Web3 Data Layer Syntropy Rebrands To Synternet Awaiting Its Mainnet Launch

  • Web 3 data layer blockchain Syntropy rebrands to Synternet.

  • This will involve visual changes including logo, colour, and website design. 

  • Synternet will also include new features to extend innovations within its ecosystem.

In an exciting development revealed on Wednesday, Syntropy, the Web 3 data infrastructure platform, unveiled plans for a complete brand makeover, renaming itself Synternet to further their mission of enhancing data transfer across blockchains. The transformation will be apparent in its new color scheme (black and white), logo design, and website layout.

Despite this, transitioning to Synternet will introduce a host of innovative and sophisticated new features to their system, according to the team’s announcement. These advancements will bring cutting-edge technology to the platform.

On the rebrand to Synternet, Daniel Haudenschild, CEO of Synternet said: 

“Synternet represents more than a new name for us; it signifies our ambitious plan for the evolving blockchain landscape. With our role as the data infrastructure for the next generation Web3, we’re paving the way towards a web that is more accessible, interconnected, and full of innovation – all powered by decentralization.”

With Synternet, a new platform designed to revolutionize data transfer on the internet using blockchain technology enters the scene. This transition aligns perfectly with the objectives of the Web 3 data layer. Synternet offers a cutting-edge real-time data infrastructure that enables developers to construct the upcoming generation of cross-chain decentralized applications (dApps). By employing flexible data streams, this solution addresses the obstacles to accessing data across different blockchains and eliminates the reliance on centralized data sources. This, in turn, accelerates the progress of blockchain technology and its widespread adoption.

Based on the information given, Synternet is planning to revamp its public image in order to better reflect its cutting-edge technology and future goals. This pioneering platform aspires to emerge as the primary Layer-1 blockchain for constructing data foundations that foster advancements across various blockchains.

Later in 2021, Synternet’s rebranding will make it easier for the broader blockchain community to access the data layer of Web 3. By connecting previously separate chains into a harmonized network, Synternet will foster interoperability and boost both the data economy and the adoption rate of blockchain technology.

Synternet to launch new features and developments

In addition to unveiling new visually appealing branding, Synternet intends to roll out significant improvements and new features on its platform soon. The Monaco stage of its Q2 2024 development plan is now underway, with the company revealing major advancements within its ecosystem.

Synternet intends to debut its blockchain on the mainnet soon, creating a strong foundation for instant, cross-chain data exchanges. Furthermore, the platform will provide a functional token bridge connecting Ethereum and Cosmos, enabling users to easily move assets between the two networks. Lastly, the team plans to roll out substantial enhancements to enhance the experience of publishers and developers, making it simpler for them to engage and innovate on the network.

According to Synternet CTO Jonas Simanavicius, the rebranding process is essential for progressing the platform’s technology and turning its vision into a tangible reality.

“Our engineering team has been intensely focused on creating the technology needed to bring the Synternet vision to life,” said Simanavicius. “We can’t wait to welcome developers from around the world to construct and expand their apps on our platform in the near future.”

After its debut, the team behind the platform has expanded to include more than 50 Web 3 experts and engineers. Their community has grown to over 100,000 members spread across various social media outlets. Additionally, there are now over 16,500 holders of their native token, $NOIA. The platform has also gained significant backing from venture capitalists in the blockchain industry, with commitments amounting to $10 million.

The rebrand is not set to affect the $NOIA token holders in any way, with operations on the Ethereum network set to continue till further notice. 

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2024-04-24 16:54