Synesis One

Synesis One has shut down. It was a crypto project on Solana that paid people in its SNS token to make training data for AI. It called this "Train2Earn". On 2 March 2026 the team posted a "Final Update". It said it had decided to "wind down all of its operation effective immediately", and that the token would be shut off in the weeks after (Telegram, X).

The end came a few weeks after a hack. An attacker made about 1.5 billion new SNS that the team had not issued. By late October 2026, neither the Telegram channel nor the X account had posted since the Final Update.

What happened to Synesis One?

Synesis One closed in March 2026. The team chose to shut it down rather than finish its plan to fix the token after the hack.

In the Final Update, the team called the project "an arduous and incredibly daring technical project" that it had run since 2021. It said it had built what it called Solana's first AI data labelling system. It also said users had made millions of language datasets in return for tokens.

The team gave two reasons for stopping. It doubted that crypto AI could work as a business. It was also unhappy with the ethics it saw across crypto. Some of the core team said they would keep working on AI agents outside crypto.

The post did not offer a way to swap or redeem tokens. Be wary of any later claim that one exists, unless it comes from the project's own channels.

What was Synesis One crypto?

The Synesis One whitepaper is still online. It was last updated in December 2021. It calls the project a "Web3 data utility and NFT marketplace for AI", built from two parts:

• SynesisDAO was a group that paid people to describe words and ideas in plain language. Those notes were meant to become a free, public store of data that any AI could use.
• Kanon Exchange was a market for Kanons. Each Kanon was an NFT that stood for one word in the "mental map" of Mind AI.

The whitepaper names Mind AI as the first user of this data. It calls Mind AI an AI that reasons in plain language. The Synesis Academy docs say the goal was to help Mind AI's team build the map their engine used to make sense of the world.

The first version ran on Solana to keep fees low. The whitepaper said other chains would follow.

How Synesis One Train2Earn worked

Users did small data tasks in the Train2Earn web app. Each task paid out in SNS. The first tasks taught Mind AI to understand plain language. The docs said later tasks could include labelling data, tagging photos and other small jobs.

Through 2025 the team posted new Train2Earn tasks on X, under the slogan "Train AI. Own the Future." In late 2025 it began to call Synesis "a universal AI Data Engine". It also began to stress data checked by humans, with a clear trail, for fields such as health care.

Synesis One Kanon NFTs and staking

Kanons gave people a reason to keep adding data. Under the whitepaper's rules, a holder had to do this work before they could claim each round of rewards.

Holders could stake their Kanons and earn rewards each month. Posts from late 2025 said that "the more your word was used in Train2Earn, the higher the rewards."

The whitepaper also planned a way to split a Kanon into smaller tokens, much like a stock split. It hoped Kanons could one day back loans and swaps in DeFi. None of this runs now. There is no live staking to earn from.

Synesis One SNS token and tokenomics

The whitepaper sets out two assets: SNS, used for votes, and the Kanon NFT. The project planned to earn from fees on data work and on Kanon trades.

Kanon trades were to carry a 2.5% fee, plus 2.5% for the creator. In 2025 the team also burned, each month, the SNS rewards that users had not claimed.

ICO Drops says SNS launched on 30 January 2022. It was sold first on Huobi Prime, Solstarter and StarLaunch, at $0.05 per token.

There are two SNS tokens. Solana Name Service, the .sol domain project, uses the same ticker. The two are not linked (Bitrue). Synesis One's original token is SNS. Check the mint address before you trade anything called SNS.

The old SNS still trades in small amounts in some places. That does not mean the project is alive. The team said it would shut the token off, and the hack added a huge supply on top.

Synesis One hack: the February 2026 SNS mint exploit

In early February 2026 Synesis One said on Telegram that someone had made new SNS without its approval. Exchanges paused SNS deposits and withdrawals.

On 9 February the team said a treasury wallet had been taken over. That wallet held the right to make new SNS. The attacker had "minted approximately 1.5B new tokens and liquidated a significant portion."

The team then set out a plan. A new token would replace the old one at 1:1, based on a snapshot taken before the hack. People who bought after the hack would be paid back from a second snapshot.

On 11 February the team named the two snapshot times:

• Before the hack: 03:20:34 UTC, 7 February.
• After the hack: 03:20:35 UTC, 9 February.

The shutdown in March seems to have replaced this plan.

Is Synesis One legit? Review and risks

Synesis One was a real project. It had a whitepaper, a working app, and public token sales in 2022. But anyone asking "is Synesis One legit" today should know two things. It no longer runs, and its token was broken by a hack before it closed.

The main risks for anyone who still holds, or is looking at, its tokens:

• One wallet could make new tokens. By the team's own account, a single hacked wallet let the attacker create about 1.5 billion SNS. That one weak point is what broke the token.
• No fix was delivered. The plan for a new token was dropped at the shutdown. No way to redeem has been announced since.
• A retired token with thin trading. Any SNS price now is for a token the team said it would shut off, with a swollen supply.
• Ticker mix-ups. Solana Name Service also trades as SNS. It is easy to buy the wrong one, or a fake.
• Scams. A dead project with a known name draws fake "migration" or "claim" offers. The last word from the team was the 2 March Final Update.

We found no public security audit of the Synesis One programs. Cyberscope lists the token but says no full audit is available.

Who Synesis One is for now

Synesis One no longer serves users. This page helps three groups:

• Past users and holders of Kanons or SNS who want the record of the hack, the snapshot times and the shutdown.
• People who study AI data on blockchains. Synesis One is a case that ran on Solana from 2021 to 2026.
• Traders who see the SNS ticker and need to tell this token from Solana Name Service.

It is not a place to earn, stake or buy. Nothing on the platform pays out now.

Synesis One team, investors and history

The team says it began work on Synesis One in 2021. The whitepaper ties the project to Mind AI, the engine its data was built for.

ICO Drops lists a seed round in late 2021. It names backers such as A195 Capital, MetaCartel Ventures, Yield Guild Games, AU21 Capital and Kenetic Capital. Funding sites disagree on how much was raised. We found no official figure, so we do not give one.

Key dates, from the sources above:

• December 2021: whitepaper last updated.
• 30 January 2022: SNS token launched.
• 2025: regular Train2Earn tasks and monthly burns of unclaimed rewards.
• December 2025: team says it attended Solana Breakpoint in Abu Dhabi.
• 7 February 2026: the hack is reported.
• 2 March 2026: Final Update announces the shutdown.