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Syndicate

Syndicate

Provides infrastructure solutions for web3 development

About

Syndicate.io provides infrastructure solutions for web3 development, focusing on simplifying the creation of scalable and efficient web3 products. Their services address the limitations of existing smart contract standards, such as ERC 721 and ERC 20, which often restrict developers' flexibility and ability to innovate. By offering user-friendly REST APIs, Syndicate.io allows developers to manage smart contracts, transactions, wallets, and permissions without the complexity typically associated with web3 solutions. This enables developers to concentrate on building better user experiences rather than dealing with intricate technical details. Unlike competitors, Syndicate.io's model eliminates the need for costly migrations to new smart contracts, making it easier for developers to adapt and grow their projects. The goal of Syndicate.io is to empower both startups and large companies to efficiently bring on-chain experiences to a wider audience.

Company Stage

Series B

Employees

11-50

Industries

Fintech, Crypto & Web3

Total Funding

$27.8M

Headquarters

N/A

Founded

2021


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Simplify's Take

What believers are saying

  • Syndicate.io's collaboration with Degen Chain to launch a Layer 3 blockchain demonstrates its capability to support innovative and large-scale projects.
  • The company's recent $6 million funding round, with investments from over 50 partners, highlights strong market confidence and financial stability.
  • Syndicate.io's Web3 Investment Clubs product has seen rapid adoption, with over 1,100 DAOs created in just three months, indicating a high demand for their solutions.

What critics are saying

  • The rapidly evolving web3 landscape requires Syndicate.io to continuously innovate to stay ahead of competitors.
  • Dependence on the success of web3 and blockchain technologies means that market volatility could impact Syndicate.io's growth and stability.

What makes Syndicate unique

  • Syndicate.io offers a flexible and modular approach to smart contracts, unlike the rigid ERC 721 and ERC 20 standards that dominate the market.
  • Their user-friendly REST APIs abstract the complexity of web3 development, allowing developers to focus on creating end-to-end experiences rather than dealing with intricate infrastructure.
  • Syndicate.io's infrastructure-as-a-service model ensures a steady revenue stream while providing scalable and cost-effective solutions tailored to both startups and Fortune 100 companies.

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Growth & Insights
Headcount

6 month growth

17%

1 year growth

10%

2 year growth

-50%

Benefits

Home office stipend

Travel reimbursement

Unlimited PTO

Regular in-person meetups around the world

Competitive salary

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