[ANN] AMP - The Currency That Powers Your Attention On Synereo

[SynereoCommunity]

Synereo Allocates $200k Fund for dApps Developers

Synereo, as the project is titled, has called for signups from “decentralizers”, a term it uses for developers, entrepreneurs and curators passionate about decentralized economy systems.

    “From among the applicants, we will select the best 3 developers/teams that wish to create dApps. The fund will also be given to the 3 developers/teams that want to develop the open-source platform, as well as to 3-8 curators who will help Synereo decide how to allocate the grant money.”

http://www.newsbtc.com/2016/08/31/synereo-allocates-200k-fund-dapps-developers/

https://blog.synereo.com/2016/08/28/project-11-is-a-go-get-amp-grants-to-create-dapps-on-the-synereo-platform/

 

I am interested in getting in a submission. How much detail should we provide when applying? My idea is still young, I have been looking to build something specific on Synereo, but the idea is still a work in progress.

It's probably good to provide as much detail as possible.  If you have done market research, etc.

[1714314969]

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[1714314969]

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[polick]

Synereo Allocates $200k Fund for dApps Developers

Synereo, as the project is titled, has called for signups from “decentralizers”, a term it uses for developers, entrepreneurs and curators passionate about decentralized economy systems.

    “From among the applicants, we will select the best 3 developers/teams that wish to create dApps. The fund will also be given to the 3 developers/teams that want to develop the open-source platform, as well as to 3-8 curators who will help Synereo decide how to allocate the grant money.”

http://www.newsbtc.com/2016/08/31/synereo-allocates-200k-fund-dapps-developers/

https://blog.synereo.com/2016/08/28/project-11-is-a-go-get-amp-grants-to-create-dapps-on-the-synereo-platform/

 

I am interested in getting in a submission. How much detail should we provide when applying? My idea is still young, I have been looking to build something specific on Synereo, but the idea is still a work in progress.

It's probably good to provide as much detail as possible.  If you have done market research, etc.

I put in my application. We hope we get strong consideration. I would like build on Synereo stack.

[m4nki]

Synereo Has The Second To Market Advantage

The world of social media has one of the clearest examples of how being first to market actually opens up the door for the competition to take over. It happened before with the notorious race between Myspace and Facebook. The former was the first to market and had a comfortable lead, but it saw the latter take over all interested parties in the industry almost in the blink of an eye. Blockchain-based social networks are gearing up for a similar show-down. This time Steemit, which had a surprising success this summer and has run into several obstacles, will have to face the rise of its competitor, Synereo.

Synereo’s Features
Many of the features that Steemit offers, are also available in Synereo. The following is a list of Synereo features as listed on its official website, that are about to become functional during its alpha in September:
Deployment of decentralized nodes on local machines.
Creation of private connections between users.
Text posting with featured images.
Hashtags (content labels).
Decentralized search capabilities both by label and user.
Content amplification with test-net AMP’s (more info about this to be disclosed).
3-tier content viewing: browse, expand and full view.
AMP rewards for certain tasks on the network.

It is possible to see from these features that there are certain similarities between Synereo and Steemit. The way Synereo’s currency – AMP – works, resembles somewhat the way Steem Dollars work. Users are basically paid for their contribution to the network, and one of the ways in which they can contribute is by uploading content.

Steemit vs Synereo
Along with the similarities between the networks, the discussions about the merits and demerits of each have been raging lately. Many have accused Steemit of not being completely decentralized while Synereo is. On the other side, some have claimed that Synereo is all hype, and that it took the project 2 years to launch because its developers were doing “a lot of talking and not much coding”. Nevertheless these accusations may all be part of the competition, and regarding what is at stake – a potential shot at Facebook-like following – there is no doubt that people on both sides of the divide will continue to trade barbs.

Synereo’s edge over Steemit
Apart from the well-known debates on various forums, there is a feature that Synereo will offer that Steemit doesn’t. Synereo’s platform will allow users to design apps – Dapps – on its network. This, added to the pledge that the network will be truly decentralized and not owned by a central authority, has the potential to revolutionize the way social networks work. It will not only allow its users to communicate freely, without being targeted by marketing schemes, but it will also allow them to reach a higher level of interaction with smart contracts and P2P exchanges that would make it look like a new economy, that is, if it succeeds.

Success could be Elusive in the Blockchain World
As much as this social blockchain project has attracted attention, it is necessary to take it step by step and be cautious about the chances it has to succeed. Getting to be what Facebook was to Myspace within the blockchain and cryptocurrency world is a tall order; going from that to beat Facebook or other centralized/traditional social networks will be another huge challenge. In fact, the cracks that Steemit has shown ever since its launch reached millions and the valuation of its cryptocurrency surged by more than 1000%, can serve to prove how elusive success might be for these projects.
Steem’s value plummeted from around $4 USD per unit to around $0.9 USD now, in less than a month. This goes to show how volatile cryptocurrencies might be, and how risky their underlying blockchain projects are. Synereo could face similar troubles, and it could even run into a wall in terms of adoption rates. It could also be the unicorn of the cryptocurrency world, but it is still a high risk investment for those interested. In the meantime, given the current struggles of the Steemit project and the fact that Synereo offers additional features, Synereo could become the Facebook to Steemit’s Myspace, at least in the world of decentralized, blockchain-powered social networks.


http://bitcoinchaser.com/synereo-social-blockchain-enters-market

[m4nki]

The decentralized social network will give a live demonstration of the alpha at a conference in Vancouver on September 9. The campaign, which is intended to move the company forward in developing a decentralized ecosystem, will begin the following week.

Those interested in participating have a few options. They can acquire AMPs through BnkToTheFuture.com by using credit cards, bank transfer, bitcoin, or other virtual currencies. In order to purchase through the investment platform, investors must start with a minimum of $1,000.

Synereo has partnered with the Chinese exchange, YUNBI, where investors can purchase AMPs through a specific campaign page on their website. Investors will also be able to acquire coins through Synereo’s own site. Though AMPs are available on other exchanges and markets, these are the only sites dedicated towards the sale. AMPs can still be acquired using those exchanges, but users will not be able to receive the benefits offered by the campaign.

The price for an AMP will begin at 33000 satoshi, and will maintain that price for the first 14 days. It will then increase to 36500 satoshi between days 15-21. The value will reach its peak at 40000 satoshi on day 22, and will stay there until day 30.

Synereo will offer a bonus phase for the first 24 hours of the sale. It will offer an additional 1 million AMPs and distribute them among those who participated.

http://ethnews.com/synereo-announces-another-fundraising-campaign

[casinobonusgiveaway]

Huge dump on AMP, it seems that the market shows your reasonable price is 25k , so you set 33k-50k is too high, nobody will buy. You should set it lower, don't be too greedy coz you had round 1 ICO already.   

[guggs]

Huge dump on AMP, it seems that the market shows your reasonable price is 25k , so you set 33k-50k is too high, nobody will buy. You should set it lower, don't be too greedy coz you had round 1 ICO already.   

well, the price would be actually much higher, i say around 50-70k, if they didnt go for a fixed price (33k) in the crowdsale.

[DecentralizeEconomics]

Huge dump on AMP, it seems that the market shows your reasonable price is 25k , so you set 33k-50k is too high, nobody will buy. You should set it lower, don't be too greedy coz you had round 1 ICO already.   

Be glad people are selling cheaper than Synereo.  People also sold at sub 1000 sat prices after the first crowdsale, but those prices didn't last long.

[LiskQH]

Huge dump on AMP, it seems that the market shows your reasonable price is 25k , so you set 33k-50k is too high, nobody will buy. You should set it lower, don't be too greedy coz you had round 1 ICO already.  

well, the price would be actually much higher, i say around 50-70k, if they didnt go for a fixed price (33k) in the crowdsale.

These people killed the own market. They killed any interest in the coin.

They constantly compare the shit to Facebook speaking about capitalization. They forget that Facebook uses 1,7 billion people. How many the person uses Synereo? less than 10?!

[casinobonusgiveaway]

Huge dump on AMP, it seems that the market shows your reasonable price is 25k , so you set 33k-50k is too high, nobody will buy. You should set it lower, don't be too greedy coz you had round 1 ICO already.  

well, the price would be actually much higher, i say around 50-70k, if they didnt go for a fixed price (33k) in the crowdsale.

You are right, if they cancel the 2nd crowdsale, the price may be 50k now, but their CEO is not a very wise and made this bad strategy.  

[Joerii]

What you guys seem to be forgetting, is that the funds raised in this upcoming sale and the big ammount already raised at bnktothefuture.com ( minimum is already hit as you can see on that screenshot ! )... all that money is going directly into development, marketing and PR.

These guys have been doing an amazing job with a fraction of the funds that other projects with a similar scope have done.
( think : Factom, MaidSafe, Ethereum )

Imagine what they can do with a more reasonable ammount of funds! They know how to survive & thrive on a budget, and now it's time to get serious.

What we're seeing now is a disappointed group of traders who were high on the recent gains and are now pissed off and are looking to point a finger. I get that.

What they are underestimating is how much more room Synereo will have to grow in just a few short weeks.

[CryptoClub]

What you guys seem to be forgetting, is that the funds raised in this upcoming sale and the big ammount already raised at bnktothefuture.com ( minimum is already hit as you can see on that screenshot ! )... all that money is going directly into development, marketing and PR.

These guys have been doing an amazing job with a fraction of the funds that other projects with a similar scope have done.
( think : Factom, MaidSafe, Ethereum )

Imagine what they can do with a more reasonable ammount of funds! They know how to survive & thrive on a budget, and now it's time to get serious.

What we're seeing now is a disappointed group of traders who were high on the recent gains and are now pissed off and are looking to point a finger. I get that.

What they are underestimating is how much more room Synereo will have to grow in just a few short weeks.

Totally agree, but it helps to listen to the hangouts and to have a good deal of confidence from enough information. I am going to buy more myself, just trying to decide when.

[bluehawk]

These people killed the own market. They killed any interest in the coin.

you're a very obvious troll with your username impersonating LiskHQ ( Max Kordek ) and your attacks on any project except the one you support. the scum of bitcointalk.... thank god you have an iq of 70 and are so easy to recognise for what  you are.
if you could use arguments actually backed up by solid logic you'd be able to do some damage, now you're just laughable and giving this thread some nice bumps.

[Mongwapogi]

Hi Sir Joerii, Good Afternoon, I just want to know when will the Synereo Team announce the winner?

I'm too excited to know the winner of the Funny Contest I'm talking about the Synereo Art Contest

[overthetop2011]

What you guys seem to be forgetting, is that the funds raised in this upcoming sale and the big ammount already raised at bnktothefuture.com ( minimum is already hit as you can see on that screenshot ! )... all that money is going directly into development, marketing and PR.

These guys have been doing an amazing job with a fraction of the funds that other projects with a similar scope have done.
( think : Factom, MaidSafe, Ethereum )

Imagine what they can do with a more reasonable ammount of funds! They know how to survive & thrive on a budget, and now it's time to get serious.

What we're seeing now is a disappointed group of traders who were high on the recent gains and are now pissed off and are looking to point a finger. I get that.

What they are underestimating is how much more room Synereo will have to grow in just a few short weeks.

Agree. the team has been doing great job from the beginning.

The first ICO was a very small scale of funds IMO, but they did not give up , now the team successfully pushed the project to a new stage. It is not easy.

[Joerii]

Hi Sir Joerii, Good Afternoon, I just want to know when will the Synereo Team announce the winner?

I'm too excited to know the winner of the Funny Contest I'm talking about the Synereo Art Contest

Good day, sir Mongwapogi! I trust this reply finds you in good health. Send lady Mongwapogi my regards.

We've selected the 10 nominees, now our artists is going to draw the cartoons ! It'll take a little while but rest assured, the voting will soon commence.

[LiskQH]

These people killed the own market. They killed any interest in the coin.

you're a very obvious troll with your username impersonating LiskHQ ( Max Kordek ) and your attacks on any project except the one you support. the scum of bitcointalk.... thank god you have an iq of 70 and are so easy to recognise for what  you are.
if you could use arguments actually backed up by solid logic you'd be able to do some damage, now you're just laughable and giving this thread some nice bumps.

Hey the dude if you need proofs, you can come on any exchange and look at the price and trade volume. Lol 

[philhellmuth]

800 000 $ from the recent private sell isn't enough for the development, this greedy mofas want more, they don't care about free market.

[gfwdown]

800 000 $ from the recent private sell isn't enough for the development, this greedy mofas want more, they don't care about free market.

They want 100 Millions usd      We can't feed the greedy devs, this coin deserves to DOOM.

[Joerii]

Lots of newbie accounts quoting their own one-liners....

[LiskQH]

Lots of newbie accounts quoting their own one-liners....

Perhaps because skilled people participants of a forum, have decided to steer clear of Synereo?