Lunyr Successfully Concludes its Crowdsale

Bitcoin Press Release: Lunyr, the first decentralized world knowledge base built on Ethereum, has successfully concluded its crowdsale on April 27, 2017.

April 27, 2017 – Lunyr team is excited to announce the completion of its successful ICO. The crowdsale which was launched on March 29 at 16:00 UTC has been a resounding success for our Ethereum based platform. The ICO saw community members buying a total of 2,703,356 LUN, paving the way for the next phase of development.

The majority of the funds will be used for research and development. The rest will be used for marketing, legal, and operational costs. A detailed breakdown of fund allocation is available in the whitepaper.

The crowdsale concluded on Ethereum block number 3,613,560. The Lunyr crowdsale had already successfully exceeded the target on April 22 itself. We have received enormous support from the community, partners, and everyone involved. We are thankful for the support and will continue striving to make Lunyr an incredible success.

Lunyr is set to become one of the major decentralized applications on Ethereum with its invitation-only alpha release. The design and development of the Lunyr invitation-only Alpha is already underway and is set to come out soon.

The crowdsale has been an affirmation of Lunyr’s goals and mission. When we started this project, we were inspired by the vision of building the future of knowledge sharing.  So we set out to build Lunyr, an Ethereum-based decentralized crowdsourced encyclopedia which rewards users with app tokens for peer-reviewing and contributing information.

This world knowledge base will have a knowledge base API that developers can use to create next generation decentralized applications in Artificial Intelligence, Virtual Reality, Augmented Reality, and more.

Lunyr is excited about the plethora of possibilities and the bright future of the project. For this, the Lunyr team needs your continued support now more than ever.

About Lunyr

Lunyr (pronounced “Lunar”) is an Ethereum decentralized crowdsourced encyclopedia where users get rewarded app tokens for peer-reviewing and contributing information. We aim to be the central starting point of the internet for finding reliable, accurate information. The long-term vision is to develop a knowledge base API that Prediction Markets, Artificial Intelligence, Augmented Reality and other software can use to create next generation decentralized applications.

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