As everyone aware of this new crypto called SYNEREO which is emerging with a powerful decentralized economy platform where you can build DAPPS in a simple manner.
Just a Few things that you should know about SYNEREO..WHY YOU SHOULD INVEST IN IT!
Rholang is a language developed by Synereo specifically to support fine-grained concurrency inside smart contracts, with semantics derived from a mobile process calculus called the rho-calculus. As such, the Rholang compiler can use model checkers and theorem provers, useful particularly for checking and verifying contracts making use of concurrent and distributed processing of events
Synereo explains that “Amplification” is a process where a user stakes a customizable amount of AMPs on a given piece of content and spreads it through various social channels. If the piece of content proves itself to be accepted and posted further on by their audience, the user collects AMP dividends, while the creator of the content receives a share of every sequential Amplification staking-amount paid.
According to Synereo, this way, content creators can derive income from their work, while curators are incentivized to find promising content and distribute it among audiences interested in it. Additionally, Content creators themselves have the ability to stake AMPs on content and Amplify their reach in the network based on Synereo’s Attention Economy model. This creates a new “Internet Meta-Layer”, where the flow of information benefits those who have created value throughout it.
Power users, meaning professional curators and creators, can monitor their statistics on the Qrator Dashboard and analyze the added value they’ve created in terms of reach and traffic, also improving their curation activities through an understanding of their influence.
Synereo has announced the release of its first “Attention Economy toolkit” component: Synereo Qrator – a tool that allows users to monetize original content, get rewarded for sharing quality with others as well as discover the best content on the web.
Qrator will be released as beta in June, establishing a decentralized “Attention Economy Layer”. In the months to follow, Qrator will further include a distributed content delivery network, allowing users to directly upload content to the Synereo CDN. With the operation of Qrator, Synereo seeks to build a cross-platform and inter-network decentralized social graph, laying the ground for the network effects necessary to bootstrap a fully populated, decentralized social content app based on blockchain and distributed storage technologies.
According to a blogpost published by Synereo, Qrator’s closest touchpoint to the existing Internet is a browser extension that follows the user while browsing through content hosting platforms such as YouTube, Soundcloud, Reddit and the like, and enables them to “Amplify” content pieces such as videos, music clips or articles, using AMPs – Synereo’s native cryptocurrency.
With all these super ability tech i believe this will somehow help the Economy of a specific community or the entire world very soon. When you planned to dump your money into some Crytpo please research on the use case of the technology before supporting it as recently i saw a plenty of dump with no reason in Exchanges!.. Hope this help you guys!
Very interesting! Is Synereo a competitor to Steemit, or is the social media experience aimed at a different niche (e.g. Steemit is more like Reddit, while Synereo is more like Facebook? This is just an example, I don't know anything about Synereo).
Are Synereo's AMPs similar to Steem Power, where the more you have, the bigger influence you get? I am quite curious about this crypto, but am not really understanding the full picture yet. Thanks for sharing!
hi @catotune thanks buddy ..Synereo is not a competitor to Steemit as it does not have a single platform like it... AMP the crypto itself act as a fuel to enable the content creator to earn AMP via the readers. With that it can be embedded to your specific link where you able to share it in any platform and earn.. more to Decentralize earning.. you can AMPLIFY most of the social media out there..
Thanks, your explanation really clears things up for me. It looks like AMP would have real value as content creators will want to accumulate more fuel. It also looks like there is already a chrome browser plugin for this. I like this idea a lot!
Great information. Thank you!!
Thank you @makeitmassey :)
thank you!!!!
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
http://www.the-blockchain.com/2017/04/04/synereo-announces-qrator-first-attention-economy-app/
Congratulations @rajdharma! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Award for the number of comments
Click on any badge to view your own Board of Honnor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP
By upvoting this notification, you can help all Steemit users. Learn how here!