Source : coinquora.com
INTERNET CITY, DUBAI, Nov. 26, 2021 – LBank Exchange, a global digital asset trading platform, will list ORBIT token on November 29, 2021. For all users of LBank Exchange, the ORBIT/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on November 29, 2021.
Humankind has always been fascinated by the existence of moon, even after successfully landing and walking on it. As the very first project to develop a Cosmic Metaverse, First On The Moon starts with an introduction to the moon, by developing an interactive moon model. And its ORBIT token will be listed on LBank Exchange at 21:00 (UTC+8) on November 29, 2021, to further expand its global reach and help it achieve its vision.
Introducing First On The Moon Project
First On The Moon is the very first project to develop a Cosmic Metaverse which starts with an introduction to the moon by developing an interactive moon model that serves as the base for future exploration. Eventually, it will expand beyond known frontiers, in space and in time.
The Moon Plot NFTs, which are going to be issued in a limited supply, are the base layer on which the Cosmic Metaverse is being built. Holders of Moon Plots will mine other NFTs, such as Chemical Element NFTs, which will be used to participate in Chemical Reactions, synthesizing Chemical Compounds needed to terraform the moon. More NFTs will follow, in different categories based on utility and scarcity, and participants are encouraged to interact and trade their NFTs in order to achieve common goals. These NFTs will be minted on the BSC network to ensure easy flow with minimal gas fees. All its NFTs will play important roles in the system, and they will be available for purchase with ORBIT tokens on its NFT marketplace.
The Project aims to achieve global expansion, and as a community it’s reaching out to relevant figures in the aerospace industry, in science and culture, and to space enthusiasts. The project is also introducing an educational component, bringing participants together around concepts related to science and space exploration. Gaming is another important aspect of the project, as the whole Cosmic Metaverse will gain global adoption and participants from all over the world can use its platform to play, interact and explore its fascinating world.
Tokenomics of ORBIT
The project created ORBIT token on BSC, it will give holders the chance to own Moon Plots, stake their assets, and win valuable prizes. The total supply of ORBIT is 10 billion (i.e. 10,000,000,000), 36% of it was burned at launch, 8% was for private sale, 34% was for presale and liquidity which is locked, 10% is for staking, 6% is provided for future exchange listings, and the rest 5% was locked as reserve for future partnerships/mergers and acquisitions.
It taxes a total of 7% on its transaction, 3% of it is provided for liquidity pool, 4% goes to marketing and development wallet, which is created to account for marketing and crypto-related expenses, NFTs and platform development, competition rewards and developer salaries.
Virtual plots of land will be minted on the Moon on the BSC as NFTs, which will be distributed to ORBIT token holders following certain rules. The project also will create special NFTs called Elements, which will be distributed to the holders as well. On top of the value deriving from NFT scarcity, elements holders will also be receiving tokens as rewards.
The ORBIT token will be listed on LBank Exchange at 21:00 (UTC+8) on November 29, 2021, investors who are interested in First On The Moon project investment can easily buy and sell ORBIT token on LBank Exchange by then. The listing of ORBIT on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about ORBIT Token:
Official Website: https://firstonthemoon.io
Listing Announcement on LBank Exchange: https://support.lbank.site/hc/en-gb/articles/4410362550553-ORBIT-will-be-listed-on-LBank
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users in more than 210 countries around the world.
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LBK Blockchain Co. Limited
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