Creating a startup is always a challenge, even more so in the DeFi space. In addition to the obstacles every startup has to face, DeFi projects also have to deal with tight chain space and interoperability issues. With the current bear market, many startups find themselves scrambling for solutions to help them get an easier start on their project.
Synapse Network, a cross-blockchain technology specialist, leverages its specialized business services, including cross-chain solutions and anti-bot filters, to help jump-start new DeFi projects.
Through these integrative business solutions, Synapse creates an easy gateway into DeFi for companies looking to launch new products and services in the blockchain space.
Through the Synapse Technology Labs, the company offers a wide array of services ranging from token creation through launchpad to a staking feature, and even offers security solutions with its’ advanced anti-bot feature.
With partners like Chainlink and Block Ventures, Synapse Network also offers a VC fund, which has invested a total of $10 million for 200 of the most promising DeFi projects.
While other solutions in the field offer only multi-chain options, Synapse Network operates as a cross-chain tech hub that helps serve investors, entrepreneurs and businesses alike.
The Synapse Network is a new-era financial institution created by combining the best aspects of mainstream finance with the best features that blockchain technology brings to the table. It has built business solutions that give a clear solution to all of the pain points of starting a DeFi project. Synapse cross-chain integrations have created a vast network of easily interoperable projects, and with everything on the same platform, the barrier of entry for new users has been lowered to just pressing a couple of buttons.
Michal Domarecki, Co-Founder of Synapse Network, said:
“With Synapse Network, we combine the best of mainstream finance with the best blockchain space has to offer. With our complete solution, companies or individuals only need an idea to join the DeFi revolution, because Synapse will do the rest. By jump-starting new projects, we enable non-blockchain companies to join the decentralized movement and thus truly change the financial playing field.”
With more than $48 billion locked into DeFi protocols, the decentralized finance market is powering on, driving up the activity in the crypto space. But starting a DeFi project requires intricate knowledge of the underlying tech stack as well as the market itself, creating tough entry barriers for DeFi novices. For example, a SaaS company looking to add a DeFi feature to its solution may struggle with developing a custom protocol, which holds back traditional, non-DeFi companies from innovating.
Synapse Network enables easy access to the DeFi space by providing businesses with end-to-end customizable solutions for their projects through Synapse Technology Labs. They offer a variety of services including token creation, where Synapse Network quickly builds an entire token for their users from nothing but an idea. They also create smart contracts for token staking and other DeFi use cases as well as anti-bot filters preventing interference from malicious automated scripts. In addition to technological solutions, Synapse Network also has a VC fund, which has invested a total of $10 million for 200 of the most promising DeFi projects.
The Synapse Network cross-chain launchpad integrates with 16 chains and incorporates a fiat payment gateway. As the biggest cross-chain launchpad on the market, it is the first one to offer fiat payment options. Synapse is currently working on a social media service rewarding users for engagement.