LUNW Whitepaper
Introduction to LUNC Warriors (LUNW): LUNC Warriors (LUNW) is the native token of the LUNC Warriors NFTs project, with a total supply of 1 billion tokens. Initially, around 33 million tokens will be in circulation.
Utilities/Gaming Token: LUNW serves as a utility token with a gaming aspect, as it powers the Play-to-Earn game associated with the LUNC Warriors NFTs. Players can earn LUNW tokens by holding and using LUNC Warriors NFTs in the game, providing valuable utility to the chain and clarity to our project.
Play-to-Earn Game Incentives: 30% of the total supply (300 million tokens) is allocated for the Play-to-Earn game. NFT holders of LUNC Warriors will be able to play the game using their NFTs and earn LUNW tokens as rewards. This not only offers a fun gaming experience but also provides financial benefits to NFT holders.
Airdrop for NFT Holders: 10% of the total supply will be distributed through airdrops to LUNC Warriors NFT holders. The more NFTs you hold, the larger your airdrop will be. Additionally, there will be competitions and social media giveaways. Some of these funds will also be allocated for marketing purposes.
Tokenomics:
Team/Development: 5% of the supply will be allocated to the developers and team members as a reward for their hard work and contributions to the project. This allocation is small to ensure minimal impact on the community.
Future Development: 8% of the supply will be reserved for future development, such as adding new features, audits, and legal work. These tokens will only be used if necessary, ensuring they are preserved for the project’s growth.
Staking Treasury: 30% of the supply will be allocated to the staking treasury. Investors who stake their LUNW tokens will earn rewards, promoting price stability and offering utility to the project. The staking option will be available shortly after the token goes live for trading.
Circulating Supply: Initially, 3.33% of the total supply will be in circulation. This controlled release is intended to foster positive price action as the project gains momentum.
Reserve for Future Options: 8.67% of the supply will be reserved for future options identified by the community. If no critical use is found, these tokens will be burned. The decision will be made collectively by the community and investors.
Marketing: 5% of the total supply will be used for marketing to raise awareness of LUNW within the crypto space.
Team Token Lock Period: Team tokens will be locked for one year after launch. If an urgent payment is required, a small portion may be unlocked, but the majority will remain locked to ensure stability.
Conclusion: Investing in cryptocurrency always carries risk, so it’s essential to do your own research before investing in any project. The contract address of LUNC Warriors Token is renounced, ensuring that there is no risk of a rug pull.
About LUNC Warriors: The LUNC Warriors NFTs project was created by Saqlain Ali, a dedicated member of the LUNC community since the start of the crash. Saqlain aims to build a strong project on the Terra Classic chain and play a significant role in its recovery. The liquidity pool (LP) provided by the project owners will be locked for five months, after which the project may withdraw it.