Synesis One x IM community AMA RECAP

IM COMMUNITY
12 min readFeb 3, 2022

🐋TELEGRAM AMA: Im Community & Synesis One 🐋
⏰ AMA Timing : 30 January 2022 l 12:00 PM UTC l 19:00 GMT +7
Venue For AMA : https://t.me/imcommunityitw

🎁 Reward Pool 100 USDT

➡️ The reward pool for the best 5 questions from Telegram is $50($10 Each) 💸
➡️ The reward pool for the best 5 questions from Twitter is $50 ($10 Each) 💸
Bà Tân | :
Welcome everyone. Today Im Community will host AMA with Synesis One.

Bà Tân | : Today our guest is: @mindaioriginal from Synesis One.

Ahrix : Welcome @mindaioriginal to the IM community.

Bà Tân | : Please introduce yourself a bit @mindaioriginal ���

Paul Lee : Sure,

Paul Lee : my name is Paul Lee. Co founder of Synesis One and Founder of MIND AI.

Paul Lee : Im a serial entrepreneur, medical doctor and a lover of crypto!

Paul Lee : was introduced to the industry in 2013!

Paul Lee : Done

Bà Tân | : Thanks for the introduction.

Paul Lee : Sure!

Bà Tân | : Today’s AMA will have 3 session

Session 1: Project Introduction

Session 2: Question From Twitter (https://twitter.com/IM_Communityitw/status/1487110132815130624) (will choose 5 question)

Session 3: Free Asking (will choose 5 question)

Bà Tân | : Start session 1 AMA.

Bà Tân | : Question1. Could you please give us a simple introduction of Synesis One? What’s the motivation for starting build Synesis One?

Paul Lee : This is an important question. Why…

Synesis One captures the immense value of words through NFT technology. We are the world’s first distributed autonomous organization (DAO) that incorporates play-to-earn data farming. Synesis One trains artificial intelligence (AI) by leveraging non-fungible tokens (NFTs), harnessing the wisdom of the crowd and monetizing the flow of data.

Synesis One is building this concept from the ground up, because — and this is not hyperbole, merely a statement of fact — there is nothing else like it out there. This project has been created out of sheer necessity. When Synesis One founders could find no existing solution to help them optimally train Mind AI, they realised they would have to create and build their own. Despite the many advantages offered by Mind AI, it will never reach its full potential without high quality data and datasets for training.

Synesis One was born to address this significant gap in the market.

Bà Tân | : Question2. What are the outstanding features of the Synesis One project compared to other projects?

Paul Lee : Synesis One is special because there is a REAL problem that we are solving.

Imagine holding a gorgeous NFT with vocabulary and generative art in your wallet. Now imagine that same NFT is earning yield through the Synesis One ecosystem. Anyone can join Synesis One and start to earn rewards by staking our NFTs, playing our games, or by preparing datasets to train AI.

Synesis One is offering a revolutionary way for NFT holders to earn sizable rewards through playing games, all while being part of a larger ecosystem and close-knit community. And we’re not just talking about a simple game environment that becomes boring over time, but rather one that has many layers and roles for every type of player!

This type of system allows players to interact and collaborate with each other while working towards the bigger picture: training AI systems with natural language. English is only one of the more than 7,000 human languages spread throughout the globe, so we’re in it for the long run!

Bà Tân | : Question3. What are the advantages that Synesis One has when developing?

Paul Lee : Synesis One = FUN + High earning potential

This is very important. We want more people to participate and enjoy our games

The entire business model of Synesis One is Play to Earn. We take this approach quite seriously and have infused the opportunity to earn across many facets of our ecosystem, not just in trading tokens, but in several unique and technologically advantageous ways. While many who come to our ecosystem might be excited about this play-to-earn idea and conclude there’s a single game, with a single way to earn, we wanted to nip that confusion in the bud and peel back the veil to further reveal what it really means to have a play to earn ecosystem for Synesis One.

Bà Tân | : Question4. What are the benefits of $SNS token in your ecosystem?

Paul Lee : There are MANY ways of earning rewards and yield!

Data Yield Farming

Perhaps the most famous method to earn income in our collective ecosystem is through Data Yield Farming. This is the process of either staking one of our KanonNFTs or via staking $SNS to access our platform that will enable you to contribute your knowledge, an ontology, in a gamified way. You are rewarded in our reward token, $SNS just by contributing your knowledge to help AI learn. The knowledge you submit can be accessed by other companies that want your knowledge too! What kind of knowledge does AI want? The needs are endless.

NFT Games

We’ve not spent a lot of time discussing the gaming side of our NFT collection. But in addition to the data yield farming games, we will offer the opportunity to play games with our NFTs to earn. We can’t release the details yet, but stay tuned for more exciting news soon to come!

Periodic Claimable Earnings for Kanon NFT holders

You’ve heard us talk about #sleeptoearn and well, we’re serious. Because we have created an ecosystem that integrates a world of consumers seeking AI solutions, they’ll pay for your ontologies. The entire scope of these ontologies have been broken down into words, and every Kanon NFT is a small part in this world of ontologies… A world we call the Synesis Metaverse.

But how do you earn? Collect KanonNFTs. Just by holding our NFT, you’ll earn claimable rewards because our customers, from a variety of industries, will use the very words that you’ll have collected. In return, you’ll be rewarded.

Bà Tân | : Question5. What is the development roadmap of the Synesis One project at present and in the future?

Paul Lee : Our roadmap is very detailed and this is the blue print for our journey forward.

please check out this.

https://medium.com/@synesisone/cosmic-exploration-plan-for-synesians-in-2022-362c1bdffa2f

Bà Tân | : End of session 1

Bà Tân | : Session 2: Question From Twitter (https://twitter.com/IM_Communityitw/status/1487110132815130624) (will choose 5 question)

Bà Tân | : Question1. Southeast Asia is a very active market and there are a lot of projects being developed here so with your project what do you think about Southeast Asia and do you have any plans to develop SEA countries?? @mindaioriginal

Paul Lee : SEA is where we believe is going to be the fastest and biggest growth! We have already decided to make Philippines and Thailand offices to support our operations. We have deep ties with both countries and in addition, Villa Market — one of the biggest supermarket stores in Thailand is MIND AI’s paying client! We will be gathering our Play to Earn gamers in SEA and we are already working with YGG SEA!

Bà Tân | : Question2. The gap between traditional gamers and blockchain gamers is still wide open. How can @synesis_one bridge this to attract more traditional players to try new blockchain-based games? What’s your plan to expand the adoption of your project to the traditional gamers?

Paul Lee : This is an important question!

Our goal is to become The Netflix of GameFI. We have two categories of games scheduled to be released in 2022. The community will be able to play a minimum of five titles in 2022. Now, this is our baseline case. We actually have a few more games under our sleeves but we won’t reveal them to you until and unless we are totally ready. Game production requires a highly capital and labor intensive process with significant execution risk. We are currently working with several top game production studios around the world to fill our content pipeline. We strive to bring our community continuous streams of new games so that members can keep earning.

We are working with the best game studios in Korea and Europe!

Bà Tân | : Question3. The Synesis One platform says that AI solutions are built from prepared data sets that are tied to NFTs that drive performance. What gaps do you currently see in current AI systems and what solutions on your platform are essential to meet these needs?

Paul Lee : AI needs data from humans and the AI industry is on an exponential growth curve. To perform well, AI needs to be trained with quality data, but the Big Tech companies don’t share the data they collect — they hoard, centralize and silo it instead. Without access to good quality data, millions of projects can never benefit from AI. That needs to change.

Some further challenges:

Preparing data for AI is labor intensive and time consuming

Projects often outsource their data needs through an intermediary

Crowdsourced contributors are paid low wages to create data for AI

What is the Solution?

Synesis One and its play-to-earn 2.0 powered by data yield farmers. Players first stake their NFTs, then they read, provide feedback, and receive rewards forever.

Architects create the AI training dataset

Builders provide feedback to the AI

Validators approve builder feedback.

The Synesis One metaverse is created by data farmers themselves but the collector communities are bound by ’meaning’. Meaning can be expressed through visuals, but can be more powerfully expressed in words.

Yield generating NFTs build on a play-to-earn ecosystem. Synesis One turns 10,000 of the most frequently used words into NFTs. The NFT staking dynamics incentivize the community to interact with them and on the backend, the NFTs help to train AI.

Synesis One already has our first customer lined up to pay for access to our unique AI data.

Bà Tân | : Question4.You said that AI solutions are built from datasets fixed to yield-producing NFTs. So how many different datasets are there and what affects the yield value of the datasets? In which areas do projects benefit from these solutions?

Paul Lee : The domain and subject is immeasurable! We will be building the “ compendia of all human knowledge” in multiple languages regardless of culture, language or race.

We want the crowd participation from all over the world to truely decentralize our datasets, securitize it and then be able to monetize it!

Bà Tân | : Question5.According to your litepaper, the Synesis Foundation will fund an Ethics Board and grants, but there’s currently little information about this, could you be more specific about what will be these features and how will your users benefit from them?

Paul Lee : Synesis Foundation will be the core for driving hackathons, events and diverse activities to build and fund our AI data training and making the compendia. We want multiple countries to participate. Every continent possible!

Also, this will fund the Ethic s board for what is right or wrong in utilizing AI tech and datasets.

We are already part of AI for Good organization and we will be increasing our presence in the AI industry as a whole

Bà Tân | : Congratulations to the winners of session 2.

@AlexanderDao3 (https://twitter.com/AlexanderDao3)

@Lidiamga (https://twitter.com/Lidiamga)

@stewie22k1 (https://twitter.com/stewie22k1)

@lucasta_maris (https://twitter.com/lucasta_maris)

@Dumblele1 (https://twitter.com/Dumblele1)

Bà Tân | : Alright, Session 2 has finished perfectly. Appreciate your detailed responses @mindaioriginal ���

Bà Tân | : End of session 2

Bà Tân | : We’ll move on to session 3

Bà Tân | : Session 3: Free Asking (will choose 5 question)

Bà Tân | : Don’t forget to join the group https://t.me/Synesis_One

Bà Tân | : Group will unmute now so everyone can ask questions.

Bà Tân | : Thanks for the questions from the community.

Bà Tân | : Now let’s give our dear guest @mindaioriginal some time to go through them.

Q1. Too many projects promise magic but never release any working product or prove any revenue, Within a short/long time of release. Is your project also like this? If not can u tell us, What makes your project different from other projects?

Paul Lee : We are builders. Team of leaders in AI, NFT and Gaming that will see the project through to the end. We have a clear goal and will execute accordingly. Check out our profile and our advisory. We work with the best to make things happen!

Q2. Do the token holders have the right to participate in the governance of the project? What kind of, decisions can they vote on about the project������

Paul Lee : Synesis One will be a DAO. Holders of the SNS token will be able to vote for the direction and vision for the ecosystem. We want the community to have control!

Q3. Feature is the most vital thing in building project growth, a product will not develop without good feature and promotion, whatever it is good. so, how you provide a list of killer features that scare your competitors over your project?

Paul Lee : Data Yield Farming

Perhaps the most famous method to earn income in our collective ecosystem is through Data Yield Farming. This is the process of either staking one of our KanonNFTs or via staking $SNS to access our platform that will enable you to contribute your knowledge, an ontology, in a gamified way. You are rewarded in our reward token, $SNS just by contributing your knowledge to help AI learn. The knowledge you submit can be accessed by other companies that want your knowledge too! What kind of knowledge does AI want? The needs are endless.

NFT Games

We’ve not spent a lot of time discussing the gaming side of our NFT collection. But in addition to the data yield farming games, we will offer the opportunity to play games with our NFTs to earn. We can’t release the details yet, but stay tuned for more exciting news soon to come!

Periodic Claimable Earnings for Kanon NFT holders

You’ve heard us talk about #sleeptoearn and well, we’re serious. Because we have created an ecosystem that integrates a world of consumers seeking AI solutions, they’ll pay for your ontologies. The entire scope of these ontologies have been broken down into words, and every Kanon NFT is a small part in this world of ontologies… A world we call the Synesis Metaverse.

But how do you earn? Collect KanonNFTs. Just by holding our NFT, you’ll earn claimable rewards because our customers, from a variety of industries, will use the very words that you’ll have collected. In return, you’ll be rewarded.

Q4. ⭕️PARTNERSHIP & COLLABORATIONS are the backbone in making every project more widespread. Can you list some of ur partners with us?

Paul Lee : We have great partners that endorse and work with us! including YGG, YGG SEA, Ethernity, Founder of OCEAN protocol and more. Please check out synesis.one

Q5. Why did you build SynesisOne, What was your motivation to start this project and did you encounter any difficulties? What is different about SynesisOne project to attract investors’ attention?

Paul Lee : Synesis One captures the immense value of words through NFT technology. We are the world’s first distributed autonomous organization (DAO) that incorporates play-to-earn data farming. Synesis One trains artificial intelligence (AI) by leveraging non-fungible tokens (NFTs), harnessing the wisdom of the crowd and monetizing the flow of data.

Synesis One is building this concept from the ground up, because — and this is not hyperbole, merely a statement of fact — there is nothing else like it out there. This project has been created out of sheer necessity. When synesis one founders could find no existing solution to help them optimally train Mind AI, they realised they would have to create and build their own. Despite the many advantages offered by Mind AI, it will never reach its full potential without high quality data and datasets for training.

Synesis One was born to address this significant gap in the market.

Q6. According to the Project’s roadmap- what are Your most Important next Priorities??

Paul Lee : https://quantumnoesis.io/ This is our GAME. Check it out! It will change the landscape!!!!!!!

Q7. Is your project a community only for English speaking

an countries or for users not of other languages?

Paul Lee : We have multi language communities on our discord! we have a great community. We want to make sure we include everyone around the world!

https://twitter.com/synesis_one

https://discord.com/invite/synesisone

Bà Tân | : Thanks for the useful information from @mindaioriginal

Bà Tân | : End of session 3

Bà Tân | : For questions that have not been answered today, you can send them to @Synesis_One for answers.

Bà Tân | : IM Community, if you would like to know more about Synesis One ! here are some useful links for you:

Official Website: https://www.synesis.one

Twitter: https://twitter.com/synesis_one

Telegram: https://t.me/Synesis_One

Gitbook: https://synesis-one.gitbook.io/synesisone/

Medium: https://medium.com/@synesisone

Discord: https://discord.com/invite/fEut7WBnY9

Bà Tân | : Allright, I declare the Im Community AMA with Synesis One has ended.

Thanks to @mindaioriginal | Synesis One joined us and provided us with Synesis One information, we hope that this knowledge makes us understand more about https://www.synesis.one (https://www.synesis.one/)

To the members, thank you for following this event to the end. winners will be announced soon.

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IM COMMUNITY

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