47,923.12 Ether were submitted in the crowdsale (1 ether = 44 LUN). The initial LUN supply in the white paper indicates distribution of the tokens in the following setup; 78% Crowdsale purchases, 15% Lunyr Team, 2% bug bounty, 5% Marketing/promotion.
78% = 2,108,617.18 LUN (47,923.12 ether x 44)
15% = 405,503.4 LUN (time-locked for 180 days)
2% = 54,067.12 LUN
5% = 135,167.8 LUN
100%= 2,703,356 LUN
85% of the LUN tokens are circulation due to the time lock of 15% for the Lunyr team.
This makes the total supply for now;
2,297,852.6 LUN tokens.
After the beta release there will be an inflation of 3% per year. The inflation is finite, so eventually there were will be an inflation of 0% (no new tokens). Does anybody at what rate the disinflation is?
Thanks!
Anybody know about the payouts model, what will be the source of payout to contributors and how much are payouts going to be?
Please read the white paper for more details, you can find it at lunyr.com.
but real quick, Advertisers buy LUN and with LUN they pay for ad space. The LUN coming from the ads will be placed in a pool and will be divided to the contributors of content every 2 weeks. If you know how internet marketing works then you know the payout depends on how popular LUNYR is. More page views means higher money flow and more ads. And I am confident that LUNYR will get millions and millions of page views per month (maybe even billions in the longterm). LUNYR will be a medium like wikipedia, but probably better, nicer interface, modern but the most important part is the RELIABLE and TRUST part.
Will LUNYR be bigger than wikipedia? Probably not in short term, but it will be used by many people.
What are their latest updates? Cant find much from them. Starting to look like a scam.
Show Posts
What was the ICO price for this?
