What is Lunyr?
Lunyr is a decentralised knowledge sharing platform which is in development that rewards people for submitting and peer reviewing articles. You might be thinking this sounds a lot like Steemit but I assure you it is quite different! Steemit is a blogging platform whereas Lunyr is an information and learning platform! I can assure you that you won't be seeing people posting pictures of cats and arbitrary musings on Lunyr.
Lunyr allows users to submit articles for peer review and should it pass this process, then and only then is the article published. In a way, Lunyr is to Wikipedia as Steemit is to Facebook, only Lunyr is much more academic then Wikipedia. This level of incentivised peer review and focus based publishing means that the information on the platform will be much more likely to be correct.
The following is a quote from the Lunyr website:
"Lunyr is an Ethereum-based decentralized world knowledge base which rewards users with app tokens for peer-reviewing and contributing information. We aim to be the starting point long-term vision is to develop a knowledge base API that developers can use to create next generation decentralized applications in Artificial Intelligence, Virtual Reality, Augmented Reality, and more."
Both publishing and peer reviewing articles will be rewarded in CBN, LUN, and HNR via smart contract although there is no way of knowing how lucrative it will be just yet.
Sounds good, should I be stocking up on Lunyr coins then?
I don't know is the simple answer to that, it depends on how much you believe in the project. I personally might invest a bit, but I definately won't be dumping thousands into it. Currently the price of Lunyr tokens is $14.65 after exploding in price on the 10th of August 2017. I would recommend against buying now as the trajectory is clearly on a downward trend however it might be worth keeping an eye out and buying when the price stabilised.
Conclusion
I like the premise of Lunyr and the idea that in the future if I want to know the answer to a question I can just look it up on a decentralised platform, knowing that the info I read has been double checked through peer review. No release date has yet been released by the devs but when I find out I will of course update you. Keep an eye on this one, it could one day be a massive platform for both crypto enthusiasts and for the general public.
Happy Investing!
Cryptoviking
