Token SaleLunyr Token Sale: A distributed knowledge-base built on Ethereum The Lunyr token sale is raising funds to launch a digital knowledge-base built on the Ethereum network.Similar to Wikipedia, Lunyr will leverage contributions from users to build up a decentralized encyclopedia; however, Lunyr will differ from Wikipedia in a number of ways.First, Lunyr will have an internal token economy designed to incentivise content producers and editors.Second, Lunyr will require content to undergo multiple peer review cycles before publication.Finally, Lunyr will sell space for text-only advertisements.Fifteen percent of the proceeds earned from advertisements will be distributed to the Lunyr foundation, the remaining 85% will be used to reward content producers.Role of token:Used as a means of payment and to reward content creationToken supply:Proportionate to token sale participationDistributed in Token sale:      78%Emission rate:3% annuallyConsensus method:EthereumSale period:March 29th, 2017 to April 26th, 2017First price:44 LUN per 1 ETHToken distribution date: Minimum investment goal:     25,000 ETHMaximum investment cap:250,000 ETHHow are funds held:Ethereum smart contractMainnet release date:Quarter one, 2018Participation instructions Token Sale

Join our Telegram Channel!Get Bitcoin News stories in Telegram × DismissFilter search All categories News - Video - Archive - People - Reviews - Companies - Legislation Details Category: News Published: 18 August 2016 Hits: 1152 Who will win the US presidentials?bitcoin qt hackedWhat fate awaits Bitfinex?cara mendapatkan bitcoin mudahWho will be a tabloid star’s next husband?ethereum music industryA new decentralised prediction market is being launched to bet on these things.bitcoin zdjeciaThe beta version of Ethereum-based forecasting service Gnosis is announced to be released this week, developed by Stefan George and Martin Köppelman.bitcoin stock symbol nyse

People will be able to bid on the outcome of any events from sports games to political elections and win money for correct predictions.Today the site only gives general information without access to its core functions, which will be available one of these days, as promised by the developers.mercado bitcoin litecoinMoreover, they expect their creation to become a platform for an array of new user-made prediction markets in the future.The Gnosis team relies on decentralisation, anonymity and absence of monetary control provided by the blockchain platform.At the same time, prediction market advocates believe that such projects contribute to disclosure of information that would otherwise be concealed, in favour of academics and businesses.Non-blockchain analogues, such as Intrade, used to be either shut down by governments or strangled by regulatory restrictions.To date, the only existing analogue of Gnosis is the Augur platform, successfully launched last year.

In just two days of pre-sales started on 17 August 2015, Augur received more than 4,200 BTC and 549,000 ETH.However, there are differences in the way the two platforms operate.Thus, while Augur uses the work of numerous oracles to produce forecasts, Gnosis employs a single selected one.If other oracles disagree with the prediction, the decision is collectively made at the oracle pool.In the future, Gnosis developers plan to implement on the platform a futarchy system, that is, two-stage voting when members first choose an initiative and then vote for the set of actions necessary for its realisation.Blockchain application ensures transparency of this process.$ 2,699.83 0.52% € 2,419.65 0.60% ¥ 19,868.44 0.34% £ 2,131.13 0.20% ₽ 161,617.56 -0.20% Last price % 24h high 24h low 24h volume # Coins Market cap ethereum ETH $ 327.999378 $ $ $ 292,730,362 $ ethereum ETH Last price % 24h high 24h low 24h volume $ # Coins Market cap Buy / Sell instantly!

Website Explorer Discussion Buy / Sell instantly!Exchange Pair last price volume Poloniex ETH/BTC $ 326.139489 $ 40,261,857 Okcoin ETH/CNY $ 330.093579 $ 39,585,291 Bithumb ETH/KRW $ 328.189902 $ 37,523,933 GDAX ETH/USD $ 326.322430 $ 21,563,949 Gemini ETH/USD $ 325.427220 $ 15,506,812 Bittrex ETH/BTC $ 326.700352 $ 15,415,908 CHBTC ETH/CNY $ 331.094486 $ 14,810,723 Bitfinex ETH/BTC $ 326.139408 $ 14,019,909 Huobi ETH/CNY $ 330.868889 $ 13,123,016 Yunbi ETH/CNY $ 334.367490 $ 12,495,711 Gatecoin ETH/BTC $ 329.379204 $ 11,140,939 Korbit ETH/KRW $ 328.428810 $ 9,841,879 Bitfinex ETH/USD $ 325.634162 $ 8,212,743 Yobit ETH/BTC $ 326.652943 $ 7,487,331 <<  SHOW ALL  >> Total/Average ETH/BTC $ 327.999378 $ 292,730,362 Tweets by @ethereumproject xCan't load widget 1JVzATpuSvyz889mquf6Y7atUnAYFFUGyg

Thursday was, I think, a historic day–though whether it becomes a memorable milestone like the launch of the Altair 8800, or an obscure footnote à la CP/M, remains to be seen.Thursday was the day that the Ethereum Project finally launched, after much sound and fury, including raising ~US$10 million (in Bitcoin.)It’s a fascinating, wildly ambitious project, and it is vaporware no more.To explain Ethereum, let’s first go back to Bitcoin.By now it’s widely understood that Bitcoin is a virtual currency secured by cryptography and the computing power of its decentralized mining network.It’s less well understood that Bitcoin is more than just bitcoins; every Bitcoin transaction is actually a program written in a custom scripting language.That language is not Turing-complete, though, meaning, basically, it’s not a full-fledged programming language.(Turing-complete is not a particularly high bar.TrueType fonts come with a Turing-complete scripting language.Bitcoin’s scripting language isn’t because that was a deliberate security/performance decision by Satoshi Nakamoto.)

Ethereum, like Bitcoin, is built on a blockchain, and has a decentralized mining network.Its coins are called “Ethers”; it raised its millions in seed money by pre-mining and selling a large quantity of ethers to believers/investors.But its scripting language is Turing-complete and full-featured, which vastly expands the kinds of smart contracts that it supports.Indeed, Ethereum is intended not as a new cryptocurrency, but as a massive virtual machine running atop a decentralized blockchain.To me, the two most interesting things about Bitcoin are that it is fully decentralized, and it is programmable money.Ethereum is both of those things on steroids.It is explicitly designed to “decentralize the web,” i.e.provide services and content that are maintained by its entire network, without having to rely on, or trust, any particular company or server cluster.(The pedant in me wants to argue that “decentralize the Internet” is both more accurate and more meaningful, but never mind.)

The potential applications are extraordinarily wide-ranging.An interesting forecasting / early-warning-system prediction market named Augur has already alpha launched atop Ethereum.I expect, eventually, whole categories of smart-contract applications that don’t yet exist at all — such as decentralized autonomous systems — because blockchain-based virtual machines are whole new kind of platform.…OK, let’s cease the starry-eyed handwaving and return to earth for a bit.These are very early days; this is only the first preliminary phase of a multi-stage launch.(One which will theoretically end with an eyebrow-raising transition from proof-of-work to proof-of-stake, for you hardcore cryptocurrency nerds out there.)Even then, performance will be terrible; it will be a decentralized virtual machine, but a painfully slow and weak one compared to the computer on your desk, or even the one in your pocket.My suspicion is that Ethereum is an important step forward, a significant milestone, but by no means the end of the road.