Synternet
Transforming the public internet into a secure and user-centric internet through a unifying layer where encryption and optimized performance are built-in and automatically enabled for anything and everything connected to it.
| USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 33 % | - | 81 % | 44 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Synternet operates in the decentralized blockchain data protocol market, providing a platform that allows developers to access and interact with real-time and historical on-chain data. The company's core service is its decentralized Data Layer, which facilitates the creation of cross-chain decentralized applications (dApps) by utilizing composable data streams. Synternet serves developers, data publishers, and data consumers within the Web3 ecosystem. The business model revolves around the use of NOIA and SYNT tokens, which are integral to the platform's operations. Developers can stake NOIA tokens to earn rewards, while SYNT tokens are used to acquire data and earn amber by becoming a publisher. Synternet makes money through transaction fees, token staking, and data subscriptions. The platform also collaborates with other blockchain networks like Ethereum, Solana, and Osmosis to deliver real-time data, enhancing privacy and secure, anonymous internet access.
Keywords: decentralized, blockchain, data protocol, Web3, cross-chain, dApps, NOIA tokens, SYNT tokens, real-time data, composable streams.