‘Facebook-Killer’ Synereo Raises $2M in First Six Hours of Crowdsale
Synereo, a new social platform with ambitions to “decentralize the web,” has launched its second crowdsale, raising almost $2 million USD in the first six hours.
The Tel-Aviv-based startup aims to be more than just a decentralized version of Facebook. Synereo said its platform allows anyone to develop, run and build their own decentralized networks. In other words, if the project delivers, it will behave more like a social layer for distributed applications (dApps).
The Synereo team has slowly built momentum after its first crowdsale in 2015, which raised a modest 500 BTC.