Syntropy Price (NOIA)

What Is Syntropy (NOIA)?

Syntropy is designed to solve issues prevalent in the current Internet framework, including security, privacy, governance, performance, reliability, and ineffective resource utilization. The NOIA token launched on Jan. 5, 2020, while Syntropynet was founded in 2017.

Technology is rapidly decentralizing, but all of this decentralization still requires the public Internet to connect and communicate. Unfortunately, the Internet of today is highly centralized, preventing the true democratization of technology. Syntropy decentralizes the Internet at its core without sacrificing compatibility with current protocols. It results in a safer, faster Internet experience that allows true decentralization to begin.

The NOIA token is the “gas” that facilitates connections and data transfers over the Syntropy network. As a Layer 1 technology, NOIA represents the aggregate value of information communicated across the Web3 ecosystem. It creates the initial financial incentives for this network to be created and then operated by and for the user community.

All connections and data sent through any device are accounted for in tokens. Hence, the token represents the value derived from an Internet relay and its intrinsic value within the economy.

Who Are the Founders of Syntropy?

Syntropy was founded by William B. Norton, Jonas Simanavicius, Domas Povilauskas, and Domantas Jaskunas.

William B. Norton is the co-founder and Chief Technical Liaison responsible for launching outreach activities to secure prospective partners, customers, and suppliers for the NOIA software segment solution known as the programmable Internet.

He is also the founder of DrPeering. Before that, he worked as the chief scientist in Console Connect Inc. and was the chief strategy officer at IIX. He also worked as an Internet Peering Expert at ETICS Advisory Panel – European Commission and was the co-founder and chief technical liaison at Equinix. He was also the manager of the Internet Engineering group for 11 years at Merit Networks, University of Michigan.

Jonas Simanavicius is the co-founder and CTO at Syntropy and is the CTO of Clouder. Jonas was an associate applications developer at JPMorgan Chase& Co, a mobile application developer and consultant at Techsnapp Ltd, and a mobile application developer & consultant at Approar Ltd.

Domas Povilauskas is the co-founder and CEO at Syntropy and the co-founder and CEO at Tellq. Before that, he was self-employed at Trader and was a financial analyst at Value Square, and a Financial Analyst at Orion Securities UAB FMI.

Domantas Jaskunas is a co-founder and COO of Syntropy, as well as a co-founder of Tellq. Before that, he was an analyst at SilverSea Asset Management and a financial assistant at Gaotime.