What Sylo has been doing recently is really beneficial to the whole technology field and other companies as a lesson. They didn't start from scratch on decentralization, because they have been around for a few years. But after reaching all the tech limits on their current Sylo communication platform, their team saw the advantage of integrating blockchain technology to provide ultimate private P2P communication through nodes and blockchain signaling. I'm curious to see how will your beta work after release.
Yea, this is quite correct. People mistake this tech company as an average ICO. The funding was done so that they can work on their own blockchain protocol (Sylo protocol) and improve their current application which has years in the market right now, being used by more than 20,000 users and businesses.