Synesis One

Synesis One (SNS) is a cryptocurrency that powers a decentralized data utility and NFT marketplace focused on AI. The project aims to democratize data and AI by creating a platform where users can earn crypto by completing micro-tasks to train AI models. This play-to-earn system incentivizes users to contribute to the development of datasets that can be used to train AI algorithms.

Synesis One was initially launched through an IDO (Initial DEX Offering) token sale, which took place from January 26 to February 1, 2022. During this event, the project raised $400,000, with a token price of $0.05. The project also had an IEO (Initial Exchange Offering) on the same dates, raising another $200,000 at the same token price.

The project operates on a cross-chain environment, with its initial smart contracts deployed on the Solana blockchain to conserve gas costs. Future deployments are planned on other chains as well. Synesis One's ecosystem includes SynesisDAO, a decentralized autonomous organization that crowdsources ontologies in natural language format, and Kanon Exchange, a native NFT marketplace for Kanon tokens. Kanon tokens represent unique ontology primitives and can be staked as collateral to earn passive income.

Synesis One's token, SNS, has a circulating supply of around 508 million tokens and a maximum supply of 1 billion tokens. The project's market capitalization has varied over time, with a current market cap of around $15.38 million.

Synesis One (SNS) is a cryptocurrency that operates within a blockchain-driven platform designed to provide decentralized solutions for digital asset exchange and financial services. Here's an overview of how it works:

Synesis One employs a dual token economic system, which powers two interconnected operational areas: SynesisDAO and Kanon Exchange. This system allows for efficient management and interaction between different components of the platform.

• Decentralized Exchange: Synesis One offers a decentralized exchange where users can trade digital assets without intermediaries. This ensures secure and efficient transactions.

• Staking and Delegation: Users can stake their SNS tokens or participate in delegations to support network security and earn rewards. This mechanism incentivizes users to contribute to the platform's stability and security.

• Lending and Borrowing: The platform provides a crypto asset lending and borrowing service, enabling users to earn additional income or secure loans with competitive interest rates.

• Transaction Fees: Users pay SNS tokens as fees for transactions on the exchange, staking, or lending and borrowing activities.

• Governance: SNS token holders have voting rights in crucial platform decisions, ensuring a decentralized and community-driven governance model.

• Incentives: Users who stake or delegate can receive SNS tokens as rewards for their contributions to network security and stability.

• Maximum Supply: The maximum supply of SNS tokens is capped at 1 billion.

• Circulating Supply: The circulating supply of SNS tokens is 700 million.

• Allocation: The majority of SNS tokens are allocated for user and developer incentives, platform development, and marketing.

• Data Crowdsourcing: Synesis One is also a data crowdsourcing platform where users can earn SNS tokens by completing micro-tasks that train AI models. This platform aims to democratize AI development by giving power and ownership back to the people who contribute to it.

• Kanon NFTs: Kanon NFTs are another key component of the platform. They provide additional income streams for their holders through passive income mechanisms such as the Synesis Relevancy Index (SRI).

SNS tokens can be bought and traded on various exchanges. For example, users can purchase SNS through a decentralized exchange (DEX) by connecting their crypto wallet and swapping their base currency (e.g., SOL) for SNS tokens.

In summary, Synesis One is a decentralized platform that leverages blockchain technology to provide a range of financial services and data crowdsourcing opportunities. The SNS token plays a central role in the platform's governance, transaction fees, and incentive structures, making it a key component of the ecosystem.

Synesis One (SNS) has several strengths that make it an attractive investment opportunity:

1. Play-to-Earn System: Synesis One develops games that incentivize users to create datasets that train AI, providing a unique and engaging way to contribute to the ecosystem.

2. Yield Generating NFTs: Kanon NFTs, which are part of the Synesis One ecosystem, generate passive income for their owners. Each NFT represents a word, and when accessed by AI clients, the owner earns a part of the fee paid by the client.

3. Data Yield Farming Application: Users can directly train AI and earn yields through the Data Yield Farming application, providing an additional revenue stream.

4. Decentralized Autonomous Organization (DAO): Synesis One operates as a DAO, ensuring that decision-making is decentralized and transparent, which can lead to more community-driven development and governance.

5. Cross-Chain Environment: Synesis One will operate on multiple blockchain platforms, starting with Solana, to conserve gas costs and ensure flexibility and scalability.

6. Strong Team Background: The leadership team has extensive experience in gaming, tech, AI, and blockchain, with a gaming pioneer who introduced the free-to-play gaming model from East Asia to the West.

These strengths position Synesis One as a promising project that combines innovative technologies and engaging user experiences to democratize data and AI.

Synesis One (SNS) is a blockchain platform that offers decentralized digital asset exchange and financial services. It provides a decentralized exchange, staking and delegation, and lending and borrowing services. The SNS token is a utility token used for transaction fees, governance, and incentives within the ecosystem.

Synesis One (SNS) carries financial risks due to its exposure to market volatility and potential manipulation. According to InvestorsObserver, the token has been given a high risk assessment, indicating that it can be easily manipulated by limited trading activity. However, more recent assessments have downgraded the risk to moderate, suggesting that traders should be cautious but not overly deterred.

Synesis One has had varying market performances. It has shown significant growth potential, with an all-time high ROI of 4.49x, but it has also experienced declines, resulting in a current ROI of 0.53x. This volatility underscores the importance of careful risk assessment and diversification in the crypto market.

The SNS token has a maximum supply of 1 billion and a circulating supply of 700 million. The majority of tokens are allocated for user and developer incentives, platform development, and marketing. This allocation strategy aims to promote adoption and growth within the platform.

Synesis One's fundamental analysis highlights its advanced blockchain technology, experienced team, and growing community. These factors contribute to its potential for innovation and growth. However, the platform is still in its early stages, and consistent adoption is crucial for its long-term success.

Synesis One stands out from competitors due to its high scalability, low transaction fees, and robust security features. These advantages make it an attractive option for users seeking decentralized solutions. However, the platform must continue to expand its offerings and services to increase adoption and stay competitive.

Synesis One (SNS) presents both opportunities and risks for investors. While it offers innovative decentralized solutions and has shown growth potential, it is also exposed to market volatility and potential manipulation. Careful risk assessment and diversification are essential for investors considering this cryptocurrency project.

• Sage (Joshua Hong): Founder, serial internet-media and blockchain entrepreneur, and venture capitalist with a background in Industrial Engineering from Purdue and an MBA from the University of Chicago Booth School of Business.
• F*ck (Paul Lee): Co-founder, clinician, scientist, and entrepreneur with a degree in Molecular and Cellular Biochemistry from Oxford and an M.D. from The School of Medicine at Catholic University of Korea.
• Guru (Tracy Spaight): Head of NFT Gamification, technologist, entrepreneur, and digital media professional with a passion for blockchain and related technologies, holding degrees from Santa Clara University, Cornell University, and the University of Nicosia.
• Harmony (David Saccon): CTO and Head of Product, experienced technologist with a background in software infrastructure technologies and active in blockchain since 2014, holding an MBA from Chicago Booth and a B.S. in Electrical Engineering from Queen’s University.
• Love (John Doe): Chief Scientist, fund manager for Alpha Stone Capital and Co-founder of Alpha Trading Algos, known for providing go-to-market strategies, creative tokenomics, and branding and messaging.
• Grace (Young Han Lee): Advisor (Legal), Sr. Attorney at Dentons Lee, advising on disputes and transactions with a focus on blockchain, energy, defense, and manufacturing in the US and Korea, holding dual law degrees from Seoul National University, Northwestern, and Georgetown.
• Alpha (Yida Gao): Advisor (Strategic Growth), runs early-stage crypto investment firm Shima Capital, formerly co-ran Struck Capital and DDC, and was a technology investor at NEA and M&A banker at Morgan Stanley, with a background in math/CS from MIT and Stanford GSB.
• Punk (Orion Depp): Advisor (Community Growth), Managing Partner at Master Ventures’ institutional Investment Management division and MV Polkadot VC Fund, with over 20 years in Fintech and experience in Defi, Gaming, and Metaverse across ecosystems.
• Jump (Sinhae Lee): Advisor (Partnerships), Partner at GBIC, formerly a management consultant at McKinsey & Company, with an MBA from Stanford University and a B.A. in Business from Korea University.
• Dynamic (Adrian Baschuk): Advisor (NFT Marketing), COO & Strategic Advisor for various companies, with expertise in NFT marketing and strategy.