The LUNYR Project - CryptoCoinsRevolution.com

The Encyclopedia of the Future

If you need any kind of reliable information, without spending a cent the best option is certainly Lunyr.
Lunyr Project, also pronounced "Lunar Project" is an innovative "decentralized crowdsourced encyclopedia". The aim of the project is to build a reliable and decentralized encyclopedia with information reviewed by experts through peer to peer technology. It will not only be used by people around the world, but also by developers, in fact there will be an API that can be utilized as the foundation for new applications.

Why choose Lunyr?

The information will be provided by users, who get rewarded with "Lunyr Tokens" or LUN, that can be used to put advertisements on the platform.The quality and reliability of the information is guaranteed by the innovative peer reviews system and to ensure that every submitted information is reviewed by qualified users they use machine leaning to mach reviewers with topics with which they will likely be familiar. The review system is very strictly, so every fake, malicious or inappropriate content will be instantly rejected.

Who can use it?

The contributed content are of public knowledge and can be accessed, redistributed, and edited by anyone for free. Anyone can create or edit an article, if it will pass the review the user can claim HNR and LUN tokens from smart contracts. He can use HNR to resolve quality issues or disputes and LUN to put advertisements.The future of the project.The long-term vision of the project is to develop a knowledge base API that developers can use to create new applications in virtual reality, augmented reality, artificial intelligence, and more.

The Lunyr Project

How can you contribute?

They are launching a crowdsale on March 29 at 16:00 UTC, it will be capped at 250,000 Ether. During the crowdsale it will be possible to buy LUN simply sending Ether to the token contract. More information can be found on the crowdsale page.

More information on the LUNYR project can be found on Lunyr.com

Lunyr Crowdsale Information

Market

A strategic component of the Lunyr platform is its advertising system, which allows for the purchase of advertising on the platform using Lunyr tokens (“LUN”). Although the Lunyr platform is unique in its design, decentralization, and vision, it can be compared to Wikipedia.

Wikipedia today ranks as the sixth most visited site in the world according to Alexa rankings. It attracts 470 million unique visitors who view over 19 billion pages per month. Estimating the amount of advertising revenue Wikipedia could generate if it allowed advertising on its pages provides clues to the potential demand for LUN:

In 2006, Jason Calcanis, the cofounder of Weblogs, Inc, which was acquired by AOL, published an article about Wikipedia estimating an annual advertising revenue potential of $100MM.
In 2008, BusinessInsider.com performed an analysis of Wikipedia and arrived at an annual advertising revenue potential of $350MM.
In 2011, Vincent Juhel published a thesis about Wikipedia for HEC Paris, and arrived at an annual advertising revenue potential of $1.6 billion dollars.

Vision

We will initially focus on fine-tuning the system to improve accuracy, increase content, and grow readership. Once the knowledge base matures, we will attract a wider audience by encouraging contributions of near real-time data on world events and translations in multiple languages. Ultimately, Lunyr intends to establish its brand globally as a reliable, accurate decentralized knowledge base.

Taking it a step further, we will grow the ecosystem by developing an API that will attract developers. This Lunyr API will allow developers to use the knowledge base as a backbone for creating next generation decentralized applications in Artificial Intelligence, Virtual Reality, Augmented Reality, and more.

Lunyr API
The Lunyr API holds promise for significantly changing existing business models and creating new ones. The Ethereum blockchain currently has no knowledge of the real world, yet most useful applications require real world information. Through the Lunyr API, decentralized applications will be able to tap into the knowledge base and grab accurate data on real world events and information. This leads to immediate benefits for Artificial Intelligence, Virtual Reality and Augmented Reality applications.

Artificial Intelligence
Artificial Intelligence projects similar to Siri or Amazon Echo are enhanced with the Lunyr API. When users ask fact-based questions, the decentralized application can dig through the Lunyr knowledge base and provide users with reliable, accurate answers.

Virtual Reality
The Lunyr API will enhance the intimate and visceral experience of interactive virtual worlds. Imagine putting on a virtual reality headset that lets you experience walking on the surface of Mars. As you walk along the cold, red-dusted ground, information about key landmarks and giant dust storms appear. All of this information is drawn from the knowledge base.

Augmented Reality
The Lunyr API can be the foundation for learning-based applications in Augmented Reality. Imagine you are at the beach on a sunny day and you see beautiful flowers by the seashore. You want to know what they are so you put on augmented reality glasses, which will identify the flowers, tap into the knowledge base, and give you all the information you need to satisfy your curiosity.

Crowdsale Summary

Initial LUN Supply Distribution

Funding Usage Breakdown

Author: Harry
0x5943C1D26Df7984Ed173997cAFD237f95AA6CF09

CryptoCoinsRevolution.com: The LUNYR Project

LUNYR - The Encyclopedia of the Future