Lynchpin (LYN) Token

A token that solves critical problems in the cryptocurrency industry

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ABOUT US

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ABOUT US

The birth of Lynchpin (LYN) token is to
create a token that solves critical
problems in the cryptocurrency
industry.

We strongly believe that cryptocurrency is the way to move forward but the current situation in the market has a lot of problems that needs to be rectified. We are coming into the market currently to rectify the problems that plague the market today and we believe that we can solve most of them.

We have merged and partnered with a lot of industry experts so that we can give you an all round token with a good eco system that solves the most critical problems in the industry. Our key motive is to merge the whole crypto market to be liquid in cross networking utility capabilities and come out with solutions for everyone in the cryptocurrency market. From our view, we believe that the whole industry should not fail and should come together to progress with one common objective of moving forward to grow the industry for the future.

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OUR BRAIN

Advisors

WHITEPAPER 3.1

Documentation Download

SPECIAL WAY

OUR SPECIAL WAY

Lyntoken Business Road Map

17th April 2019

Stop ICO Phase 3, Listing on DOBI Exchange

May 2019

Building of LynPay E wallet to house the eco system

July 2019

Launch of GobuyBid e-commerce platform. Launch of Lynchpin wallet on Google Play

Nov 2019

Lynpay Payment Solution Integration

Oct 2019

Lynchpin Partnership with PureGold.sg

Nov 2019

Lynchpin partner, LynPay Integrated Wallet soft launch with Lyn Token Onboard

Dec 2019

De-List from Dobi Exchange.

1st Q 2020

– Lynchpin partner, LynPay announced proof of concept and roll out payment solutions to merchants - Partner LynPay wallets on SG Concept Vending Machines and merchant acquisitions

Feb 2020

Partner LynPay wallets on SG Concept Vending Machines and merchant acquisitions

April 2020

Pre IEO preparations

May 2020

IEO

JuL 2020

- End IEO - Lynchpin Purchase of Physical 1gm Gold for 2 Million circulating LYN Token

3nd Q 2020

Lynchpin Partner, Lynpay announced penetration into Thailand.

4th Q 2020

– Lynchpin Penetration into Malaysia and Indonesia Market to build community.
- Lyn Token will be listed in Thailand exchange

4th Q 2020

– Lynchpin will partner with Travel Company.
Lynchpin Penetration into Turkey to build community.

1st Q 2021

Lyn Token listing in Malaysia and Indonesia Exchange.
- Lyn Token Holder can sign up for debit card with its partner Lynpay.

2nd Q 2021

Lyn Token Holder can sign up for debit card with its partner Lynpay.

3rd Q 2021

Lynchpin Team will liquidate unclaimed Gold from Loomis and liquidate to scale the project.

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News & Media

Latest

News & Media

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Delisting from Dobi Exchange & Preparations for IEO Launch

April 30, 2020

Following a period of intensive research, technology updates, and new partnerships closed, the team behind Lynchpin Token decided to delist…

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SG Vending Concept Pte Ltd Successfully Integrate Crypto Payment on…

March 24, 2020

Singapore – It has been a roller coaster ride for Lynchpin partner, SG Concept Vending Pte Ltd into making this project to…

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Lynchpin Token Cancels Collaboration with RMP Games

May 5, 2019

We, at Lynchpin Token, are deeply saddened to have to share this news with our community. However, we believe that…

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Lynchpin Token Partners with Dobi Exchange to Make Digital Assets…

April 23, 2019

As we continue our mission to make digital assets spendable and build intrinsic value for cryptocurrencies, the team at Lynchpin…

READ MORE

FAQ

FAQ

Have any questions?

What is an ICO?

An ICO (Initial Coin Offering) is a sales vehicle for tokens. The ICO is implemented in order to raise the necessary funds needed for the creation of a blockchain-based project.

How does an ICO work?

All ICOs begin with an idea. A start-up comes up with an idea for a blockchain related project and needs to find a way to fund it. The start-up could go to the bank or to a VC and raise the capital, but it’s better to find financing without losing a percentage of the company. This is where an ICO becomes a viable proposition to getting something made and making a concept, real. It’s important to note that it is NOT an IPO. An IPO (Initial Public Offering) gives anyone the opportunity to own a stake of the company they’re giving money to. An ICO is an opportunity that your in-business currency (cryptocurrency) that buyers will pay to make happen will increase in worth later and make money from their investment.

What is IEO?

An Initial Exchange Offering commonly refereed to as an IEO, is a fundraising event that is administered by an exchange.

What makes a good IEO?

What does the project seek to solve?Is the problem stated and how are they solving it.
-Is there any MVP (Minimum Variable Product) or Proof of Concept.
-Teams credentials and Partnerships.

What is cryptocurrency?

Cryptocurrency is a digital or virtual currency designed to function as a medium of exchange. It is created and stored electronically in the blockchain using strong cryptography. It verifies the transfer of funds and operates independently of banks or any central governing body.

What is a blockchain?

Blockchain is a public record of transactions. As a continuously growing list of transactions, it is also distributed, and completely open, so instead of one person controlling everything, there are thousands of computers around the world connected to a network, and these thousands of computers together come to an agreement on which transactions are valid. Each block within the blockchain is an entry containing specific identity information unique to the transaction. Within this digital stamp there is a timestamp too, and something called cryptographic hash: a record of the previous block and transaction data.

What is a whitepaper?

A white paper is a prospectus to explain the main points of a project and its investment opportunity. The content of a white paper provides useful information for business people seeking to understand an issue, solve a problem, or make a decision. The format of a white paper is somewhere between a technical manual and a glossy brochure.

What are tokens?

Tokens are a subset of cryptocurrencies that reside on their own blockchains and represent an asset or utility. They are digital assets that are sold to the public during an ICO campaign usually for other popular cryptocurrencies; such as BTC (Bitcoin) or ETH (Ethereum family of coins), or sometimes directly as fiat currency, which is a government-approved legal tender. Once an ICO campaign is complete, the token developers can release the tokens on an exchange, where they can be traded and can fluctuate in value, like any other cryptocurrency or currency.

What is a cryptocurrency exchange?

A cryptocurrency exchange/crypto exchange/digital currency exchange is a medium that allows customers to trade cryptocurrencies for other assets, such as conventional fiat money, or different cryptocurrencies.

What is Lynchpin Team trying to solve?

Cryptocurrency is losing its followers and investors’ trust due to the lack of avenues to liquidate or utilize. A lot of cryptocurrencies play on hype and when the hype dies down, the prices drops. This affects the industry. There is also no intrinsic value in cryptocurrencies.

How is Lynchpin Token solving those issues?

By having partners like GoBuyBid, it will create real value as token holders are able to purchase items online through its e-commerce platform.

We also have RMP Games. Gaming industry is a huge market. Gamers use tokens or credits to purchase items for their games. In this instance, Lyn Tokens are utilized. This will create “traffic” for Lynchpin.

Last but not least, we have LynPay Solutions that will create a platform for utility. With LynPay Solutions, token holders will be able to pay using Lyn Tokens at all our participating merchants worldwide. On top of all these, we have a FIXED supply of 5 million to combat against inflation.

The tokenomics in place will create intrinsic value which is critical for the survival and re-birth of cryptocurrency.

What is the technology behind this?

It still goes back to blockchain. However, we are ERC-20 token standard. ERC-20 is a technical standard used for smart contracts on the Ethereum blockchain for implementing tokens.ERC stands for Ethereum Request for Comment and 20 is the number that was assigned to this request.

What is a smart contract?

They are contracts whose terms, agreements and conditions between two parties are written in code, which is hosted in a decentralized blockchain system, without the need of an intermediary. Thanks to smart contracts, transactions are traceable, transparent and irreversible.

Where do I keep my tokens?

You will need “wallets” to store the tokens. Ether “Wallets” have addresses containing 40 – 42 alphanumeric characters. However, DO NOT use an incompatible wallet. Please check to make sure your wallet is compatible with ERC-20 network tokens before sending any tokens to another wallet address. Always use exchangers or wallets that are credible.

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