Synapse Untangles Crypto’s Gordian Knot
With the advent of Bitcoin, the world has been shown that when a currency has inherent value it will endure even without any kind of state endorsement. Many have been quick to build on its model — but no currency currently exists in a vacuum so, amid the hustles of this exploding sector has arisen the natural problem of how to draw the strands of crypto-enterprises back together.
Among the growing pains of the DeFi sector, there is the re-acclimatisation to risks that people didn’t expect anymore after dealing with ordered, state-endorsed, institutions for such a long time.
This includes scams that the world hasn’t seen since the Roaring Twenties — some of which, like pumping and dumping, are completely legal. Those that are not legal — like rug pulling — are often very difficult to prosecute.
While entering the crypto-sector it is necessary to start small, prepare to be burned once or twice, and become accustomed to the intricacies of the ecosystem very fast.
One of Synapse objectives is to automatically iron out several of the intrinsic problems of the DeFi sphere — such as gas wars, scams, security concerns and less than guaranteed investment strategies.
Many projects use a model that offers to investors the opportunity to deposit a large sum of currency in exchange for faster access to their shares during the pre-sale phases of their start-up.
Not only does this raise the bar for people seeking to invest less (making the project less appealing to a vast number of potential small and medium investors), but some of those businesses have been known to abscond with the funds — defrauding their investors entirely with what, in the crypto ecosystem, is called a rug pull.
Synapse on the other hand was mindful of both perspectives while creating their infrastructure. Their tiered approach to investment takes into account both the fear of investors taking a leap of faith, while also supporting projects that are in their development phases and the opportunities those projects create for users who become part of the early adopters.
It is a space in which everyone is going to get the most out of their investments because Synapse’s cross-chain investment system gives the upper hand to those who are willing to get involved and forge their own concepts into real-world working solutions.
Synapse achieves this goal by providing them with the Capital Syndicate; a network of funds, business angels, tech partners, investors and other blockchain projects that together build a coherent infrastructure both for the projects to grow and for the investors to get a return on their initial funding, by guaranteeing to receive an allocation over the project’s tokens in exchange for their offer.
As the platform binds together different perspectives and offers easy solutions to complex problems in a single shared space that is easy to navigate and understand, a refuge finally exists for those exposed to the raging winds of the crypto world which, as much as it is exciting and potentially profitable, has always lacked a secure foundation.
Synapse aims to be the fertile soil that enables the growth and development of shared ideas and goals, thanks to the joint efforts of everyone involved.
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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