The chatbot market is estimated to grow by $3 billion
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Many people will be displaced because of automation.
We believe that the benefits of the new economy should be available to everyone.
Let the robots work for you. Invest in the projects you believe.
Invest in other bot-related ICO's
Use SYNT tokens to invest in innovative companies and projects that are related to automation (software and hardware).
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Trade our coin on the main exchanges after the main ICO is successfuly finished
Profit and grow
Profit from the AI automation and earn interest from your investments
A community driven approach to investments. We let you decide what are the best projects to invest in.
UBI funded by innovative companies
Companies that automate their workforces should be taxed on these new massive profits, and some of the resulting capital given back to workers by the government in the form of UBI.
While the idea of a UBI is popular—Mark Zuckerberg, Elon Musk, and Bill Gates have all championed it—how exactly would a universal basic income be engineered and how would a private-sector-funded version work?
“40% of businesses are planning to implement some form of automated technology by 2020”
“$23 billion in savings from annual salaries”
Businesses are beginning to see the benefits of automation
The chatbot market is estimated to grow by $3 billion by 2021 and the industry has been growing at a compounding rate (CAGR) of 35%.
When asked which emerging technologies they are already using and which they intended to implement, 80% of respondents said they already used or planned to use chatbots by 2020. Chatbots are interactive software platforms that reside in apps, live chat, email, and SMS and can behave in a human-like manner.
Additionally, the survey shows that business leaders and decision makers are turning to the broader umbrella of automation technologies, which includes chatbots, for things like sales, marketing, and customer service.
42% of participants believe automation technologies in these areas will most improve the customer experience. And 48% said that they already use automation technology for these business functions, with 40% planning to implement some form of automated technology by 2020.
This makes sense given the impact automation technology could have on cutting labor costs. Although complete automation of the customer service workforce is not feasible, automating customer management and sales positions in the US would result in considerable savings. Twenty-nine percent of customer service positions in the US could be automated through chatbots and other tech, according to Public Tableau.
We estimate this translates to $23 billion in savings from annual salaries, which does not even factor in additional workforce costs like health insurance.
What we do, in a nutshell
At Synthetics.ai, we connect consumers & brands through conversation.
With the increasing number of communication channels, staying relevant has become more important than ever and attention is the new currency.
We develop chatbot solutions for innovative businesses and market leaders that offer instant communication between brands and users, delivers better engagement and provides a more personalized way to serve clients and create awareness.
A Digital Marketplace for Innovative AI & Automation Projects
In order to achieve the promise of UBI from Automation, the first step is to create a digital marketplace where specific projects from the space of AI and automation that are implemented in the blockchain ecosystem will be aggregated and visible to the whole community for the purpose of promoting and investing in them.
Such projects may vary from specific bots to more complex platforms that will automate different tasks or behaviours with the purpose of generating better and more efficient productivity with marginal costs of operation and implementation.
Each project will be successfully vetted by professional people, thus making sure that the specific implementation will be due accordingly to the promised specifications.
The second layer of vetting will be community-based and it will consist in votes attributed to the funding team in the SYNT ecosystem. The second layer will also have a ranking system implemented, where the most voted project will occupy an increased ranking position on the main projects list.
Experimenting with Different Streams of Income for Investors
The proposed system of universal income doest not come under the form of simply taxation, instead we believe that the profit motive should be the main driver of innovation in the ecosystem.
We will develop a decentralized system powered by the blockchain for people to invest in future automated projects and earn revenue from the productivity generated by the automation projects.
A proprietary coin named SYNT will be issued and the revenue will be automatically converted in our currency and distributed to the investors through the power of smart contracts.
Developers and business owners of projects that automate productivity (software or hardware) will publish a crowdfunding campaign on our platform with the purpose of raising capital to cover the development costs of their systems and sharing a part of the generated recurring revenue.
Each project that will be submitted on our platform will have an auction based system that will involve the distributed participation of interested peers.