SynchroLife

SynchroLife

Created using Figma
Created using Figma
Decentralized Restaurant Recommendation Platform
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • LATOKEN
    SYC/ETH 2 days ago
    $ 0.0031
    -
    -
    -
Sep 22, 2017
Oct 20, 2017
100% completed
$180 733
100% goal completed
past
Token Details
Ticker
SYC
Company Details
Registered Country
China
Additional Details
Categories
Platform, Tourism

About SynchroLife

By bringing blockchain technology and a token-based economy into SynchroLife, we will be able to guarantee users more accurate, trustworthy, and transparent restaurant information than most previous restaurant discovery services have been able to offer, and on a global scale. The token-based economy will allow users to be rewarded for their meaningful contributions in the platform, giving value to every user's time and original content, and further encouraging users to continue using the platform and contribute to it's growth.

The SynchroCoin token will be used within SynchroLife as a reward to users who provide accurate restaurant business information, high quality reviews, and good photos and content of restaurants from all around the world. Users can then use SynchroCoin tokens to buy restaurant coupons and gift cards, tip other users, and buy premium features within the app. The SynchroCoin token will also be used by restaurants which want to participate in marketing or advertising on the SynchroLife platform as affiliate restaurants, and we plan to eventually allow the SynchroCoin token to be used for payment at affiliate restaurants as well.

 

Features

Users are rewarded tokens for high quality restaurant reviews, food and restaurant photos, corrections and edits to restaurant information, as well as the translation of restaurant information. Users will also receive a percentage of the advertising fee restaurants they've contributed to. SynchroLife's token economy incentives users to help to maintain and grow the decentralized restaurant information database by adding new restaurants, marking closes restaurants, and updating any changed information. Search results, rating timelines, and daily recommendations are all personalized. SynchroCoin tokens will be distributed to users based on smart contracts.

Technical Info

Technical details:  SynchroLife’s original token, the SynchroCoin (SYC), will be made on the Ethereum blockchain and used to reward users who post high quality restaurant reviews and photos, add new restaurants, update business information, edit information, add information, or translate the restaurant information, and more. Users who contribute to the improvement and growth of the platform will be rewarded for their time and content. The SynchroCoin (SYC) token will also be combined with Ethereum smart contracts to allow users to get a small percentage of advertising and marketing fees which restaurants they have provided content or information for pay

SynchroLife Roadmap

  • September – October 2017

  • SynchroCoin Crowdsale
  • April – June 2018

  • Release of the decentralized restaurant recommendation platform. Including:
    - SynchroCoin token usability within the app
    - Synchro Wallet within the app (available to hold Bitcoin, Ethereum, and SynchroCoin)
    - The start of a monthly subscription based premium membership service
  • June 2018

  • Begin full-fledged marketing for SynchroLife
  • September – November 2018

  • “Participating Restaurant” services released. A new mobile app and website just for restaurant managers, including:
    - Ability to create and publish digital coupons and gift cards
    - Ability to mark when users come to their restaurant
    - Ability to buy SynchroCoin tokens
    - Ability to offer bonus SynchroCoin tokens as rewards
  • Read More
  • February – April 2019

  • Release full customer relation management (CRM) tool suite for participating restaurants.
  • April – June 2019

  • Release cryptocurrency and token payment service for participating restaurants, including:
    - Ability to exchange cryptocurrenies
    - Ability for restauran ts to process payments in the participating restaurant app
  • June – July 2019

  • Release of the “Synchro” debit card (allowing users to make purchases with Bitcoin, Ethereum, or SynchroCoin).

Activity

Activity:
489
VERY HIGH
Posts:
343
MEDIUM
Views:
13 893
VERY HIGH
Activity:
489
VERY HIGH
Merit:
100
MEDIUM
Posts:
343
MEDIUM
Views:
13 893
VERY HIGH
Users:
120
MEDIUM
Posts:
335
HIGH
Followers:
460
VERY LOW
Likes:
408
VERY LOW
Followers:
1 983
LOW
Tweets:
431
HIGH
30 Days Growth:
-19
Year commits:
3
Watchers:
1
Stars:
0
Forks:
2
Open issues:
0

SynchroLife Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Tomochika Kamiya
CEO
unverified
Hiroshi Mita
Development director
unverified
Satoru H.
Blockchain Engineer
unverified
Shun Sato
Creative director
unverified
Laura Symborski
Chief director
unverified
Eunjin Kim
Director
unverified

SynchroLife Last News

$ 0.0042
Coin Stats
Daily, %:
Weekly, %:
Monthly, %:
-17.43%
Market Info
Market Cap:
$ 228.506 K
Volume 24h:
Circ. Supply:
54.899 M SYC
Ticker:
SYC

SynchroLife Reviews

icoscoring.com
ICO review website

The market is highly competitive: more than 30 companies offer the basic function of Sinchrolife. At the same time, most competitors do not limit themselves in the comments on restaurants and several methods of monetization, which makes Sinchrolife. There are bright leaders in the market: tripadvisor (in Russia), Foursquare, yelp received more than $ 10M of investment The market estimates in wp are only indirectly relevant to the project.

The distinctive utility of the company's main value proposition for a visitor to a restaurant is questioned The usefulness of this platform for comparison with competitors is also highly questioned, due to the limitations of the audience The project budget does not go into any comparison with the budget of the market leaders (GrubHub and Just Eat the marketing budget is about 70 million euros in 2015) Large restrictions are laid in the business model Development dynamics can not be tracked using the environment or git hub) The claimed traction is not confirmed The site is not finalized The road map is as abstract as possible. The company does not provide information on how the payment of the company's expenses will be carried out at the expense of the collected funds and how the process of converting crypto currency into fiat money will be controlled, if necessary There are no mechanisms for monitoring the misuse of funds and guarantees for the investor. The mechanism for ensuring profitability for the holders of the tokens is not described Descriptions of most monetization methods are extremely abstract The Company does not provide any financial forecasts None of the monetization methods has a confirmation.

Lack of experience of CEO and unconfirmed experience of other team members.

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