How does Syntropy plan to earn revenue? Syntropy is a networking

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How does Syntropy plan to earn revenue? Syntropy is a networking

software company - what this means is that we are creating networking products like Syntropy Stack and DARP that create value when used by organizations that need superior networking. These days, that simply means most enterprises (think Fortune 500 / FTSE 100). These companies are looking for advantages in how they build and deploy applications both internally (think of things like inventory systems, or customer management tools) and external customer facing (think of things like the website you use for online banking, or a game server). They might want faster, secure, or flexible connections to an end point -- all of these things are valuable to them, and Syntropy Stack makes it possible.

Syntropy Stack and Controller is licensable - enterprise customers pay Syntropy to use this software and Syntropy helps them manage their network complexity. We also prioritize features for these customers, design integrations for their internal use, and customize our platform or help them customize our platform. Like most enterprise focused companies, we also have support services that our customers may want for a higher level of support.

We also earn revenue from customers using the Syntropy Relay Network/DARP. Some of these customers might not want to own NOIA for a variety of reasons. In these cases, we can provide a fiat to crypto connection where customers pay us for access to the network, and then we acquire the NOIA needed to power the network on their behalf. We then manage the complexity of crypto, and handle paying the NOIA to the relay network.

#cryptocurrency #english #syntropy

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18.02.2022

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Džiugas ✤ Автор вопроса

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Great confirmation that fiat is used to buy back t...

Potentially - yes. I can't comment on concrete specifics but do understand that we also have a company to run and salaries to pay. We need to cover our expenses as well.

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18.02.2022

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Džiugas ✤
Potentially - yes. I can't comment on concrete spe...

Of course expenses need to be covered. But then any profit should be used to buy back the token. If the token value increases, the value of the company’s token holding on its balance sheet (as an asset) increases which supports traditional equity valuations.

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18.02.2022

Džiugas ✤ Автор вопроса

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Of course expenses need to be covered. But then an...

That's right.

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18.02.2022

Horizons

Horizons
Of course expenses need to be covered. But then an...

This is a balance sheet matter for the company though. Obviously cash is required for expenses and ongoing investment to grow the network

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18.02.2022