The final whitelist selection For Public Synapse Network Sale

The last round of PUBLIC SALE sales is coming to an end, we have just completed the whitelisting process. Synapse Network is pleased to announce the final selection of 510 whitelisted people to participate in Public Sale. The selected people have successfully passed the KYC process and will be able to complete the investment on Monday, August 23 at 9 AM UTC. Below we are presenting the full whitelisting process.

Whitelist results:

https://docs.google.com/spreadsheets/d/1GxzSkhKKqdzJ69BXW75RjpXpIhx-ICjY08Ps3oxXL0Y/edit?usp=sharing

HOW DOES THE SELECTION PROCESS LOOK LIKE?

The preliminary data:

  • 5303 people have registered on app.synapse.network.
  • 3821 people have started the KYC process using Fractal.Id
  • 7 people are awaiting for Fractal.Id acceptance.
  • 171 people have been rejected by Fractal.Id for various reasons.

Korea:

  • Total Impressions: 3102
  • Total Actions: 3020
  • Total Users: 400
  • Total actions from gleam after verification: 672
  • Total ref links valid: 24
  • Total refs links invalid (without KYC): 40
  • Total users: 234
  • Total users after KYC verification: 55
  • Total points from Gleam: 3332
  • Average number of points per account: 60
  • Chance to be whitelisted: 91%

Turkey:

  • Total Impressions: 3519
  • Total Actions: 5938
  • Total Users: 647
  • Total actions from gleam after verification: 2314
  • Total refs valid: 86
  • Total refs invalid (without KYC): 150
  • Total wallets: 439
  • Total wallets after KYC verification: 173
  • Total points from Gleam: 10898
  • Average number of points per account: 62
  • Chance to be whitelisted: 28.9%

Global:

  • Total Impressions: 39481
  • Total Actions: 48714
  • Total Users: 5509
  • Total actions from gleam after verification: 21940
  • Total refs valid: 496
  • Total refs invalid (without KYC): 994
  • Total wallets: 4173
  • Total wallets after KYC verification: 1796
  • Total points from Gleam: 108340
  • Average number of points per account: 60
  • Chance to be whitelisted: 22.8%

STEP 1 SPREADSHEET CREATION

We prepared the spreadsheet containing every person who registered using Gleam and passed the KYC process. The spreadsheet includes three columns:

  1. Assigned consecutive number
  2. ERC20WalletAddress
  3. Points (Total points)

You can find a CSV under the links below:

Global: https://drive.google.com/file/d/1D1BPAXlqH2npY2MbjanYsbqqEYwGlrVn/view

Korea:

https://drive.google.com/file/d/1NlAg6IxxvpVBfZpG0SkbEfN-e0bB3NEL/view

Turkey: https://drive.google.com/file/d/19Dh3cf4r1BAax3DDMFAmpgKROZkbWlt1/view

STEP 2 PUBLIC HASH

For the avoidance of any doubt, we are publishing the SHA256 online hash file checksum function. Anyone is able to check the hash value — this proves that the data has not been tampered with.

Global: 3c200524bffe620b69c66485eefa944f6994c66da3b12199804393e10b2a52b6

Korea: 9ea9c565acc4e7d4f60e13eee171e86e2725ef963b5682cd76eded0bad0e342e

Turkey: 6ba5751518516f83ee006822dba53f93dcea741ab737cd28010d588a1f5eb63d

You can check it by yourself, for example using PowerShell, or any other SHA256 :

Get-FileHash .\fileName.csv -Algorithm SHA256 |Format-List

STEP 3 GITHUB.

We used a whitelist selection contract that is available to check on our Github repository under this link:

https://github.com/GemStarterIo/whitelist-selector/blob/main/contracts/PublicSelector.sol#L106-L136

A total of 3 contracts was deployed to the Polygon mainnet, verified and available to check under those links:

Global: https://polygonscan.com/address/0xeddace2b84d15b92f3c4829b54cef11c5efb68d7

Korea: https://polygonscan.com/address/0x69b253faa666cd300e68cc7fa131ef01a66e38d4

Turkey: https://polygonscan.com/address/0x7ce0d6cd26d2e5c0c803a0376b4fd89fb0b2cf13

Contracts are keeping links to the Google files with data included in the CSV file as well as containing a SHA256 hash of the CSV file.

STEP 4 HOW DOES THE SMART CONTRACT WORK?

The contract asked Chainlink for a randomValue

Based on randomValue, x unique numbers in the range from 0-to-n were generated

Where each new unique number was also a new randomValue for the function, and n was the number of participants who registered and passed the KYC process.

winnerSeed = uint256(keccak256(abi.encodePacked(previousWinnerSeed, i, nonce)));

winnerIndex = winnerSeed % kycCount;

https://docs.chain.link/docs/get-a-random-number/

Using the contracts, we were able to select:

410 random numbers matching the numbers from the Global CSV file,
50 random numbers matching KR CSV file,
50 random numbers for TR CSV file.

Everything is verifiable on-chain, links to transactions are posted below. Those numbers and corresponding addresses will be able to buy SNP tokens when the public sale starts.

Global:
https://polygonscan.com/tx/0x216e4123cd38d952cce2a1c985039ec3c48d9bfc3698bdc40a33110563e301e0#eventlog
https://polygonscan.com/tx/0xeb0bf4034254bee43597d2eeefdaa186e637f3018877d7da496e14d5ad735a86

KR:
https://polygonscan.com/tx/0x453f715d6d183351f8e348e6413a0c7c72854a63a4d638931fbea650726528e6#eventlog
https://polygonscan.com/tx/0xbd7445fed7bf1680aa904d7835fc9d2b5fc878f72e5bab3bf0f160f8a99f72e3#eventlog
https://polygonscan.com/tx/0x7d7899e81975d60e6c217ab92370d799bf02b7b62be0dedce497657f8349e408#eventlog

https://polygonscan.com/tx/0xc409205ace7492afa966c889e4ede48d20bd326f90cef4f07a218d88c5f9ef66#eventlog

https://polygonscan.com/tx/0xc6cc2c5e93a68a2a4a2ddb80d4c7483bf78b8145977eefe3530c35a985fbac34#eventlog

TR:
https://polygonscan.com/tx/0x0fa5a7a9a988a6ce566b3031cfbb383460988fe61250c55435d1c7bcce00a988#eventlog
https://polygonscan.com/tx/0x33c67f4a358fed941e4032c45048a53c8e93e43497c1513b1e9f06828ddbef79#eventlog

A CSV file with whitelisted investors are published here:

Global: https://drive.google.com/file/d/1ei7kBnC3Gncoa_F3jCyy3wr4DbO7_es9/view?usp=sharing

Korea: https://drive.google.com/file/d/1b6vTU1rYIFES2MSTmBbFlNvUTp6WS3cr/view?usp=sharing

Turkey: https://drive.google.com/file/d/16cYoSEMwaEjKdjE_W9a_WhA_8eieD8CQ/view?usp=sharing

STEP 5 INVESTMENT PROCESS

And the great moment will come on 23/08/2021 when at 9 am UTC our public sale will start and will go on for a 48h period — guaranteed allocation, no FCFS, with oversubscription — the same way as community sale. On 25/08/2021 at 9 am UTC our public sale will end. And later on 25/08/2021 at around 5 pm UTC we will be listed on Uniswap, at the same starting price of 0.085$ / token.

The sale will take place on

https://app.synapse.network/

Each investor can decide how much he or she wants to invest.

PUBLIC SALE TOKEN PRICE is 0.085$ / token.

MINIMUM INVESTMENT is 1 USD. Each investment amount of up to 500 USD is allowed.

GUARANTEED INVESTMENT 500 USD. Each person who invests will receive a guaranteed number of tokens which is equal to 500 USD. You can also allocate more than 500 USD.

MAXIMUM INVESTMENT. Each person can invest more than 500USD (up to 10 000 USD). However, it’s not guaranteed. This is called overallocation. In such a case you will automatically buy extra tokens from the remaining pool which will be divided equally for all overallocators as long as the invested amount is high enough to cover the costs of the tokens. Not used stablecoins will be claimable after the sale is finished. This description is complex, so let’s explain it on the example:

Total investment pool 255 000$.

Total Investor number: 510.

How will this work?
Exactly the same as during our community round. The full description of overallocation with examples is available here:

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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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