To demonstrate the strides we’ve made in recent weeks and to fulfil our commitment to openness and effective communication upon which the Synapse Network was founded, we’re delighted to share with you the latest advancements in our development efforts, many of which have been hinted at in previous releases. Here’s a summary of what we’ve already accomplished:
👨🏻💻 DEVELOPMENT 👨🏻💻
Over the past month, our main team of app developers has focused its attention on several key tasks that were related to improving our app’s core features while also providing new services for the users.
- First and foremost, they have focused on completing work on the launch of our latest feature called Synapse as a Service, bringing this new option to our roster of services.
- As part of the work on this service, our developers also improved upon our smart contracts, which are a key element in the blockchain that secures transactions and contracts between users. Smart contracts are a very important tool that provides security and transparency in the transaction process.
- Another crucial element of this update was environment preparation and application deployment, which required an in-depth knowledge of cloud infrastructure management and network security to polish to the degree we wanted.
- Developers also had to integrate our application with The Graph, which is a platform that enables easy and fast search and analysis of blockchain data, ensuring that each transaction would be seamless and transparent for our users.
In addition, developers continued to work on the dApp related to our vesting contracts. Vesting is the process of gradually assigning employees or business partners a stake in a company as part of a contract. Vesting contracts are necessary to ensure the long-term motivation of employees and partners to act in the best interest of the company they are part of.
Finally, developers have worked for our B2B partners by preparing a host of new smart contracts for them. Working with partners is crucial to the development of interesting applications and to delivering valuable services for our users. Preparing smart contracts for our partners required a customized approach for each, to better adapt to their specific needs.
All in all, our developers’ worked overtime for the past month, solving complicated issues that required in-depth technical knowledge, but produced many valuable results for the apps we released and, more specifically, for our users.
🔝 WHAT ELSE HAPPENED? 🔝
The month began with the end of the February Sprint on the CREW3 platform (currently Zealy.io) and the opening of a new Sprint for the following month. We also announced the amazing winners who made it to the podium in our leaderboard.
Thanks to your activity during the February sprint, another 40k SNP tokens were burned. We would like to remind you that every completed task on the Zealy.io platform allocates you points, and the sum of all the points in a given sprint will be equivalent to the token burned at the end of the month.
Surely you are curious about what have we been up to earlier in the year, especially if you just joined our network. To find out more about the work that was undertaken and carried out in February, we invite you to read our previous release. It’s always worth keeping up to date with our development plans since we provide you only with the best opportunities.
Listen to our Polish recording, in which our CTO Wojciech Litwin speaks on the cyclicality of crypto, on the work made at the Synapse Network and also covers how projects using the benefits of blockchain technology work, It’s an insightful and worthful watch for every Polish speaker present in our community.
On the occasion of International Women’s Day, we organised a competition in which each of you could tell a story about the love of your life in a comment under the competition post. 50 dollars in SNP tokens were to be won. If you are curious about what stories and trivia came up during the competition, visit the link below. Congratulations to the winner!
Every month our team selects the most active person who demonstrates the right level of expertise and activates our research group to discuss a variety of projects, so remember that you can join this group and compete for prizes! The March winner will be announced soon.
And like every month, we couldn’t forget our survey! This time we wanted to check how strong of a market player you are! The question was simple, how long have you been investing in cryptocurrencies? To check out the results, simply click on the link below.
Cross-chain solutions are at a premium! They allow us to achieve maximum efficiency and scalability in all of our endeavours and the Synapse Network has been offering this technology since the very beginning of our journey! If you are curious about how everything works and in which situations it can be used, be sure to contact us!
In Synapse Network we analyse trends and bring you our thoughts on what’s happening in the crypto world and what the future holds. Check out our next article to stay up to date with the latest crypto news.
What personality traits do you think are essential for success as an investor? This is certainly a very interesting question, check out how our community responded!
A report on the global NFT market predicts significant growth over the next five years. As the market stabilises, NFTs are showcasing their usefulness in various sectors such as sports, arts and real estate. Read more about the NFT forecasts in the article below.
We all enjoy the AMA and the awards that AMAs bring. Our guest was the OCTO Gaming project, we talked to them about their future, development and the goals they have set. During the AMA, 10 people won codes authorising the airdrop of OTK tokens during the AMA. An additional 10 people also won codes thanks to our action on the platform Zealy. Congratulations to the winners and thanks to OCTO Gaming for an enjoyable conversation!
At the end of the month, we also announced a competition together with the Crypto Mayhem team, a competition in which after fulfilling a few simple tasks everyone could win a place on the whitelist entitling them to purchase NFTs from Crypto Mayhem, congratulations to the winners!
We also couldn’t forget to honour the three most active users on the Zealy platform who completed the most tasks and earned the most points in March, congratulations to the hard-working winners!
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.