[ANN][TGE][AIRDROP] Sylo - decentralised communication network and ecosystem
WELCOME TO SYLO
WHAT IS SYLO?
Sylo is a decentralised network, protocol and communications platform.
The Sylo network is a decentralised communication network with the performance and scalability to support millions of users and businesses. An extensible infrastructure owned by no one, it offers the world what centralised businesses are unwilling or unable to provide.
Powered by Sylo micropayments and the $SYLO token, it connects users via the Sylo Protocol, a robust, mobile-first, peer-to-peer communication protocol designed to support powerful DApps.
The Sylo Smart Wallet, a digital wallet meets private messenger is the standout DApp already built on the Sylo Protocol and has over 100,000 users to date.
HOW IT WORKS?
The Sylo Protocol allows devices on the network to communicate and contribute without any requirement for a central party.
Applications run on the network, sharing state autonomously to provide privacy-by-design, decentralised services.
Parties earn micropayments of $SYLO in exchange for providing value-added services to the network.
UNDERSTANDING THE SYLO NETWORK
SYLO TOKEN
Sylo tokens ($SYLO) are an ERC20-compatible cryptocurrency token that fuel the Sylo Network.
They provide value by allowing users to become a Service Peer and offer services on the network, consume micro-services on the Sylo Network and to use specific services available in the Sylo Smart Wallet.
SERVICE PEERS
Service Peers are peers that have chosen to offer services to the Sylo Network.
Service Peers earn $SYLO by providing services like Inboxing, File Storage, Peer Discovery, NAT Traversal, Relays, MultiHop, and VPNs to the Sylo Network.
STAKING
For peers to become Service Peers, they stake $SYLO in a smart contract which advertises their services to the network.
The amount of $SYLO a Service Peer stakes affects how many peers use them and therefore how much they get paid.
Staked tokens have a cool-down period of three months to protect against network attacks and to provide time for clients to migrate to different Service Peers.
MICRO PAYMENTS
The Sylo Network is a Layer 2 probabilistic payments system with low transaction fees and limitlessly scalable transaction volume when compared to current blockchains. It is a custom built implementation making feasible the trustless provision of micro-services in a decentralised setting.
Clients create $SYLO backed 'tickets' that have a probability of winning $SYLO and send them to Service Peers in exchange for the services they provide. Service Peers redeem winning tickets for $SYLO tokens.
WHY SYLO?
We believe in an equitable, accessible, authentic world made real by decentralisation.
OUR VISION
Our goal is to enable an internet of values; of equity, efficiency, transparency, authenticity and freedom of access.
With the Sylo Protocol for decentralised communication and a rapidly growing, global application, the Sylo Smart Wallet demonstrating its capabilities, our team have set the stage for a real decentralised future. We are now looking for a wave of developers, contributors, partners, evangelists, and users to help us build this future, a future that realigns technology, and puts individuals back in the drivers seats of their experiences.
DEPLOYMENT
After over half a decade of research and development, the Sylo team have met the benchmarks previously set by the centralised mainstream giants through the delivery of a state of the art communications protocol, enabling developers to build values-aligned solutions without compromising their values. This benchmark has further been demonstrated through delivery of the Sylo Smart Wallet messenger application, which has been deployed on the Sylo Protocol infrastructure.
The Sylo Smart Wallet was created to provide users a tangible Web3.0 experience. For users, this is a place that puts them at the centre of their world, so that they can easily transact with digital assets, safely communicate, control their data, and seamlessly navigate between different pieces of functionality with one identity. For enterprise, this is an environment where they can operate a more ethical business and get more value for campaigns from the same effort.
The Sylo Smart Wallet was released to global app stores in Q4 2019 and has rapidly gained adoption by hundreds of thousands of users around the world. This demonstrates the ability for a Web3.0 infrastructure based platform to not only scale, but achieve user buy-in against mainstream platforms and services at an experience level.
The Sylo Smart Wallet is the initial driving force growing the Sylo Network. By leading the deployment of the Sylo Network via means of a consumer-friendly application, we have aimed to significantly lower the barriers to the adoption of decentralisation.
GET INVOLVED
Learn how to use and integrate the technologies and protocols developed at Sylo in the Sylo Developer Portal.
READ THE WHITEPAPERS:
Sylo Protocol
Sylo Network Incentivisation
Be part of our community
