LUNYR is a serviceless Wikipedia on Ethereum and nobody is interested in it.
Yet
Funny thing is that NOBODY wants to by when it's cheap. Remember how many of you scrambled for BTC when it was around 200-300$ range? Everybody was convinced that this was the end. But when a bubble pops then man... People are gonna sell houses and girlfriends just to put more and more money into it!
And this is the case with LUNYR token. They managed to rise around 2.8 M dollar which is like nothing in the current ICO market, then they went to exchanges (Bittrex, Liqui and few smaller) and ICO holders were able to get around 100% of profit. Of course I didn't took it, I bought more lower and I'm well HODLIN.
Lunyr (LUN)
Had collected 2 800 000 USD in the crowdsale but current market cap is just 6 200 000 USD which gives it 100th place on http://coinmarketcap.com/
Lunyr is an Ethereum-based decentralized world knowledge base which rewards users with app tokens for peer-reviewing and contributing information. We aim to be the starting point of the internet for finding reliable, accurate information. Our long-term vision is to develop a knowledge base API that developers can use to create next generation decentralized applications in Artificial Intelligence, Virtual Reality, Augmented Reality, and more.
Reason to buy?
Severely undervalued if compared to ICO price and current market pricing..
Alpha version to be released soon.
Website: https://lunyr.com/
ANN: https://bitcointalk.org/index.php?topic=1818468.0
Trading: https://bittrex.com/Market/Index?MarketName=BTC-LUN
Patience is gold
I can't emphasize it more.
But of course to be patient you need to layer your finance and investment portfolio. If you can diversify your crypto investments into 1-5% portions and still held a substantial amounts in every single of them than you can wait till you take profit. This is very simple. Buy 10 things and only sell when one of them is profitable. 3 others are 40% down? Well you don't give a damn thing cause firstly you invested just a portion of your funds and secondly you have profits on other 4 and the remaining 3 are holding the price.
Lunyr development and current price
Here is the snapshot from when I wrote about LUN few weeks ago:
Nowadays:
What is even more interesting the LUN was able to hold the recent BTC and all altcoin crash very well! There was no movement like it doesn't give a crap that the market is falling and liquidity is going out the market.
Look at BTC:
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And LUN:
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Lunyr hiring additional developers (Slack):
Investors feedback:
right on. I've been waiting for a project like this ever since I became involved in crypto. Blockchain technology is the perfect fit for sealing knowledge in a magnificently decentralized way. And on the ethereum blockchain no less. This is the literal very beginning of an absolutely amazing thing. I can't wait. Good luck devs. No pressure.
Let me just say how excited I am that Lunyr has the potential to be serverless. Throughout history, history has always been written and censored by the victors. What the Lunyr team is trying to accomplish is revolutionary. If successful, we can write the immutable and preserve their recordings for centuries. Were rooting for you lunyr, not because we want to be rich but we believe in the idea. Your pioneering the freedom of knowledge for generations. Good luck and keep up the good work.
To summarizeThere are many useless projects priced 10 times higher on coinmarketcap and they haven't aven delivered anything yet. Upcoming alhpa of Lunyr will push the price much higher.
Advantages:
- still low price comapred to ICO price
- low price compared to market caps of other coins
- underperforming comapred to the market
- never had a serious pump yet
- it's something new
First rule of the cryptocurrency market says that every project will have it's pump sooner or later.
Thank you for pointing out this project. It has definitely some merit. Wikipedia on the blockchain. What I would elaborate more on is the business model, how does the token increase in value? Right now the only planned source of income is advertisement on the site, which uses the token as a payment. Means, if you want to advertize you need to buy the token for the market price. Everyone else who receives token as a reward, including dev of the site, is interested to sell. Then there is a few people who buy the tokens to support the site, because they feel it's a project worth supporting.
However, overall buy and sell market, I don't see there is much more demand than sell pressure for this token, which leads to what we have now. More or less stable price. So, which indicators would make you believe the price can rise hugely over time? If there are some arguments that I missed I'm happy to put some in my portfolio. The project itself is definitely cool.
This about sums up how I feel. There is great promise for a network like this. I don't see much need for a token other than to raise money. If you want to raise money - do it. Don't make up a token with little real utility.
Well it's just that there are many useless projects priced 10 times higher on coinmarketcap and they haven't aven delivered anything yet. Upcoming alhpa of Lunyr will push the price much higher.
Advantages:
let me explain.... read ICO:
https://steemit.com/steem/@hastla/ico-no-comment
It's no longer an ICO. It's 100% over the ICO price already.
yeah - I even don`t read the stuff all. Ponzi only got another few namings (crowdsales, icos & what all not will come). On the 20 out of 10k scams what success I must not be invested.
Actually every ICO gave profit:
http://icostats.com/
Not counting scams but well it's easy to spot the scam.
Yeah as stupids will not die out & new are born daily. Thats why I called them simple Ponzi, haha :)
Use while you can.
Market doesn't care what we say ;)
At least the few ICOs they have on their list. And the extreme outperformer is not yet on the list. BAT.
dude that's not every ICO rofl they don't list any that lost money is all
meep
I will certainly read into this.
LUNYR is highly undervalued because hardly anyone knows about this project. It will shine in the future..
Ah, im a supporter of Lunyr, made out very nice from ico and also holding some.
Got 1k lun from my bounty rewards just hanging in my eth wallet, definetly wont sell those for awhile.
I agree, undervalued right now, but its still in the stage of promises.
And the dev. Team doesnt seem to give 2shits about marketing and promo. Itll have its day, just might be awhile
How dod you get 1000 from bounty? :O
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I find Lunyr to be a very interesting concept. However, trying to use it at the present time is fairly frustrating and I think the site could use some work.