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Home News Blockchain Company Synereo Launches 2nd Fundraising Campaign - Selling Both equity and...

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

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.

Richard Kasteleinhttps://www.the-blockchain.com
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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