The Asia Blockchain Community, a brand operated under Blockcast.cc will be hosting an AMA session with FTMMOON on 29 October 2021, 8.00 pm Singapore time (GMT +8) on its Telegram channel, https://t.me/Blockcastcommunity.
FTMMOON is a hyper-deflationary reward token that operates on the FANTOM network. Users can simply hold FMF tokens and receive rewards in FTM tokens for every transaction automatically in a few hours. Every transaction tax is redistributed for automatic liquidity generation, token burning and holder rewards to help generate passive income for long-term holders and keep buying pressure higher than selling pressure.
A summary of its tokenomics are as follow:
10M Total Supply
2% Marketing
2% Development
2% Competitions
8% CEX MM
40% Liquidity
46% Tokens for LP providers
“Each transaction incurs a 12% tax. This is because FTMMOON is squarely aimed at long term holders who want their tokens to do the work for them. This does not mean that trading isn’t a part of the healthy ecosystem though, as buying and selling contribute to making the project more profitable and sustainable in the long run.” Spokesperson of FTMMOON said.
They also have the following features:
EARN $FTM BY HODLING $FMF
6% of all transactions are redistributed in $FTM to all holders meeting the $FMF token holding requirement, this process is done automatically and your mileage can be observed via the dashboard. Accumulate $FTM by hodling the $FMF token!
AUTO PAID TWICE A DAY
For the first time ever, you don’t need to claim your earned $FTM. It’s automatically sent to your wallet roughly twice every day.
ANTI-DUMP LOCK & 12% SELL FEE
Sells are restricted to less than 0.1% of the total supply + 12% fee is applied to all sells. This will allow us to reduce swing-trading and break whales’ control.
TOKEN BURN
2% of every transaction is used to buy back FMF tokens and have them burnt forever thus decreasing the total supply and making the token hyper-deflationary!
AUTOMATIC LIQUIDITY POOL
2% of every transaction contributes to the liquidity pool thus automatically generating further liquidity on SpookySwap. bringing sustainability for $FMF holders in the long run.
BUILT FOR THE COMMUNITY
$FMF is a community-driven token built on the Fantom network. it will be available on presale for early adopters.
The Asia Blockchain Community (ABC) is a community based and run by volunteers in Asia. ABC understands the market well and is supported by a panel of blockchain and crypto experts and influencers. The community has hosted more than 50 projects in recent months.
More information on the project can be found at https://fantom-moon.finance/.