CloudName IDO Announcement

As previewed above, we are delighted to announce the latest addition to the Synapse Network, in the form of the amazing project CloudName!

This very interesting team has developed a solid framework, all built around the purchase and sale of web domains.

With the huge demand for new and secure web domains, it doesn’t come as a surprise that this niche offers very high yield business opportunities.

The sale and trades of internet domains are within everyone’s reach, from crypto veterans to new entries in the market, creating a natural fertile ground for a project like CloudName to shine in.

That’s because while the mechanics behind the sale of web domains is very simple and straightforward, the actual how-to is a bit more complex in practice, with a lot of different providers giving users access to different levels of quality, as well as different levels of prices.

This hard to navigate world becomes simple once again thanks to the CloudName platform, an innovative tool that offers a 360-degree solution to breach into this very particular market.

The Synapse Network is impressed both by the innovative take on one of the most monopolized niches of the digital market, as well as the execution of this new implementation by the CloudName team.

And that’s exactly why we will be launching their sale soon. We see a brilliant project with more than solid fundamentals, a dedicated, smart team and an unlimited amount of potential to develop on their platform.

Below you will find everything you need to participate in their presale. In the following weeks we will keep updating you on our upcoming projects, so stay tuned to our announcement and media channels and be ready to participate in our next launch.

Timelines:

• 15.02.2022 9 AM UTC — Whitelist start (mandatory for non-SNP stakers): https://gleam.io/Fd8sl/synapse-network-cloudname-ido
• 17.02.2022 9 AM UTC — SNP stakers can start to register their interest in guaranteed allocation
• 19.02.2022 9 AM UTC — End of time for Whitelist and for interest registration
• 19.02.2022 7 PM UTC — Whitelist Announcement, publication of allocation size, KYC for Whitelisted start
• 21.02.2022 9 AM UTC — Sale Start
• 22.02.2022 9 AM UTC — Sale End
• 23.02.2022 9 AM UTC — Return of overallocated unused funds

Sale details:

• Round — IDO
• Price per token — 0.06$
• Platform allocation — 50 000$
• Gleam competition allocation — 100$
• Gleam competition — number of winners — 50

What is CloudName and why are they so interesting?

CNAME token is a Utility token allowing users to advance levels platform.

Users simply need to hold CNAME tokens in their Metamask wallet to gain access to advanced tools such as trend prediction AI autopilot and more.

On our part, we thoroughly reviewed the project, team, roadmap, tokenomics and had fruitful meetings — we strongly believe in the project. If you would like to learn more about it, which we encourage you to do, please read: https://cloudname.com/en/token/

And visit their website: https://cloudname.com/

More information:

Medium: https://medium.com/@cloudname

Telegram: https://t.me/cloudnameofficial

Youtube: https://www.youtube.com/channel/UCEPQoTSvhBW_dQwg5Qy2ZYQ

Twitter: https://twitter.com/cloudnamecom

And always remember to not invest before you DYOR about the project!

How does the investment process look like?

There are two options for this:

- having tickets for the platform (guaranteed allocation).

- winning the Gleam competition, which is open to everyone. Here 10% of the investment pool is allocated for the winners. There is no overallocation here — it is reserved for our stakers.

For both options you need to pass the KYC process.

We give everyone the opportunity to reach the required tier for investment until the end of the registration. Everyone has to enter the platform and express interest in participating in the investment before this date.

How can you invest?

You will be able to invest on 16 networks (more networks to come soon):

• Ethereum
• Binance Smart Chain
• Polygon (Matic)
• Avalanche
• xDAI
• KCC
• Fantom
• Huobi
• OEC
• Arbitrum
• Harmony
• Moonriver
• Cronos
• IoTeX
• Optimism
• Solana

You will be able to invest with multiple stablecoins:

• USDC
• USDT
• BUSD
• fUSD

About Synapse Network

Synapse Network is developing a cross-chain investment and start-up acceleration ecosystem based on blockchain technology to give everybody an equal chance to contribute to great upcoming projects and to do so early on. We are bridging the gap between the traditional & crypto market. The idea of the Synapse Network technology goes beyond the standard offer of launchpads available on the market, becoming a true technological brand providing tech solutions.

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