LUNC has had a volatile few weeks after pumping its market cap back into the crypto top 50 in September.
LUNC is up just 1.2% in price to hit $0.0003025 in October so far.
Meanwhile the new crypto token Lucro pumped 69% in a single day this week to overtake LUNC and become a top crypto gainer on CoinMarketCap.
The Lucro token only launched in September and is expected to see further price breakouts over the coming weeks.
Here's why.
Lucro is the native token of the EverGrow ecosystem.
EverGrow itself is a hyper-deflationary token that launched in September last year and charges a 14% transaction tax. That tax has paid for over $38 million BUSD rewards for investors and sent 3% of the initial EverGrow supply to the burn address.
But with the first application in the EverGrow ecosystem launched in September – LunaSky NFT – it needed a native token with a lower tax to power transactions.
That token is Lucro.
You can buy Lucro on Pancakeswap (BNB/LCR pair). It comes with just a 1% transaction tax with 0.8% sent for buying back and burning EverGrow. The further 0.2% goes towards development and marketing of the ecosystem.
The current Lucro price is $0.00002657 up from $0.00002105 on October 9th.
Lucro already raised a huge $2.25 million in two fair-launches.
But the ecosystem it is designed for is only just getting started. The Lucro integration into LunaSky is expected over the coming weeks.
Lucro will then be a native token in the Crator content subscription app. Crator will be the world's first crypto-friendly content subscription platform. As with LunaSky 100% of the revenue will go towards buying back and burning EverGrow.
Lucro will then become a native token in The Abstract VR metaverse gaming arcade streamed on the cloud.
The Abstract will be the first gaming arcade playable by ordinary headset users without additional computing power, thanks to it being hosted on the cloud. Lucro will be a play-to-earn token and used for in-game purchases.
The potential for adoption is huge but broadly aimed at anyone seeking to earn extra passive income and side-hustles. You can earn Lucro by putting out great content on Crator, or pay for subscriptions to the content you love (financial advice, fitness classes, learning languages, etc.) in Lucro.
You can also earn Lucro from NFT sales and use it to buy music, films, artwork, collectibles and digital passes from LunaSky.
What EverGrow is creating is an crypto-friendly marketplace – Lucro is the fuel that powers the ecosystem.
EverGrow website: https://evergrowegc.com/
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