Review on Lunyr by Tural Ahmadli
What is LUNYR and should it be invested?
Hello everyone, I'm Tural. Today I will tell you about LUNYR, a cryptocurrency. We all know something about cryptocurrencies, one of the cryptocurrencies that has affected the world in recent years is LUNYR. A decentralized and peer-to-peer database, also known as "Blockhain-based Wikipedia", is one of the applications aimed at the event.
Here, a system has been prepared that allows authors to win awards while writing articles. Authors were allowed to earn LUN coins in exchange for quality pieces.
Initially, LUNYR will focus on the crypto world and future projects.
Later, after the writer community expands, it will be in other fields such as science and technology and investment. A token called Lun is used as a reward for peer review and contributors. It is developed on the Ethereum network. It is fully integrated into the Ethereum ecosystem. Lun tokens are rewarded not only to people who write articles, but also to people who review them. Lun tokens are not issued, instead the article is written on the page or it is earned by examining other articles. Lun coins are used to buy advertising space on the LUNYR platform.
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Pros
- The decentralized and peer-to-peer nature of Lunyr allows all content in its knowledge base to be free from manipulation and censorship.
- Wikipedia has an estimated 470 million unique visitors each month and around 19 billion page views per month.
Cons
- Unlike other cryptocurrencies, LUN coins cannot be mined
