In addition to this business model, MoonShot is also looking into launching non-fungible tokens (NFTs) to reward users. As more transactions take place in the network, the net worth of every individual increases as well. Additionally, because they get paid for every transaction, every single Moonshot holder has an incentive to spread the use of Moonshot as much as possible. The key to success is just buying and holding. If no one is selling MoonShot tokens, the protocol would ensure that the price of MoonShot increases. What is MoonShot’s business model? They want to incentivize you to hold their MoonShot crypto tokens in your wallets. The liquidity pool contributes to lower volatility and a continuously increasing price floor.
Additionally, 6% of every transaction is added to the liquidity pool. For every transaction on the blockchain, 4% of the transaction value is paid out to the MoonShot holders directly. This payment is “self-regenerating” and “automatic” because it is coded into every transaction. A “liquidity providing” protocol is a blockchain that pays out money to the people who hold MoonShot tokens. Currently, over 300 billion tokens have been burned forever.Ī “protocol” is simply the description of the blockchain that underlies the crypto asset. MoonShot Crypto started with a total supply of 1 quadrillion tokens. “Deflationary” means the total supply of the crypto asset decreases over time. The technical term is that it is a “deflationary, self-regenerating automatic liquidity providing protocol”. MoonShot Crypto is a special type of crypto asset.
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