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Author Topic: [ANN]🔥 LUNYR 🔥 Decentralized World Knowledge Base on Ethereum / OPEN BETA 🚀  (Read 297445 times)
denam
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April 15, 2017, 12:41:26 PM
 #641

I have also careful position over the situation as there was no bonus phase this project in spite of being very good still facing uncertainty of meeting its minimum goal. I have prepared some small amount but this is what is keeping me held. May be many people are thinking same way but will keep watching regularly.
jeks
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April 15, 2017, 04:22:13 PM
 #642

May not give much results in the short term but I think this campaign will be effective for a long time. I hope this job keeps on.
arnpham
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April 15, 2017, 06:18:48 PM
 #643

Less than 2 weeks remaining.How you can guarantee that this ico campaign will reach the minimum threshold even there is no early bird bonus available?
Nobody guarantees anything. If you like the project and believe in their vision and their token utility, invest in the ICO. If not, don't bother.

Yeah, but this ETH token's use case is far more doable and what we actually need in today's wired world.

Hey, dev, while at it... Why not add a Wikileaks-type section to the planned knowledge base?  Wink

It's likely we will expand our model to other applications in the future. Immediate possibilities include applications like Wikileaks or Wikia.

Litemit
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April 15, 2017, 07:03:49 PM
 #644

Less than 2 weeks remaining.How you can guarantee that this ico campaign will reach the minimum threshold even there is no early bird bonus available?
Nobody guarantees anything. If you like the project and believe in their vision and their token utility, invest in the ICO. If not, don't bother.

Yeah, but this ETH token's use case is far more doable and what we actually need in today's wired world.

Hey, dev, while at it... Why not add a Wikileaks-type section to the planned knowledge base?  Wink

It's likely we will expand our model to other applications in the future. Immediate possibilities include applications like Wikileaks or Wikia.
I always wait until a crowdfund reach the minimum cap.I don't want to get refund and give some unusual escrow fee for having nothing.So lets wait for 25k ETH and then i'll decide weather invest in lunyr or not.

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April 15, 2017, 07:34:31 PM
 #645

Less than 2 weeks remaining.How you can guarantee that this ico campaign will reach the minimum threshold even there is no early bird bonus available?
Nobody guarantees anything. If you like the project and believe in their vision and their token utility, invest in the ICO. If not, don't bother.

Yeah, but this ETH token's use case is far more doable and what we actually need in today's wired world.

Hey, dev, while at it... Why not add a Wikileaks-type section to the planned knowledge base?  Wink

It's likely we will expand our model to other applications in the future. Immediate possibilities include applications like Wikileaks or Wikia.
I always wait until a crowdfund reach the minimum cap.I don't want to get refund and give some unusual escrow fee for having nothing.So lets wait for 25k ETH and then i'll decide weather invest in lunyr or not.
Why investors are not interested to invest .It is so cool ico and first ico with wiki knowledge .
awds1th
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April 15, 2017, 08:46:42 PM
 #646

How can you have an unusual escrow fee when the refund is programmed into the crowdsale contract? There is no escrow. Smart contract don't need one.

FiliOrangGila
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April 15, 2017, 10:39:16 PM
 #647

May not give much results in the short term but I think this campaign will be effective for a long time. I hope this job keeps on.

over one month promotion is agree not long time
but promotion use signature campaign and social media campaign, result LUNYR coin in ico selling is good result
ruletheworld
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April 15, 2017, 11:06:09 PM
 #648

May not give much results in the short term but I think this campaign will be effective for a long time. I hope this job keeps on.

over one month promotion is agree not long time
but promotion use signature campaign and social media campaign, result LUNYR coin in ico selling is good result
Actually, I think one month of promotions via the bounties is plenty. This is especially the case when the project is also doing the ICO while the bounties are live, so it creates awareness in the community, and the people who learn about the project can then immediately participate in the ICO. Since there are no bounties, there is no fear of 'being left in the dark' for a few days, and therefore getting a lower ICO price. Of course, there are pros and cons to any ICO structure.
kashish948
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April 15, 2017, 11:11:30 PM
 #649

launch in 2019! thats way too long a period in cryptos where things change monthly!
arnpham
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April 15, 2017, 11:44:15 PM
Last edit: April 16, 2017, 01:59:21 AM by arnpham
 #650

launch in 2019! thats way too long a period in cryptos where things change monthly!

Not quite. Our alpha launches in 2017 and the beta launches in 2018. Our development process is agile where we have an initial product that undergoes continuous iterations, not waterfall where there's just a beginning and end.

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April 16, 2017, 02:00:27 AM
 #651

Nice roadmap and interesting fund usage breakdown. But don't you think 15% is too much for founders and employees and advisors? Especially since you're getting that ON TOP of the ICO payment.

It will be fair if you lock up funds for longer periods of time, and unlock only after hitting some milestones. Otherwise this seems too greedy for my liking, basically another project promising the sky and saying they'll deliver it next year after collecting millions of dollars and paying off everyone in the team.


Hi devs, I have yet to get a reply about my statement.

What are your plans for the funds you received from the ICO?

Sure, I know you already broke down how the funds will be used in this post:

[
Initial LUN Supply Distribution




Funding Usage Breakdown






But I believe investors have the right to know more than just simply, %'s.

Unless you start sharing more information about how you would use these funds, and also propose an incentive to get work done without getting cash upfront, as proposed in my post above, this looks like an obvious money grab to me.

Right now, you have ZERO product, and you're selling a DREAM. Nothing more than that. Do you have any platform to demo or for us to beta/alpha test? Why not? By now, as a business trying to get investment, how do you not have any product? Do you try getting investments based on pipe dreams and pipe dreams alone?

Why do you need to pay such a high sum, 15% to "Founders, employees, and advisors"?
What constitutes "Research & Development", or "Benefits", or "Operations", or "Legal"?

Also, how can we confirm that the Smart Contract does exactly what you say it's supposed to do, like refund in the case of not meeting the minimum sum?

Any answer to my last post? Don't ignore my qn pls dev

This time it's different.
kalpit
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April 16, 2017, 03:04:51 AM
 #652

Nice roadmap and interesting fund usage breakdown. But don't you think 15% is too much for founders and employees and advisors? Especially since you're getting that ON TOP of the ICO payment.

It will be fair if you lock up funds for longer periods of time, and unlock only after hitting some milestones. Otherwise this seems too greedy for my liking, basically another project promising the sky and saying they'll deliver it next year after collecting millions of dollars and paying off everyone in the team.


Hi devs, I have yet to get a reply about my statement.

What are your plans for the funds you received from the ICO?

Sure, I know you already broke down how the funds will be used in this post:

[
Initial LUN Supply Distribution




Funding Usage Breakdown






But I believe investors have the right to know more than just simply, %'s.

Unless you start sharing more information about how you would use these funds, and also propose an incentive to get work done without getting cash upfront, as proposed in my post above, this looks like an obvious money grab to me.

Right now, you have ZERO product, and you're selling a DREAM. Nothing more than that. Do you have any platform to demo or for us to beta/alpha test? Why not? By now, as a business trying to get investment, how do you not have any product? Do you try getting investments based on pipe dreams and pipe dreams alone?

Why do you need to pay such a high sum, 15% to "Founders, employees, and advisors"?
What constitutes "Research & Development", or "Benefits", or "Operations", or "Legal"?

Also, how can we confirm that the Smart Contract does exactly what you say it's supposed to do, like refund in the case of not meeting the minimum sum?

Any answer to my last post? Don't ignore my qn pls dev

Many ICOs sell a dream only. It's not a point to worry.

You can actually read the code of smart contract and check if it would correctly do refund or not.

For other questions, better ask them on Slack.
arnpham
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April 16, 2017, 03:30:52 AM
Last edit: April 16, 2017, 05:28:54 AM by arnpham
 #653

It seems like your questioned has been answered. I apologize if we don't quite understand. What are you asking for specifically? Perhaps we can discuss it through Slack.

mummybtc
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April 16, 2017, 06:03:45 PM
 #654

launch in 2019! thats way too long a period in cryptos where things change monthly!

Most crypto projects are long term, unless you don't want them to deliver a solid platform, the value of the project will increase when more updates are released. Just look at Factom for example, a well run project
losk22
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April 16, 2017, 07:26:03 PM
 #655

Is it possible to launch a project without collecting the minimum amount required for ico?
dnz gns
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April 16, 2017, 08:22:43 PM
 #656

Can we pass for 10 days? Huh
I am hopeful of future investments on the last day.
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April 16, 2017, 08:33:14 PM
 #657

Is it possible to launch a project without collecting the minimum amount required for ico?

I'm glad that u brought it up. The answer is yes, FTC, DOGE, LTC, MYR and a series of other pioneering alts were launched without relying on public funding. Yeah good old times. Today no one seems to care about the state of crypto because money is the top priority for everyone. What's weird is that now people seem to pay much more in terms of USD and BTC, for altcoin scams, compared to what they have been paying for coins of the same or comparable quality during 2015. That is very odd. Extremely odd.
juras54
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April 16, 2017, 09:27:02 PM
 #658

launch in 2019! thats way too long a period in cryptos where things change monthly!

Most crypto projects are long term, unless you don't want them to deliver a solid platform, the value of the project will increase when more updates are released. Just look at Factom for example, a well run project

Of course, if lunyr realize even half of what was conceived, the price will be more 30mln$ cap
CryptoCoinNews
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April 16, 2017, 09:57:14 PM
 #659

Is it possible to launch a project without collecting the minimum amount required for ico?

I think ico selling Lunyr coin this now is ready much investor, until reach 14k ethereum, over 700k dollar
so if not reach minimum target i think project still run and not refund to investor

or maybe can open second ico selling
bistrobit
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April 16, 2017, 11:27:02 PM
 #660

Is it possible to launch a project without collecting the minimum amount required for ico?

I think ico selling Lunyr coin this now is ready much investor, until reach 14k ethereum, over 700k dollar
so if not reach minimum target i think project still run and not refund to investor

or maybe can open second ico selling
second ico can help to collect 24k eth . Better to so it in summer after some promotion maybe.
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