Identity: from compliance to growth
Synaps helps crypto projects raise funds, engage users, and grow sustainably
Dec 5, 2024
2 min read
Since 2019, Synaps has helped crypto projects tackle compliance challenges. From identifying investors to verifying users, Synaps has built user-friendly KYC, KYB, and AML solutions tailored for the blockchain space.
By 2022, Synaps took a step further, launching Anima— a decentralized protocol targeting Sybil resistance and on-chain reputation. Together, Synaps and Anima provide tools that allow projects to RAISE funds, ENGAGE communities, and EXPAND sustainably.
A Three-Phase Journey: RAISE → ENGAGE → EXPAND
RAISE: Identify Your Investors
Synaps started by simplifying identity verification and compliance for crypto with a focus on fundraising.
Highlights include:
Advanced compliance toolbox: Tailored solutions for KYC, KYB, and AML needs.
Synaps Hub for private sales: A seamless platform connecting projects with investors. Compliance is built-in. Investors can share pre-verified KYC/B and invest effortlessly while managing their deal flow.
Impact:
600+ private sales completed
$7M+ revenue generated
3M KYCs and 13K KYBs completed
By streamlining compliance and creating trust, Synaps has supported efficient, secure fundraising for crypto projects.
ENGAGE: Identify Your Early Adopters
In 2022, Synaps introduced Anima, a decentralized identity (dID) protocol designed to promote genuine contribution in crypto. Anima uses privacy-preserving technologies to identify real, unique users while blocking bots. Once verified, these contributors can be engaged and retained with tailored rewards.
Core features include:
Proof of Personhood (PoP): Ensures only genuine, unique users participate in token distributions, airdrops, and community activities.
Reputation-Based Engagement: Projects can target and reward users based on their on-chain activity and verified reputation.
Impact so far:
200K+ genuine users verified on-chain
10+ blockchain supported
Anima enables projects to build authentic, engaged communities while ensuring fairness and security.
EXPAND: Identify Your Power Users
The next step focuses on long-term growth and scaling tools for crypto projects.
For protocols, Anima will offer:
Quest Manager: Create on- and off-chain quests to incentivize meaningful engagement.
Advanced Analytics: Understand user behavior and optimize campaign performance.
This phase is set to launch in Q1 2025.
Looking Ahead
Anima and Synaps connect crypto projects with investors and users, eliminating bot activity and fostering transparency across the ecosystem. By delivering reliable metrics, we create value for every stakeholder, ensuring crypto communities grow authentically and sustainably.
Book a call with the Synaps team to learn more.
