DangerMoon: A Random Reward Holder Incentive Protocol

What is DangerMoon

Simply put, DangerMoon (DANGERMOON) is a cryptocurrency project launched on Binance Smart Chain (BSC). It had a “fair launch” on July 14, 2021, meaning the project team didn’t reserve a large number of tokens for themselves at launch, but instead gave everyone a fair chance to participate.

The core idea of this project is to satisfy two types of people: those who love excitement and chase high returns—the “adventurers,” and those who want a solid foundation for their assets—the “conservatives.” How does it do this? It introduces a mechanism where token holders have a chance to win big prizes, just like buying a lottery ticket—you might only need to put in a little money (say, $10) for a chance at a bigger return. At the same time, it’s designed with rules that encourage people to hold tokens long-term, rather than trade frequently.

Project Vision and Value Proposition

DangerMoon’s vision is to let holders enjoy potential high returns while also experiencing asset value growth through its unique mechanisms. The core problem it aims to solve is how to provide a game-like thrill in the crypto market while building a relatively stable value base. It draws inspiration from projects like SafeMoon, featuring a “reflection mechanism,” but DangerMoon’s reflection is distributed randomly—rewards aren’t split evenly among all holders, but are randomly given to lucky winners. This randomness adds to the fun and excitement.

Technical Features

Although there’s no detailed technical whitepaper available, from existing information, DangerMoon’s technical features are mainly reflected in its token contract design. It runs on the Binance Smart Chain (BSC), a blockchain compatible with the Ethereum Virtual Machine (EVM), known for fast transactions and low fees. Its core mechanisms are:

• Random Reflection: Each transaction generates a fee, which is randomly distributed to some token holders, rather than proportionally to all holders. It’s like a continuous “mini lottery.”
• Burn Mechanism: The project destroys a portion of tokens to reduce total supply. Imagine if there are fewer goods in the market but demand stays the same—the remaining goods may become more valuable. DangerMoon’s design aims to achieve a similar effect by burning tokens, theoretically increasing the scarcity of the remaining tokens.

This “sell and lose eligibility” mechanism, combined with token burning, is intended to create a “perfect storm” where selling is discouraged and reducing supply is encouraged.

Tokenomics

DangerMoon’s token symbol is DANGERMOON, and it’s issued on Binance Smart Chain (BSC).

• Total Supply and Issuance Mechanism: The project initially minted 1,000,000,000,000,000 (one quadrillion) tokens. At launch, half of the tokens were immediately burned, meaning the initial circulating supply was halved.
• Current and Future Circulation: According to the project’s own data, its circulating supply is 500,000,000,000,000 DANGERMOON. However, note that some data platforms (like CoinMarketCap) report that circulating supply is unverified and market cap is shown as zero.
• Token Utility: DANGERMOON tokens are mainly used to participate in games and other utility features within its decentralized application (DApp). These DApps allow users to view overall token statistics, such as the largest prize, and personal stats, including winning odds.

Team, Governance, and Funds

Currently, there’s no clear public information about DangerMoon’s core members, team characteristics, specific governance mechanisms, or details about the treasury and runway. In the blockchain world, some projects choose anonymous teams, but this can affect transparency and long-term development.

Roadmap

Unfortunately, in the available public information, we haven’t found a detailed roadmap for DangerMoon, including major historical milestones or future development plans. A clear roadmap usually helps the community understand project progress and future direction.

Common Risk Reminders

When learning about cryptocurrency projects like DangerMoon, there are several common risks to pay special attention to:

• Low Market Activity: Currently, many crypto data platforms show DangerMoon’s market activity is low, with zero trading volume, and it’s even marked as “untracked” or “insufficient data.” This means the token’s liquidity may be very poor, making buying and selling difficult.
• Lack of Transparency: The absence of a detailed whitepaper, team information, and roadmap increases uncertainty. In crypto, the more transparent the information, the more controllable the risk usually is.
• High Volatility and Speculation: Projects like DangerMoon with “random reward” mechanisms can be highly volatile and speculative. Prices may rise or fall sharply in a short time.
• Smart Contract Risk: All smart contract-based projects carry the risk of contract vulnerabilities. No audit report was found, and even if there is one, it can’t eliminate all risks.
• Not Investment Advice: Remember, all the above information is for reference only and does not constitute investment advice. The crypto market is extremely risky, and you could lose your entire investment. Always do thorough independent research (DYOR - Do Your Own Research) before making any investment decisions.

Verification Checklist

For any cryptocurrency project, here are some links and information you’re advised to verify yourself:

• Block Explorer Contract Address: You can look up DangerMoon’s contract address (e.g., 0x90c7...31e7) on Binance Smart Chain block explorers like BscScan to view token transaction records, holder distribution, and more.
• GitHub Activity: Although a GitHub repository (DangerMoonIO/dangermoon) was found, you should further check code update frequency, community contributions, etc., to assess development activity.
• Official Website and Social Media: Visit Dangermoon.io, X (Twitter), Discord, Telegram, and Medium for official updates and community discussions.

Project Summary

DangerMoon is a Binance Smart Chain project that tries to combine “random rewards” and “token burning” mechanisms, aiming to provide users with a crypto asset that’s both game-like and has potential for value growth. However, based on currently available information, the project faces issues like lack of transparency and low market activity. For anyone interested in DangerMoon, it’s strongly recommended to conduct thorough independent research before investing any funds and fully understand the risks involved. Crypto investment is highly risky—please be cautious. For more details, please research on your own.