Question 1

How much does Lunyr (LUN) cost today?

Accepted Answer

The current price of Lunyr (LUN) is XRP 0.00571438.

Question 2

What Is Lunyr (LUN)?

Accepted Answer

Lunyr, pronounced Lunar, is an innovative use of blockchain technology aimed at building a decentralized, comprehensive, and peer-to-peer knowledge database, akin to a "Blockchain-based Wikipedia". It aims to become a leading source of knowledge in areas such as cryptocurrency projects, technology, finance, and law. It was created with the vision of being both a comprehensive knowledge repository as well as a tool to boost other blockchain technologies by providing DApps (Decentralized Applications) with access to real-time data from its knowledge base. This unique feature is seen as potentially useful for a range of applications, from Virtual Reality to Artificial Intelligence.

Question 3

Who Are the Founders of Lunyr?

Accepted Answer

Lunyr was co-founded by Arnold Pham, Andrew Tran, and Christopher Smith. They successfully completed the Lunyr Initial Coin Offering (ICO) on 26th April 2017, during which they raised approximately USD 0.3 million in capital. The Lunyr open beta was then launched on 30th January 2018 along with the reward system that allows writers to earn LUN coins in exchange for well-crafted, informative articles.

Question 4

How Does Lunyr Work?

Accepted Answer

Lunyr operates based on the Ethereum blockchain. Users are encouraged to write and peer-review articles, and a reward system incentivizes these contributions. Writers can earn LUN coins in exchange for their quality pieces, with the platform focusing initially on the world of cryptocurrencies and related domains, particularly up-and-coming projects. After the establishment of an active and dedicated community of talented writers and readers, the platform plans to expand into a wide range of topics such as science, technology, finance, and more.

Question 5

What Makes Lunyr Unique?

Accepted Answer

Lunyr is unique in its utilization of blockchain technology to forge a comprehensive, decentralized, crowdsourced, and peer-reviewed knowledge vault that is accessible to all. This distinctive feature can potentially advance blockchain technology by providing DApps with access to a knowledge base with real-time data. Furthermore, the peer-to-peer nature of Lunyr ensures that all content is free from manipulation and censorship since all submissions are peer-reviewed by the community. This design strongly militates against the inclusion of incorrect or dubious data in the knowledge vault.

Question 6

How Much Lunyr (LUN) Is in Circulation?

Accepted Answer

The circulating supply of Lunyr (LUN) is currently 2.7M.

Question 7

Where Can I Buy Lunyr (LUN)?

Accepted Answer

Lunyr (LUN) can currently be purchased on the following exchanges: BitMEX, YoBit. Please remember to perform due diligence before making any transactions.

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