Synapse

Synapse is a new cryptocurrency venture and launching via an Initial Coin Offering (ICO). Synapse and most cryptocurrency start-ups raise capital through an initial coin offering, or I.C.O., a type of fund-raising campaign in which investors buy receive virtual “tokens” using Bitcoin, Ethereum or another cryptocurrency. Synapse and other cryptocurrency start-ups are generally unregulated, used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists. Why buy Synapse? In Synapse ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project which potentially reaping massive rewards.

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SynapseToken/Coin ID: SYN
Platform: Ethereum
Accepting: BTC, ETH
Business Category: Cryptocurrency
Launch Date: 2017-10-01
Website: https://synapse.ai/

Synapse Related Links: Synapse Facebook | Synapse Twitter | Synapse Whitepaper

Synapse Market Cap

Democratizing AI through data
Get paid to contribute your data for machine learning

About Synapse

Synapse AI is creating a decentralized data and machine learning marketplace and exchange. This will allow anyone to contribute data, train machine learning models, and be compensated for both.

We will be the data and intelligence protocols for the next distributed stack layer.

The new Web 3 stack is Decentralized, Distributed, and Democratized.

Synapse AI is creating the world´s first data and intelligence marketplace of researchers, trainers, processors, and contractors that can be accessed at any time. This accelerates a system that grows beyond the means of any single company´s capacity.

How the Synapse AI Market works:

  • Agents look to fulfill smart contract and ad-hoc data queries.
  • Data pools are created and expanded.
  • Machine learning models are created and trained using these data pools.
  • These models are in turn offered back to agents through micro services.

Powered through the SYN Token

SYN (Synapse) is the official cryptocurrency of Synapse AI, and will be
used for all transactions. This will power secure exchanges between agents and their data, services, and machine learning models. We define an agent as any participant in the network such as users, devices, and autonomous agents (bots, last mile robotics, etc). In particular, our focus immediately facilitates exchange of tokenized work and value around:

  1. Agents requesting, collecting, contributing, and brokering data
  2. Agents training, confirming, and using models
  3. Agents contracting one another autonomously

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