AMP
AMP
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Type: Cryptocurrencies
Ticker: AMP
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More information about AMP

About

Synereo offers blockchain-enabled Attention Economy solutions, allowing direct and platform agnostic monetization of original content posted anywhere on the net.

Founded in 2014, Synereo is a company developing blockchain-enabled solutions for content publishing and distribution, providing creators and curators with fairer and more rewarding methods of both publishing and distributing content online. With offices in Tel Aviv and San Francisco, Synereo currently employs 15 developers, designers and marketing professionals and is on the constant lookout for new talents.

Mission:
Synereo’s primary mission is placing the value generated by Internet denizens in their own hands. In the long term, our vision entails assigning full ownership and control of social networks and content publishing platforms to users themselves, on a technologically-decentralized platform.

Currency and Monetization:
AMPs power the new Attention Economy. The AMP is the native cryptocurrency that supports the functionality throughout Synereo’s range of products. Synereo incentivizes users to reward each other and support the creation of value on the network directly, without intermediaries or fees.

WildSpark:
WildSpark, the first tool released by Synereo, works as a distributed meta layer on top of existing media hubs and social networks. Providing an entirely new way for original content to be monetized, it creates a freer and fairer Attention Economy. WildSpark users are incentivized to reward both creators and curators directly with AMP, without the media hub, social network – or Synereo – taking a cut.

The AMP, issued in 2015, is Synereo’s native cryptocurrency. It powers Synereo’s network of Liberated Attention Economy products, where it incentivizes users to reward each other for value-creation acts directly – without intermediaries or fees.

The success of Synereo is predicated on the content ecosystem getting used to and adopting the ideas we espouse, of putting the value created throughout the entire value-creation chain of the Attention Economy in the hands of those responsible for it — via the flow of AMPs.

As this happens, a replacement of the exploitative models prevalent today, Synereo aims to put AMPs in the hands of every Internet user.

Bootstrapping an Economy
Synereo will only ever release and use AMPs as a means of acquiring more users for its platform, incentivizing them to use it, driving growth, and facilitating networks effects. Distributed into specific wallets detailed in the policies doc, AMPs are given out as part of Referral Programs, rewarded for skilled use of the platform, and as part of Creator and Curator Programs encouraging high-value users to migrate to the platform and use it as their main venue.

The AMPs Synereo holds are used to seed the new marketplace and forming economy. AMPs are being and will continue being distributed responsibly, in ever-increasing amounts as the network matures and grows, facilitating the creation of a Liberated Attention Economy — until they become a new fact of life.

https://www.synereo.com
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