SYS Labs acquires FortKnoxster, a cryptosecurity company, and reveals their first joint effort - an AI-driven social crypto dApp called SuperDapp.
SYS Labs, a firm that focuses on delivering enterprise solutions to facilitate the transition to Web3, has acquired FortKnoxster, a cryptosecurity company. They have also revealed their first collaboration under the new framework – an AI-driven decentralized social networking platform called SuperDapp, which will feature a utility token to be announced soon. The launch of SuperDapp and its associated token is expected to further advance the adoption of Web3 technologies, bringing us one step closer to a more decentralized future.
SYS Labs is a unicorn among unicorns as it is developing the foundational levels of the real Web3 and connecting users, decentralized applications (dApps), and assets to create frictionless flows between ecosystems. SYS Labs develops the infrastructure, dApps, and tools required to fulfill the needs and aspirations of a global population. These offerings are supported by the immutability of Bitcoin, as well as by the finality of Syscoin and the innovative L1 data availability solution known as PoDA.
FortKnoxster was established by Danish entrepreneurs and IT security experts who all share a strong interest in topics such as blockchain technology, cryptography, and the protection of individuals’ anonymity online. Crypto-security and digital inheritance make up the core of the platform. FortKnox’s extraordinary innovations, security measures, and customer support all contribute to making Web3 more secure and future-proof.
Driving the Expansion of Syscoin’s Ecosystem
SYS Labs plans to expand the Syscoin ecosystem into the flourishing cryptosecurity and decentralized social marketplace by combining the cutting-edge technologies of FortKnoxster and the Syscoin Platform. SuperDapp, which is being referred to internally as the “killer app,” will provide users with communication features similar to those found in many of the most popular social apps, but will do so in a manner that is particularly tailored for crypto users who are concerned about their privacy.
SYS Labs President, Jagdeep Sidhu, remarked, “The potential unlocked by merging our technologies is already driving the expansion of Syscoin’s ecosystem. ‘Everything apps’ like what you might find in some Asian markets have piqued much interest lately; SuperDapp will answer the need for many of these capabilities upon its Q2 2023 release, expanding further as we pursue an exciting roadmap.”
Enhancing Human Experience Via AI and Web3
SuperDapp is a decentralized mobile and web application that stands at the intersection of cryptocurrency and social interaction, aiming to improve the human experience through the use of AI and Web3. Existing FortKnoxster token (FKX) holders will be swapped for the brand-new SuperDapp token. More information as well as instructions will be provided in the near future. On Friday, the FortKnoxster team will conduct an AMA session to discuss these details.
FortKnoxster CEO & Co-Founder, Niels Klitsgaard stated, “The acquisition by SYS Labs is an exciting milestone for our company and validates the hard work our team has dedicated to building innovative technologies. This assimilation marks a new chapter for our potential because SYS Labs has what it takes to ensure the future development, expansion, and awareness of our mission.”
Both SYS Labs and FortKnoxster are optimistic about the forthcoming collaborative advantages as well as the ground-breaking innovations that will emerge as a direct result of their ongoing collaboration. Keep an eye out for further developments regarding this exciting partnership and the forward-thinking solutions it will bring to the communities of cryptosecurity, blockchain technology, and decentralized social marketplaces.