![]() "The primary focus of the Sylo project is in generating network adoption, which leads to the creation of value in the network and the token. What is the goal for how the Sylo project will be monetized in the future? It is important to note that the main revenue generator is often NOT the main source of monetization. The Sylo project holds a portion of the supply of the token, which can be used in the future to finance initiatives that drive network value."Ĥ. The Sylo Network, which is a long-term value generator based on network adoption and creating demand and value in the Sylo token (SYLO). This can occur on both direct paid development, as well as a revenue-share basis. For example, the integration of features of various other projects, assets and blockchains within its apps. Sylo generates inflows via conducting developments with partner projects. Example, the Tezos baking service in the Sylo Smart Wallet, Sylo shares in the XTZ rewards generated when users use this service.ĭevelopment partnerships. "There are a number of areas in which Sylo generates value. ![]() There is also a lot of additional information available via our blog accessible here: Sylo - Mediumģ.What is expected to be the main revenue generator? For deeper information on the Sylo network, here is a great resource: Overview. One example of an application that was developed on Sylo network by the core team, is the Sylo Smart Wallet, which can be found in app stores. The Sylo project has quite a large scope, covering multiple projects and applications, in addition to the network. Leveraging decentralised technologies enables the removal of centralised entities, improving privacy and data sovereignty for users of the network. The power in this is that it enables a community of users to run nodes to help facilitate communications across the network and have the opportunity to earn in return for providing these services. Sylo has developed a decentralised communications network enabling the facilitation of communications across a network without reliance on a single centralised party. "The core development at the heart of Sylo is the Sylo Network. What is SYLO? In simple terms for the novice and complex terms for those knowledgeable with crypto Note, this shows the core team, we also work with a large number of collaborators all over the world.Ģ. We’ve recently grown a bit, so expect some new profiles added in the coming months. "Team members and bios can be found on our website about page: About us. Please provide updated in depth bios for the founders and current team leads. Also remember to review the possible negatives I have listed near the end of the article that may negatively impact an investment.īelow are all of the questions with his unedited responses: While I agree with most of what has been said it is of paramount concern that you realize these comments are from a (naturally) biased source. After a slight back and forth I was able to secure a quick list of questions with Dorian.ĪUTHORS NOTE: As expected, most of Dorian's answers are from a pro business and bullish standpoint. He got me in touch with Sylo Co-Founder and Business Director Dorian Johannink. While perusing the community I ran across one of their administrators. While researching Sylo I decided to review their Telegram community on the Telegram app. Remember when MySpace was king and no one thought they could be upended? And a small company named Facebook (META) came into existence? Never underestimate the underdog, and Sylo is clearly an underdog but they are attempting to change that by positioning themselves to be a huge player in the Metaverse. Sylo is a decentralized, distributed infrastructure that is attempting to attract both users and investors due to the multiple projects the company is working on. So lets talk Sylo.įirst, let's examine what Sylo is. With that being said, I am also viewing the investment as 100% speculative and I urge you to do likewise. ![]() ![]() At the end of the day, what I am ultimately looking for is an ultra cheap unfollowed alt coin with an insanely low market cap that has a real world product/use. In the crypto world of Bitcoin and Ethereum investments, Sylo ( SYLO-USD) is an alt coin you likely never heard of. ![]()
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