Joining the Web3 movement

Web 1 refers to the first stage of the Internet, where users were primarily consumers of content.

Web 2 represented the next evolution, transitioning the Internet from static web pages to interactive experiences and user-generated content. It spawned the rise of companies like Uber, Airbnb, Facebook, and Instagram.

Finally, Web 3 is an even more fundamental disruption. The outcome is an open, trustless, and permissionless experience — a far cry from our current highly centralized Internet system.

What makes Syntropy a Web3 project?

While most Web3 projects focus on creating Web3 applications, the rest of the Internet layers are often overlooked. Our products and technologies are created with distributed ledger technology and decentralization values in mind.

The Web3 Foundation has done extensive research into the complete architecture of the Web3 ecosystem. The most fundamental components of this system are considered layer zero technologies.

These include zero or low-trust meta protocols that allow for the sharing of security, platform-neutral languages that create a way to execute the same program on different physical platforms and peer-to-peer internet overlay protocols (like Syntropy) which allow all system nodes to communicate in a decentralized way.

At Syntropy, we are working towards a bigger vision made possible by the patented Distributed Autonomous Routing Protocol (DARP). As the name suggests, DARP is a protocol that lives on the network layer. It connects all nodes, computers, and servers into a decentralized global network with built-in encryption and smart-routing capabilities, forming the backbone of the Syntropy Relay Network.

Permissionless access to the Syntropy network guarantees an equal and level playing field for all network providers and users regardless of their background. A decentralized network of nodes powering the Syntropy blockchain ensures secure and immutable tokenization of bandwidth, enabling the Open Bandwidth Exchange. We consider ourselves pioneers in bringing bandwidth trading to Web3.

Open-sourced protocols and software enable users to contribute to the Syntropy ecosystem. Network engineers are encouraged to maintain and contribute to the Distributed Autonomous Routing Protocol. With the help of Syntropy Stack, developers can create applications and integrations which they can then offer as a service.

All these technologies and concepts translate into value captured by our native digital asset $NOIA, allowing this ecosystem to create its decentralized economy supported by tens of thousands of community members running node infrastructure. All connections and data sent through any device are accounted for in tokens. $NOIA represents the unit of value derived from an Internet relay and its intrinsic value within the Syntropy ecosystem.

The $NOIA token has five main utilities:

Providing the means to permissibly exchange utility tokens for using the network services and fairly rewarding the supplier of said services.
Providing payment fees for all transactions results in a stable blockchain network.
Supporting the growth of Syntropy network infrastructure by providing incentives for DARP relay nodes of various calibre.
Governing the economy through the Proof-of-Stake consensus.
Securing the economy by financial staking, ensuring all participants in the network are incentivized to perform to the best of their efforts.