Summary: Synesis One is a decentralized platform that enables users to earn cryptocurrency by participating in AI data annotation tasks. The Train2Earn model rewards contributors for their efforts, allowing you to engage in AI training while earning crypto. This guide will explain how to use Synesis One’s Train2Earn platform to earn crypto.
About Synesis One
Synesis One is an innovative platform that combines artificial intelligence (AI) with blockchain technology to create a decentralized ecosystem for training AI models.
Synesis One connects businesses that need high-quality data for AI development with contributors who provide this data in exchange for cryptocurrency rewards. It’s built on the Solana blockchain and ensures transparency and accountability by recording every transaction on-chain.
The platform’s Train2Earn model allows contributors to participate in tasks such as data annotation, image labeling, and reinforcement learning optimization, democratizing access to the AI development process while offering fair compensation.
How to use Synesis One’s Train2Earn platform: Step-by-step
Here’s a step-by-step guide on how to use Synesis One’s Train2Earn platform to earn crypto:
Step 1: Create an account
The first step is to visit Synesis One’s homepage or download its Workspace app on your smartphone device. The app is available both on the App Store and Google Play Store, depending on whether you’re using an Android or iOS device.
Once you download the right app for your device, open it and sign up to create your account. To sign up quickly and without additional fuss, you can use your Google, Apple, Discord, or X account. You can also use your email address and password.
Step 2: Obtain a Kanon NFT
To access a task on Synesis One, you will need a Kanon NFT. You can purchase or borrow these through the platform’s guild within the ecosystem. Also, it’s possible to stake the NFT to ensure your commitment to the platform.
Step 3: Choose your role
Synesis One offers various roles to suit your interests and skills. These include:
- Builder: Create and annotate datasets for AI training;
- Validator: Review and validate other contributors’ work to ensure data quality;
- Architect: Design data campaigns for businesses.
That said, you should select a role that aligns with your expertise or interests. Nevertheless, each role comes with detailed instructions, so even beginners can get started.
Step 4: Complete tasks and earn crypto
Once you have chosen a role, the next step is to select a campaign. You can browse between various available campaigns and choose one that interests you.
Some of these include:
- Generating text variations for language models;
- Annotating images for AI vision systems;
- Validating chatbot responses through human feedback.
Finally, read the guidelines for each task and then submit your work for peer review.
Step 5: Track your progress
After you complete and submit a task, you can monitor your performance compared to other contributors using Synesis One’s Leaderboard, where you can check the amount of crypto you’ve earned, as well as your task approval rate In addition to this, the leaderboard provides a relevancy index, helping you refine your task selections.
Step 6: Withdraw your earnings
Once you’ve completed tasks and earned rewards, the last step is to withdraw your cryptocurrency. You should connect your Solana-compatible wallet to the Synesis One platform. This wallet will serve as the destination for your $SNS token earnings. After connecting your wallet, initiate the withdrawal process to transfer your funds securely.
Thanks to Synesis One’s use of the Solana blockchain, transaction fees remain minimal, ensuring you retain the majority of your earned crypto. With your tokens safely in your wallet, you can use them as you wish—whether for staking, trading, or personal investment.
Synesis One also offers a single-sided staking program with up to 8.5% APY on $SNS tokens, while owning a Kanon NFT provides passive rewards whenever its unique word is used by Mind AI clients.
Additionally, minimal withdrawal fees make it more cost-effective than traditional platforms, enhancing its appeal for micro-tasks and data services like labeling and annotation.
Pros and cons of Synesis One’s Train2Earn platform
Using Synesis One’s Train2Earn platform offers a unique way to earn cryptocurrency while contributing to the development of AI systems. However, like any platform, it has its pros and cons. These include:
Pros
- Fair compensation: Contributors receive 80% of campaign budgets;
- Blockchain transparency: All transactions are traceable, adding an extra layer of trust and security;
- Diverse tasks: Engage in various tasks such as data generation, image annotation, and reinforcement learning;
- Global accessibility: Anyone with an internet connection can participate;
- Skill development: Contributors gain valuable expertise in AI-related fields while earning cryptocurrency.
Cons
- Learning curve: New users may need time to understand blockchain concepts and the NFT-based access system;
- NFT requirement: Kanon NFTs are necessary for task access, which may discourage non-crypto users;
- Blockchain dependence: The platform’s performance is tied to the stability and scalability of the Solana network.
The bottom line
To sum things up, Synesis One’s Train2Earn platform enables contributors to earn cryptocurrency by completing AI-related tasks. By combining blockchain technology with data annotation processes, the platform offers a decentralized approach to addressing AI’s growing data needs. While it provides opportunities for earning and skill development, it also requires some understanding of blockchain concepts and access to NFTs.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs on Synesis One Train2Earn platform
What is Synesis One Train2Earn platform?
Synesis One Train2Earn platform connects businesses requiring AI data annotation with contributors who complete tasks in exchange for cryptocurrency rewards. It uses blockchain technology to ensure transparency.
Do I need prior experience to contribute to Synesis One?
No, you don’t need prior experience. Each task includes instructions, making it easy for beginners to participate.
What is a Kanon NFT, and why is it required?
A Kanon NFT acts as a key to access tasks on the platform. You can either purchase or borrow one, and it ensures contributors are committed to their roles within the ecosystem.
How do I earn crypto on Synesis One?
You earn cryptocurrency on Synesis One by completing tasks such as data generation, image annotation, and reinforcement learning. Your work undergoes peer review, and once validated, you receive rewards in $SNS tokens.
What types of tasks are available on Synesis One?
Tasks on Synesis One include generating datasets, annotating images, validating AI-generated responses, and more. In the future, there are plans for new tasks to include speech-to-text transcription and creating AI-driven gaming characters.
Can I use Synesis One if I’m not familiar with blockchain or NFTs?
Yes, you can use Synesis One, but you may need to learn some basic blockchain concepts, especially how to acquire and use NFTs.
How do I withdraw my earnings on Synesis One?
You can withdraw your earnings by connecting a Solana-compatible wallet to the platform and transferring your $SNS tokens.
Is Synesis One secure?
Yes, Synesis One uses blockchain technology for secure, transparent, and traceable transactions. The platform also operates as a decentralized autonomous organization (DAO), which enhances its security framework.
What makes Synesis One different from other data annotation platforms?
Synesis One’s decentralized, blockchain-based model ensures fairness, transparency, and high-quality contributions, setting it apart from traditional platforms.
Is Synesis One accessible across the world?
Yes, Synesis One is accessible globally. As long as you have an internet connection and meet the basic requirements, you can participate.
