Synereo is developing tools which allow content creators to easily monetize original works without having to turn their channels into advertisment real estate, while granting their followers the opportunity to be rewarded for getting the word out.
STATS
Explorer - http://omnichest.info/lookupsp.aspx?sp=39
Circulating Supply - 82,256,324 AMP
Total Supply - 949,291,063 AMP
Fundamental Analysis
WildSpark Beta - Launch 30th June
In short , Synereo is looking forward to make a decentralised social networking platform. In some ways similar to steemit. It is opening its beta access on 30th June to everyone. If you want to give join the beta list , go to https://wildspark.me
WildSpark will be distributing Free AMP's too to beta users plus various bounties for testing their platform.
Expect free money.This isn’t really a requirement, but something you should prepare for. New users will be receiving real, free AMP's so that they can properly experience the product. We also plan on having various bounties and additional ways of earning AMP's during the Beta.
How WildSpark Works?
Checkout the video explaining it in simple details.
Technical Analysis of AMP
Currently AMP is just above a good support level, In the recent bloodbath it dipped and stayed in the support range for a day. Support is in between 17k to 20k sats which is a great buying price.
However even at the current price, its a good bargain assuming you are at a long haul for this.
https://www.tradingview.com/chart/AMPBTC/pRnGHx5w-AMP-Can-WildSpark-Amp-it-up/
With upcoming WildSpark Beta release, it will definitely grab more attention.
I will be looking forward to join WildSpark too and add another platform besides Steemit for my content.
Hope you like this short analysis on Synereo /AMP
Resteem it!!
I'm really kicked by Synereo AMP and WildSpark. Competition is good and their team is quite solid. This should be a wonderful platform to try out and anything that is a working MVP proves more than cryptos that have potential but aren't in use at all.
And I think WildSpark has the right idea of being platform agnostic. If we use YouTube to consume content, we shouldn't have to leave YouTube, however we should also be able to benefit from curating that content wherever we are on social media.
The question I have is how will consumers of content even have any Amp to donate to the content creator? Will they have to buy it? If so then it's unlikely they would participate unless they could replenish their Amp.
Similar to Steemit, where our engagement rewards us with more STEEM, there should hopefully be an engine that generates AMP to provide to consumers so they can simply donate it without worrying about using it all up.
Let's see how the Beta goes!
Yes I like the idea how curation works in WildSpark and is not limited to wildspark platform alone .
I hope they come up with something similar to STEEM and users don't have to buy AMP to be able to participate.
Anyways in the early beta days, we all will be getting free AMP's to try it out.
I'm curious to try this out.
Me too, I have joined the beta access.
Thanks .u also upvote me
Best article......nicely discussed...looking forward to it
Thanks mate