Synereo wants to develop tools which allow content creators to easily monetise original works without having to turn their channels into advertisement real estate, while granting their followers the opportunity to be rewarded for getting the word out. Synereo wants to be a fully decentralized social network and eventually develop further into universal, distributed computation platform.
The crowdsale launched just 48 hours after Synereo announced the destruction of half of its AMP holdings. The burn removed 731,108,937 AMPs from circulation, worth about $146 million at the time.
Over the 1 month ICO $4.7 million was raised, the majority in the first 24 hours mainly due to the bonus scheme laid out below. The AMP token that was sold is used to distribute content on the Synereo network.
Bonus % Purchase Amount:
3.33% 2 BTC, 6.00% 10 BTC, 9.00% 20 BTC, 11.00% 50 BTC, 13.00% 100 BTC, 15.00% 200 BTC.
|HyperSpace Price (BTC)||฿ 0.0000005|
|24h Vol||$ 3,719|
|Market Cap||$ 354,429|