Synereo, a Tel-Aviv based company, has announced that an additional fundraising campaign will begin the week following the live demo of the alpha version of its decentralized, open-source social network to be held in Vancouver, on 9th September.



The startup made the announcement in an online post. It said that the upcoming campaign will be the second round of Synereo’s multi-phase fundraising strategy, detailed during its ICO in 2015.



“Participants will be able to install our decentralized node software on their devices, and participate in the alpha version of our social networking layer. The fundraising campaign will begin the following week”, the post reads.



The call for investments will be facilitated with the help of BnkToTheFuture.com, which allows investment in Synereo LTD via credit card, bank transfer, bitcoin, and a variety of altcoins. Qualified investors will be able to invest in, and receive shares of, Synereo LTD starting from a minimum investment of $1000.



“Equity investors on BnkToTheFuture will receive an AMP bonus, depending on the size of their investment”, it said.



Synereo clarified that all AMPs (network’s native currency) to be sold during this campaign are pre-existing AMPs held by Synereo for this purpose, adding that no new AMPs will be created for this sale. The details on the fundraising round are available here.



“The sale is structured in such a way that it encourages direct AMP purchases from Synereo, while preventing large buyers from using them to manipulate the market or immediately sell their holdings. Note that all purchased AMPs will be sent to buyers at the same time, a short period after the sale has ended”, it added.



AMPs could be purchased at BnkToTheFuture.com, Chinese Exchange YUNBI or directly and anonymously from Synereo at synereo.com/sale.