Synereo

Synereo logo

Synereo is a Tel Aviv based company, developing blockchain-enabled Attention Economy solutions, that allow direct monetization of original content, posted anywhere on the net, altering the future of content publishing and distribution.

ICO start date: 2016-10-18

Contents

Description

Synereo – Plug into the Emerging, Decentralized Economy

Synereo’s platform is a decentralized, open-source, economically sustainable compute infrastructure. The platform design results from the inspirations of earlier blockchains and builds on top of the shoulders of giants in the disciplines of mathematics and programming language design.

More information in the project whitepaper: https://docs.google.com/document/d/1xmRvAjJEQ72-sR9luS34TG0BOpPn_6ztZjYBFCByKxo/edit

Synereo’s Attention Economy

Synereo operates in the Attention Economy space, flowing from the fundamental assumption that attention is a scarce commodity, making up the most valuable resource in today’s online world.

In Synereo’s Attention Economy, value is created by those who create attention-worthy content as well as those who deliver it to relevant, appreciating audiences. In the economy we established, this value is put in the hands of its creators, by their audiences, cutting unnecessary intermediaries and third parties out of the equation and out of the revenue model.

The AMP

The AMP is a cryptocurrency token designed and issued by Synereo in early 2015. AMPs lay at the foundation and enable Synereo’s Attention Economy tools. The amount of AMP tokens in existence was initially locked to two billion (2,000,000,000).[1] From the entire collection of AMPs 61% was set aside for funding purposes. The first crowdsale was held March 2015, during which about 45 million AMPs were sold. The remaining 320 million AMPs that were left unsold from the crowdsale were burned. Synereo also has burned AMPs in other events, including 50% of all existing AMPs in September 2016, to avoid holding more than 50% of available AMPs.[2]

The AMP is traded on the leading cryptocurrency exchanges.

WildSpark

WildSpark is a distributed meta layer on top of existing media hubs and social networks, allowing fair and free monetization of original content. Based on principles of decentralization, content creators monetizing their work with WildSpark, are assigned full ownership of their content and its monetization processes.

WildSpark users are incentivized to reward both creators and curators directly with AMP, without the hub, social network or Synereo taking a cut.

Market

AMP market cap on 12 OCT 2017: $11,214,663

AMP price on 12 OCT 2017: $0.136338

See Also on BitcoinWiki

External links

References

  1. ↑ Synereo Finances
  2. ↑ Synereo Destroys $146,221,787 USD in AMPs Synereo Blog