What is Synthetix and its application in the real world?

Synthetix is a token trading platform built on the Ethereum blockchain. The primary function of the platform is the issuing of synthetic assets. Synthetic assets are tokenized derivatives that mimic the value of another asset. This means that without holding assets such as gold or stock, a person can instead invest in a token representing the value and gain profits by trading in these tokens. Continue reading on procommun.com