‘Lunyr’ is an Ethereum-based decentralized knowledge base which has been set up with the aim of rewarding the users with application tokens for their contribution & peer reviewing information. The company aims to be the starting point or the focal point of the accurate, reliable & “unbeaten” information. With a mission to develop solutions that change and impact the manner at which information is published, stored & exchanged between peer-to-peer, & group-to-group.
The working principle behind Lunyr is to offer compensation to the people who contribute to the Site or the Content producers who create & share reliable information in the form of articles, videos & any other digital media. What’s more interesting about the company is that it has created a clever set of incentive scheme that could potentially help it go beyond the deemed expectations. It provides much higher quality information than some similar Sites.
Everyone will be able to get access to the Site & be at liberty to use the information posted on Lunyr. Therefore, it doesn’t matter whether you are a contributor, a reviewer, a reader or just cheerer, you will be able to enjoy the incredible features and perks of Lunyr.
How it works
Basically, Lunyr aims at developing a knowledge base API that AI, Virtual Reality, Augmented Reality, & so many other technologies can use to create & develop a generation of decentralized applications.
LUN are used to place the ads on the platform. What they do is that they act as an incentive system which then drives contributions and peer review. It is important to note that LUN follow the ERC20 Token Standard.
Lunyr was established back in the year 2016 by a group of young entrepreneurs including Arnold Pham, who is the CEO & co-founder of the company, Andrew Tran who now is the COO of the company, & Christopher Smith who heads the Technological team at Lunyr.
– This is a startup profile based on publicly available material & not a review –
Image Credit: Lunyr
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