SynchroCoin (SYC)

SynchroCoin (SYC) is a cryptocurrency that accumulates digital assets through food review postings and dining expenses on the gourmet social networking app SynchroLife. Its vision and mission focus on visualizing people’s contributions through their daily consumption, allowing them to build a more prosperous lifestyle. SynchroLife combines a global standard gourmet social networking service (Web2) with the “Eat to Earn” concept (Web3), wherein digital assets are distributed to food enthusiasts for their review contributions and support to restaurants.

SynchroLife has achieved self-growth as a platform through its “Eat To Earn” model while also providing a coexistence platform where restaurants can achieve customer loyalty through CRM services. The app’s distinctive features include a Web3 concept called “Eat To Earn,” where users accumulate cryptocurrency through their everyday dining experiences, combined with a gourmet social networking app. With the successful beta launch of the “Eat To Earn” model in October 2018, the SynchroLife community has been instrumental in the platform’s growth.

Regarding its token economy, SynchroLife distributes value to users who contribute to the platform’s growth through SYN (SynchroCoin). SYN is an Ethereum-based native token. The distribution of SYN rewards for the “Eat To Earn” model is halved every two years. SynchroCoin, also known as SYC, was launched as an ERC-20 token in 2017 and serves as the native token of SynchroLife. It has token addresses on both Ethereum (0xE49214e4c92dc9bcb3B56C1309aFE0D626dD730E) and Polygon (0x6b24e2771d6a18ba38c32f9b616eb1cd7948745f).