Synnax Technologies is an innovative platform that merges decentralized artificial intelligence (AI) with credit intelligence to transform how financial performance is assessed. Based in Bangalore, India, Synnax leverages a global network of data scientists to provide real-time, unbiased, and predictive financial insights for both public and private companies.CryptoGurlz+6Synnax – AI Credit Intelligence+6Metaverse Post+6TakeOff Talent+2The Cryptonomist+2Synnax – AI Credit Intelligence+2
🔍 What is Synnax?
Synnax’s core offering is its decentralized AI-powered credit intelligence protocol, which aggregates machine learning (ML) model predictions to deliver robust, forward-looking credit intelligence. This system goes beyond traditional credit ratings by providing real-time consensus predictions of a company’s financial performance, including financial ratio forecasts and probability of default scores. The platform emphasizes privacy, offering advanced, privacy-preserving data exchange protocols that allow private companies to demonstrate creditworthiness while protecting sensitive information. Synnax – AI Credit Intelligence+1TakeOff Talent+1
🎮 Introducing SynQuest: A Gamified Approach to Credit Intelligence
In September 2024, Synnax launched SynQuest, a Telegram-based mini-app that gamifies the process of contributing to its credit intelligence ecosystem. Users participate by answering trivia and opinion-based questions, earning points that can later be converted into Synnax’s utility token, $SYNAI, through an airdrop. This initiative not only engages users but also collects valuable sentiment data, which is used to refine Synnax’s machine learning models and enhance its decentralized ecosystem. TakeOff Talent+7Metaverse Post+7blockchainreporter+7CryptoGurlz+3blockchainreporter+3KryptoNews+3TakeOff Talent+6KryptoNews+6blockchainreporter+6
💰 Strategic Investments and Ecosystem Growth
To support the development of its Credit Intelligence protocol and the SynQuest app, Synnax secured $550,000 in strategic investments from Wintermute Ventures and TON Ventures in October 2024. These funds have been instrumental in expanding the platform’s capabilities, including the enhancement of SynQuest, which attracted over 250,000 users within two weeks of its launch. The Cryptonomist+1Synnax – AI Credit Intelligence+1
🔗 Join the Synnax Ecosystem
Synnax offers various ways for individuals to engage with its platform:The Cryptonomist+5KryptoNews+5blockchainreporter+5
- Synnax Lab: A decentralized network of data scientists collaborating to improve credit intelligence models.
- SynQuest: A gamified experience where users can earn rewards by contributing to the platform’s data collection efforts.
- SYNAI Token: The utility token that powers the Synnax ecosystem, offering staking opportunities and participation in governance.
NOTE: Obtain further insights by visiting the company’s official website, where you can access the latest and most up-to-date information:https://icodrops.com/synnax-technologies/ Disclaimer: This is not financial advice, and we are not financial advisors. Please consult a certified professional for any financial decisions.