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Lunyr is a decentralized Etheruem-based knowledge base, that has been set up with the intention of rewarding users with application tokens for the information and data they provide. Lunyr being an Etheruem-based network aims to be the beginning point of the accurate, trustworthy and unbeaten information center. Lunyr is out on a mission to develop solutions and resources that will change and impact the manner at which information is published, exchanged and stored among peers and groups.
However, one working doctrine behind Lunyr is the fact that it offers compensation to those who contribute to the network or those who create and share reliable information by way of videos, blogs, articles or any other digital media.
That's not all, Lunyr also created a clever set of an incentive scheme that had the potency to reward contributors. That being said, it's now safe to say the Lunyr provides much higher quality information than other similar websites.
Anyone can effortlessly gain access to the site and ultimately has the license to use the information posted on the Lunyr website. This being said, it literally doesn't matter if you're a reader, reviewer, or a contributor, you are all exposed to enjoy the incredible perks and features of Lunyr.
How do Lunyr works?
In clear terms, Lunyr aims to advance the virtual reality, knowledge base API, Augmented Reality and other technological equipment one can use to create and develop a breed of decentralized applications.
Lunyr uses LUN to place advertisements on the platform. What the platform does is that it acts as an incentive system that drives contributors and peer review. That being said, it's quite crucial to note that LUN is in accordance with the ERC2 Token Standard.
The platform was set up as of 2016 by a group of young business people such as Arnold Pham, CEO, and co-founder of this platform. Christopher Smith - head of the technical team at Lunyr, and lastly Andre Tran - COO of the company.
Why Lunyr?
Am certain we're all aware of the fact that information does play a crucial role in our every life. In accordance with Alexa rankings, we were told that 70% of the most visited websites are all linked with searching and achieving information. Wikipedia remains the world's most valuable website in terms of searching for information and facts.
On Wikipedia, many articles can be edited by anyone with an internet connection. Users can easily falsify information. Although popular articles with inaccuracies are likely to be quickly corrected, less popular articles can go uncorrected for months. For example, John Seigenthaler, a former assistant to U.S. Senator Robert Kennedy, was falsely implicated in the assassinations of the Kennedy brothers on his Wikipedia biography for over four months. Of course, this is only one among the many examples of libel, hoaxes, and vandalism in Wikipedia’s history.
It was, for this reason, Lunyr integrated the blockchain technology to its system. Since Lunyr is built on the Etheruem network, Etheruem then enables the creation of app tokens, which can also be used as an incentive system in an attempt to substitute intermediaries.
Lunyr, a knowledge base network that integrates blockchain technology has a review team where all submissions undergo a serious review upon the accuracy and reliability of the platform. The idea of enabling add tokens as well as an incentive system was created to ensure that peer reviewers act in the best interest of the ecosystem.
For more information and resources, please visit the following links below:
Lunyr website => https://lunyr.com/
Reddit => https://www.reddit.com/r/Lunyr/
Join Lunyr community on Slack => https://lunyr-community.slack.com/shared_invite/MTU5NjkxMzQwNjU5LTE0OTA0NzUxNTYtNGY1NzA2MGJjNQ
Follow Lunyr on twitter => https://twitter.com/LunyrInc
Discuss on bitcointalk => https://bitcointalk.org/index.php?topic=1818468.0
Lunyr github => https://github.com/lunyr
Disclaimer:
This is not financial advice, nor a guarantee or promise in regards to any result that may be obtained from using the above content. The information provided here is for informational and entertainment purposes only. It should not be considered as financial and/or investment advice. No person should make any kind of financial decision without first consulting their own financial adviser and/or conducting their own research and due diligence.