Welcome to the introductory website for the LBay project.
It is a platform to attract sellers and buyers. Through it, you can buy and sell everything except for food, beverages, and prohibited items. It uses a single method for payments, which is the digital currency $LUNC, and in the future, stablecoin of Terra .
the departments that will be available for sellers and buyers
antiques
cell phones &accessories
clothing,shoes & accessories
gift cards &coupons
art
coins & paper money
collectibles
health & beauty
baby
computers, tablets & networking
jewelry & watches
books & magazines
consumer electronics
crafts
music
pottery & glass
stamps
tickets & experiences
video games & consoles
business & industrial
dolls &bears
motors
musical instruments &gear
real estate
sports mem, cards & fan shop
toys & hobbies
everything else
cameras & photo
movies & tv
entertainment memorabilia
pet supplies
specialty services
sporting goods
travel
Digital products
the whitepaper LBay
A Cryptocurrency-Based Online Marketplace
Introduction
It is a website available to everyone to display products and purchase products through digital currencies
The digital currency for the project is LBay
It has features which are
• You can sell anything except for food and beverages or prohibited items.
• Payment is currently only accepted in the $lunc coin and in the future with stablecoin Terra .
• The site takes only 5% of the sales.
• Holders of LBay currency receive 20% of the 5% sales returns.
• lunc$ coins are burned as a percentage of transaction fees or profit share.
Main Goals
LBay aims to:
• Create a secure and trusted online marketplace.
• Provide convenient and secure payment options for users.
• Offer a distinctive buying and selling experience for users.
• Compete with traditional online marketplaces.
Technology
LBay uses blockchain technology to create a secure and efficient payment system. This allows users to conduct transactions quickly, easily, and securely
Unique Features
LBay boasts two unique features:
•The fair distribution of the token: The number of tokens is 1 billion. 50% of the LBay token will be distributed to users through a subscription process. 10% will be distributed for listing LBay on centralized platforms. 15% will be distributed to users through airdrops. 25% will be held by the team for at least 3 years..
• Fair Profit Distribution: LBay token holders will receive 20% of a 5% sales return as profits. These profits will be distributed to all LBay coin holders.
Benefits
LBay offers several benefits to users, including:
• Security and Safety: LBay utilizes blockchain technology to provide a secure and reliable payment system.
• Convenient and Efficient Payment Options: LBay supports cryptocurrencies, offering convenient and secure payment options for users.
• Unique Buying and Selling Experience: LBay provides a distinctive buying and selling experience for users, including unique features such as fair currency distribution and fair profit distribution
Timeline
LBay plans to launch in 2025
Conclusion
LBay is a cryptocurrency-based e-commerce website aiming to provide a safe, reliable, and convenient buying and selling experience for users. LBay features two They are fair distribution of token and fair distribution of profits. The team plans to launch in the2025