Lunyr Rank 619
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2,297,853 LUN

Lunyr
Lunyr
LUN

Lunyr $1.00555200
₿0.0001330108

-1.19 %

24h Vol
47 BTC
$353,676
1 H
1 %
24 H
-1.19 %
7 d
-2.18 %
Current Lunyr price is 1.01 USD, and if converted to Bitcoin is 0.00013301 BTC. A total of 306 coin's are currently circulating in the Market. Lunyr price change last 24 hours is -1.19 %, for more info please view all cryptocurrencies. Over the past 24 hours 0.004 M US dollars Lunyr has been traded on Crypto Exchanges. Track / follow Lunyr's progress by adding it to your favourites by creating a free portfolio if you wish.
Full Name
Lunyr
Symbol
LUN
Algorithm
ETH Token
BTC Price
0.00013301 BTC
BTC Market
306 BTC
BTC 24h Vol
47 BTC
Total Coins Mined
2,297,853 LUN
1h
1 %
24h
-1.19 %
7d
-2.18 %
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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.

ICO Details

ICO Details


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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 Corporation
ICO Jurisdiction U.S.A
Legal Advisers N/A
Blog https://medium.com/lunyr
White Paper https://github.com/Lunyr/Lunyr/blob/master/Lunyr_White_Paper_ENG.pdf

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