NOIA

Overview of NOIA

Launched in 2018 and operating on an Ethereum-based framework, NOIA serves as the utility token within the Syntropy ecosystem. Syntropy represents a programmable internet that aims to decentralize internet connections, seeking to improve privacy, security, and online freedom. It uses a segment routing technology and its own proprietary protocol, across various domains including IPv6 and IPv4, to ensure optimized global routing. The users can earn NOIA tokens by sharing their spare bandwidth and can use these tokens to gain access to speedier and more stable connections.

To obtain more information, you can visit their website: https://syntropynet.com/ and try to log in or register to use more services.

Pros and Cons

Pros of NOIA:

1. Programmable Internet: NOIA Network offers a programmable internet with an objective to augment privacy, security, and online freedom. It essentially means that users can configure their internet connections according to their needs which can help enhance user privacy and security.

2. Advanced Technology: The network uses a unique segment routing technology and a proprietary protocol to ensure an optimized global routing. These innovative features help improve the user experience by enhancing internet connection performance.

3. Earn Tokens by Sharing Spare Bandwidth: NOIA Network allows users to earn tokens by sharing their spare bandwidth. This is a passive form of earning for individuals as it creates an opportunity to make profits from an underused resource.

4. Ethereum-based Token: The NOIA token operates on an Ethereum-based framework, offering transparency and security. Ethereum is a well-regarded blockchain technology hence this feature reassures users about the credibility of the transactions.

Cons of NOIA:

1. Dependence on User Bandwidth: The operation of NOIA Network is significantly dependent on the spare bandwidth from its users. This will create issues in the working of the network if there are not enough users willing to share their bandwidth.

2. Network Stability: If user participation decreases, there is a risk to the stability of the network. This can affect the overall performance and reliability of the network, leading to users facing difficulties in their connection speeds and overall experience.

What Makes NOIA Unique？

NOIA Network or Syntropy, its innovation in cryptocurrency lies in its aspiration to decentralize Internet connectivity. It is designed to programmatically route and optimize internet connections, leveraging segment routing technology across different domains, including IPv4 and IPv6.

Users of this network can contribute their spare bandwidth and, in return, earn NOIA tokens. These tokens can also be used to improve the stability and speed of their internet connections, facilitating a notion of 'Internet of Value'. This exchange of Internet resources for valuable tokens is not commonly seen in other crypto models.

How does NOIA Work？

The working mode of the NOIA Network revolves around the notion of a decentralized Internet. It operates on principles of sharing and optimizing internet connections via a programmable platform that uses blockchain technology. NOIA Network functions using a Segment Routing protocol that works across different domains, including prior versions like IPv4 and the latest, IPv6. This protocol influences the path data takes across the network, allowing an optimized, faster and more secure Internet connection.

Users of the NOIA Network participate by sharing their spare bandwidth, contributing to the overall efficiency and coverage of the network, and in return, they earn NOIA tokens. These tokens operate on an Ethereum-based framework that ensures the security and transparency of transactions. Users can then use these tokens to results in faster and stable Internet connections.

Furthermore, NOIA Network's proprietary technology harnesses artificial intelligence (AI) to make smart decisions about the best routes for data transmission, based on factors such as congestion, latency, and packet loss. This mechanization further optimizes network performance for its users.

Market & Price

NOIA experiences price fluctuations. Its current price is around $0.25 as of today, March 31, 2024.

Short-term: NOIA is down in the short term. Its price has decreased by around 4-6% in the last 24 hours.

Weekly: Looking at a weekly timeframe, NOIA is also in the red, with a price decline of around 6.5% to 15%.

Monthly: Over the past month, NOIA shows positive price movement, with gains ranging from 14% to 25%.

Long-term: For long-term holders, NOIA has been very profitable. Over the past year, its price has surged by over 460%.

Exchanges to Buy NOIA

NOIA can be purchased on several cryptocurrency exchanges.

1. KuCoin: A recognized and globally accessible crypto exchange. KuCoin supports various NOIA trading pairs, including NOIA/USDT and NOIA/BTC. See this link for details on how to buy NOIA: https://www.kucoin.com/how-to-buy/syntropy.

- Create Your Free KuCoin Account

Sign up on KuCoin with your email address/mobile phone number and country of residence, and create a strong password to secure your account.

- Secure Your Account

Ensure stronger protection of your account by setting Google 2FA code, anti-phishing code, and trading password.

- Verify Your Account

Verify your identity by entering your personal information and uploading a valid Photo ID.

- Add a Payment Method

Add a credit/debit card or bank account after verifying your KuCoin account.

- Buy NOIA

Use a variety of payment options to buy Syntropy on KuCoin.

2. Gate.io: It has established a robust reputation among the crypto community for its wide offering of cryptocurrencies, including NOIA. Users can trade NOIA primarily via the NOIA/USDT pair. See this link for details on how to buy NOIA: https://www.gate.io/how-to-buy/syntropy-noia#steps-to-buy-syntropy-noia.

Step 1 - Create an Account on Gate.io

Create an account with Gate.io, or login to your existing Gate.io account.

Step 2 - Complete KYC & Security Verification

Ensure that you have completed KYC and security verification.

Step 3 - Choose your preferred method to buy NOIA

You can choose from spot trading, bank transfer, and credit card.

Step 4 - Purchase successful

Your NOIA is in your wallet now. If you havent received your crypto, you may visit the Help Centre or ask reach out to the customer service team by live chat.

3. Uniswap: As a prominent decentralized exchange, it works differently from traditional exchanges but still offers NOIA purchases. The trading pair available on Uniswap for NOIA is NOIA/ETH.

4. Bilaxy: It's an international exchange with a high daily volume of trades. It supports NOIA with the NOIA/ETH pairing available.

5. Bancor Network: Bancor Network is a decentralized liquidity network that allows users to convert between different tokens directly instead of relying on traditional cryptocurrency exchanges. It supports NOIA/BNT.

6. CoinDCX: CoinDCX is one of India's largest cryptocurrency exchanges, offering a wide range of trading pairs and services, including NOIA/USDT.

7. CoinEx: CoinEx is a global cryptocurrency exchange that offers a variety of trading pairs, including NOIA/USDT. It aims to provide a secure and efficient trading environment for its users.

8. Coinmetro: Coinmetro is a cryptocurrency exchange and trading platform that offers a range of services, including spot trading, margin trading, and tokenized asset trading. It supports NOIA/USD, NOIA/EUR.

9. ExMarkets: ExMarkets is a cryptocurrency exchange that offers trading services for a variety of digital assets, supporting NOIA/USDT. It aims to provide a secure and reliable trading platform for its users.

10. Bitrue: Bitrue, supporting NOIA/USDT, is a cryptocurrency exchange that offers trading services for a variety of cryptocurrencies. It aims to provide a secure and user-friendly trading experience.

How to Store NOIA？

Storing NOIA involves using a compatible cryptocurrency wallet. Since NOIA tokens operate on an Ethereum-based framework, any wallet that supports Ethereum (ETH) can be used to store NOIA.

1. Hardware Wallets: These are considered the most secure type of wallets. They store the users private keys offline on a physical device, effectively ensuring they are safe from any online hacks or intrusions. Examples of hardware wallets that can store Ethereum-based tokens like NOIA include Ledger Nano S, Ledger Nano X, and Trezor.

2. Desktop Wallets: These wallets are downloaded and installed on your PC or laptop. They can only be accessed from the single computer on which they are installed. MetaMask is an example of an Ethereum-compatible desktop Wallet.

3. Mobile Wallets: These are smartphone apps, and they are convenient for those who want to access their tokens on the go. Examples include Trust Wallet and Coinomi.

4. Web Wallets: Web wallets are operated in the cloud and are accessible from multiple devices with an internet connection. The advantage of web wallets is their convenience, but they also have potential risks associated with online vulnerabilities. MyEtherWallet is an example of a web wallet that supports Ethereum tokens.

5. Paper Wallets: This involves printing out your public and private keys and keeping this printed piece of paper in a secure place. It's considered a safe method as long as the paper remains intact and secure.

Is It Safe？

NOIA utilizes the Ethereum blockchain, known for its security. Transactions are recorded publicly and require significant computing power to alter, making them tamper-proof. The security of the NOIA Network itself depends on its technical design and implementation. While segment routing and their proprietary protocol can enhance security, vulnerabilities can still exist.

How to Earn NOIA？

Earning NOIA Network tokens majorly involves sharing your spare internet bandwidth. The network operates on a principle where users allow their unused internet bandwidth to be used by the network in return for tokens. This creates a community-based internet network where each participant contributes to the overall efficiency, speed, and coverage.

Conclusion

Syntropy, represents an innovative advancement in the domain of cryptocurrency and blockchain technology. It is unique with its focus on decentralizing and optimizing internet connectivity.

While the NOIA Network potentially provides a compelling proposition for the future of internet connectivity using blockchain technology, the long-term success and viability will greatly depend on broader market acceptance and regulatory outlook. We advise you to follow careful research, understand the technology involved before invest it.

FAQs

Q: What is NOIA Network's main function？

A: Operating on decentralized principles, NOIA Network's main function is to optimize internet connections by using blockchain technology and enabling users to share their spare bandwidth.

Q: How does NOIA Network differentiate from other cryptocurrencies？

A: Rather than focusing on financial transactions like many other cryptocurrencies, NOIA Network is oriented towards enhancing internet connectivity and offers users the chance to earn tokens by sharing spare bandwidth.

Q: What technology underpins NOIA tokens？

A: NOIA tokens are based on an Ethereum framework, ensuring transparency and security in all transactions.

Q: How can I earn NOIA tokens？

A: You can earn NOIA tokens by sharing your unused or spare internet bandwidth with the NOIA Network.

Q: Can NOIA tokens appreciate in value？

A: Like all cryptocurrencies, the value of NOIA tokens can appreciate or depreciate, influenced by factors such as tech development, user demand, market conditions, and regulatory changes.

Risk Warning

Investing in cryptocurrencies requires an understanding of potential risks, including unstable prices, security threats, and regulatory shifts. Thorough research and professional guidance are advised for any such investment activities, recognizing these mentioned risks are just part of a wider risk environment.