PARIS, FRANCE, June 09, 2022 (GLOBE NEWSWIRE) — The Luna Inu (ticker LINU) group is worked up to announce its decentralized and revitalized undertaking. The aim of Luna Inu is to advertise decentralization, community-based workflow choice making and firm construction, and prevention of scams within the crypto house.
About Linu
Linu is 100% community-owned and decentralized. Linu’s targets are to propel the crypto business towards decentralization through the use of memes as instruments for change. The motion was born out of the monetary disaster of the Terra Luna collapse, which was a centralized undertaking whose errors affected many buyers.
The Linu decentralized group skilled its personal adversity early within the undertaking, with centralized dangerous actors vying for management. The group banded collectively and flushed out these dangerous actors. The group triumphed and the undertaking was revitalized. Decentralization received.
In response to the group, the code is a 1:1 clone of Shiba Inu. The contract is renounced, minimizing the chance of a “rug pull” or stopping centralization. The token’s preliminary liquidity is locked for 100 years, the contract is renounced, and there’s zero p.c tax on trades.
The Linu group makes use of memes, one of the vital highly effective instruments of persuasion and communication on this planet, to forge a powerful community of allies whereas having enjoyable. Memes can change the tradition of crypto.
The Linu token will probably be utilized in a philanthropic technique to fund totally different group led charitable tasks and to assist victims of scams in crypto. Linu will make the most of NFT launches and grassroots crowdfunding to fund these campaigns.
The Luna Inu firm construction can be an instance to the world that corporations can thrive and develop with a decentralized organizational hierarchy. There’s a core management group of 14 folks, however most of the group members at massive proactively provoke duties and campaigns, reporting again to the core group on their progress. These improvements in workflow could also be relevant to the company world outdoors of crypto.
Origin
The undertaking was created by an nameless developer on Could 15, 2022. The undertaking shortly gained momentum and reached #1 on Dextools trending inside the first week and a $15 million USD marketcap. The nameless founder renounced the token contract on launch so no single entity may management the code.
The nameless founder then mysteriously vanished. His disappearance threatened the undertaking’s future existence, however the group rallied across the undertaking and revitalized the undertaking in a brand new, extra decentralized route. Inside days, the group restructured management, created official social media presence, utilized for a number of alternate listings, and launched a number of advertising campaigns together with meme contests.
The corporate construction is now a grassroots group with no centralized chief who may probably hurt the undertaking, much like the way in which the cryptocurrency Bitcoin is structured.
Targets of Luna Inu
The Terra Luna collapse affected many lives, and Luna Inu’s most important aim is to supply assist and reduction for these victims. Linu supplies a secure group for Terra Luna victims, creates utility for the Linu token by way of philanthropic efforts, and harnesses creativity by way of memes to advertise messages that go viral.
The code that the Linu token relies on is the Shiba Inu token, a grassroots undertaking that went from obscurity to a high 10 crypto undertaking inside months. Shiba Inu was a phenomenon, nevertheless it had minimal cultural or societal affect. The aim of Linu is to kind a cultural motion primarily based on inclusivity, decentralization, and equity.
Auditing
Two skilled auditing companies, Tech Audit and Tech Charge, have audited the undertaking to confirm the code and its security for customers.
Metrics
In a two week span, Luna Inu has gained over 1700 token holders and over 2000 social media followers. Along with the core management group of 14 folks, there are 3 devoted meme creators and designers.
Social Media
Twitter: https://twitter.com/Luna_Inu_ERC20
Telegram: https://t.me/linu_v1
Medium: https://medium.com/@WarriorLinu
Coingecko: https://www.coingecko.com/en/cash/luna-inu
Reddit: https://www.reddit.com/r/LinuWarriors
