this somehow being laughable as a goal shows a lack of depth in your thinking.

You can have a legitimate critcism of the project or team being able to execute this, but not criticise the idea in an of itself in my opinion. But again, everyone is entitled to their opinion.

LunaLand the name is a play on the 'to the moon!' rallying cry from small time investors from WSB, to SSB and beyond and we like this aspect of it. Again, if something sounds like a meme doesn't necessarily mean it is illegitimate, although many projects in this space are.

To all the criticisms out there, we don't mind. We just leave you with a quote from Theodore Roosvelt:

It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.
2  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] - LUNALAND - A digital currency harnessing the power of the Blockchain. on: July 20, 2021, 06:46:39 PM
Found something that makes me curious, has the presale price been fixed to $0.01? as I see in the website, whereas in the bounty thread
https://bitcointalk.org/index.php?topic=5346492.0 the price is $0.005 per token, what's the real deal for presale?

Round 1 presale price was $0.005. Round 2 now price is $0.01. Presale is closing within 20 mins so next up you will be able to buy on pancakeswap from tomorrow!

Stage 1 was lower as the earlier you invest, the more risk you accept, so we had to reward early investors with a lower price.

Investing in a startup is generally more risky then investing in an established company. Hence risk/reward must be appropriate.

Regards
3  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] - LUNALAND - A digital currency harnessing the power of the Blockchain. on: July 20, 2021, 06:44:53 PM
I don't understand how this could have a potential value in the future. No utility = no value. I don't see how this digital money could compete with others unless you have Elon musk in your side. I just hope everyone who invest here should read first before investing to you.

that is the challenge of most projects here. how they can survive in this market if they have no tangible use case to begin with. they need to offer services where people can easily understand and use it in their everyday life. otherwise, this will just be another abandon project very soon.
because if they fail to attract users and investors, i dont think the team will have the enthusiasm to move forward. unless, they already put a lot of their own money on this project and they wont accept failure.

We like this take here to be honest. Most projects face this. We have invested our own money to date. We have not taken a single penny from investors out of the project. We are passionate and will work hard.

I know most projects will say the same thing. I am not trying to convince anyone of anything. Everyone should do their own research and form their own opinion. We owe a certain duty to investors to at least try to fight to make something.

There are no guarantees beyond the fact that we will be the last one's to give up hope...
4  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] - LUNALAND - A digital currency harnessing the power of the Blockchain. on: July 20, 2021, 06:42:21 PM
I don't understand how this could have a potential value in the future. No utility = no value. I don't see how this digital money could compete with others unless you have Elon musk in your side. I just hope everyone who invest here should read first before investing to you.

To each their own. We believe we can make something valuable. The best thing is that many projects out there. If this does not appeal to you, you can invest in something else. No one is forcing anyone to invest in any project they see no potential in.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: This is heartbreaking on: July 12, 2021, 10:09:16 PM
Actually,  it more than heartbreaking,  it is  an infestation!  The spam of new coin on ethereum and binance chain especially is shameful  and I hope somebody do something about this.  Although you may not able to stop anybody from creating spam project but you can make it expensive for them to do so!

Yes we should make it expensive for people to create projects. We should also regulate the industry. Let's get Wall St, big tech and the government to step in and stop this nonsense. That's what true decentralisation is about.

We need a nanny state to protect people from everything dangerous.

Only projects with a real world use case, that have a ton of complexity and a ton of risk should be allowed to exist. We should have the same thing in the traditional startups. We can't allow 90% of startups to fail, we must ensure that only projects that actually have 90% chance of success get off the ground.

Because as we know, projects with a real world use case don't have any risk. There is no execution, team, market, technology risk with projects that have a use case. You basically invest money into those and you're pretty safe.

The same thing needs to happen on the internet as a whole. More regulation, more centralisation, more censorship to make sure we can eliminate most harms.

For a comment on a forum such as this, I would have expected better informed and more erudite response.

Bad players will always exist, bad projects will exist, bad execution will exist, money will be lost, people will get scammed, people will fall victim to others.

Even more so in cryptocurrency or any emerging industry. It's the same with the internet, people get scammed by Nigerian emails scams, fake calls, phishing SMS, etc etc.

The solution is not regulation but eduction and innovation.

And not every project that is successful is so because they have the best product or the best team or the best execution. This is suvivorship bias. If we knew the recipe of success and why some succeed and some fail we would all be millionaires.

Vine failed, TikTok succeeded. Same idea.
Myspace failed. Facebook succeeded. Same idea.
Doge succeded, a lot of more legitimate real world use case projects failed.

crypto is about free markets without the bounds of big players that want to protect their monopoly. This will inevitably attract a lot of scammers. It does not mean every meme crypto idea is a scam, it also does not mean every idea that doesn't have a 'I want to change the world' mentality and application is going to fail.

Business is about making a community and making people belive something has value. If enough people believe it and promote it it can succeed. What is the true value of a piece of paper that is a currency (USD, GBP)? That paper is effectively worthless, what makes it have value, is that enough people believe that it is going to be accepted by the other guy as a medium of exchange. That is all. That works until it doesnt. Take a lesson from history when hyperinflation takes hold, how much a currency is actually worth. From Germany, to China, to Venezuela to the Soviet Union.

Scammers need to be driven out, but not legitimate people with project ideas. Even if you think those ideas stupid.

Don't do a deservice to all of us by bunching up what you think of as a stupid idea with a scam. There is a vast difference. Once is morally, legally and ethically wrong. The other is none of those.

We need more information/education/data to seperate the legitimate from the scams. Not a subjective opinion on what is stupid vs what is good.

If you hold the power to decide subjectively who gets a chance vs who does not, you're no different than the dictators of the past. And ultimately that power will come for you.
6  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] - LUNALAND - A digital currency harnessing the power of the Blockchain. on: June 27, 2021, 05:23:51 PM
SUPPLY BURN - 99.96%
lol, almost all of them Grin
I was surprised to see the way you sell your tokens, the payment methods are paypal and coinbase, not commonly used by the current crypto trend, which usually use https://pancakeswap.finance/ or in https://app.bounce.finance/ What is the reason for all this? What is certain, that it will not make it crowded, even it feels difficult for me personally.

Yeah, 99.96% burn, They should have started with 440 Million supply instead of minting 1 trillion tokens  Huh Its all just marketing play and im sure zombie like followers will surely invest when they see 99.96% supply has been burned

I understand the point, but the reason for such a large burn and large initial supply is that we want to keep the token price low to ensure that any early adopters have a good exposure to any upside momentum when we do burn 99% of supply. If the initial token supply was 440M, keeping the price the same as when we start with 1T does not make sense.
7  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] - LUNALAND - A digital currency harnessing the power of the Blockchain. on: June 27, 2021, 07:40:25 AM
SUPPLY BURN - 99.96%
lol, almost all of them Grin
I was surprised to see the way you sell your tokens, the payment methods are paypal and coinbase, not commonly used by the current crypto trend, which usually use https://pancakeswap.finance/ or in https://app.bounce.finance/ What is the reason for all this? What is certain, that it will not make it crowded, even it feels difficult for me personally.


We will be launching on PancakeSwap next month.

We currently have our pre-sale direct through our website with the payment options you mentioned; we want to reward early investors by giving them early access to buy direct through our website while we continue to optimise our project.

Our big launch will be in 22 days!

 Smiley
8  Alternate cryptocurrencies / Tokens (Altcoins) / [ANN] - LUNALAND - A digital currency harnessing the power of the Blockchain. on: June 26, 2021, 03:14:11 PM



           
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