Altcoin News: SYNC, Ivy League Alt & Lemurcoin

There are plenty of fresh faces and seasoned coin networks taking the altcoin world by storm these days, offering plenty of excitement for those involved.

Ironbankcoin is currently holding an initial coin offering, offering 50 percent of the coin's 100 million coin supply during a seven-day pre-launch sale.

SYNC is a curious entry in the lexicon of alternative cryptocurrencies, building its value proposition on a membership structure that offers several levels of potential return for investors.

Several weeks ago the SYNC community made waves in the markets when it announced SYNC Assets, a portfolio of digital assets that includes domain names and prominent cryptocurrencies.

Since the SYNC Assets launch, the team has built the list of domain names it controls and has continued to push value-added features such as airline miles and discounts exclusively for SYNC holders.

CoinDesk spoke with SYNC Foundation co-founder Mike Fiol, who said that the fundamental purpose of SYNC is to give individuals an entry point into crypto-investment with a vehicle that seeks greater stability compared to other available coins.

One of the projects under development is the creation of a mobile app that will allow SYNC owners to tap a range of discounts and consumer benefits.

Two percent of proceeds from the Foundation's asset and coin sales are directed to a program called SYNC Kids.

Looking ahead, the SYNC team recently released a new wallet and is looking to continue expanding on its existing services.

Fiol hinted at upcoming releases that will expand the scope of usability for SYNC. Educational initiative for altcoin trading takes shape.