Syndicate Protocol

Syndicate Protocol

Is a decentralized investing protocol and social network that's transforming how the world creates value.

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Financials

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

More about Syndicate Protocol
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Syndicate.io is a cutting-edge startup focused on revolutionizing the web3 development landscape. The company addresses significant challenges faced by developers who aim to build scalable and efficient web3 products. Specifically, Syndicate.io tackles two major issues: the lack of flexibility and modularity in existing smart contract standards and the complexity, cost, and speed of implementing web3 solutions.

Developers often find themselves constrained by rigid and fragmented solutions in the market, such as ERC 721 and ERC 20 standards, which hinder their ability to experiment, grow, and scale their on-chain experiences. Syndicate.io eliminates the need for costly migrations to new smart contracts whenever modifications are required. Additionally, the startup simplifies the development process by offering comprehensive solutions that manage smart contracts, transactions, wallets, gas, and permissioning through user-friendly REST APIs. This abstraction of complexity allows developers to focus more on building exceptional end-to-end experiences for their customers rather than getting bogged down by intricate web3 infrastructure.

Syndicate.io operates in the burgeoning web3 market, serving a diverse clientele that includes innovative web3 startups and Fortune 100 companies. By providing a robust infrastructure, Syndicate.io empowers these organizations to bring on-chain experiences to the mainstream more efficiently.

The business model of Syndicate.io revolves around offering its infrastructure as a service. The company makes money by charging fees for access to its comprehensive suite of tools and APIs, which streamline the development and maintenance of web3 products. This model not only ensures a steady revenue stream but also aligns with the needs of developers who seek scalable and cost-effective solutions.

In summary, Syndicate.io is at the forefront of web3 innovation, providing flexible, modular, and comprehensive infrastructure solutions that simplify the development process and reduce costs for developers.

Keywords: web3, smart contracts, infrastructure, scalability, modularity, REST APIs, developers, startups, Fortune 100, on-chain experiences.

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Investments by Syndicate Protocol

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Utopia Labs
ACQUISITION by Coinbase Nov 2024