Official SYNC Network documentation, last updated on April 07, 2022.
What's the SYNC Network Ecosystem?
The SYNC Network DAO was founded in the late summer of 2020 to incentivize and strengthen the liquidity behind decentralized exchanges using NFTs called CryptoBonds. Since then, several products have been developed and successfully launched, all powered by the SYNC token.
In October 2021, the Syncronauts DAO was born to build decentralized solutions for a better web3 experience, helping people suffering from restrictions and bans imposed by centralized players.
Together, the Syncronauts DAO builds and governs NeonRain, the community-owned, decentralized social NFT marketplace open for anyone and anything.
The two DAOs each govern different parts of the SYNC Network ecosystem: