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.
"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.
