Cryptocurrencies: 2219 / Markets: 15095 Market Cap: 24h Vol:
Lunyr (LUN) Rank 346
$4.372995
Lunyr (LUN) Rank 346
Website Reddit Twitter
2,297,853 LUN

Lunyr (LUN)
Lunyr (LUN)
LUN

Lunyr (LUN) Price
$4.3730

Lunyr (LUN) 24h Vol
$1,128,550

Lunyr (LUN) Market Cap
$10,048,500

Lunyr (LUN) Circulating
2,297,853

Full Name
Lunyr (LUN)
Symbol
LUN
Algorithm
BTC Price
0.00067617 BTC
BTC Market
1,554 BTC
BTC 24h Vol
175 BTC
Total Coins Mined
2,297,853 LUN
1h
1.27 %
24h
1.56 %
7d
20.83 %
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Description

Description


Lunyr is an Ethereum-based crowdsourced encyclopedia that rewards users with app tokens for peer-reviewing and contributing information, thus providing reliable, accurate information. The LUN tokens will be used to place ads on the platform. They function as part of the incentive system to drive contribution, peer review, and dispute and quality resolution. That platform itself is a crowdsourced decentralized knowledge base where contributors earn LUN tokens.

Lunyr's mission is to develop solutions that fundamentally change the way we publish, store, and exchange information. Through the use of blockchain technology, we enable individuals to capture the world's knowledge in a medium that is ubiquitous, censorship-resistant, and immortal.

Full Name Lunyr (LUN)
Start Date 2017-08-03
Algorithm N/A
Proof Type N/A
Website https://lunyr.com/
Twitter @LunyrInc
Facebook https://www.facebook.com/lunyrinc/
Reddit https://www.reddit.com/r/lunyr/
Block Number N/A
Block Time N/A
Block Reward N/A
Total Coins Mined 2,297,853 LUN
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


The Lunyr token will be used as a means of payment to reward content creation on their digital knowledge base platform that is built on Ethereum. 15% of the proceeds earned from advertisement will be donated to the Lunyr foundation and the remaining 85% will be given to content creators as a reward.

Over the month long ICO period 47,923 ETH was raised which had a value of approximately $3,400,000 at the ICO close (26th April, 2017). From the tokens created 78% were allocated to crowdsale investors, 15% to founders, employees and advisers, 5% for marketing and promotion and finally a 2% allocation for a bug bounty. More specifically the team plan to spend the funds raised in the following manner:

  • Research and Development = 50.1%
  • Sales and marketing = 13.7%
  • Operations = 11.9%
  • Legal = 8.3$
  • Reserves = 8.2%
  • Benefits = 6.6%
  • Outsourcing = 1.2%

 

ICO Status Finished
Token Supply 2703356
Start Date 2017-03-29
End Date 2017-04-27
Fund Raised (BTC) 47,923 ETH
Fund Raised (USD) 3400000
Start Price (USD) 1.61
Security Audit Company N/A
ICO Legal Form N/A
ICO Jurisdiction N/A
Legal Advisers N/A
Blog https://medium.com/lunyr
White Paper https://github.com/Lunyr/Lunyr/blob/master/Lunyr_White_Paper_ENG.pdf