Synesis One (SNS)

Synesis One (SNS) Price

This cryptocurrency is not listed for trading or services on Gate.

$0.000031
-$0.000006(-16.31%)

Market Cap

$79.75K

24h High

$0.000040

24h Low

$0.000031

24h Turnover

$530.59

Total Supply

2.52B

Market Sentiment

Neutral

About Synesis One (SNS)

Synesis One is a Web3 data utility and NFT marketplace for AI. It is the symbiosis of SynesisDAO and Kanon Exchange, powered by the governance token, Synesis, and semi-fungible data token, Kanon. SynesisDAO is a decentralized autonomous organization (DAO) of ontology contributors, data traders, and ontology consumers. It crowdsources ontologies in natural language format and aggregates them immutably as a permissionless public data utility accessible by any AI system. Mind AI, the world’s first natural language reasoning AI, with its novel data structures, canonicals, will be its first beneficiary and ontology consumer.Synesis One will operate in a cross-chain environment. Smart contracts for Synesis One V1 will be deployed on the Solana Blockchain (SOL) to conserve gas costs, with future deployments on other chains to follow.The expected revenue source for Synesis One is fivefold: Mining fee paid by AI companiesTrading fees from Kanon Exchange (2.5% per trade)Creator royalties from all Kanons minted (2.5% per trade)DeFi related service fees, and its treasury at genesis. The treasury will fund software development, business development, marketing, and more.The Synesis Foundation will fund an Ethics Board and grants.Synesis One uses a dual token economic system to power two inter-dependent operational areas with different missions: SynesisDAO + Kanon Exchange.SNS is a right to participate and vote. It powers SynesisDAO.Kanon is a collectible with a reward. It supplies a means of exchange to Kanon Exchange.

Website

Explorers

Risk Disclosure

Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results. Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.

Disclaimer

The information provided on this page is for general reference only and does not constitute any form of investment, financial, legal, tax, or trading advice, nor does it constitute any offer, solicitation, or recommendation. Gate makes no representations or warranties regarding the accuracy, completeness, or timeliness of the relevant information and assumes no liability for any losses arising from users' own decisions based on such information. Gate products and services may be restricted in certain jurisdictions or for certain users. Before using the relevant services, please ensure compliance with applicable laws and regulations, and refer to the User Agreement for provisions regarding restricted regions and service limitations.