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Data fuels AI. No matter how sophisticated an AI algorithm is, if the input data is garbage, then the output result will be garbage. In addition to quality, quantity is also hugely important for AI. Today, the few tech giants hoard and monetize their users' data, dominating the field of AI for their own profits.
Synesis One aspires to change all of this. Synesis One, a DAO (decentralized autonomous organization), provides a play-to-earn system that develops games to incentivize users to create datasets that train AI.
In addition, Synesis one will create and sell NFTs (Kanon NFTs) that users can stake to earn membership into the ecosystem to access the games that make their participation worthwhile and fun. Training data from the ecosystem will be stored on the Solana blockchain and accessible to all, democratizing data and AI.
Kanon NFT owners will also earn claimable passive income just by owning the Kanon NFTs. Each NFT will represent a word, and when the word is accessed/utilized by AI clients (e.g. Mind AI), then the holder of the NFT will get a part of the fee paid by the AI client.
What is Synesis One?
Synesis One represents an innovative ecosystem designed to democratize the creation and utilization of data for AI training through a decentralized autonomous organization (DAO). At its core, it leverages the power of community engagement and blockchain technology to address the challenges of data quality and availability in AI development. By introducing a play-to-earn model, Synesis One incentivizes users to participate in games that contribute to the generation of valuable datasets for AI training. This approach not only makes the process engaging and rewarding for participants but also ensures a steady supply of high-quality data necessary for the advancement of AI technologies.
The ecosystem operates on a dual-token model and is built on the Solana blockchain, known for its speed and efficiency. This foundation provides a scalable and cost-effective environment for the project's operations. Synesis One's governance system ensures that the community has a say in the ecosystem's development, fostering a fair and open environment.
A standout feature of Synesis One is its introduction of Kanon NFTs. These NFTs serve multiple purposes within the ecosystem: they grant owners membership, allowing them access to the ecosystem's games, and they enable owners to earn passive income. Each Kanon NFT represents a word, and when these words are utilized by AI clients, such as Mind AI, the NFT holder receives a portion of the fee paid by the client. This innovative approach not only provides a financial incentive for NFT holders but also contributes to the project's goal of creating a more equitable data economy.
Synesis One's commitment to changing the landscape of AI data through blockchain technology and community participation positions it as a noteworthy project in the intersection of AI and cryptocurrency. Its focus on quality data generation, fair compensation, and open access to information aims to challenge the current data monopolies and pave the way for a more inclusive and decentralized future in AI development.
How is Synesis One secured?
Synesis One implements a comprehensive security strategy to protect its ecosystem and stakeholders. This approach includes a dual token system and a cross-chain environment, enhancing the platform's security and operational flexibility. The dual token system not only facilitates transactions within the ecosystem but also incentivizes participation through gamification. This method encourages skilled ontology miners to contribute to the platform, thereby strengthening its security and utility.
To further secure its environment, Synesis One employs multi-factor authentication and encryption, safeguarding user accounts and sensitive information against unauthorized access. The platform also utilizes cold storage solutions for the safekeeping of user funds, minimizing the risk of theft or loss due to cyber-attacks.
Continuous improvement of security protocols is a priority for Synesis One. The platform regularly updates its administrative, technical, and physical security measures to address emerging threats and vulnerabilities. This proactive stance ensures the ongoing safety of the platform and its users' data.
In addition to these measures, Synesis One is committed to creating a trusted and safer environment through the detection and prevention of fraud, conducting security investigations, and enforcing agreements with third parties. These efforts are crucial in maintaining the integrity of the platform and fostering trust among its users.
As a decentralized autonomous organization (DAO) that leverages blockchain technology, Synesis One is at the forefront of democratizing data and AI. By incentivizing users to create datasets through play-to-earn games and offering NFTs that provide both membership benefits and passive income opportunities, Synesis One is pioneering a new model for AI development and data utilization.
It's important for individuals to conduct their own research before engaging with any cryptocurrency or blockchain platform, considering the inherent risks and the dynamic nature of the technology.
How will Synesis One be used?
Synesis One introduces an innovative approach to the utilization and monetization of data through a decentralized platform. This platform is designed to democratize the acquisition and use of data for AI training, leveraging the capabilities of blockchain technology to ensure transparency and fairness. At its core, Synesis One operates as a data crowdsourcing platform that enables individuals to contribute to AI development by completing micro-tasks. Participants are rewarded for their contributions, fostering a community-driven environment where anyone can contribute to AI advancements.
The platform employs a dual token system, which plays a crucial role in its ecosystem. This system is designed to recruit, retain, and reward participants, particularly skilled ontology miners, for their contributions to the platform. Revenue generation on Synesis One is anticipated to come from various sources, including mining fees, trading fees, creator royalties, and DeFi-related service fees, as well as its treasury. This diversified revenue model ensures the platform's sustainability and its ability to reward participants effectively.
Synesis One is also pioneering the Train2Earn concept on the Solana blockchain, which represents a significant advancement in how individuals can engage with and benefit from AI training. By participating in this system, users can earn rewards for training AI, thereby contributing to the development of more sophisticated and efficient AI systems.
The introduction of Kanon NFTs within the Synesis One ecosystem adds another layer of engagement and reward for users. These NFTs not only grant owners membership into the ecosystem, allowing them to access games and other participatory activities, but they also enable owners to earn passive income. This income is generated when the data represented by the NFTs is accessed or utilized by AI clients, creating a direct link between data contribution and financial reward.
In conclusion, Synesis One is set to revolutionize the way data is sourced, utilized, and monetized for AI training. By leveraging blockchain technology and a community-driven approach, it aims to create a more equitable and accessible data ecosystem. This not only benefits AI development by providing a richer and more diverse dataset but also empowers individuals by rewarding them for their contributions. As always, potential participants should conduct thorough research to fully understand the platform and its offerings before getting involved.
What key events have there been for Synesis One?
Synesis One has marked its presence in the blockchain and cryptocurrency landscape through a series of significant developments aimed at reshaping the AI data ecosystem. The foundation of Synesis One was driven by the ambition to foster a more equitable and transparent ecosystem, leveraging blockchain technology to democratize access to data for AI training. This vision led to the deployment of smart contracts on the Solana blockchain, a strategic choice that underscores the project's commitment to scalability and efficiency.
A pivotal aspect of Synesis One's innovation is the introduction of a dual token system designed to enhance gamification within its ecosystem. This system underpins the economic model of Synesis One, facilitating transactions, rewards, and governance within its community. The launch of the Kanon Exchange further exemplifies the project's dedication to creating a comprehensive infrastructure that supports its broader objectives.
The creation of a data crowdsourcing platform marks another cornerstone in Synesis One's journey. This platform is not just a tool for gathering data; it's a testament to the project's ethos of collective contribution and shared benefits. By incentivizing users through a play-to-earn model, Synesis One taps into the untapped potential of community-driven data generation, powering AI advancements.
Moreover, the development of a Train2Earn platform on Solana and the establishment of partnerships with major entities reflect Synesis One's proactive approach to expansion and collaboration. These partnerships are not merely transactional; they are strategic alliances that enhance the project's reach and impact, paving the way for broader adoption and integration of its technologies.
The introduction of Kanon NFTs represents a novel approach to stakeholding and passive income generation within the blockchain domain. These NFTs are not just digital assets; they are integral components of Synesis One's ecosystem, enabling owners to earn rewards while contributing to AI training data pools.
In summary, Synesis One's journey is characterized by strategic technological deployments, innovative economic models, and collaborative ventures aimed at revolutionizing the AI data landscape. Through its initiatives, Synesis One is not just creating a platform; it's nurturing a community-driven ecosystem that promises to redefine the paradigms of data ownership and AI development.
The live Synesis One price today is $0.045413 USD with a 24-hour trading volume of $1,809,759 USD. We update our SNS to USD price in real-time. Synesis One is down 3.95% in the last 24 hours. The current CoinMarketCap ranking is #977, with a live market cap of $20,719,775 USD. It has a circulating supply of 456,252,758 SNS coins and the max. supply is not available.