Since the launch of this project, what has been its effect on the crypto ecosystem and what is the current progress of this project? Please I will like to get suggestions about the current state of this project.
I don't think you will get any meaningful answers. It's true SYNC has been around for a long time now, but it has a high developer turnover. It has been passed around from so many developers. And it looks like it is finally abandoned.
The History is on the first page.
History
May 17th, 2014 - Sync Launched as an exclusive investment club by mscollec with a very limited Proof-of-Work coin supply (1,000 SYNC) , and a very short Proof-of-Work phase (7,200 blocks).
Mike Fiol takes over the project a few months later and creates the Sync Foundation.
Sync Foudnation creates many interesting programs such as Airline Miles, VIP Club, Whales, Profits (Buying/Selling Domains), Loyalty Rewards and more.
Mike Fiol starts to revive the project in 2016 with TradeBits idea, but never completes the project.
1blockologist with Blockchain Development Company takes on the project in fall of 2017.
do0d makes repairs to existing code and releases an update in Q1 of 2018 as well as updating information. Interim update while 1blockologist works on long term plans.