Re: [ANN] Lynked.World : Solving Real Life Problems in the current Digital Era

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?

Hi Pixote

To ensure that additional supply of LYNK tokens (beyond the initial token supply of 200,000,000) is not being done at a rapid rate owing to the conversion of Lynk Boost Dollars (LBD) into LYNK, the distribution of LBD will be done in a controlled and phased manner with caps on the maximum amount of LBD being released each year. Additionally, specific locking periods will be introduced within which a member of the Lynked.World Platform cannot convert their LBD into LYNK tokens. This is to ensure that LYNK tokens do not depreciate in value owing to sudden increase in their supply.

Can you tell me more about these lynked boost dollars,how will their value be determined?