Changelly
Sponsored Link: Earn Start earning bitcoin by answering paid emails and completing microtasks - Register here!

Lunyr – Decentralized, Reward-based Encyclopedia


January 23, 2018 | Admin
Lunyr – Decentralized, Reward-based Encyclopedia | https://bl4nkcode.info/cryptocurrency/article/17/lunyr-decentralized-reward-based-encyclopedia Lunyr – Decentralized, Reward-based Encyclopedia

While access to free knowledge is available on the internet, so far, no platform has created a decentralized system where users can contribute with relevant facts and be rewarded, in return for their effort.


This is about to change, given the appearance of Lunyr, which is an Ethereum-based, decentralized platform of knowledge, where users are rewarded via tokens for contributing with information and peer-reviewing other people’s submissions. Commonly referred to as a decentralized encyclopedia, Lunyr implements an innovative system consisting of three main steps: 


1. Contribute to the world knowledge base by creating or editing existing articles 
2. Receive peer approval from other users 
3. Receive HNR, LUN and CBN tokens via smart contracts. 


Some of the main benefits associated with the Lunyr platform includes free access to a decentralized database of information, the ability to create or edit articles, an incentivized method of contributing with information, similarly-incentivized peer review system, and more. 


Additionally, the Lunyr platform is also censorship resistant, given its decentralized status, which means that it is easily able to cope with censorship efforts and oppression by authorities. Lastly, the platform is fully autonomous, as it has no central administrator. The community itself will be responsible for resolving quality issues, disputes and general management of the platform, thus putting everything in the hands of the community, for the better. Those interested in contributing to the platform will have to register via the Alpha program, whereas general readers will simply be able to access to a database of knowledge. 


As the platform will work on par with Ethereum, this means that the decentralized encyclopedia will have zero downtime. Unlimited, unrestricted and fulltime access to a database of community-shared and approved information.


The potential of the platform is virtually limitless, and in the long run, Lunyr hopes to create a knowledge base API which developers will use in order to create various decentralized applications, especially in the artificial intelligence, augmented reality and virtual reality niches. 


Sponsored Link: Earn Start earning bitcoin by answering paid emails and completing microtasks - Register here!
Black Insurance

Black Insurance (BLCK) Upcoming ICO

Marketplace for insurance brokers and investors on blockchain.
ICO Starts in November 01, 2018

Press Releases - Bl4nkcode.info Press Releases

CoinSchedule and Trecento Blockchain Capital to Launch a joint fund to Invest in the Most Promising Blockchain Projects
17th of October 2018 - OXFORD, UK and GENEVA, SWITZERLAND: Coinschedule, the British blockchain portal, and Trecento Blockchain Capital...
Press Release
Canadian Cloud Mining Powerhouse Nuvoo Revolutionizes Cloud Mining Industry with a Month-to-Month Contract and 50% Cheaper Rates!
Nuvoo, the largest crypto ecosystem mining company in Canada, is now taking giant strides towards emerging as the world’s leading platform for convenient and profit...
Press Release
SimpleFX Makes CFD Trading Fast and Easy Like Never Before with the Launch of the New SimpleFX WebTrader Tool
SimpleFX, one of the fastest growing CFD platforms, has just released a new version of SimpleFX WebTrader with the goal of becoming the fastest and easiest of all...
Press Release
Eligma reveals the future of shopping with its MVP: AI shopping assistant Elly to save time and money
5 September 2018 – Founded by technology enthusiasts and supported by an eminent advisor pool, the Eligma company is dedicated to changing the world of commerce...
Press Release
Bl4nkcode Telegram Channel