“Data Is The New Oil”
For the first time in history, earn rewards by contributing data in the form of SYN tokens, which may be redeemed for services on the Synapse network or traded on most major exchanges worldwide.
SYN will be available to trade on many major exchanges, allowing you to trade it for your currency of choice, including but not limited to Bitcoin, Ethereum, NEO or USD.
Use the Synapse AI marketplace to immediately access data pools and machine learning models for your project, business or organization.
Until now, people have given their data away to companies in exchange for centralized access to application and services. Examples include uploading and tagging photos, tracking and sharing your location and access to purchase history, to name a few.
To provide a fair and balanced intelligence available to all equally, we must create AI economies that any agent can participate in and receive some reward for doing so. Enter Synapse AI.
Synapse AI solves this problem by tokenizing an agent's work on the Synapse AI market using SYN utility tokens, thus facilitating an economy between participants and transferring value to those participants. This accelerates a system that grows beyond the means of capacity of any one single company or organization.
By opening this data and using machine learning models through decentralized marketplace formats on the blockchain, and by tokenizing contributors, we can create syndicates that provide the greatest benefit to users everywhere.
Whether it’s a device that connects to media, an app or a web-based service, you consistently create data. Now you can choose which data you share in our decentralized data and AI marketplace, and be compensated for it.
The data that is available for purchase through our decentralized data and AI marketplace can be used to grow your business or organization no matter the industry you’re in, including but not limited to: