Spearheading into the next stage of the Synereo project, we are en route towards an additional fundraising campaign. The official sale will start September 19th and run for 30 days. You can take part early in the pre-sale until the official sale begins by contacting us at https://www.synereo.com/sale
This call will be the second round of Synereo’s multi-phase fundraising strategy, which was detailed during our ICO, in 2015. This strategy was designed to maximize investment impact and to protect investors and AMP holders from capital erosion. Best practices in the startup industry suggest to couple investment rounds to the achievement of development goals, and this is exactly what Synereo has in mind with the release of our alpha.
The alpha will be demoed live for the first time in a conference in Vancouver, on the 9th of September. Participants will be able to install our decentralized node software on their devices, and participate in the alpha version of our social networking layer. The fundraising campaign will begin the following week.
Synereo is on the threshold of considerable growth. While the alpha of the social layer is released as a relatively simple application, to be developed further quickly based on our community’s feedback and suggestions, it marks the maturity of our platform and its ability to underlie completely decentralized applications: able to communicate, create consensus, store and deliver files through a peer to peer network – without relying on any centralized server whatsoever.
With this, the development of Synereo’s scalable, decentralized computation platform has achieved a major milestone and is now ready to enter the next phase – developing the infrastructure for a complete decentralized ecosystem. There are many challenges ahead, and a lot to be done before we can really put a dent in the “sharing economy”, eventually replacing it with a decentralized economy – but it is happening, and we invite you to be part of this groundbreaking endeavor.
How Can You Participate?
The call for investments will be facilitated with the help of BnkToTheFuture.com, the online investment platform for financial innovation and technology investment opportunities.
Qualifying investors can invest in, and receive shares of, Synereo LTD starting from a minimum investment of $1000. Equity investors on BnkToTheFuture will receive an AMP bonus, depending on the size of their investment.
BnkToTheFuture allows you to invest in Synereo LTD via Credit Card, Bank Transfer, Bitcoin, and a variety of Altcoins.
All AMPs to be sold during this campaign are pre-existing AMPs, created in advance and held by Synereo for this purpose. No new AMPs will be created for this sale. As Synereo is committed to utter and complete transparency in all its dealings, all AMP transactions carried out by the company can be viewed here. Minimum participation amount is 0.01 BTC.
For the duration of the fundraising campaign, AMPs will be offered on BnkToTheFuture.com, synereo.com/sale and YUNBI at a fixed price, starting at 33000 satoshi per AMP. The price will progressively increase in three steps, and include a bonus phase of 24 hours.
The Bonus Phase: First 24 hours
AMPs will be offered for 33000 Satoshis per AMP and include an extra bonus of 1 million AMPs through the first 24 hours of the sale, distributed among all AMP buyers in proportion to their purchase amount during that period.
For example: If Alice buys 10,000 AMPs, and the total number sold during the first day was 10,000,000 AMPs, Alice will receive an additional 10,000/10,000,000 * 1,000,000 = 1,000 AMPs.
Stage One (September 19 – October 2)
AMPs will be offered for 33000 Satoshis per AMP
Stage Two (October 3 – October 9)
AMPs will be offered for 36500 Satoshis per AMP
Stage Three (October 10 – October 18)
AMPs will be offered for 40000 Satoshis per AMP
Additionally, the sale offers bonus AMPs based on the amount purchased:
Bonus % Purchase Amount
3.33% 2 BTC
6.00% 10 BTC
9.00% 20 BTC
11.00% 50 BTC
13.00% 100 BTC
15.00% 200 BTC
For example: If Bob sends 40 BTC, he will be rewarded with 121212 AMPs. With the 9% bonus, his total would amount to 40 / 0.00033000 * 1.09 = 132121 AMPs.
The official sale begins September 19th 8:00 PM PST (20:00) The official first 24 hour bonus will start at this time and run for 24 hours.
September 19th 8:00 PM PST (20:00)
September 19th 11:00 PM EST (23:00)
September 20th 11:00 AM China
September 20th 3:00 AM GMT
The sale is structured in such a way that it encourages direct AMP purchases from Synereo, while preventing large buyers from using them to manipulate the market or immediately sell their holdings. Note that all purchased AMPs will be sent to buyers at the same time, a short period after the sale has ended.
Setting the price for this campaign was not an easy task; this will be the first sale for a cryptocurrency that’s already being traded on the market. The Synereo team has consulted with its community and economic experts, and deliberated the subject for a long time to come up with a sale mechanism that was considered fair for all parties involved, and that would prevent price manipulation and market turbulence.
We feel that this is a fair rate, both for our past supporters, and for those who are going to be supporting Synereo during this campaign. We aimed to find a price that would both be inviting for new AMP buyers, and reward those who have been with us from the start. We are doing everything in our power to ensure that this method of sale brings benefit to everyone involved.
If you already want to support Synereo and participate in a sale before it’s launched publicly, visit synereo.com/sale. Participation in the Pre-Sale guarantees the best AMP reward available.
Chinese Exchange YUNBI
Synereo has partnered up with YUNBI, serving the Chinese market both as a cryptocurrency and a fiat exchange. YUNBI will set up a dedicated page for the Synereo sale, under the same sale terms as elaborated above.
Synereo highly recommends to purchase AMPs through the above channels.
Various exchanges will continue facilitating AMP trade as usual. However, only acquiring AMPs through BnkToTheFuture.com, synereo.com/sale or YUNBI – enjoying the bonuses detailed above – will allow Synereo to further fund its operations, deliver on our shared vision for a freer, fairer Internet, and provide real value for these AMPs through our platform and applications.
Significant participation in the campaign will assure that we reach the full launch of the platform faster, delivering a product of higher quality.
A decentralized Internet is now closer than ever. We need your support to make this a reality.
We appreciate your support,
— The Synereo Team.