The Syntera Coin is headed by TERO TECHNOLOGIES LTD, an English company based in Cardiff, England. TERO TECHNOLOGIES LTD engaged Mact Oltin Lab to build the web applications needed to cater for their Initial Coin Offering (ICO) and features that enables Syntera to fulfil their vision after. This is an ongoing project till date.
The vision of Snytera is to create a democratic platform whereby major decisions are collectively made.
Snytera hope to build a vibrant and creative environment where there is synergy of ideas and cooperation. And very importantly, the community will be a place where every member can seek the help and resources to realise their personal needs and financial goals.
Mact Oltin Lab started the project with the development of Syntera.io and using Ethereum protocol to create the Synetra token and smart contracts for the token.
On synetra.io, Mact Oltin lab built a ERC 20 compliant wallet to allow users to deposit 10 different cryptocurrencies like bitcoin, Ethereum, Litecoin to exchange for the Synetra token.
Currently building the Peer to Peer exchange, the platform allows users to buy or sell cryptocurrencies directly with each other. This is the fastest mechanism by which a participant can exchange cryptocurrencies for fiat and vice-versa.
In the platform, Mact Oltin Lab will be building an escrow to facilitate the safe exchange of different tokens and coins.