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Author Topic: [ANN] Lynked.World : Solving Real Life Problems in the current Digital Era  (Read 202570 times)
Pixote
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October 20, 2018, 03:01:02 PM
 #1021

What will you do with unsold tokens? Will they be burned?

Hi Dzefa

No, they won't be burned.All unsold Tokens after the token sale (based on the hard cap of 25 million USD) will be moved to the Community Reward Pool.

For what will those tokens be used,in community reward pool?

Hi Samson_bbl

Community reward pool will be used for Lynked.World Reward system.

The Lynked.World Rewards System and LBD (Lynk  Boost  Dollars)  form  the foundation  for  rewarding contributors  in the Lynked.World ecosystem and for creating  awareness and  promoting  adoption  of  the ecosystem among the masses.The Lynked.World Rewards System promotes  and encourages  content  creators  to  publish  their  content  on  the Lynked.World platform and  in  turn  getrewarded with Lynk Boost Dollars (LBD) for the same.These  rewards (for example) are awarded  to users  who contribute to the ecosystem via blogs, articles, posts  etc. The reward  points  are calculated based on an internal algorithm, depending on parameters such as the uniqueness, originality, exclusiveness of the content. The algorithm has also  been  designed  to be intelligent  enough to stop the abuse of the reward scoring system to  deter  manipulation  and  to  make  sure  that  rewards are always directed towards genuinely deserving individuals.


Will there be some cap on the amout of LYNK tokens created each year through reward system?
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Lynked.World (OP)
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October 20, 2018, 03:20:43 PM
 #1022

What are some main features of your wallet?

Hi Melkor32

Main features of our wallet will be:
-Secure storage of digital documents on your mobile device.
-Control of your own data –Share only what is explicitly authorized by you
-Get your documents verified on blockchain
-Enabling authorities to issue digitally signed documents to user wallets

Lynked.World (OP)
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October 20, 2018, 03:24:29 PM
 #1023

How will you control impersonation of account? For examples someone pretends that they are someone else?

Hi Sengjen

Every user account will required to be verified using Government approved services. Once verified that account will be shown as verified account.

Does this mean that you will have to sign some kind of a contract with government in each state?

Hi Bacara

Yes, we will sign agreements with governments. For example, we already signed an agreement with 2 municipalities in India, that will use our solution.
7

It would be awesome if you manage to do this kind of deals in Europe too!

Hi MitskiThe

We will certainly reach Europe too! At the moment we are focused on the actual implementation of our solutions, we want to make sure everything is working properly before expansion.
Lynked.World (OP)
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October 20, 2018, 03:31:15 PM
 #1024

Whats the minimum and maximum investment during your Private Sale?

Hi Huagwei

Minimum needed to invest in order to join Private Sale is 1 ETH, while we don't have maximum amount, so basically all leftover tokens are up for the grabs!
Lynked.World (OP)
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October 20, 2018, 03:36:22 PM
 #1025

What will you do with unsold tokens? Will they be burned?

Hi Dzefa

No, they won't be burned.All unsold Tokens after the token sale (based on the hard cap of 25 million USD) will be moved to the Community Reward Pool.

For what will those tokens be used,in community reward pool?

Hi Samson_bbl

Community reward pool will be used for Lynked.World Reward system.

The Lynked.World Rewards System and LBD (Lynk  Boost  Dollars)  form  the foundation  for  rewarding contributors  in the Lynked.World ecosystem and for creating  awareness and  promoting  adoption  of  the ecosystem among the masses.The Lynked.World Rewards System promotes  and encourages  content  creators  to  publish  their  content  on  the Lynked.World platform and  in  turn  getrewarded with Lynk Boost Dollars (LBD) for the same.These  rewards (for example) are awarded  to users  who contribute to the ecosystem via blogs, articles, posts  etc. The reward  points  are calculated based on an internal algorithm, depending on parameters such as the uniqueness, originality, exclusiveness of the content. The algorithm has also  been  designed  to be intelligent  enough to stop the abuse of the reward scoring system to  deter  manipulation  and  to  make  sure  that  rewards are always directed towards genuinely deserving individuals.


Will there be some cap on the amout of LYNK tokens created each year through reward system?

Hi Pixote

To ensure that additional supply of LYNK tokens (beyond the initial token supply of 200,000,000) is  not  being  done  at  a  rapid  rate  owing  to  the  conversion  of  Lynk  Boost  Dollars  (LBD) into  LYNK, the distribution of LBD will  be done in a controlled and phased manner with caps on the  maximum amount of LBD being released each year. Additionally, specific locking periods will be introduced within which a member of the Lynked.World Platform cannot convert their LBD into LYNK tokens. This  is to ensure that LYNK tokens do not depreciate in value owing to sudden increase in their supply.
EDVED
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October 20, 2018, 04:11:34 PM
 #1026

Are there any restrictions when it comes to ICO participants?

Hi Charuga

Residents (tax or otherwise), citizens and green card holder of the United States of America (USA) and its territories are forbidden from taking part in the Lynked.World Token Sale.

So only US citizens can't participate in the ICO? I wonder because the list of banned countries is usually much biger in other projects.
PuryLock
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October 20, 2018, 04:11:43 PM
 #1027

What will you do with unsold tokens? Will they be burned?

Hi Dzefa

No, they won't be burned.All unsold Tokens after the token sale (based on the hard cap of 25 million USD) will be moved to the Community Reward Pool.

For what will those tokens be used,in community reward pool?

Hi Samson_bbl

Community reward pool will be used for Lynked.World Reward system.

The Lynked.World Rewards System and LBD (Lynk  Boost  Dollars)  form  the foundation  for  rewarding contributors  in the Lynked.World ecosystem and for creating  awareness and  promoting  adoption  of  the ecosystem among the masses.The Lynked.World Rewards System promotes  and encourages  content  creators  to  publish  their  content  on  the Lynked.World platform and  in  turn  getrewarded with Lynk Boost Dollars (LBD) for the same.These  rewards (for example) are awarded  to users  who contribute to the ecosystem via blogs, articles, posts  etc. The reward  points  are calculated based on an internal algorithm, depending on parameters such as the uniqueness, originality, exclusiveness of the content. The algorithm has also  been  designed  to be intelligent  enough to stop the abuse of the reward scoring system to  deter  manipulation  and  to  make  sure  that  rewards are always directed towards genuinely deserving individuals.


Will there be some cap on the amout of LYNK tokens created each year through reward system?

Hi Pixote

To ensure that additional supply of LYNK tokens (beyond the initial token supply of 200,000,000) is  not  being  done  at  a  rapid  rate  owing  to  the  conversion  of  Lynk  Boost  Dollars  (LBD) into  LYNK, the distribution of LBD will  be done in a controlled and phased manner with caps on the  maximum amount of LBD being released each year. Additionally, specific locking periods will be introduced within which a member of the Lynked.World Platform cannot convert their LBD into LYNK tokens. This  is to ensure that LYNK tokens do not depreciate in value owing to sudden increase in their supply.


Can you tell me more about these lynked boost dollars,how will their value be determined?
STUNTMANMAJK
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October 20, 2018, 05:32:40 PM
 #1028

How will you control impersonation of account? For examples someone pretends that they are someone else?

Hi Sengjen

Every user account will required to be verified using Government approved services. Once verified that account will be shown as verified account.

Does this mean that you will have to sign some kind of a contract with government in each state?

Hi Bacara

Yes, we will sign agreements with governments. For example, we already signed an agreement with 2 municipalities in India, that will use our solution.
7

It would be awesome if you manage to do this kind of deals in Europe too!

Hi MitskiThe

We will certainly reach Europe too! At the moment we are focused on the actual implementation of our solutions, we want to make sure everything is working properly before expansion.

It's important that the platform works, it must be the priority.
Tyrant76
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October 20, 2018, 08:49:13 PM
 #1029

Whats the minimum and maximum investment during your Private Sale?

Hi Huagwei

Minimum needed to invest in order to join Private Sale is 1 ETH, while we don't have maximum amount, so basically all leftover tokens are up for the grabs!
What was your reason for setting 1 ETH minimum during private sale?
Anozig12
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October 20, 2018, 09:34:39 PM
 #1030

How will you control impersonation of account? For examples someone pretends that they are someone else?

Hi Sengjen

Every user account will required to be verified using Government approved services. Once verified that account will be shown as verified account.

Does this mean that you will have to sign some kind of a contract with government in each state?

Hi Bacara

Yes, we will sign agreements with governments. For example, we already signed an agreement with 2 municipalities in India, that will use our solution.
7

It would be awesome if you manage to do this kind of deals in Europe too!

Hi MitskiThe

We will certainly reach Europe too! At the moment we are focused on the actual implementation of our solutions, we want to make sure everything is working properly before expansion.

It's important that the platform works, it must be the priority.
I agree,before expansion you need a working product
CrnaSupa
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October 20, 2018, 09:43:38 PM
 #1031

Can i be part of Lynked.World without investing any money?
Trickz23
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October 20, 2018, 10:18:53 PM
 #1032

Does Lynked.World keep copies of verified documents?
WhoWuWho
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October 21, 2018, 01:48:21 AM
 #1033

How will you control impersonation of account? For examples someone pretends that they are someone else?

Hi Sengjen

Every user account will required to be verified using Government approved services. Once verified that account will be shown as verified account.

Does this mean that you will have to sign some kind of a contract with government in each state?

Hi Bacara

Yes, we will sign agreements with governments. For example, we already signed an agreement with 2 municipalities in India, that will use our solution.
7

It would be awesome if you manage to do this kind of deals in Europe too!

Hi MitskiThe

We will certainly reach Europe too! At the moment we are focused on the actual implementation of our solutions, we want to make sure everything is working properly before expansion.

Makes sense to get things to work like a clock and then to focus on expansion.
DtpNumbered
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October 21, 2018, 01:54:39 AM
 #1034

Can i be part of Lynked.World without investing any money?

You certainly can, you can join bounty campaign for example and support the project with you activities and in turn you get some rewards.

Check this thread out and see if this works for you.

https://bitcointalk.org/index.php?topic=4990965
Blackladder
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October 21, 2018, 02:01:29 AM
 #1035

Whats the minimum and maximum investment during your Private Sale?

Hi Huagwei

Minimum needed to invest in order to join Private Sale is 1 ETH, while we don't have maximum amount, so basically all leftover tokens are up for the grabs!
What was your reason for setting 1 ETH minimum during private sale?

Well, because market is down 1 ETH seems quite acceptable and that is reason behind it.If market situation was better I'm sure the minimum would be a bit higher.
Klackalica
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October 21, 2018, 02:07:18 AM
 #1036

How does the process of registering an organization or university work?
DOBARLOSZAO
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October 21, 2018, 07:46:43 AM
 #1037

Whats the minimum and maximum investment during your Private Sale?

Hi Huagwei

Minimum needed to invest in order to join Private Sale is 1 ETH, while we don't have maximum amount, so basically all leftover tokens are up for the grabs!
What was your reason for setting 1 ETH minimum during private sale?

Well, because market is down 1 ETH seems quite acceptable and that is reason behind it.If market situation was better I'm sure the minimum would be a bit higher.


Maybe, but the amount was determined earlier, the market situation was significantly different ... whatever 1 ETH is rational amount.
Lynked.World (OP)
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October 21, 2018, 07:51:02 AM
 #1038

What will you do with unsold tokens? Will they be burned?

Hi Dzefa

No, they won't be burned.All unsold Tokens after the token sale (based on the hard cap of 25 million USD) will be moved to the Community Reward Pool.

For what will those tokens be used,in community reward pool?

Hi Samson_bbl

Community reward pool will be used for Lynked.World Reward system.

The Lynked.World Rewards System and LBD (Lynk  Boost  Dollars)  form  the foundation  for  rewarding contributors  in the Lynked.World ecosystem and for creating  awareness and  promoting  adoption  of  the ecosystem among the masses.The Lynked.World Rewards System promotes  and encourages  content  creators  to  publish  their  content  on  the Lynked.World platform and  in  turn  getrewarded with Lynk Boost Dollars (LBD) for the same.These  rewards (for example) are awarded  to users  who contribute to the ecosystem via blogs, articles, posts  etc. The reward  points  are calculated based on an internal algorithm, depending on parameters such as the uniqueness, originality, exclusiveness of the content. The algorithm has also  been  designed  to be intelligent  enough to stop the abuse of the reward scoring system to  deter  manipulation  and  to  make  sure  that  rewards are always directed towards genuinely deserving individuals.


Will there be some cap on the amout of LYNK tokens created each year through reward system?

Hi Pixote

To ensure that additional supply of LYNK tokens (beyond the initial token supply of 200,000,000) is  not  being  done  at  a  rapid  rate  owing  to  the  conversion  of  Lynk  Boost  Dollars  (LBD) into  LYNK, the distribution of LBD will  be done in a controlled and phased manner with caps on the  maximum amount of LBD being released each year. Additionally, specific locking periods will be introduced within which a member of the Lynked.World Platform cannot convert their LBD into LYNK tokens. This  is to ensure that LYNK tokens do not depreciate in value owing to sudden increase in their supply.


Can you tell me more about these lynked boost dollars,how will their value be determined?

Hi PuryLock

The  Lynk  Boost  Dollar  is  a  token  relevant  only  within the realms of Lynked.World eco system.
The value of each LBD is pegged 1:1 to the USD (US Dollar). Lynk Boost Dollars cannot be freely traded  outside  Lynked.World,  however,  they  can be redeemed for LYNK tokens which can in turn be traded on crypto currency exchanges.
Lynked.World (OP)
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October 21, 2018, 07:55:33 AM
 #1039

Does Lynked.World keep copies of verified documents?

Hi Trickz23

No. Lynked.World does not keep any personal documents. Those are kept in user’s personal device. When requested, user will provide the digitally verified document to the requestor by scanning requestor’s QR Code.






Lynked.World (OP)
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October 21, 2018, 07:58:57 AM
 #1040

Does Lynked.World keep copies of verified documents?

I would also like to know how much does it cost to verify a document?


Hi KureBabino


That is not decided yet, but it will be accessible to everyone, as we want people to verrify their documents.
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