Tel-Aviv start-up, Synereo, has raised more than $4.7m in an initial crowdfunding offering (ICO) selling both equity and its own cryptocurrency, AMPs. Join the iFX EXPO Asia and discover your gateway to the Asian Markets The company has developed a decentralised tech stack, which was originally intended to create a decentralised social network, but has been expanded to a computation platform to "fundamentally redesign the way the internet works". In addition to being able to run on blockchain technology, Synereo is also looking at how it can be used for other purposes such as data storage, smart contracts, or even distributed storage of data.
Tel-Aviv start-up, Synereo, has raised more than $4.7m in an initial crowdfunding offering (ICO) selling both equity and its own cryptocurrency, AMPs. The company has developed a decentralised tech stack, which was originally intended to create a decentralised social network, but has been expanded to a computation platform to "fundamentally redesign the way the internet works". In addition to being able to run on blockchain technology, Synereo is also looking at how it can be used for other purposes such as data storage, smart contracts, or even distributed storage of data.