Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Lynked.World : Solving Real Life Problems in the current Digital Era
by
Pixote
on 20/10/2018, 15:01:02 UTC
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?