Blockchain Company Synereo Launches 2nd Fundraising Campaign – Selling Both equity and AMPs, The Company’s Native Cryptocurrency

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Synereo’s fundraising campaign, starting today and running for 30 days until Oct. 18th, will be the second round of Synereo’s multi-phased fundraising strategy, which was announced prior to the company’s first sale, in 2015.  

The campaign launches 48 hours after Synereo has announced the destruction of half of its AMP holdings, worth ~$146 million dollar, perpetually taking 731,108,937 AMPs out of circulation.

For the next 30 days, Synereo will offer AMPs at a fixed price, with purchasing bonuses of up to 15% on acquisition price, as detailed here. During the campaign, the offering price will increase in three tiers, and include a bonus phase during the first 24 hours, amidst which additional benefits will be offered.  

Funds raised during this campaign will be used to significantly scale up Synereo’s operations, expand the company’s team, optimize the development effort of Synereo’s 2.0 tech stack – the company’s decentralized computation platform, able to run decentralized applications without central servers – and refine the developer tools needed to build dApps on top of it.

Along with its fundraising efforts, Synereo releases the alpha version of its social network, which according to the company’s development plan, will maintain under continuous development until Q4/2017, when the beta version will be deployed on Synereo’s RChain-based, next-gen tech-stack.

The Campaign starts Monday, September 19th at 20:00 PST (23:00 EST, Sept. 20th 11:00 AM China, Sep. 20th 03:00AM GMT) and will allow participation through three channels:

On BnkToTheFuture.com – Where qualifying investors can purchase shares of Synereo LTD  and AMPs can be bought with bank transfers, credit cards, Bitcoin, and altcoins.

On Synereo’s campaign page – Where AMPs can be bought directly with Bitcoin.

And on YUNBI, hosting Synereo’s AMP sale for the Chinese community.

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Founder of Blockchain News and The Hackitarians Foundation, Richard Kastelein is an award winning publisher and editor, hackathon organiser and entrepreneur. He has written over 700 articles at Blockchain News, has a massive network in the Blockchain arena and is available as a speaker and consultant. (richard@the-blockchain.com) Kastelein has spoken (keynotes & panels) on technology at events in Amsterdam, Barcelona, Belfast, Berlin, Brussels, Brighton, Copenhagen, Cannes, Cologne, Curacao, Frankfurt, Gdansk, Hollywood, Hilversum, Geneva, Groningen, London, Las Vegas, Leipzig, Madrid, Melbourne, NYC, Oxford, Rio de Janeiro, Sheffield, San Francisco, San Jose, Sydney, Tallinn, Vienna, and Zurich. A Creative Technologist & Canadian (Dutch/Irish/English/Métis) his career began in the Native Press (Canadian Arctic) and he later spent a decade in the Caribbean media. Currently, he writes occasionally for Wired Insights, Guardian & Virgin and his articles have been translated into Dutch, Greek, Polish, German & French.