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FOR RELEASE AUGUST 13, 2018
Introducing SynQ, the next-gen communication app for the cryptocurrency community
SynQ takes aim at Slack, Discord, and Telegram in the fight to become the crypto community’s #1 communication platform.
LOS ANGELES, August 13, 2018 — CryptoSyndicate, a crypto discussion group turned SaaS startup, today released the alpha mobile version of SynQ, a next-gen communication platform designed specifically for crypto communities.
The first of its kind, SynQ challenges existing platforms such as Slack, Discord, and Telegram.
“With SynQ, we’re addressing the failures of applications currently used by the crypto community,” said CEO Enrique Gutierrez. “They’ve been designed for people other than crypto users, and it shows. They can introduce all the integrations they want. It doesn’t change the fact that these platforms aren’t secure against scammers, don’t allow for easily threaded conversations, and can become incredibly expensive if the community grows too large.”
SynQ takes the messaging platform model and makes key improvements for crypto users and communities. In addition to public, private, and premium channels, SynQ offers community moderators the ability to create read-only channels that auto-populate comments into message threads. The platform also lets moderators deactivate, ban, and mute users for specified periods of time.
Additionally, SynQ is designed to address the ongoing problem of crypto spam and scams. Researchers recently identified nearly 15,000 Twitter bots created to scam users out of cryptocurrency, while a July report by the Kaspersky cyber-security firm claimed that users lost millions of dollars in ETH in 2017 to crypto scams.
“One of the biggest complaints we’ve heard is crypto moderators don’t have the tools to develop their communities securely,” said COO Nick Mancini. “SynQ uses a closed API system that keeps scammers from creating bots and spam scripts that run phishing scams.”
The web version of SynQ also features TraQ, a command-line bot that automatically brings crypto market data into the user’s notifications. TraQ lets users obtain price updates, set price alerts, and create cryptocurrency pairing notifications.
With these features, SynQ has developed the multi-functional chat messaging and enhanced management tools that crypto communities need. Now crypto communities finally have a specific platform for sharing information, learning from other users, and engaging in critical discussion.
CryptoSyndicate has already utilized SynQ’s multi-channel functionality to create a designated community space for its members.
Said Gutierrez, “SynQ started out as a private app that we developed for our own CryptoSyndicate community. But all groups face the same challenges of community development and security. That’s why we’re excited to share SynQ with the greater crypto community.”
CryptoSyndicate is a technology development and communications firm that builds critical applications for the crypto market. Founded by CEO Enrique Gutierrez, CryptoSyndicate began in 2017 as a collective of business analysts, traders, and developers with a passion for blockchain technology. Based on their experiences as a community, they realized that the crypto space needs and deserves specific platforms for discussion, collaboration, and education.
CryptoSyndicate’s mission is to identify gaps in the crypto-space and build architecture to support all the ways that communities grow, interact, and create value.