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Author Topic: [ANN] The World's First Inflationary Currency  (Read 138 times)
luckycredits (OP)
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August 22, 2019, 01:56:58 PM
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The World's First Inflationary Currency

A token that will never depreciate in value. LUCKY CREDITS.

The rules are simple

1) The token price starts at 1 TRX
2) Buy it, its price will increase.
3) Sell it, its price will increase.
4) Transfer it, its price will increase.

WHAT IF WE TOLD YOU THAT THE PRICE DOES NOT HAVE TO GO DOWN WHEN SELLING?

While it may sound like “magic” or somehow “hard to believe” when hearing about a token which
can only have its price appreciated, there is indeed no magic behind that claim but just an elegant
and simple formula.


How can we achieve that the price of the CREDITS does never go down? Simply, every time a transaction
is registered by our Smart Contract, like buying the token, selling it, transferring it, there is a fee of 10%
which is deducted and then spread over the whole current total supply increasing the price of the token,
the smaller the total supply…the bigger the increase, the bigger the volume…the bigger the increase.


We have designed the CREDITS to fix some of the common issues with community tokens, usually, tokens
with dividends do not benefit the community when contributors are withdrawing their dividends, price will
also fall when someone is selling and their advertised prices are only available  for the very next seller, no
need to mention that panic (organized?) selling does not generate enough dividends to cover the losses in
price, contributors are generally left with a constant fear for a sudden price drop and/or price manipulation


Unlike other tokens, the CREDITS does always contribute to the community no matter what transaction is done
because every single action is going to appreciate the price.  Since the CREDITS does not distribute dividends,
it is necessary to sell the token to book any profit which will, consequently, lower the total supply, allowing an
even better value increase during price appreciation phases.


At worse, price will stay the same or at best, price will go up and this is true even if everybody would decide
 to sell their portfolio at once. The LUCKY ecosystem is composed of a main base Smart Contract which is the
unique, decentralized and unstoppable exchange, a portfolio of an increasing number of original and fun games
generating streams of incomes and a token with a value which can never fall below its current one.


Official Site: https://luckynet.site
Official Telegram: https://t.me/luckynetwork
Tronscan: https://tronscan.org/#/contract/TVmnQdZF9Z4j7W56umoJKNAWWCGYaUCykS



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