Discover Lunyr – A world of Decentralized Knowledge
The next generation of computing power has allowed the decentralized movement to grow into forefront of innovation along with becoming the greatest investments of the 21st century.
Beyond bitcoin and the currency realm, “alternative currencies” and asset based tokens derived from the underlying blockchain technologies have emerged in great force.
From instant, untraceable payments and smart contract engines to decentralized marketplaces and social networking, the blockchain can be applied in almost any way to securely give control into the users hands.
The next project ready to come onto the crypto currency scene with a vision is
Lunyr
An ethereum based decentralized encyclopedia that is completely crowdsourced.
Wikipedia on the blockchain!
But that’s not all
Lunyr will be an encyclopedia that rewards users with blockchain tokens for:
Contributing content and
Accurate reviewing of content
This system of providing incentives for user contribution and reviewing content is a great method in having a decentralized information hub with reliable information. Naturally, non-facts or essential bullshit can be discarded with bad reviews and only real facts will make it, simply by rewarding good content and good reviews.
Another plan for Lunyr will be to have the site contain advertising spots paid for with Lunyr tokens which will provide natural buying pressure and coin appreciation, something we in cryptoland like to call
An actual use!
But for the more investor types, the ad revenue gives a solid speculation for future value based on site popularity and also could provide a more stable compared to the volatility of traditional coins.
Lunyr is currently in the “vision” stage, and is looking for interested investors to join the upcoming crowdfund with an initial coin offering (ICO) and share in the success of the platform.
ICO Details:
As with every startup project, time is need and is crucial. This is the current roadmap offered, and sets an ambitious goals to completion.
Information about the project including early bounty bonuses and the development team can be found on bitcointalk
https://bitcointalk.org/index.php?topic=1818468.0
Awesome post! The price of ether has skyrocketed since the white paper was first published. We're decreasing the max and min ETH targets since they're grossly overcalculated now.
Hey thats great to know, i was unaware of this and im normally checking out the bitcointalk post... the pr guy should update it.
And i think thats a good move also, eth up 3x might make that min/max too ambitious
No problem. You wouldn't know the new numbers since they have not been announced yet. We've been waiting for the value of ETH to stabilize and were planning to finalize the figures a few days before the crowdsale.
Stabilize isnt a word right now. All cryptos are acting wild and volitile. Really hard to guage trades ATM.
All i would suggest is to release those new numbers as soon as possible.
Thanks for the info and ill see you at the crowdsale, ive got a few eth at profit that i would like to tie up
Great post. This ICO has me excited! However, I do worry that the Ethereum based ICOs will begin to increase their investor minimums due to the rise of the coin. That's how I was able to start not so long ago (cheap minimus,) it'd be a shame to see it go.
Regards. V
Eth address for bounty: 0xe8c79B21B2FC35FA3E85c6a1E80aFf686c99A777