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What Is Syntropy (NOIA)?
Syntropy aims to address various issues in the current Internet framework, such as security, privacy, governance, performance, reliability, and inefficient resource utilization. The NOIA token was launched on January 5, 2020, while Syntropynet was established in 2017.
As technology continues to decentralize rapidly, the public Internet still plays a crucial role in connecting and facilitating communication. However, the Internet today is highly centralized, hindering the true democratization of technology. Syntropy decentralizes the core of the Internet while maintaining compatibility with existing protocols. This results in a safer and faster Internet experience, enabling true decentralization.
The NOIA token serves as the "gas" that enables connections and data transfers across the Syntropy network. As a Layer 1 technology, NOIA represents the overall value of information exchanged within the Web3 ecosystem. It establishes the initial financial incentives for the network's creation and operation by the user community.
All connections and data transmitted through any device are quantified in tokens. Therefore, the token represents the value derived from an Internet relay and its intrinsic value within the economy.
Who Are the Founders of Syntropy?
Syntropy was founded by William B. Norton, Jonas Simanavicius, Domas Povilauskas, and Domantas Jaskunas.
William B. Norton, the co-founder and Chief Technical Liaison, is responsible for launching outreach activities to secure prospective partners, customers, and suppliers for the NOIA software segment solution known as the programmable Internet. He is also the founder of DrPeering and has held various positions in the industry, including chief scientist at Console Connect Inc., chief strategy officer at IIX, Internet Peering Expert at ETICS Advisory Panel – European Commission, co-founder and chief technical liaison at Equinix, and manager of the Internet Engineering group at Merit Networks, University of Michigan.
Jonas Simanavicius, the co-founder and CTO at Syntropy, also serves as the CTO of Clouder. He has previous experience as an associate applications developer at JPMorgan Chase & Co, a mobile application developer and consultant at Techsnapp Ltd, and a mobile application developer & consultant at Approar Ltd.
Domas Povilauskas, the co-founder and CEO at Syntropy, is also the co-founder and CEO at Tellq. His previous experience includes being self-employed as a trader, a financial analyst at Value Square, and a Financial Analyst at Orion Securities UAB FMI.
Domantas Jaskunas, a co-founder and COO of Syntropy, is also a co-founder of Tellq. He has previous experience as an analyst at SilverSea Asset Management and a financial assistant at Gaotime.
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