‘Facebook-Killer’ Synereo Raises $2M in First Six Hours of Crowdsale
Synereo, a new social platform with ambitions to “decentralize the web,” has launched its second crowdsale, raising almost $2 million USD in the first six hours. $2 Million Raised and Counting. The Tel-Aviv-based startup aims to be more than just a decentralized version of Facebook. Synereo said its platform allows anyone to develop, run and build their....
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Distributed app platform Synereo announced that it has destroyed 50% of its native currency, AMP, ahead of a crowdsale, worth roughly $146,221,787 USD on the market. Second Synereo Crowdsale Starting Soon. The move comes just before Synereo’s second round of fundraising in a three-stage crowdsale starting 19 September. The Israeli company originally intended to keep the 731,108,937 now-burned AMP tokens as part of its long-term budgeting strategy. In a statement, Synereo CEO Dor Konforty said it was due to the proof-of-stake mechanism that secures the network. Keeping such a large share in....
Synereo is back in the spotlight with another crowdsale, which is being coupled with the release of the alpha model of their decentralized social media platform. The crowdsale has been much covered, and is really nothing new, but their social network and the technology behind it still appear to be widely misunderstood. This is the first of a two-article series designed to change that. Synereo has been around for a little while, and raised the equivalent of $126,000 in their initial AMP crowdsale last year. Since then, they’ve been relatively quiet, and I was surprised to hear they plan to....
Bitcoin's been disrupting many industries, and it's about to do the same to social media. Gems has already threatened to revolutionize the instant messaging businesses, by implementing in-app cryptocurrency tokens. Now using the Bitcoin blockchain, Synereo has threatened to do the same to full-featured social media platforms like Facebook, Google Plus, and even Diapsora and Tsu. Synereo has a news feed, friends list, and user groups just like all other social media platforms. Like Facebook, it also contains the ability to promote one's content, extending its organic reach. Unlike Facebook,....
Dor Konforty is the CEO of Synereo, a “next generation” decentralized social network that incorporates blockchain technology to overcome problems associated with centralized social networks such as privacy, security and commodification of users’ personal data. Konforty is an expert on collaboration via the net, and the wisdom of crowds. He has a master’s degree in neurobiology from an interdisciplinary brain research program in Tel-Aviv University. He is also a graduate of the Israeli Air Force computer unit and has been heavily involved in cryptocurrency since early 2011. “5 years from....
The upcoming alpha launch of Synereo as a next generation social network promises change in the way consumer technologies work today. “Come out here and give me back my name!” was the response of writer Salman Rushdie to Facebook, when he found out that the social network website had deactivated his account. The case goes back to 2011 when Rushdie took to Twitter to inform his followers how Facebook was literally acting like a de-facto passport vendor. Apparently, the writer’s original name is Ahmad Rushdie which, according to much mainstream coverage, was an issue for Mark Zuckerberg’s....