LUNI Whitepaper (Plain)

MeAI

8 min readDec 7, 2021

Our website: https://www.luniofficial.com/

PDF version of whitepaper is available here:
https://tinyurl.com/LUNI-WhitePaper

INTRODUCTION TO LUNI

LUNI is a decentralized token which brings benefits and entertainment on Terra Network.

We created our project to bring amusement and new features to Terra blockchain.

Terra chain, created in 2018 and launched in
2019 is a secure, decentralized and
perspective modern network based in South
Korea.

Prior to LUNI release, founders conducted
thorough research and analyzed multiple
independent chains such as ETH, BSC, SOL,
ADA, NEAR and many more to estimate
which one is the best platform to launch new
token in November 2021.

Terra won decisively.

LUNI’s core functions and utilities:
• Integration with NFTs
• P2E games
• Staking and reward system
• Mobile application
• Terra based wallet
• Real events for the community
• LUNILAND

OUR TEAM

Our core team (as of Dec 3–12 people and growing) consists of talented and
experienced people who used to work for various large corporations in Europe, like: Microsoft, IBM, HPE, UPS, Nokia, Siemens.

Due to that fact, we are familiar with IT processes, best practices, quality and product management in general.

Our team has comprehensive knowledge about backend, frontend, marketing,
advanced management, graphics and social media.
At some point we decided to become digital nomads to use our knowledge and become more independent.

We carefully designed all phases and specific events accordingly to previously executed research.

MOONMAP

Phase 1

Contract deployment

We initialized CW20 smart contract from Terra Station according to the documentation and best practices. Generic CW20 contract was already audited by Terra making it secure from the very beginning.

Token launch

10.000.000.000 $LUNI tokens were minted. Details about exact distribution can be found in Tokenomics section. To create the initial trading pair LUNI/UST on TerraSwap, we provided 15,000 UST and 6,000,000,000 $LUNI from our private resources.

Listing on TerraSwap

TerraSwap is the original and the biggest decentralized exchange (DEX) on Terra blockchain. LUNI is available on it from 13/11/2021.

Liquidity token burn

Shortly after the launch we threw away the ‘key to the safe’ by burning 100% LP tokens sending them to ‘dead’ Terra address.

Proof:

https://tinyurl.com/LUNIburn1 | https://tinyurl.com/LUNIburn2

Audits

Generic CW20 smart contract was already audited by Terra. Despite that we applied for additional audits from 2 different providers.

Social media appearance

We started our activity and promotion on Twitter, Telegram, Discord, YouTube and Instagram.

Phase 2

Website release

We have already released V3 of our website. Current website will be upgraded in the future to support integrated TerraSwap, Hallswap, LUNI and NFT staking system.

Listing on Coinhall, CoinMarketCap, CoinGecko

We applied for listings on the most popular price-tracking websites for cryptoassets shortly after the launch. LUNI is already listed on all mentioned platforms.

Marketing

Our marketing team designed a strategy and began implementation. Our aim is to be visible and recognized on key social media platforms like: YouTube, Reddit, Twitter, TikTok, Instagram.

Special events for the community

LUNI should bring entertainment to Terra network. We already created multiple different contests and test web versions of P2E games with prizes. More details can be found on our website in current events/news section.

Exclusive Genesis NFT lottery for 200 early investors above 1000 UST

We created 50 unique, hand-made NFTs with special staking function. Those NFTs were the prize for our early supporters in a dedicated lottery.

Scheduled token burn

According to our Tokenomics, we will burn at least 15% of total supply (1,500,000,000 $LUNI) to reduce amount of available tokens which can enter circulating supply. First planned burn event was executed shortly after the launch.

Phase 3

Unique NFT launch (handmade)

We live in Bali, the island of artists and handcrafted items. One of our NFT collections will be handmade physical Balinese style LUNI related paintings, digitalized and uploaded to Terra NFT marketplace. Like all our NFT collections, this one will come with functions and utilities. Physical paintings will be sent to the original buyers.

Staking with token and NFT rewards based on staking period

LUNI will be available for staking with fixed APY directly from our V4 website. Additionally, planned staking development phase 2 and 3 will integrate Genesis LUNI NFTs with staking system. That means if a person stakes both $LUNI and Genesis NFTs, it will be possible to increase APY according to the following formula:

There are 3 types of released Genesis NFTs and 1 planned:

- Common (24 of 50): give you an extra +10% reward to the base APY [X]

Reward: X + 10%

- Rare (16 of 50): give you an extra +15% reward to the base APY [X]

Reward: X + 15%

- Epic (10 of 50): give you an extra +20% reward to the base APY [X] and rewards are additive.

Reward: X + 20%

If you have 2 epic NFTs your reward will be:

X + 20% + 20% = X + 40%

- Legendary (only 1 item in the whole collection): takes any existing APY [X] and multiplies it by 3.

Reward: 3 * X = 300% X

Mobile application

We are planning to develop and release a LUNI mobile application for Android and iOS. Application will have multiple functions listed accordingly to development priority:

P2E games with centralized database for leaderboards
Integrated LUNI chart
Integrated portfolio to track crypto transactions/assets + push notifications
Twitter feed
Promotional codes
Dynamic gallery with the best LUNI memes created by our community

Partnership with influencers

We will establish partnerships with noticeable, professional crypto influencers and other Terra based projects. Other chains like Solana (cross-chain activity) will be included in the next phase. We are only aiming for high quality content.

Centralized exchanges listing

We have received offers from various CEX (tier 1, tier 2, tier 3). Our plan is to be initially listed on one tier 3 CEX and one tier 2 CEX. Tier 1 will be considered in the next phase.

LUNILAND map and NFT design

Our team has already started working on the design of the unique metaverse.
The map will consist of plots, various objects and different terrain to reflect consistent and alive LUNI game world. The mechanics will be connected with new NFTs, which will provide special skins, businesses (passive income) dependent on plots’ location, and landlords coming with various distinctive properties.

Phase 4

Strategic partnerships

Once LUNI is a well recognizable brand, we are planning to establish crucial partnerships with tier 1 CEX, top crypto YouTubers and cross-chain integration mostly related to NFTs, especially from Solana blockchain.

LUNI wallet deployment

This is going to be a very complex development task but with the proper team and experience gained from the previous phases, we will be able to deliver mobile based Terra wallet integrated directly with previously deployed mobile application and P2E games.

The initial goal is to have basic functionality for storing/sending Terra based coins and tokens.

The next step is to integrate DEX into the wallet and finally cross-chain operations using services like wormhole bridge.

Real life events for stakers based on ticket system

We will create unique events in Bali and in Poland for our top LUNI stakers and lottery winners.

There are few tiers designed depending on the amount of staked LUNI. The biggest holders and very lucky lottery winners will be invited to our events in Bali with all expenses covered.

Exemplary planned events:

Crypto seminars
Crypto parties (mostly in Bali)
Holiday packages

We already have the first theme party designed, to be executed at the early stage of Phase 3 for local (Bali) crypto enthusiasts, influencers and artists.

LUNILAND plot and NFT sale, game design

Once the initial LUNILAND design is ready, we will start distribution of plots and NFTs using a new platform. At the same time, independent team of developers will begin game development.

Phase 5

LUNILAND game release

Our first goal in phase 5 is fully functioning LUNILAND. The game will be integrated with our NFTs and real life events. We know this is a complex task but we are fully prepared for it.

… and this is not our last word

TOKENOMICS

We minted 10,000,000,000 $LUNI tokens before the launch.

There was no IDO/ICO nor private sale, only fair public launch to evenly distribute tokens.

As a result of described approach, the biggest wallets hold about 5% of TS what guarantees stability within the system.

Even founders and team members had to buy LUNI like everyone else once the token was launched — no OTC and other suspicious actions popular on different chains.

Public sale (60% of TS)

6,000,000,000 $LUNI tokens were paired with 15,000 UST to create tradeable asset on TerraSwap during the launch of the token. Everyone who wanted to invest early had that opportunity without any additional steps.

To be burned (15% of TS)

1,500,000,000 $LUNI tokens will be burned by removing them from TS and sending to a special Terra wallet which acts as a black hole. Burning is important to ensure that circulating supply will not be increased drastically in the future, what would create undesirable inflation.

Marketing and growth (10% of TS)

1,000,000,000 $LUNI is kept as a reserve for all marketing related actions. That includes paid promotion, prizes for the community and special marketing events. This wallet is not locked as marketing must start at the very early stage to be succesful.

Ecosystem reserve (10% of TS)

1,000,000,000 $LUNI was initially locked for 1 month and is dedicated for events planned in the future. That includes listings on DEX, CEX and rewards for staking.

Team wallets (5% of TS)

There are two team wallets and each of them has 250,000,000 $LUNI. Both wallets are locked initially for 1 month and will be used in the future to grow our team by hiring new blockchain specialists like developers and analysts.

PROJECT WALLETS

LUNI project is fully transparent from the very beginning.

All public transactions are always broadcasted to our community on Telegram and recorded forever on our Discord channel for further analysis/audit.

Mint & burn wallet

https://finder.terra.money/columbus-5/address/terra18502ch9r0a0xer3s7300jcpj9tkuhfr8vrg7jf

Marketing and growth wallet

https://finder.terra.money/columbus-5/address/terra1z765dqflgvlw85j8qmsqpdev6vu7m4c7zpn3nl

Ecosystem reserve wallet

https://finder.terra.money/columbus-5/address/terra1aq6ypg4j83zx0lfqfk3u7v5g4qrnrn49rupsva

Team #1 wallet

https://finder.terra.money/columbus-5/address/terra10rkd26lvk6420l6u8p69smn254ucjfge8aw0qw

Team #2 wallet

https://finder.terra.money/columbus-5/address/terra1tq7duq4e72ghy5sqjs5m4hmv9us9fskzz8p5zk

WHY US?

Engaged, experienced and determined professionals with hands-on approach to constantly deliver value of an extraordinary token
A diverse team of 12 (and growing) bringing quality from 3 continents
Full transparency from day 1 — e.g. tokens being burned as communicated, rewards for contests being constantly given out
Designed, organic growth instead of exponential one to avoid pump and dump
Responsive and trustworthy team, always listening to the community and introducing valuable feedback
Carefully designed plan being executed on time, step by step
Long term checkpoints & goals to become the most popular token on Terra network with unique features