What is SYNT
Tokens
1. Project Introduction
Synternet is a technology that makes major blockchain ecosystems modular and a data infrastructure that provides interoperability. At its core lies the Data Layer, a protocol serving as the customizable execution layer between all blockchains. Its AEAs (Autonomous Economic Agents) empower developers to build composable, use-case-specific applications that can execute on any data from any chain.
The token SYNT is a migration from the NOIA token. According to Syntropy's official announcement, Syntropy (NOIA) tokens are migrated to new Synternet (SYNT) tokens at a 1:1 ratio.
Summary: Synternet belongs to the popular modular sector. By eliminating the reliance on centralized services, Synternet allows for seamless access to real-time and historical on-chain data. Its modular data infrastructure fosters a vibrant ecosystem aimed at supporting the next generation of decentralized applications and unleashing unprecedented innovation opportunities.
2. Team & Investment Info
Domantas Jaskunas is the co-founder of Synternet. Previously, he co-founded Tellq, aimed at building the next-generation call center software. Personal Info: https://www.linkedin.com/in/domantasjaskunas/
Funding: Three rounds of funding, including two seed rounds raising $4 million and 5 million, respectively, with participation from over ten institutions including Alphemy Capital, Maven11, Alpha Sigma Capital, Meltem Demirors, and Reeve Collins. The latest round in March 2024 raised an undisclosed amount, with investors such as CMCC Global*, P2 Ventures, Moonrock Capital, TRGC, Mapleblock, Public Works, HV Capital, Faculty Group, Wave Capital, Antalpha Ventures, and others.
3. Social Media URLs
X: https://twitter.com/synternet_com
Telegram: https://t.me/Synternet
Discord: https://discord.gg/Ze7Kswye8B
4. Token Info
Token Symbol: SYNT (formerly NOIA)
Total Supply: 1,000,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: Dynamic mechanism
Contract Address: https://etherscan.io/token/0xDA987c655ebC38C801DB64A8608bc1AA56Cd9a31
Token Distribution:
Finance 35%, Sales 20%, Team 15%, Community 10%, Node Rewards 10%, Advisors 10%.
For details, please refer to the official white paper: https://docs.synternet.com/docs/synternet-tokenomics/token
5. Related Links
Official Website: https://www.synternet.com/
LinkedIn: https://www.synternet.com/
GitHub: https://github.com/SyntropyNet
Other Info: https://www.rootdata.com/zh/Projects/detail/Synternet?k=MjY5
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.
