**Dear community members, we've just brought back the latest news from the front lines of ETHShanghai 2025! **At this blockchain gathering that brought together 486 global teams and 196 finalists, Synbo Protocol brought a fresh perspective to the hackathon with its unique concept of "consensus capital."
Continuing the innovative spirit of the Ethereum ecosystem, beyond popular tracks like DeFi, Layer2, RWA, DID, and AI+Blockchain, the Synbo team focused on a key question: how to prevent excellent projects from failing due to financing issues?
At the exhibition area, the CCO consensus fundraising model developed by Synbo sparked strong reactions. The model achieves a complete closed loop through three core components: the "initiation end" where project parties launch financing, the "consensus end" where the community participates in decision-making, and the "distribution end" where smart contracts automatically execute. Many developers expressed that this transparent financing method effectively avoids information asymmetry problems inherent in traditional VC financing.
Particularly worth mentioning is the "consensus simulator" set up by the Synbo team on site, allowing participants to personally experience the investment decision-making process based on position consensus. Through real-time data visualization, participants could clearly see how community consensus influences capital flow, an interactive segment that attracted numerous developers to stop and experience.
In exchanges with competing teams, the Synbo mentor team collected valuable product feedback, including how to optimize consensus threshold settings, balance participation between institutional investors and retail participants, and design fairer unlocking mechanisms. These suggestions will be directly incorporated into the product's subsequent development roadmap.
As the event concludes, the seeds of Synbo Protocol's consensus concept have been sown within the developer community. We look forward to seeing more projects achieve success through this innovative model in the near future.
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