Moonconnect - Project with sound concept of creating most Decentralized and Fairly distributed token in crypto space.
With the rise of Bitcoin in 2009, the blockchain technology emerged effectively and gradually captured the market. Blockchain has knocked the door of new decentralized era in the market. The features and comforts of this technology took the attention of people and now it is accepted and trusted worldwide. Almost all the sectors of the economy are using & taking advantage of this revolutionary technology and developing rapidly by getting world wide access in the market without any third party involvement. Blockchain technology with its further innovations DeFi & NFTs has changed the course of mutual transactions as now tokens, real assets and financial transactions are possible on blockchain technology. With NFTs the unique tokens that are scarce in number are getting much hype in game developers & art creators.
What is Moonconnect?
Moonconnect aims to become the most decentralized and fairly distributed token. Decentralized means this project is using blockchain technology and it is operating independently. There is no need of third parties to involve and help to execute the transaction on this platform. The transactions in Moonconnect ecosystem are peer to peer and users can operate anonymously. Moonconnect is supporting all the DeFi applications & protocols and the MCONN token which is the native token of the platform is the best tool to use blockchain with its innovations and gain real income in this highly volatile and sophisticated market. Moonconnect model is derived from a combination of successful Defi projects with fantastic attributes which however lacked the mechanics to protect and provide sustainable incentives to its investors.
Fast Speed, Low cost and more Scalability
Moonconnect is operating on Binance smartchain as such this platform is allowing fast transactions with pretty low cost. This platform is more flexible and providing more scalability. Even when there is big rush in the market that is creating congestion in the market, the users of Moonconnect platform are able to transact easily & frequently with fast speed where the transactions are confirming on blockchain instantly. All the tools necessary to succeed on Binance Smart Chain. Utilities such as Live Charts, Coin Trackers, Wallet Trackers + much more built on Next-Generation Infrastructure are supported in Monnconnect’s ecosystem
Fair Distribution
Moonconnect is commuted to create a sound ecosystem where everyone will get equal opportunities on the platform from its initial stage so that will ensure the organic growth of he platform and the community will grow with the growth of the platform. Moonconnect's progressive distribution mechanism will track all recent transactions in the Binance Smart Chain and will randomly select eligible wallets that are controlled by human users and airdrop them with a specified number of $MCONN tokens. While 500 trillion tokens are going to be sent through this mechanism, all of the reflection rewards collected by the distribution wallet will be sent manually by other types of airdrops, bounties, and reward campaigns. Eventually more than 70% of total circulating supply will be distributed to at least 5.000.000 wallets.
With this fair distribution the Defi applications and protocols of the platform are working smoothly. There is no chance of flash loan attacks or price manipulations that will result in sudden dumps. Theses sudden dumps severely effect the liquidity mining and yield farming pools which forced the users to book heavy losses as there can be big impermanent loss because of sudden & huge price manipulation. So in this way Moonconnect is providing fund security to the users of the platform.
Rewarding End users of the platform
The smart contracts of Moonconnect platform have inbuilt deflationary mechanism and there is a tax deducted with every transaction of MCONN tokens on the platform. The 5% Tax deducted is reverted back in the system as it is distributed among the token holders of the platform. The distribution of 5% deducted tax is as per the holdings of MCONN tokens in the wallets of the platform. That will encourage the users of the platform to hold their tokens since with every transaction on the platform, the total count of their tokens is always increasing on the platform. Also because of Tax deduction on the platform, it seems good to hold instead of sell out the tokens reason being it is a deflationary token and with continuously decreasing supply and increasing demand, the price of the token will boom and the early adopters will gain more.
Ever Growing Liquidity pool of the platform
The remaining 5% of deducted tax for every transaction of MCONN tokens is added and reflected in the liquidity pool of the platform. That is making platform more liquid and with more liquidity, the platform is now more stable and there is very low variation in selling and buying price of the token on the platform. With more liquidity the transactions are executed with fast speed and buyers & sellers are getting good deals on the platform.
MCONN token
MCONN is the ticker of the native token of the platform. This token is a deflationary token as such with each transaction , the supply is reducing and with passage of time and when there are more transactions on the platform, the total supply will decrease drastically that will boost the price of the token. The initial supply was 1 quadrillion tokens and during launch. 30% of total supply is sent to dead wallet that has reduced the total supply to 700 trillion tokens and with every transaction the total supply is decreasing continuously.
Token Distribution
- 30% - Burned at Launch Forever
- 50% - Airdrop, Bounties & Rewards
- 10% - Presale & Liquidity (Locked)
- 5% - Airdrop Fees & Marketing
- 5% - Team & Development Fund
This project is a real gem to acquire. This platform is developed to create a healthy environment that is supporting technology developments in such a way that the community of the platform will get all the chance and support to grow in a healthy way with the growth of the platform. No matter there are dumps and manipulations going in the market, this platform is running effectively with a sound vision to counter the existing flaws and curb the bad actors of the market so that the community will enjoy best deals with proper fund security on the platform.
For more information visit the Website and join Telegram Group:
- Website: https://moonconnect.net
- Telegram: https://t.me/moonconnectNET
- Twitter: https://twitter.com/MoonconnectNET
- Facebook: https://www.facebook.com/MoonconnectNET
- Instagram: https://www.instagram.com/moonconnectnet/
Writer
- BTT Username: aksh2596
- BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1470247
- POA: https://bitcointalk.org/index.php?topic=5349741.msg57491033#msg57491033
- BSC Wallet Address: 0x6A3e456b79dAd0e766Ec89Be1e0EE3Fd09A28488