Syncoin Tokenomics and Strategic Project Roadmap

By Coin_Gabbar
19 days ago
EDC GCC DCTO

Syncoin ($SNC) is a brand new cryptocurrency with a total of 1,618 million tokens. It means there will never be any more, and each token will become more valuable in the future.

One of the best things about Syncoin is its buy-and-burn system. When individuals sell tokens, some of the fees are used to buy back and burn some of them. This means there will be fewer tokens over time, making the ones left more valuable!

This system helps keep prices steady, especially when they fall.As the number of tokens decreases and more people want to buy, prices can go up—this is good for early investors.

By participating in the Syncoin presale, you stand a chance to own a precious digital asset before it becomes mainstream.If you want a crypto project that has the potential to grow, Syncoin is worth considering!

The Syncoin ($SNC) Token

Syncoin ($SNC) is a new cryptocurrency with a total of 1,618 million tokens. This means there will never be more, making each token more valuable over time.

One great feature of Syncoin is its buy-and-burn system.

When people sell tokens, part of the fees is used to buy back and burn some tokens. This means there will be fewer tokens over time, making the ones left more valuable!

This system helps keep prices steady, especially when they fall.As the number of tokens decreases and more people want to buy, prices can go up—this is good for early investors. By joining the Syncoin presale, you have a chance to own a valuable digital asset before it becomes popular.If you're looking for a crypto project that can grow, Syncoin is worth a look!

Token Detail

Token symbol: SNC

Type: Utility-token

Token standard: ERC-20

Token price in USD: 1 SNC = 15.20 - 21 USD

Accepted currencies: USDT, ETH, BNB, Card

Details Pre-sales: Nov 08, 2024 - TBA

Token supply: 1,618,033 SNC Legal

Blockchain Platform: Ethereum

Tokenomics

This well-structured token distribution ensures a balanced distribution among rewarding the community, ensuring liquidity, fuelling innovation, and supporting long-term project development.

40% – Staking Rewards

The total Syncoin is reserved as rewards for those who stake their tokens.This rewards token holders for keeping their SNC tokens safe, which stabilizes and secures the network.Those backing the network will be rewarded, incentivizing constant participation and decentralization.This serves long-term holders and keeps the token in the market, preventing selling off short-term.

25% – Liquidity Pools

of the entire tokens are used for liquidity pools on decentralized platforms such as Uniswap. These tokens serve to ensure the ease of purchase and sale of SNC by users without large price fluctuations. Having sufficient liquidity also serves to establish a healthy market, gains user confidence, and stabilizes the value of Syncoin. This is significant for the expansion of decentralized finance (DeFi) and for the token to be used on various blockchain networks.

15% – Ecosystem Growth

This allocated for expanding the ecosystem, which encompasses collaborations, new applications, and assisting developers.This funds will incentivize app developers, bring Syncoin into collaboration with other crypto platforms, and sponsor marketing to drive more users to it. This keeps the Syncoin ecosystem vibrant and engaging to users and developers alike, and supports growth in spaces such as DeFi, gaming, and the metaverse.

10% – Presale

10% of the total supply is allocated for a public presale, offering early supporters the opportunity to purchase Syncoin prior to it being listed on exchanges.This funds development and creates a solid investor community based on shared long-term goals with the project.The presale price tends to be lower, attracting early buyers and establishing initial liquidity and exposure ahead of token launch.

7% – Treasury Reserves

7% of the tokens are kept in reserve as a security, for upgrades, emergency planning, and strategic initiatives.These reserves keep Syncoin stable and agile in a developing blockchain universe.The community will determine how the funds are used via the Syncoin DAO, assisting in the decentralized nature of the project.

Founders 3%

The tokens are reserved for the founding Cryptsync team.A reward for the efforts put into establishing the Syncoin ecosystem.These tokens will most probably be granted to the team over time, to ensure their interests are aligned with the success of the project.

Syncoin & Cryptsync Roadmap:

Key Points Q4 2024 – Syncoin ICO Launch The adventure begins with the Syncoin initial coin offering (ICO).The presale allows early adopters to purchase SNC tokens at discounted prices before they trade on an exchange.It assists in building a community and funding.

Q4 2024 – Cryptsync Wallet Development In parallel with the ICO, the Cryptsync team will develop an easy-to-use wallet that has secure multi-chain support.They want to build an ultimate wallet for Web3 users.

Q1 2025 – End of ICO and Token Generation Event (TGE) The ICO ends with the Token Generation Event (TGE), where Syncoin (SNC) tokens are officially created and shared.After this, SNC tokens can be traded on Uniswap, making them available to more people.

Q1 2025 – Cryptsync Wallet Global Launch During February 2025, the Cryptsync Wallet goes live globally on both Android and iOS.This wallet enables the secure management of various blockchain assets and features such as Syncoin staking and simple governance participation. Q2 2025 – DAO Voting Commencement Syncoin will initiate DAO governance, enabling token holders to cast their votes for critical decisions such as updates, partnerships, and funding.This ensures that the community gets to influence the direction the project will take.

Q2 2025 – Forming Strategic Partnerships Syncoin will partner with other decentralized platforms to enhance its application in peer-to-peer transactions and real-world use.These partnerships will enable Syncoin to be viewed as a practical digital currency.

Q3 2025 – AI Security and User Experience Enhancement Cryptsync will introduce AI for enhanced security and efficiency.AI will monitor suspicious activity, assist in minimizing risks, and provide users with personalized suggestions to facilitate transactions at a lower cost.

Q3 2025 – Release of Privacy-Oriented DeFi Features The last significant update will introduce Zero-Knowledge Proof (ZKP) technology to Cryptsync.This will enable users to conduct private transactions without sacrificing blockchain transparency, striking a balance between user privacy and financial utility.

Conclusion

CryptSync is an innovative DeFi platform creating a user-focused blockchain future through Syncoin and its complementary suite of decentralized solutions. Now let's take a deeper dive into Syncoin's key attributes and sale details. With a straightforward sale structure, multiple payment options, and committed roadmap - the Syncoin presale offers eager buyers an appealing opportunity to get involved with this promising DeFi project early.

CryptSync has just launched this presale after announcing an initial coin offering (ICO) for Syncoin (SNC). During this token sale presale period, interested buyers can purchase SNC tokens at a discounted rate before they are officially listed on decentralized exchanges.

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