Syntropy is designed to solve issues prevalent in the current Internet framework, including security, privacy, governance, performance, reliability, and ineffective resource utilization. This enables a trustless, decentralized blockchain-based economy, secured through a staking mechanism that ensures fairness between those sharing and those using spare network bandwidth. Programmable token supply and smart contracts allow for the introduction of incentive mechanisms, such as rewards for nodes participating in consensus as well as a reward redistribution pool for the network infrastructure nodes.
NOIA is the Ethereum-based native token that facilitates connections and data transfers over the Syntropy network. As a Layer 1 technology, NOIA represents the aggregate value of information communicated across the Web3 ecosystem. It creates the initial financial incentives for this network to be created and then operated by and for the user community.