Illuminati Coin
Hello friends. If you love cryptocurrency even for six months, you probably know about PancakeSwap, One of the most popular projects in recent years. PancakeSwap has by far the most users of all decentralized platforms. And those users now trust the platform with over $12 billion in funding. It's popular, reliable, functional and also profitable, but it's still not perfect, and over time everything needs improvement and that's what our project is all about. We take one extra step to become the perfect crypto project.
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.
Cryptocurrencies run on a distributed public ledger called a blockchain, an updated record of all transactions held by the holder of the currency.
Units of cryptocurrency are created through a process called mining, which involves using computer power to solve complex mathematical problems that generate coins. Users can also buy currencies from brokers, then store and spend them using cryptographic wallets.
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.
If you own cryptocurrency, you don't own anything tangible. What you have is a key that allows you to move notes or units of measure from one person to another without a trusted third party.
$Lumin is the first cryptocurrency where monetary policy can be adjusted, and is determined through direct democracy. It uses many voting procedures that are optimal for smart contracts to provide democratic tools for its users. As a result, this created a community banking system, which replaced central banking in traditional finance, and also improved the inflexible deflationary algorithms and the largely ineffective DAO used in previous crypto projects.
Lumin combines the best of traditional finance and the blockchain world to address the issue. Monetary policies will be adaptable, but more importantly, they will be under direct democracy, with policies proposed and voted on by every member of the $Lumin community. There is no bureaucratic role held by a special entity. During the annual voting session, anyone can propose, vote, or enforce a chain policy. Because the contemporary economic situation can be taken into account, society can collectively decide the best public spending, and stimulus, both for the economy and itself, and include an increasing share of the public in this more advanced and transparent system.
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 deflation 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 utility: 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.
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.
LUMIN ROAD MAP
Summarizing
Lumin Coin wants to present a token with the best monetary system that will involve the community through voting. Lumin Coin will provide best monetary practices, which will not allow centralized authority or tax/algo transactions that damage the economy. With various features such as stakes, liquidity providers, etc., it will empower users by providing fairly high rewards. So with what Lumin Coin has to offer, it will be the best token in the crypto market with the best monetary system and empowering its users.
Useful links
Website: http://lumintoken.com/
Telegram: https://t.me/LuminCoin
Twitter: https://www.twitter.com/LuminCoin
Lamonganz https://bitcointalk.org/index.php?action=profile;u=3198651
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