@imndy
🔥 SYND/Syndicate Investor Deep Dive 🔥
✅ Heavyweight backing: a16z Crypto led the $20M Series A (2021), joined by Coinbase Ventures, IDEO CoLab Ventures, Delphi Ventures & angel Balaji Srinivasan. Total raised: $28M+ across multiple rounds.
✅ Plot twist: Syndicate pivoted from DAO investing to appchain infrastructure!
🔄 Now powering custom Layer 3s with smart sequencers for onchain commerce + Farcaster ecosystem.
✅ Fresh launch: SYND token (1B supply) went live Oct 1, 2025 on Base/Ethereum. Mainnet launched Sep 17. 🚀[syndicate +2]
Real utility: Network gas + governance + staking rewards. Building the backbone of community-owned internet infrastructure.
⚡Circle Ventures involvement less clear—DYOR on specific rounds! 🧾
#Web3 #AppChains #Farcaster #Base #SYND
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