The Sylo Protocol is a decentralized communication protocol that facilitates safe and standardized connectivity between users and Connected Applications on the Sylo network. Development is underway to implement the Sylo Protocol as a fully decentralized autonomous communication, storage, and payment network able to be utilized by third-party Connected Applications.
The Sylo main token (SYLO) will be a utility token used to access and fuel the Sylo Protocol in a fully decentralized, blockchain context. SYLOs will be required to access the Sylo Protocol, and to enable real-time communication (video, voice, messaging, data streaming), charged communications, and for decentralized storage, profile and address book management.
Sylo ICO began on October 18, 2018. The ICO token supply represents 32.5% of the total token supply, so there is a total of 3,250,000,000 SYLO tokens available, for 0.0087 USD each. The ICO funding target is 5,000,000 USD, the funding cap is 25,000,000 USD and is expected to end on December 18, 2018 or when the funding cap is reached.
Token Reserve Split (67.5%):
Sylo ICO features a bounty campaign.