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Lunyr ICO summary information

Conceptual Model

Lunyr is an Ethereum-based decentralized crowdsourced encyclopedia which rewards users with app tokens for peer-reviewing and contributing information. They aim to be the starting point of the internet for finding reliable, accurate information. Their 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.

Project Description

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% 

Founders and Associates

Arnold Pham -Project Leader & Co Founder

Andrew Tran -Business Development & Co Founder

Benjamin Bamberger -Blockchain Architect

Christopher Smith -Blockchain Engineer

Steve Yu -Front End Development

Holly Hernandez -Marketing

Duc Pham -Security Advisor

Grant Fondo -Legal Counsel

Dr. Greg Colvin -Technical Advisor

Alex Leverington -Technical Advisor

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LUN Latest Updates
September 09, 2018

Lunyr Dev Update — Orbiter

Hello everyone! Welcome to another Lunyr update. We’re proud to share our progress for the past month!As mentioned in our last update, we have been working on a completely decentralized app, code named Orbiter. This dapp has been fully rebuilt with a primary focus on complete...

From: Lunyr

August 14, 2018

Lunyr Dev Update — Fully Decentralized and Immortal

Hello everyone! Welcome to another Lunyr update. We’re proud to share our progress for the past month!Fully Decentralized and ImmortalThis update is all about providing a fully decentralized app without the optional centralized usability-enhancement features from the main website. To that...

From: Lunyr

July 05, 2018

Lunyr Dev Update — Citations, Predictive Search, Collaboration Tools and Tagging

Hello everyone! Welcome to another Lunyr update. We’re proud to share our progress for the past month!CitationsWe have added tools to make citations much easier.Now, when editing your article, the citation assistant will help you add citations. When you double click on a word, CITE will be...

From: Lunyr

June 04, 2018

Lunyr Dev Update — Peer Reviews, Author Rankings, Article Quality and Mobile Support for…

Lunyr Dev Update — Peer Reviews, Author Rankings, Article Quality and Mobile Support for InternationalizationHello everyone! Welcome to another Lunyr update. We’re proud to share our progress for the past month!Article QualityAs you all know, we were formed on the ideal of having higher...

From: Lunyr

May 07, 2018

Lunyr Dev Update — API, Internationalization, Mobile Apps and PC Desktop now available

Hello everyone! Welcome to another Lunyr update! We’ve been hard at working and finally ready to share exciting news on the Lunyr platform.InternationalizationAs long promised, we are expanding our horizons to support additional languages. In the initial release of this functionality, we will...

From: Lunyr

March 28, 2018

Lunyr Dapp Released on Mac OS X and Linux

The Lunyr Dapp is now available for download on Mac OS and Linux. Support for Windows will be available in the next couple weeks.Please access the downloads here.Mac OS Xhttps://download.lunyr.com/Lunyr-1.0.0.dmgLinuxhttps://download.lunyr.com/Lunyr-1.0.0-x86_64.AppImageSee also:Visit the...

From: Arnold Pham

March 23, 2018

Lunyr Dev Update — Release on all mainstream platforms coming soon

Hi everyone! Welcome to another Lunyr update. We’re proud to share our progress for the past couple weeks!Desktop Dapp releasing on March 26, 2018We will be broadening our audience soon through the release of a Lunyr desktop dapp for Mac. The Lunyr Windows dapp will be released shortly...

From: Arnold Pham

March 09, 2018

Lunyr Dev Update — Reimbursement Status, 15X Loading Performance, UI Refinement and Upgrades

Welcome all to another Lunyr Update! We’re very pleased to announce that we have a barrage of updates this week.Reimbursement Status Now LiveReimbursement status is now available in the Transactions History. Reimbursements will be marked “Pending.” Upon completion, they’ll be marked...

From: Arnold Pham

February 27, 2018

Lunyr Dev Update — Lunyr Nebula Plans, Search Upgrade, and Upcoming Mobile Release

Welcome to the latest Lunyr development update! In this update we will be discussing our plans for Nebula, the next milestone in the Lunyr project. Nebula (Q2, 2018), will introduce changes in the peer review and reward systems that will ultimately result in higher quality content and greater...

From: Arnold Pham

February 23, 2018

Lunyr Dev Update— Plagiarism Detection, Random Peer Review Selection, Gas Reimbursement Status, and…

Lunyr Dev Update— Plagiarism Detection, Random Peer Review Selection, Gas Reimbursement Status, and more!Hello all Lunyrians! The platform is growing rapidly and now has over 2000 articles! In the meanwhile, we‘ve been working hard to address all of your concerns, and continuing to develop...

From: Arnold Pham

February 07, 2018

Lunyr Dev Update — February 7, 2018 — The Next Evolution of LUNYR begins!

Welcome all Lunyrians! The next evolution of Lunyr, the blockchain-based knowledge sharing platform, has begun. Our statistics show the rate of article creation is growing rapidly. Each month, we will introduce major upgrades to the platform. Lunyr’s team size is growing, and development will...

From: Arnold Pham

January 30, 2018

Lunyr — Blockchain-based Knowledge Sharing Platform Launches Open Beta

January 30, 2018 — California, USA — Blockchain-based knowledge sharing platform Lunyr launches Open Beta which will initially offer more than $200,000 in rewards for writing, editing, and peer reviewing information. Now running live on the Ethereum blockchain mainnet, the Lunyr Open...

From: Lunyr

January 25, 2018

The Blockchain Economy — Rewriting the Society

Businesses across the globe have acknowledged that digital is the way to go especially in their day-to-day processes. With numerous changes coming up in the business world, major industries in the world have embraced cryptocurrency as the future. Throughout 2017, Bitcoin alongside other...

From: Rafael Soultanov

January 23, 2018

Lunyr Dev Update — January 23, 2018 — Reward System Ready for Deployment

Welcome all to another Lunyr Dev Update!We are excited to announce that all tests for reward system are successfully passing and we are on track for the Open Beta launch on January 30, 2018! The Open Beta launch will be a revolutionary breakthrough in the future of knowledge sharing.As we grow...

From: Arnold Pham

January 15, 2018

Lunyr Gas Upgrade

Attention all Lunyrians! Last week we were working on upgrades to solve a few issues with the Lunyr platform. We’ve made a breakthrough in our technical architecture which will reduce gas fees by 40%. Although our reimbursement program will continue to cover 100% gas fees for all users, this...

From: Lunyr

Gas payment will be free in the Lunyr Open Beta

Greetings everyone! The Lunyr community has been increasing by several fold as we approach the Open Beta launch. For the past several weeks, we’ve been working out all the kinks in the system.A major problem we’ve encountered is the high gas fee for using Ethereum. Although the Ethereum...

From: Lunyr

January 11, 2018

A Decentralized Wiki- Is It Possible?

According to Vitalik Buterin, the term “decentralization” is one of the words that is used in the cryptoeconomics space the most frequently, and is often even viewed as a blockchain’s entire raison d’etre. Blockchains are politically decentralized (no one controls them) and...

From: Rafael Soultanov

January 10, 2018

Lunyr Open Beta will have more than $200,000 in LUN Rewards

We’re excited to announce that the Lunyr Open Beta will start with a prize pool of more than $200,000 in LUN rewards over 2018. Contributors will compete for LUN rewards by writing or peer reviewing articles to earn Contribution Points, which can be turned in for LUN through the Lunyr...

From: Lunyr

New Lunyr Menu Design Poll

Which looks the best to you? Comment Below!1, 2, 3, or 4?New Lunyr Menu Design Poll was originally published in Lunyr on Medium, where people are continuing the conversation by highlighting and responding to this story.

From: Lunyr

January 09, 2018

Contribution Point to Lunyr (LUN) withdraw enabled March 1, 2018

Greetings everyone! We have a wonderful announcement that the withdraw of Lunyr (LUN) token from Contribution points will now be enabled March 1, 2018, three months earlier than planned. Previously, we had decided to time-lock it for four months after the Open Beta. However, due to major...

From: Lunyr

January 06, 2018

Blockchain and Why Lunyr is the Next Big Thing

Digital assets, innovative technologies, channels and systems are creating new paradigms in various industries. Blockchain, for example, is causing massive disruption in many industries with Bitcoin and other cryptocurrencies reshaping the traditional model of operations. In fact, studies...

From: Lunyr

December 28, 2017

Open Beta Launch on January 30, 2018

Happy holidays everyone! We are excited to announce that the Open Beta is set to launch on January 30, 2018. The Open Beta launch will represent a revolutionary breakthrough in the future of knowledge sharing. As we begin to establish the knowledge base, pretty soon the Lunyr API will come to...

From: Lunyr

December 21, 2017

Lunyr Dev Update — December 21, 2017 — Search Feature Launched

Welcome to another Lunyr dev update! This week we’re excited to announce that the new reward system smart contracts are code complete and undergoing testing. They are approximately halfway tested. Once the reward system launches in late-January 2018 (Supernova, Open Beta), the whole Lunyr...

From: Lunyr

December 08, 2017

Lunyr Dev Update — December 7, 2017 — LUN are now useable on the Lunyr platform! The next steps…

Welcome everybody to another Lunyr update! We’re excited to announce that the Advertising System successfully launched on Dec 1, 2017. Users are now able to spend LUN on the Lunyr platform (live on the Ethereum Mainnet).Check it out now if you haven’t already! This is a major milestone for...

From: Lunyr

December 01, 2017

Lunyr Dev Update — November 30, 2017 — Advertising System Deployment Tomorrow

Hey folks, this is your weekly update to let you know what we’ve been up to. We are ready for production with our advertising system, so we are deploying it for our private alpha users tomorrow. This is a major milestone and represents the first practical use for our LUN utility tokens. With...

From: Lunyr

November 16, 2017

Lunyr Dev Update — November 16, 2017 — Tests for Advertising Bidding Running Smoothly

Greetings everyone! This week we’ve got some exciting news! As each day passes, we‘re moving closer and closer to building the future of decentralized knowledge sharing. Ever since launching the Private Alpha, the number of signups and content on Lunyr has been growing significantly.Now,...

From: Lunyr

November 09, 2017

Lunyr Dev Update — November 9, 2017 — Advertising System and User Profiles Approaching Completion

Greetings all Lunyrians! This week we’ve been working on the advertising system and user profiles. Both frontends are approaching completion. After completion, they will undergo security testing and then deployment. In the meanwhile, here is an example of the user profile page. It’s getting...

From: Lunyr

November 01, 2017

Mexico to the Moon — Ethereum Dev Conference 2017 (Devcon3)

Evangelists of the cryptocurrency are a curious bunch.Apart from silently (and constantly) innovating on the next breakthrough, they also believe in the effective exchange of knowledge and information sharing.This is the reason why crypto enthusiasts all over the world get excited when an...

From: Lunyr

October 26, 2017

Lunyr Dev Update — October 26, 2017 — Future upgrades

Welcome everyone! This week we have been working on future upgrades to the Lunyr platform. We’ve been addressing a longstanding bug where transactions complete but appear delayed on the front end. We hope to release the update by the end of next week.We’re also updating the References...

From: Lunyr

October 20, 2017

Lunyr Roadmap for 2018

Welcome to another update! Today we’ll be discussing the roadmap for 2018.Interstellar introduces the advertising and reward system, completing the workflow for writers, readers, and advertisers. Advertisers will be able to spend LUN to advertise on the platform. Writers will be able to earn...

From: Lunyr

October 19, 2017

Lunyr Dev Update — October 19, 2017 — Portfolio Page for Writers

This week we pushed out a major update that optimizes the user experience of submitting transactions. Transactions now no longer get stuck in pending state or take days to register. Thanks to the Metropolis update on block times, transactions now occur significantly faster. Overall, this...

From: Lunyr

October 12, 2017

Lunyr Writer’s Blockchain Competition Winners

The Lunyr Writer’s Blockchain Competition results are in! Please join us in congratulating the following members of the Lunyr community for their winning entries. The articles will be published on the Lunyr platform.Grand Prize WinnerJeremy Lim — NEOFinalistJay Carter — The World...

From: Lunyr

Lunyr Dev Update — October 12, 2017 — Advertising System Smart Contracts Developed

Welcome to another Lunyr Update. This week we’re excited to announce that the smart contracts for the advertising system have been developed.Advertising SystemAdvertisers will be able to select a time window and an article and spend LUN to purchase a proportional amount of advertising time in...

From: Lunyr

October 06, 2017

Join Lunyr on Discord!

We’ve created another Lunyr community on Discord! Use this link https://discord.gg/Vaw5MWD to join!Over the past few months we’ve witnessed an increase in scammers in the Slack channel. The bulk of their scamming occurs through direct messaging users. This problem is solved in Discord by...

From: Lunyr