Synereo, a new social platform with ambitions to “decentralize the web,” has launched its second crowdsale, raising almost $2 million USD in the first six hours.
Also read: ‘Yours Network’ to Use Bitcoin in Competition Against Steemit
$2 Million Raised and Counting
The Tel-Aviv-based startup aims to be more than just a decentralized version of Facebook. Synereo said its platform allows anyone to develop, run and build their own decentralized networks. In other words, if the project delivers, it will behave more like a social layer for distributed applications (dApps).
The Synereo team has slowly built momentum after its first crowdsale in 2015, which raised a modest 500 BTC.
Since then, the team has worked with Ethereum developers on scaling. Additionally, it has built a network of community managers called “Amplifiers,” including two in