Author: Alex Galaxy
30/09/2017
Contents (Introduction, News, Project Proposal, Deadlines, Fundraise, Thank you)
INTRODUCTION: Bluepaper, Governance Platform
Unlike a Whitepaper that it’s considered to be a form of content marketing or
inbound marketing, a Bluepaper will be the core of our project proposal. Syndicate
currently switched in being a community coin, so we created the Bluepaper to present you
the projects that will be subjected to vote and fundraise, and to keep you up to date with
our progress as a community. This is not the only Bluepaper, they will constantly be made
as milestones are reached and new projects appear.
While searching for a functional and interactive way to fund and choose our next
projects we came up with the Governance Platform. Projects will be voted with SYNX on
our GP, and every project will have its specific address. Voting will end after 30 days and
project developing starts immediately after fund raising ends.
Governance Platform
There are some things you need to know before voting on our GP (Governance
Platform)
- The most important thing that you should know is that received SYNX from
voters will not be staked to influence the network, in fact staking rewards
will significantly increase by dramatically lowering the network weight.
- Voting ends when the first project receives the minimum votes
- SYNX can be sent from anywhere (wallet or exchange)
- There is no minimum or maximum amount to send
- Always save a proof of your vote (TX-id) for future benefits and clarifications
- Project developing will start as soon as it reaches the minimum amount
required.
- Deadline countdown begins at the end of the voting period.
- If a project will not raise enough votes to pass the requirement amount, 50%
of the coins will be burned to support SYNX deflation and 50% percent will be
reserved for community and team. (New hires, Marketing, Salaries,
Equipment, Graphic Design and Future Community bounties: Twitter,
Bitcointalk, Bug Fixes)
- The winning project will receive a detailed Whitepaper, max 2 weeks after
voting ends
News
New SYNDICATE Website
On 27.09 we’ve launched our new website and introduced you to our new look,
working on our new image from the desire of providing a clear message of who we are,
and what we stand for. The website also boasts a clean design and simple site-wide
navigation system with improved menu functionality that directs you to the information
most relevant to you (Masternode tutorials, Wallets, Blockexplorer and so on). It is also
fully responsive with mobile devices, making it easy to navigate on a wide range of web
browsers and portable devices.
Since we believe that constant updates are a form of communication, a new
Medium Blog will be created to keep you up to date with the latest news.
New Team Addition:
Andrew Racott, is our new addition to the developer’s team. Andrew has proven
himself a great asset to the Syndicate team in already, developing a new Syndicate Wallet
in such short time. With his vast experience in phyton, c, c++, java, c# and javascript and a
passionate drive for decentralization we are sure this young guy has a bright future ahead
with us here at Syndicate, and not only.
Syndicate Wallet:
We like to say that wallets are like the coin’s “business card”, and knowing how
many errors the previous wallets from the old team had, we made our priority to develop
new ones as soon as possible. Took us 2 weeks to come up with the new Syndicate Wallet
that’s working great and with no issues so far.
______________________________________________________________________________________________
Now that we’ve had our introduction let us show you our project proposal that
consists of 3 interesting ideas we consider would be a great addition to Syndicate coin and
community.
Syndicate projects:
1. Stakebox
2. Radix (D.E.X)
3. WorkX (P2P Micro-Job Marketplace)
[Link]
Stakebox it's a low energy and low maintenance ready to go staking unit based on
Raspberry Pi3 allowing you to stake 24/7 without keeping your computer or laptop open.
No complicated installations necessary and it will start staking after you plug it on a power
source.
Stakebox will be the size of a Smartphone so space will be no issue. We know how
important staking is for our community and to be able to mine SYNX with only 5 volts of
electricity without keeping your computer opened 24/7 will be great.
After the voting is completed we will immediately start ordering and building them.
Have in consideration that Stakebox will be ordered, created and delivered in batches due
to high amount of units.
To start the Stakebox Project we need to raise a minimum of 980.000 SYNX
When 980.000 SYNX will be raised we will order and configure 500 Stakeboxes.
The Stakebox is free of charge, the receiver will have to support only the shipping
cost. After the Stakebox will be ready to ship we will make a page where you can request
yours. First come first served with 1 condition: Proof that you've voted this project with at
least 500 SYNX.
If this project will raise more than 980.000 SYNX more Stakeboxes will be ordered
and delivered.
Funds use: The funds will be used to order 500 Raspberry PI3 / 500 Raspberry PI
cases with logo design / Compile and verify the Raspberry.
Time target: 4-6 Months untill first Stakebox batch should be delivered.
2. RADIX (Decentralized exchange client)
RADIX is a decentralized cryptocurrency exchange/client that does not rely on a
third-party service to hold the customer's funds. Instead, trading will be made P2P
(between users) through an automated process.
With Radix you will be able to trade with near 0 transaction fees and without
worrying with the safety of your funds or relying on a third-party entity. With RADIX you
are not required to trust the security or honesty of the exchange since the funds are held
by you in your personal wallet.
RADIX will never require for you to disclosure any personal details to anyone.
RADIX GUI Example:
- Trading dozens of cryptocurrencies from your wallet
- Login from any device / Future Mobile Version
- Trading tools and charts
- Swift exchange between users
Minimum: 1,1 MM SYNX required to start the project.
Funds use: New developers / Design / Equipment / Alpha & Beta testing / Bug-fix
user Bounties / Community Hires.
Time Target: Approximately 6-8 months / beta
3. WorkX (Fully P2P Job Marketplace)
Workx is the online P2P decentralized platform for micro-job workers. WorkX will
be marketplace where you can offer your knowledge and skills or hire someone to a
specific gig for Cryptocurrency remuneration. Coder, graphic designer or writer you can
offer your skills anonymously and be hired from other anonymous entities that are
looking for someone skilled.
- No personal details only SYNX in your address (address = identity)
- Reputation system
- Built-in submission form with customizable listing packages
- Built-in wallet to send receive payment
- Multi currencies supported
- Free or paid job listings
- Search sensitive option
- Featured listings
Minimum 900.000 SYNX to start the project.
Funds use: Hire developers / Graphic design / Platform creation / Alpha / Beta /
Bug fixes / Release and Marketing
Time target: 6-8 months open beta.
This was our first Bluepaper of hopefully many to come. Together we will
make Syndicate a success through hard work, teamwork and of course, community
support.
Thank you and best regards, the new Syndicate team:
Christian Grey (developer), Andrew Racott (developer),
Alex Bako (graphic designer),
Randy Jean (advisor), Arley Specter (advisor),
Alex Galaxy (community manager).
SYNDICATE LTD, 2017