#LUNC✅ LUNC nation check this thread out on Terra Agora!

https://common.xyz/terra/discussion/26140-LUNC%20CLUB

The thread states this:

We as LUNC community are aiming to reduce the number of coins that are circulating in the market and are in public hands and we are looking for burning LUNC coin as much as we can. Although Binance thankfully is currently contributing to help the community with burning 50% of the trading fees from LUNC trading in the exchange. However, this method is going to take us forever to return the coins amount as it used to be before the collapse in 2022.

Problem Statement:

The problem is this significant amount of LUNC coin in the market is affecting the price and apparently is affecting the community as we clearly can some of the holders start losing hope on LUNC! The community generally thinks only organizations can contribute to solve this issue, and they forgot that we as a big number if we unify, we can help to solve this problem easily. This proposal is aiming to give suggestion for the community to work as one hand and help contributing to solve this major issue by ourselves!

Objectives:

1. Create social media platform for LUNC community to make the community stronger.

2. Create online market in the platform to sell and buy used items and sell services to the community by using LUNC coin which leads to use the coin in a wide range among the community.

3. The users would be able to sell their services to the community. The services could be designing, coding, drawing, teaching, NFT and so on!

4. Implement fees on buyer (6.5%) and seller (6.5%) once the deal is completed. 77% of these total fees will be burnt.

5. Selling ads on the platform and 90% of these ads’ income will be burnt.

6. Implement yearly subscription fees (6.88$) to register on the platform, and 100% of these fees will be burnt.

7. Use the rest of the fees which the platform earned to cover the platform expenses. Any income profit after deducting the expenses will be there for future projects to support the community.

8. Determine a goal of the burnt amount coin for the community to achieve. This amount could be the same amount as it used to be before the collapse.

Methodology:

The community will hold a competition for building this platform, and this competition will go through 2 stages, first stage is picking up the best 10 applicants, and second stage is picking up the best project proposal. In first stage, any applicant wants to participate in this competition he needs to submit the following requirements:

1. CV of the applicant.

2. Projects which the applicant have done before (preferably projects similar to this project).

After the application completed, only the best 10 applicants will be chosen. Now the second stage comes, and the competitors need to finish the following within a time of 45 days:

1. Project proposal for making the platform

2. Making a protype for how the platform is going to be by using tools like Figma website or any other similar tool.

The winner of the competition will own 30% of the platform.

Conclusion：

In conclusion, the above proposal was just a suggestion for the community, which I truly believe this proposal will help the community to burn the coin in a fast way and will help the coin to be used in a very wide range.

please check this out and give me your thoughts about this.