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LYNQYO - Whitepaper
  • 💡Project explained
    • 🔍Lynqyo Overview
      • Content economy: challange and potential
      • Creator: web3 protocols, applications and tools for a decentralized content-led economy
  • 👨‍💻User system
    • Web3 gateway: lynq.yo/ ‘links’
    • Creator⇋fan: ecosystem pipe
    • Creator: system⇔journey
    • Fan: system⇔journey
  • 🛡️Lynqyo Content Economy Protocol
    • Structure
    • Creating value: tokenized intangible content
    • DAO: governance of tokenized intangible content
      • Quadratic voting
  • 🪙The token
    • Lynqyo token: $LNQ
    • Functionality
    • Intrinsic challenges
    • Technical approach
    • Automated Royalty Distribution
    • Protection
  • 🚧Product architecture
    • Approach
    • Web3 portal for tokenized content: CUBE
    • Subscription payments and lending: creator DeFi
    • Thrust subscriptions: dAPP
  • 📊Tokeomics: Ecosystem, Applications and Associations
    • Balanced approach
    • Transactions
    • User Engagement Rewards: Creator+Fan
    • User engagement rewards: the how
    • Flow controls: auto-management
    • Flow controls: principle equation
    • Token allocations
  • 🛣️Roadmap
    • Stage 1: 2022
    • Stage 2: 2023
    • Stage 3: 2024
  • 📲Connect with us
    • Social media links
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  1. The token

Intrinsic challenges

Lynqyo grants access to the usage of its infrastructure through intrinsic utility tokens. All costs for processing transactions, running smart contracts will be paid in the polygon network with Matic coin or the specific coin used in the selected network at the subscription time, rewards for various contributions to the infrastructure content and community engagement will be paid in $LNQ.

Several challenges must be addressed properly in the process of creating an innovative public blockchain solution designed to scale:

• Full decentralization - Eliminating the need for any trusted third party, hence removing any single point of failure; • Robust security - Allowing secure transactions and preventing any attacks based on known attack vectors; • High scalability - Enabling the multi chain, multi network transactions with a performance equal or much higher to the centralized counterpart, as measured in TPS (transaction per second) ;

• Efficiency - Performing all network services with a minimum fees and ensuring frictionless authorizations. • Cross-chain interoperability - Enforced by design, permitting unlimited communication with external services.

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Last updated 2 years ago

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