Illuminati Coin
Illuminati Coin is a cryptocurrency launched with a DAO mechanism. Here users will be able to participate in Illuminati Coin by voting system. In this way, Illuminati Coin will be able to create a cryptocurrency with the best and most transparent monetary mechanism. All monetarist practices will be left to the community and later the community has the right to vote. This will make Illuminati Coin a cryptocurrency with the best monetary practices, which will eliminate central authority or tax/algo transactions that are damaging to the economy. All this thanks to the DAO which is the core of Illuminati Coin and makes the platform decentralized. All policies will be carried out through a voting system, starting from proposals, rewards, etc., this will require review and voting from the community.
LUMIN Utilities
Lumin's main utility will serve as currency.
It is designed to achieve this from several areas: monetary design, on-chain utility, scaling solutions, community rewards.
Monetary design : In monetary terms, traditional cryptocurrencies are designed more like a store of value than a medium of exchange, as everything is pre-programmed to be completely deflationary in the long run. Such a design is very bad for the economy, as it limits consumption/production, but what is more relevant here is that it favors money earners over money spenders.
The money recipient wants to spend an alternative to the deflationary token, ceteris paribas. (If you can repay government debt in dollars and gold, you will pay in dollars.) This can severely limit the long-term use of such crypto transactions.
On the other hand, Lumin is designed to be adaptable, people can choose to keep Lumin hand in hand with the real economy, so that it does not benefit the recipient or the money spender, and will be easily accepted by both parties. As the monetary world evolves, this trend can help use Lumin as a currency in the long run.
On-chain utilities : Lumin will have its own DEX, NFT with other on-chain functionality and uses. It is designed so that Lumin owners can invest or keep Lumin for additional income.
Scaling solutions : We plan to build our own Lumin blockchain and other related scaling solutions in the future. It will be designed to be able to serve all countries for their transactions. Privacy and other functionality will be added later.
Community rewards : When the community votes to determine the monetary future of the system, the interests of all Lumin users can be closely aligned. In this case, the community may choose to reward vendors, payment processors and others who adopt Lumin for their transactions. It can also send some people to try this new monetary system.
With such a mechanism, Lumin can grow faster than any other crypto before, which has a pre-programmed treasury, or has a foundation or others, as the controlling interests of the foundation may not align with the rest of the community.
Features provided by Illuminati Coin
Illuminati Coin with its democratic system provides various features that make it not only a crypto with the best monetary mechanism but also rewards its users for their participation through staking. And not only that, there are several other features of Illuminati Coin:
Smart contracts: users will be able to see that all their transactions will be secured using smart contracts and that includes user voting. This is to ensure that all user activity is not manipulated.
Continuous Development: users through the proposal will be able to provide their ideas to bring metaverses, develop chains, and various other things to develop. It all depends on the user's vote, if the user agrees it is likely that Illuminati Coin will bring the metaverse to this ecosystem.
No Centralized Authority: users will be able to participate in voting systems that do not allow centralized authority.
Easy to Buy LUMIN Tokens: users can buy LUMIN tokens through PinkSale in collaboration with Illuminati Coin easily and safely.
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Competitive advantage
Lumin Coin has a competitive advantage that makes it one of the cryptocurrencies with the best monetary mechanism. This is not just a mere claim, it can be seen from the various features it offers:
- Decentralized system: Lumin Coin ensures that the community will take precedence in all decisions, so this will make Lumin Coin a platform without a centralized authority.
- DAO: Lumin Coin implements a DAO that allows the community to make their contribution by voting through smart contracts.
- Staking: Lumin Coin gives users the opportunity to participate in staking their tokens and later on they will be rewarded for it.
- Liquidity providers: Lumin Coin in its operations has provided 69 billion tokens to LP providers. So there is no reason not to join as an LP provider.
- Best monetary practices: Lumin Coin is committed to being able to implement best monetary practices so that it becomes a token with the best system.
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Token Sale
It is planned that the $Lumin Token will be sold through a token sale program that will be held in the future at PinkSale. By participating in this token sale program, users will be able to get $Lumin Tokens at a lower price than before the token was launched on the market and this will benefit users who invest early. To participate in this token sale program, users can read more details on the website and see more fully what requirements the user must meet to purchase this token.
Important Links
Website: https://lumintoken.com/
Twitter: https://www.twitter.com/LuminCoin
Telegram: https://t.me/LuminCoin
by ; zaka72 link: https://bitcointalk.org/index.php?action=profile;u=2579374
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