Synereo – the first fully decentraliezd attention-based social network
I would like to introduce you to Synereo, the world’s first fully decentralized, attention-based social network.
I wrote before about the need for a decentralized internet, which is rapidly being built. Synereo is building the social networking platform for that model. One important difference between them and other decentralized open source social networks (Diaspora anyone?) is that Synereo has an internal tradeable token that can be used to monetize the network, fund development, and attract users (free amps anyone?)
In a world where users are products, Synereo’s model turns users into active agents that get rewarded for the actions, content and attention.
I haven’t had the chance to really dig into their model or tech stack, although I know and highly appreciate the founder. The tech isn’t really ready yet, they are just raising funds now (the sale of ‘amps’ ends in 16 days).
* Disclaimer – I am not invested in Synereo, nor do I own any ‘amps’.