- Synapse Partners with Constellation to Expand Fundraising.
- With this, smaller investors can access early-stage projects.
- The first partnership project called Geojam launched in December.
Synapse Network recently partnered with Constellation network to expand fundraising efforts to smart contract projects. Through the Lattice Exchange, a decentralized finance platform, they aim to allow users to discover crypto startup tokens before massive adoption on CeFi exchanges.
According to the team, this revolutionary investment ecosystem shifts from the traditional framework where early-stage projects are only accessed by large investors. With this, anyone with crypto can be involved regardless of the amounts they hold.
Constellation COO and CoFounder Mathias Goldmann said that they are building an ecosystem of interconnected blockchain products. He added that
Following similar interests, Synapse has garnered incredible traction and community around their multi-chain platform and services that lower the threshold for entry into the industry.
On the other hand, the Synapse Founder and Co-CEO Paweł Łaskarzewski expressed his excitement for the future. He said that working with Constellation is a new milestone for their network. He also mentioned that “I’m sure that we’re going to create amazing things together.”
The first partnership between both companies is called Geojam. It’s a social music community app that aims to connect fans, artists, influencers, and brands. The project launched on Synapse this December 2021, and it’s building on Constellation’s Hypergraph.
According to the Geojam COO and Co-Founder Sam Krichevsky, “Geojam is building the future of the creator economy by merging social networking with concepts of decentralized finance.”
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