Syntropy, a leading blockchain platform, has announced a major rebranding effort, changing its name to Synternet. This strategic move not only showcases the platform’s progress but also emphasizes its commitment to shaping the future of Web 3.
The rebranding includes a complete visual makeover, featuring a fresh color scheme, logo, and website design. However, the transformation goes beyond aesthetics. Synternet aims to align its external image with the cutting-edge technological advancements happening behind the scenes.
By harmonizing its outward appearance with its technical innovations and overarching objectives, Synternet solidifies its position as a legitimate Layer-1 blockchain that powers the essential data infrastructure for a cohesive and composable Web3 ecosystem.
Daniel Haudenschild, CEO of Synternet, expressed his enthusiasm about the rebranding, stating, “We are excited to unveil our new identity as Synternet. This transformation reflects our dedication to pushing the boundaries of blockchain technology and creating a seamless digital experience for our users.”
CTO Jonas Simanavicius echoed Haudenschild’s sentiments, adding, “With Synternet, we are revolutionizing the way data travels across the internet. Our platform’s advancements will pave the way for a more interconnected and efficient Web3 ecosystem.”
Importantly, the transition from Syntropy to Synternet will not affect users’ $NOIA tokens, which will continue to operate on the Ethereum network without requiring any immediate action from token holders.
As part of its 2024 Q2 roadmap, Synternet has exciting plans for the future. This includes the debut of the Synternet Blockchain’s mainnet, which will establish a robust foundation for real-time cross-chain data streams. Additionally, Synternet will introduce a fully functional token bridge between Ethereum and Cosmos, facilitating seamless value transfers.
Furthermore, the platform is committed to enhancing user participation, fostering creativity, and improving the experience for publishers and developers.
Syntropy’s journey began with a vision to revolutionize data transmission on the internet using blockchain technology. As the Web3 ecosystem evolved, the need for interconnected blockchains became apparent. This led to the development of the mainnet, transforming the network into a powerful Layer-1 project that connects disparate chains into a synchronized and interoperable network, driving the data economy forward.
Presently, the Web3 Data Layer boasts a talented team of over fifty Web3 specialists. Its community has grown to over 100,000 members across various social media platforms. The platform’s vision is backed by more than 16,500 token holders, and prominent venture capitalists specializing in blockchain have committed $10 million in funding.
The future looks promising for Synternet as it continues to innovate and shape the landscape of Web3 technology.