Firemoon Token Review

Firemoon Token Review

Introduction

The Firemoon token, which was launched in November 2021, is named after the firemoon’s space. Its goal is to bring together all space enthusiasts and NFT collectors under one roof, and it is on a mission to expose crypto to the general public. This token is based on the Binance Smart Chain, which ensures that transactions are faster and less expensive than those on the Ethereum network. The team is committed to keeping the project’s liquidity at a safe level; hence the Liquidity is locked for 6 months. There are also no team tokens; the team has purchased tokens like everyone else.

Firemoon is a blockchain gaming ecosystem and metaverse that allows anyone to earn tokens by playing. What could be better than earning money while having a good time? Players will be able to acquire $Firemoon tokens and use them to purchase special in-game features and NFTs on the Firemoon NFT Marketplace, which is based on the Play & Earn idea. The initial game, “Firemoon World,” is going to be available in App and Desktop versions in Q3/4, with more levels and games on the way, as well as a robust marketing campaign.

Team’s Values

  • Transparency

Firemoon is a decentralized platform that is supported by a community of users. They promote open communication and believe that the three foundations of long-term success are trust, openness, and community.

  • Community

Firemoon is all about community, and they seek to include people from all walks of life. They encourage people of all countries to join them and form diverse international groups.

  • Trust

Trust includes complete transparency in all aspects of community and development, as well as security operations. Firemoon has its Liquidity and has been audited/KYC Certificated by third-party Interfi Networks. Since Mudra is locked, there are will be no team tokens. There are no rug pulls there; everything is SAFU.

  • Longevity

Firemoon will be around for a long time. In order to drive practical use cases, the decentralized community is supporting and implementing long-term ecosystem and foundation development.

BSC Binance Smart Chain (BSC) was created as a way to use solidity-based smart contracts at a significantly faster and more efficient rate than other competing chains. BSC has begun to become one of the most extensively utilized blockchains for Decentralized Finance, with decentralized exchanges on BSC delivering lightning-fast swaps and incredibly low costs (Defi). BEP-20, a token protocol created by the Binance Team, is used by BSC. It is known for its 5-second block speeds, which are substantially faster than ETH’s 20-second block speeds. The Binance smart chain has natural dual chain interoperability that will enable cross-chain communication and scalability of high-performance dApps with a fast and seamless user experience. It’s EVM-compatible, meaning it’ll work with all of Ethereum’s existing tools while also allowing for faster and cheaper transactions. Its on-chain governance, which is based on 21 validators who validate transactions and use Proof of Staked Authority consensus, will promote decentralization and allow for extensive community involvement.

Tokenomics

Token name: Firemoon ($FN)

Tax:

10% = Liquidity

8%   = Marketing wallet

1%   = To all holders

Total: 19% on every buy and sell

The recommended slippage of 21% is such so that your transaction never fails, or set round values such FN: 100000 or 111111 instead of 1323873486 when you buy. If you do so, the slippage should be set to 25%. You can buy with 0.1 percent slippage if you utilize round numbers.

The total Supply is 10.000.000.000.000.000 (100%)

Burn at Milestones will be (5%) or 5.000.000.000.000.000

Presale = No Presale

Liquidity (frozen) = (21%) or 21.00.000.000.000.000

Future Exchange Listings is locked = 100.000.000 (10%)

No Team Wallets, no Private sale = 0%

The Ecosystem

Firemoon is a community-owned, decentralized platform. To make Firemoon the best crypto community, they welcome and embrace a varied range of viewpoints. With a goodwill mission of assisting people all around the world in gaining access to a variety of nice things, such as their energy drink, they will be able to aid people all over the world.

LPs that are locked The Liquidity will be locked for 6 months before being renewed. Furthermore, liquidity receives 10% of all transaction fees.

The developer will release new NFT assets on a regular basis, taking into account the inflationary impact. Prior to the distribution of a fresh tranche of assets, an analysis of existing demand for assets from new users, growth in user adoption, asset availability on NFT marketplaces, and natural deflation of assets resulting from high-risk zone engagements will be done. All efforts will be made to minimize the detrimental effects of future sales on users and asset owners.

The NFT market

The Firemoon project intends to create a space-themed NFT marketplace where space aficionados can trade or display their precious NFTs in a secure setting with great graphic design, or post job advertisements for NFT creation activities. The vast bulk of the assets exchanged on the Marketplace will be obtained by performing NFT creation jobs. It is, however, also a location to keep track of assets acquired through pre-sales and idea sales. Other users will make bid offers or accept the price limit right away.

NFTs with the merge or upgrade feature will be available, they can be merged or upgraded on the marketplace by either purchasing the additional NFT required for the merger or using the tokens to complete the upgrade; both options will result in the initial token being burned and a new one being minted. All assets are considered deflationary since they lose value over time in normal economic activity. Unlike traditional marketplaces, this deflationary asset-burning mechanism assures that assets are distinctive and limited.

Firemoon

The Swap aims to offer no-fee transactions for token holders on any supported pair. The regular charge for non-token holders is expected to be low.

The use of tokens

Customers who are interested in using the value of their NFT assets or marketplace purchases can do so in a variety of ways.

Asset Speculator: Buying assets early in order to sell them later, rather than using them in the market.

NFT Marketplace customers that use the token to transact on The Silent Sea marketplace and pay no fees.

Discount on NFT

Each day, purchases of NFTs with The Silent Sea token can result in a 50% discount on chosen NFTs.

Mechanisms of swapping

Holders of a Firemoon swap may be eligible for no costs on any swap.

Link: https://www.firemoontoken.com/

Address: 0xbcb3757fa175bf7f9e6445d6e46fc693572e064e

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Sebastian

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