1/ We're excited to share that over the last year Syndicate has been building infrastructure to unlock the next wave of web3 products with leading startups and Fortune 100 companies.
Anyone can develop on our infrastructure starting today.
2/ Syndicate's new Transaction Cloud, APIs, and modular smart contracts radically improve the experience for developers (DX) and their end users (UX), making web3-powered products easier to build, grow, and use at mainstream scale.
3/ In the coming years, web3 will go mainstream and redefine people's interactions with products, platforms, applications, brands, and each other.
4/ It will usher in a new era of the internet where the full potential of online (and in the future, on-chain) communities, organizations, and economies will be realized at an unprecedented scale—powered by web3 technologies. And its foundations are being built right now.
5/ Over the last decade, each market cycle progressively brought web3 closer to mainstream adoption as new infrastructure and higher levels of abstraction unlocked new platforms and applications that made it easier for companies to build and more people to use.
6/ Importantly, new infrastructure also unlocked new user experiences, interactions, and business models that were previously not possible—which are critical for any new technology to gain mass adoption.
7/ Over the last two years, our work with some of the largest and most innovative communities in web3 has led us to many discoveries and new possibilities we never imagined.
8/ We learned that on-chain communities are foundational to the future of the internet itself and everything built on top of it. This will lead to a major shift in people’s understanding of the critical role web3 technologies will play in evolving the internet.
9/ All of its applications, products, platforms, experiences, and businesses will move towards ones that are fundamentally more community-driven, co-creative, and user-centric.
10/ Syndicate is building the infrastructure to power the next wave of web3 platforms and products at scale. Our work with startups and Fortune 100 companies to help bring on-chain communities mainstream has shown us that the next wave of web3 products will be built differently.
11/ For example, developers can broadcast 5K+/sec in on-chain transactions via Syndicate using simple REST APIs. These APIs and other services open up incredible possibilities, ranging from simpler account abstraction to easier NFT mints to powerful on-chain automation.
12/ This is just the beginning, and we’re excited to share more about our current and new products in development soon.
We're now ready to work with more innovative developers, startups, companies, and brands to build and help take web3 to the next level of maturity & adoption.
13/ Like previous cycles over the last decade, forward-thinking teams came together to pioneer the next wave of web3. We're excited to build things that will profoundly change the internet together.
Get started at or email us at hello@syndicate.iosyndicate.io
L3s promise 10,000x lower fees, but face major economic hurdles. Our analysis reveals the challenges for L3s to reach profitability, current L3 use cases, and the future pathways to valuable L3 networks. 🧵
2/ Our analysis shows that L3s struggle to breakeven unless they achieve L2-like transaction volumes (50M+ per month) or keep fees within 3x of L2s.
Today, L3s are used as "cost centers" and an economic tool to bootstrap network development and app growth.
3/ For example, onchain games (ex: @skyoneers, @PirateNation) can significantly lower operational expenses and improve UX through L3s.
On today's L2s, even a moderately popular onchain game or app could cost $5+ million in gas a year.
1/ Today, we’re excited to announce the launch of Degen Chain, an L3 for the @degentokenbase community built with @arbitrum Orbit, @base for settlement, and AnyTrust for DA.
The chain’s native gas token is $DEGEN, making it one of the first community tokens with its own L3.
2/ Syndicate is thrilled to be the L3 infrastructure partner for Degen Chain—we worked with providers like @conduitxyz for the rollup, @decentxyz for the bridge, @airstack_xyz for data APIs, and more to be shared soon.
3/ In just the last month, Syndicate has helped pioneer the world of EVM L3s.
With Syndicate’s Frame L3 for @farcaster_xyz Frame developers, @GoldChainDev for games like @CropXyz, and now Degen Chain, we’re scratching the surface of what’s possible with L3s.
To revolutionize investing and the social networks that power it, we need our most committed partners by our side.
That's why we’re launching 'Syndicate Genesis - Limited', a closed Collective dedicated only to our closest supporters and contributors.
Check your personal or club’s admin wallet (if you have a prominent investment club on Syndicate) to see if you've been airdropped an NFT from SyndicateNFTs.eth.
We'll be rolling out unique experiences for this community soon, so stay tuned 👀
We're excited to push the boundaries and showcase the capabilities of the ERC-721M primitive in new and innovative ways.
The 'Syndicate Genesis - Limited' Collective community will grow, scale, and evolve over time via ERC-721M's modular architecture.