One user = One reward

One user = One reward

Dec 29, 2021

crypto rewards
crypto rewards

Crypto-based rewards are economic levers that can be used to foster engagement and loyalty. There is no better way to engage community members than to reward passionate members. The more members become involved, the more they create value for the project itself.

The Challenge

Bots and duplicate users get in the way of honest members

Although reward programs are a go-to for community growth, telling a bot apart from a unique person is not an easy task. Sybil attackers lurk around with intent of claiming multiple rewards. Not only does this undermine the success of the project, but it also erodes community trust. The question is, how can projects prevent incentive-hungry bots and duplicates from being rewarded without sacrificing participant anonymity?

The Solution

Fair reward allocation with PoP

Synaps’ Proof of Personhood (PoP) is a privacy-preserving solution and the first step to building reliable and honest communities. The solution guarantees that only real and distinct users are rewarded by eliminating bots and duplicate users. Each PoP is associated with one unique verified user, assuring that 1 reward is allocated to 1 user. 

Learn how it works: watch video

Our Achievements

  • 16K+ Proof of Personhood created

  • 100% privacy preserving

  • 99.5% uniqueness validation reliability rate

Proof of Personhood with Synaps

Synaps’ PoP has been designed with rollup technology for a highly scalable solution. In addition to preventing multi-accounting, the decentralized solution plays a crucial role in stopping cheating mechanisms, and other bad actors from entering reward programs and infiltrating enjoyable experiences.

Synaps PoP is the right solution for you if you’re looking for:

  • Privacy-preserving technology: Personhood is validated via a face scan, which generates an encrypted vector face graph. It contains no biometric data and cannot be used to recreate someone’s face, keeping identities anonymous.

  • Frictionless onboarding: Synaps' user-friendly interface allows for a fast and smooth user experience and onboarding in a matter of seconds. There is no need to wait for video or social proof validation. PoP instantly validates your users' personhood through a liveness scan.

  • Convenience: The PoP can be decentralized within Anima which allows users to connect to their existing crypto wallet(s). With the Anima dID protocol, users can get instant identification on your platform.

"At Synaps we strive to build trust in every community on the Web3 by helping people better manage and share verifiable credentials in order to facilitate community success"

Florian Le Goff - CEO of Synaps

Our latest uses cases

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Private sales: Prepare for a safe and secure launch

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private sales prepare safe secure launch

Private sales: Prepare for a safe and secure launch

ICOs (Initial Coin Offerings) and private sales are often used as funding sources in web3. But identifying investors is not as easy as traditional IPOs (Initial Public Offerings).

KYC

KYB

AML

private sales prepare safe secure launch

Private sales: Prepare for a safe and secure launch

ICOs (Initial Coin Offerings) and private sales are often used as funding sources in web3. But identifying investors is not as easy as traditional IPOs (Initial Public Offerings).

KYC

KYB

AML

The Quadratic Voting model: Transforming governance

In distributed governance models and online reputation systems, creating multiple wallets and impersonating multiple people is a barrier to trust-based digital systems.

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Quadratic voting governance

The Quadratic Voting model: Transforming governance

In distributed governance models and online reputation systems, creating multiple wallets and impersonating multiple people is a barrier to trust-based digital systems.

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Quadratic voting governance

The Quadratic Voting model: Transforming governance

In distributed governance models and online reputation systems, creating multiple wallets and impersonating multiple people is a barrier to trust-based digital systems.

KYC