The king of the AI+DeFi narrative on the Solana chain: Synesis One is just riding the hype, lacking technology?

In the past month, the price of Synesis One, a major player in the Solana DeFi space, has risen from an initial 0.01 USDT to the current 0.18 USDT, peaking at 0.23 USDT. On March 6, the project's price surged by 46.1% in a single day. To further consolidate its influence, Synesis One announced the launch of the SNS-SOL liquidity pool on Camino Finance through a popular platform on March 8. As a strategic move to incentivize liquidity providers, over 150,000 SNS tokens have been allocated as rewards in this pool. Participants can now provide liquidity, earn SNS tokens, and accumulate Camino points.
Below is an introduction to the recently popular SNS project.

Synesis One Exclusive Solution: Redefining Data Training and Tokenization through a Decentralized Community

In the field of artificial intelligence (AI), the demand for high-precision training datasets is continuously growing, but there is a lack of effective solutions in the market. Although the global AI dataset market is expected to grow significantly, the unknowns of technical expertise and the complexity of AI models, along with the opaque process of data monetization, limit participation from the general public.
To address these challenges, Synesis One has proposed an innovative solution that redefines data training and monetization through the establishment of a decentralized community. This community consists of contributors, traders, and consumers who collaboratively or competitively build Web3 data tools and monetize them using non-fungible tokens (NFTs) in the form of ontological primitives, referred to as Kanons, making it easier for the public to understand and collect.

Furthermore, Synesis One has introduced a train2earn model that incentivizes users to train AI by participating in crowdsourced data tasks, rather than relying solely on traditional data provision methods. In many fields, human intuition and understanding still surpass that of computers, which is why many individuals spend time completing data classification, tagging, sorting, and annotation tasks on platforms like Amazon Mechanical Turk, Clickworker.com, and Scale.ai. Through this model, Synesis One provides users with a new way to contribute AI training data while earning corresponding training rewards, thereby encouraging more people to participate in AI data contribution.

Synesis One is not only a data utility tool and NFT marketplace but also the core of SynesisDAO and Kanon Exchange, driven by the governance token Synesis and the semi-fungible data token Kanon. SynesisDAO, as a decentralized autonomous organization, aims to aggregate natural language ontologies into a public data utility tool accessible to any AI system. Kanon Exchange, as the initial NFT data marketplace, further inspires ontology miners to provide high-quality data, as ontology mining becomes a key prerequisite for earning rewards.

Introduction to Synesis One's Revenue Model Sources and Various Reward Mechanisms: Stake NFTs to Earn Rewards

Through this series of measures, Synesis One not only addresses the supply issue of AI data training but also provides a new source of income for a wide range of users through the train2earn model, redefining the ecosystem of AI data training and monetization, and promoting the formation of a more equitable, open, and cost-effective data economy. Synesis One offers Kanon NFT holders two ways to earn rewards, both actively and passively.
First, users can earn actively by staking their Kanon NFTs in the Train2Earn application and participating in activities that include completing microtasks to build AI training datasets. Since its launch on the Solana mainnet last August, this feature has been available for users.

Secondly, users can claim rewards based on the unique words in their held NFTs according to the Synessis Relevance Index (SRI). The unique words on each Kanon are accessed by the Mind AI engine, and each NFT grants the holder the right to claim SNS rewards based on the SRI score.
Passive rewards come from platform fees charged to AI clients, with a certain percentage of these fees allocated to the passive reward pool for SRI. This mechanism ensures that a portion of the platform's revenue is directly returned to NFT holders, creating a sustainable reward cycle.
The first version of the SRI feature, SRI v1, has now been launched. It utilizes Google's Ngram Viewer to determine the frequency of word usage, providing Kanon NFT holders with a fair ranking reference. Additionally, we provide a dedicated Google Sheets link for users to check their NFT ranking status.

To receive rewards, Kanon holders must stake their NFTs in the designated application or system. The reward amount is based not only on the SRI ranking of the words but also on the staking duration. At the beginning of each month, eligible holders can claim their contributions on the Kanon exchange. Importantly, this process requires active participation from holders; rewards not claimed by the end of the month will be transferred to the next month's reward pool.

With countless projects in the Web3+AI world, how Synesis One ensures its core competitiveness is the key to project success

Synesis One provides a new path for AI data training and monetization through its innovative decentralized ecosystem, train2earn model, and NFT marketplace. The platform not only democratizes AI training opportunities but also offers substantial incentives to participants through the introduction of the Kanon NFT bidding mechanism and the SNS-SOL liquidity treasury, further enhancing the vitality and engagement of the ecosystem.
The strategic partnership with UpRockCom expands Synesis One's data sources and opens new channels for global users to participate in AI development and earn rewards through mobile devices. This collaboration not only enhances the platform's data generation capabilities but also creates new income opportunities for users, increasing market diversity and attractiveness.

Looking ahead, Synesis One is committed to becoming a key player in the AI data economy, with its diverse functions and partnerships signaling the formation of a sustainable and inclusive ecosystem. With the launch of more innovative features and the addition of more partners, Synesis One is expected to accelerate the popularization of AI technology, promote the prosperous development of the global data economy, and bring more opportunities and challenges to the AI field.