A lot of unfamiliar and newly developed cryptocurrencies that people may not be recognized. Waiting to be introduce and discover by us. In this new episode of our Cryptocurrency series, we will introducing another unfamiliar cryptocurrency.
Are you familiar with wikipedia? in beermoney? how about in publishox? these are platform for informations sources in specific topics. Aside from that, they giving incentives to the users in form of points,coins or tokens (except wikipedia). Well, this article is about forum with its own cryptocurrency named Lunyr. Know more by reading it!
What is Lunyr(LUN) Cryptocurrency?
Lunyr is an Ethereum-based decentralized world knowledge base which rewards app token for peer-reviewing and contributing informations. It aims to be the starting point of the internet for finding reliable and accurate information according to coinmarket.com.
Lunyr is pronounced as Lunar, it striving to be the best source of knowledge in terms of technologies, investments, cryptocurrency projects, businesses topics and many more on the web.
Know More About Lunyr(LUN) Cryptocurrency
Lunyr has uniquness and advantages compare to other cryptocurrencies. Lunyr is a peer-to-peer and decentralized too.Moreover, it serves as crowdsourced knowledge encyclopedia that giving LUN token as rewards for the articles contributors and reviwers.
Lun Coins serve as incentives to the authors of articles and readers/reviewers.This will encouragements for the user's participations and contributions of information.With the use of these, it will create interactions, good quality standards and honest reviews between authors, developers and reviewers.
Summarized Informations and Facts
Mining is not Possible
Unlike other cryptocurrencies, LUN Coins are cannot be mined.
Adverstising-Friendly
Users can also LUN Coins to buy ad-space within the platform itself.
IPFSA Protocol
It uses IPFSA Protocol also known as Interplanetary File System. This system allows the users to store data on the platform for content re-distribution and enhancement.
Strict
Has an peer-review process that approving every submissions in order to pass.
Ethereum-based
Developed from Ethereum Network that fully integrated into the Ethereum Ecosystem.
It follows the ERC20 token standard and only stored in Ethereum Wallets.
Supplies are existed
LUN Coin has already existing and fixed. It has total supply of 2,703, 356 LUN Coins, that is why mining is not possible.
DAO
Lunyr is Decentralized Autonomous Organization(DAO) which means, there is no central authority that monitoring the network.
Incentives
Users are receiving LUN Coins as incentives for thier contributions.
Lunyr platform can be room for product adverstizing.
Highest,Lowest and Current Price
Lunyr(LUN) highest price was $60.98 in January 09,2018. The lowest price was $0.001 in November 14, 2017.Lunyr current price is $ 0.143763 in coingecko.
Where to Store Lunyr?
Here are the top wallet that supports Lunyr:
BRD Wallet
Free to use
Mobile phone based
Simple to use
Stores many cryptocurrencies
including Bitcoin, Ethereum and Lunyr
Ledger Hardware Wallet
Most secure form of cryptocurrency wallet
Hardware wallet you can carry with you (like a USB stick)
Stores multiple cryptocurrencies including Lunyr
Trust Wallet
Simple to use
Free and anonymous
Mobile phone based
Stores lots of cryptocurrencies
including Bitcoin, Ethereum and Lunyr
MyEtherWallet
Free to use
Web based
Only as secure as your personal security practises
Stores every type of Ethereum token including Lunyr
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