Syntropy, known for its role as a Web3 data infrastructure provider, is stepping into a new identity as Synternet, symbolizing the tech advancements taking place behind the curtain.

The Web3 data infrastructure company, Syntropy, has unveiled its change of name to Synternet. Synternet This rebranding effort involves modifications to the project's visual elements, including the logo and website design, ensuring they resonate with the contemporary technological landscape.

Daniel Haudenschild, the CEO of Synternet, highlighted that this rebranding is a significant statement about the company’s ambitious vision for the future of blockchain. Synternet aspires to serve as the foundational layer for a decentralized internet that promotes openness, interoperability, and creativity.

Significantly, users' NOIA tokens will remain unaffected by the shift from Syntropy to Synternet. These tokens will continue to operate without disruption on the Ethereum blockchain, requiring no additional steps from their holders. Currently, there are over 16,500 users who own NOIA tokens on the platform.

Following this visual update, Synternet has planned several key updates for the upcoming months, marking the start of its Monaco phase as outlined in the roadmap for the second quarter.

Upcoming initiatives include the launch of the Synternet blockchain on its mainnet, the rollout of a fully operational token bridge that will seamlessly link networks, facilitating easier value transfers, as well as various enhancements aimed at streamlining the experience for developers and publishers engaging with the network. Ethereum and Cosmos Synternet operates on a blockchain platform designed to offer modular and interoperable solutions across leading networks. At its core is the Data Layer, a protocol that acts as the execution layer, creating a bridge between differing blockchains. Moreover, its Autonomous Economic Agents (AEAs) empower developers to create flexible applications tailored for specific use cases using data from any blockchain network.

What Is Synternet?

The project has attracted backing from notable investors in the Web3 arena, including Polygon Ventures, CMCC, Faculty Group, Moonrock Capital, HV Capital, and others, successfully raising $10 million. data infrastructure Syntropy was founded with the vision of transforming data exchange over the internet by leveraging blockchain technology. As the Web3 ecosystem evolved, the need for interlinked blockchains became clear. The transition to Synternet is the natural progression of this journey. Upon the launch of its mainnet, it aims to seamlessly integrate disparate blockchains into a cohesive, interoperable network that propels the data economy forward.

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Alisa, a passionate journalist at Cryptocurrencylistings, focuses on topics related to cryptocurrency, zero-knowledge proofs, investments, and the broad domain of Web3. With a sharp insight into emerging trends and technologies, she provides in-depth coverage to keep readers informed and engaged in the constantly shifting landscape of digital finance. Layer 1 chain Enso, LayerZero, and Stargate have teamed up to enable one of the most significant liquidity migrations within Ethereum, facilitating a move to Unichain.