Bullshit detector: what's happening with Lunyr after ICO?

Overview from the team kript.io

What is Lunyr: a decentralized crowdsourced encyclopedia. A platform provides advertisement and honorarium for authors and editors. Users are rewarded with tokens for peer-reviewing and contributing information. They also plan to develop a knowledge-based API that artificial intelligence can use to create content and other applications in future.
Website: lunyr.com

Token trading: May 1st, 2017.

Where to buy tokens: Hitbtc, Yobit, Bittrex.

Token price: +529,5%.

How much they planned to make/made: from 25.000 to 250.000 ETH / 47,923 ETH ($3,4 million).

What their token gives you: an internal currency to pay for advertisement on the platform.

What will happen to tokens: every year the number will increase up to 3%. Every 2 weeks Lunyr will take 15% of all mined tokens.
What they promised/made:
  • to release a private alpha-version in the Q2 — ✔️
  • to release a public apha-version in the Q3 — not yet

Ethereum developers, startuppers from Silicon Valley, an author of the Ethereum Programming, and a former Account Manager at Oracle.
Specific results: they released the alpha-version where users can edit the published articles or create the new ones. The test version is only available for those who received an invitation.

Review after ICO: they gave away tokens through a bonus program, rebranded Lunyr, expanded the staff with new designers, developers, and marketers. They also released the alpha-version with an editor option to write and publish articles as well as correcting a wrong information. The company is waiting for feedback from the testing users to release the public alpha-version.
Communication: slack, reddit, twitter, linkedin, facebook, medium, github

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