Synesis One

Halal Rating :
Comfortable
Last Price $0.012 Last updated:
Rank 1460
1D Change -18.69 %
Market Cap $5.29m
Circulating supply 456,252,758
Maximum supply None

Crypto Overview

Purpose and Utility

Synesis One is a decentralized AI data marketplace that aims to incentivize human annotators to generate high-quality training data for AI models. The SNS token is used as the native currency within this ecosystem, rewarding contributors who help create and validate AI training datasets.

Business Model

The platform operates by allowing users to earn SNS tokens by completing data annotation tasks. These tasks involve labeling, categorizing, or describing various types of data that can be used to train AI models. Companies and developers can then purchase this annotated data using SNS tokens.

Real-World Adoption

The project is still in its early stages of development and adoption. While the platform has launched its initial features, including the Kanon gaming platform for data generation, current usage appears to be limited.

Development Activity

The project maintains active development, with regular updates to their platform and ecosystem. The team has been transparent about their development roadmap and progress through their official channels.

Token Distribution

SNS tokens have a structured distribution model with allocations for the development team, ecosystem growth, and community rewards. Specific details about vesting schedules and lock-up periods are publicly available through their documentation.

Crypto Impact

To assign a comfort level investing in Synesis One from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Synesis One.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.