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Synnax Launches AI Crypto Game SynQuest on Telegram

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Synnax Launches AI Crypto Game SynQuest on Telegram

Decentralized AI platform Synnax introduces SynQuest, a Telegram trivia game that rewards users with SYNAI tokens, contributing to its machine learning models for finance predictions.

By Eliza Crichton-Stuart author avatar

By Eliza Crichton-Stuart

Updated September 18th 2024

Synnax Launches Web3 AI Game SynQuest on Telegram

Synnax, a decentralized AI platform, has launched a new Telegram mini-game called SynQuest, aimed at blending user engagement with financial data collection. SynQuest allows players to earn points by answering trivia questions on topics like cryptocurrency and finance, with the points later converted into SYNAI tokens, Synnax's native cryptocurrency.

What is SynQuest?

Unlike traditional tapping-based games on telegram, SynQuest challenges users to select multiple-choice answers to questions on finance and crypto. As players progress, they can unlock additional casual mini-games and rewards, offering a more interactive and educational gaming experience. The launch is accompanied by an airdrop campaign, encouraging early participation in the game by rewarding users with points, which are exchangeable for SYNAI tokens once the token becomes available.

Synnax Launches Web3 AI Game SynQuest on Telegram

Synnax Launches AI Crypto Game SynQuest on Telegram

Sentiment Data Collection

One of the primary objectives behind SynQuest is to transform player sentiment into valuable, actionable data. As users participate in the trivia game, they contribute to a real-time sentiment stream that Synnax plans to monetize. The sentiment data will enhance the platform's decentralized machine learning models (LLMs), which focus on predicting financial outcomes for public and private companies.

By collecting insights from the game, Synnax aims to fine-tune its AI models, making them more accurate in forecasting financial trends. This will benefit businesses and investors by providing deeper insights and more reliable predictions.

Synnax Launches Web3 AI Game SynQuest on Telegram

Predictive Intelligence for DeFi and RWA

Revenue Generation and Partnerships

Synnax's unique approach to monetization involves incorporating sponsored questions into the game, offering a new advertising avenue for partner organizations. The platform's first sponsor is Polytrade, an RWA (Real-World Asset) marketplace. Sponsored questions will help Synnax generate additional revenue, which will be shared with players via a staking mechanism once the SYNAI token launches.

This model aims to balance value between Synnax, its partners, and the players. As users engage with the game and the platform grows, players can potentially gain from the value generated through partnerships and in-game activities.

Synnax Launches Web3 AI Game SynQuest on Telegram

Synnax Credit System

Synnax's Broader Vision

Synnax’s core technology relies on decentralized AI models that predict financial outcomes with greater accuracy than traditional methods. The platform's goal is to provide deeper insights into company performance, making it a valuable tool for both businesses and investors.

By leveraging the data gathered through SynQuest, Synnax aims to improve its machine learning models, offering real-time insights into user preferences, behaviors, and market trends. Synnax co-founder and CEO, Robert Alcorn, highlights the importance of the data-driven approach behind SynQuest in an interview with blockchaingamer.biz

“The player sentiment data gathered through SynQuest will play a pivotal role in enhancing our decentralized machine learning models, giving us a real-time pulse on user behaviors, preferences, and market trends,” said Alcorn. “This data-driven approach not only strengthens SynQuest but also feeds into the broader AI ecosystem.”

Synnax Launches Web3 AI Game SynQuest on Telegram

Synnax Marketplace

Final Thoughts

Synnax’s launch of SynQuest represents an innovative approach to combining gameplay with real-world financial predictions. By rewarding users with SYNAI tokens and incorporating sentiment data into its AI models, Synnax is poised to create value for both players and web3 gaming investors. As SynQuest evolves, it will likely continue to serve as a valuable tool in the web3 space, offering deeper insights and enhancing decentralized AI capabilities.


Game Updates

updated:

September 18th 2024

posted:

September 16th 2024

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