What is Syntropy NOIA?
Syntropy is a decentralized network connectivity service that uses blockchain technology to build a new internet powered by the native NOIA currency. Economic incentive models make the pooling of traffic and processing resources possible in this emerging decentralized internet. In addition, Syntropy seeks to address many of the shortcomings and impracticalities of the current internet. By enabling this seamless flow of data and apps along with new business models and technological breakthroughs, Syntropy is bridging the gap between Web2 and Web3.
What is NOIA Coin utility?
The native utility token of the Syntropy network is the ERC-20 NOIA token. The NOIA currency allows for safe network connections and data transfers, operating similarly to Ethereum gas. Additionally, the NOIA coin provides financial incentives for network membership while representing “the aggregate value of information exchanged across the Web3 ecosystem.” The NOIA token is required for each connection or data transfer made using the Syntropy network.
What is Syntropy DARP technology?
Syntropy uses DARP, a decentralized autonomous routing protocol, to comprehend and examine the network’s paths. DARP nodes continuously exchange latency data, building a global intelligence layer to pinpoint the best paths.
When Syntropy DARP technology notices performance issues, it promptly shifts to a different, more effective approach. The Syntropy Relay Network is completely configurable and operates on top of the open internet.
Is NOIA a good investment?
NOIA’s pricing is currently down 93% from its all-time high, with a market cap of about $30 million as of July 2022. Investing in NOIA could yield a return, but the stock’s price will ultimately depend on how well its technology is adopted, which is not currently happening.
We recommend our readers to conduct their own research before investing in any cryptocurrency, as financial guidance is not our purpose.