SYLO PROTOCOL.
Sylo protocol is a decentralised communication protocol that facilitates safe and standardised connectivity between users and Connected Applications on the Sylo network.The Sylo Protocol ecosystem consists of decentralised services, Connected Applications built on the Sylo Protocol, users, businesses and developers. It acts as the confidential networking layer for the Sylo Application, creating peer-to-peer (P2P) connections and providing an efficient way for users to interact and exchange data confidentially over the network.
The Sylo Protocol is being developed to provide completely decentralised confidential communication as a utility to all Connected Applications within the Sylo ecosystem. The Sylo Protocol will be an autonomous communication network that remunerates resources with SYLOs in exchange for facilitating confidential networking,
communication and storage functions.Powered by the blockchain and combined with other decentralised technologies, the Sylo Protocol will act as the networking layer for the Sylo App and third party Connected Applications, while also providing charging options for specific communications and services over the network.
Sylo protocol's aim is to create a positive cycle of recurring success for both users and businesses alike, on a platform that ensures all of the known benefits of decentralisation and decentralised communication can come to fruition.
The Sylo Protocol will also, ensure standardised data formats for applications as they interact with users and Sylo Storage. This allows for 'complete interoperability'; a key component to facilitate functionality and value sharing between Connected Applications within the Sylo ecosystem.
SYLO APP
The Sylo App is the hub of the Sylo ecosystem – a confidential communication application that incorporates seamless access to decentralised functionality provided by other Connected Applications using the Sylo Protocol.The Sylo Protocol provides decentralised confidential communication as a utility to the Sylo App. Sylo App is a Connected Application with its own internal flow of SYLOs between users and other Connected Applications built on the Sylo Protocol. Sylo App is a decentralised communication and calling application built on the blockchain- based Sylo Protocol. For users, Sylo will be the hub of their decentralised application ecosystem; a single application from which they can safely communicate with others, interact with businesses, find and access further decentralised functionalities provided by other Connected Applications. Sylo App will be the key connector for users and Connected Applications in the Sylo ecosystem. It will provide the backbone for a new user-first way for parties to converse safely, exchange value and work together for the mutual benefit of all involved. By bringing together familiar interaction components, new token models, and easy to use decentralised technologies, the Sylo App will seek to empower the user and mainstream a decentralised way for real people and real businesses to interact.
SYLO APP FEATURES
a) Connected Applications: From within the Sylo Application users can access other DApps built on the Sylo Protocol. Connected Applications allow users to extend the functionality of their Sylo Application, removing on-boarding friction and the need to visit the App Store.
b) Profile Management: Users manage their decentralised profile and preferred settings. Connected Applications can add custom fields and data to a user's profile as required, with the saved information remaining the property of the user yet accessible by the Connected Application.
c) Confidential Communication: Sylo provides confidential voice, video, messaging
communication and familiar communication functionality for users and businesses, built on the Sylo Protocol to ensure autonomy through decentralised communication for all users.
d) Decentralised Address Book: The Sylo address book contains a user's decentralised contacts,safely stored and accessed via the Sylo Protocol on the blockchain. A user's address book
contains their personal contacts as well as other
Connected Applications that they have interacted with in the ecosystem.
e) Decentralised Storage: From within the Sylo Application, Sylo users can access all content that they have saved as well as all content saved on behalf of them by Connected Applications accessed via Sylo. Users have full visibility over the content they have given permission for others to use.
f) Token Wallet: The Sylo Wallet doubles as a business directory for Connected Applications. Users can browse other DApps, purchase and trade tokens and move from one application to another with a single action.
CONNECTED APPLICATIONS AND SYLO
A Connected Application is a standalone application that utilises the Sylo Protocol for user communication, content storage to share in the mutual benefit of being involved in the Sylo ecosystem. Sylo will also be the user's 'source of truth' for all their interactions within any Connected Application. It will bring together for a user all of their contacts, communications, and saved data from any Connected Application, and will provide a single place to manage their profile information, relationship permissions, and generic settings across all Connected Applications that they are associated with.
Connected Applications will use the communication aspects of the Sylo Protocol as an at-cost utility, with an application fee contributing to platform maintenance. Connected Applications can also use Sylo Storage to store their user's communications to store and access profile data that they have been given permission to access by the user.
Connected Applications have the advantage of being able to run in two contexts.
They are:
- Completely independently of the Sylo Application, downloadable as their own app from app stores: The Sylo Protocol will provide decentralised communication to standalone Connected Applications via the Sylo Calling/Messaging plugin. Connected Applications can append charges to specific communications if required; a blockchain-enabled feature provided by the Sylo Protocol. Connected Applications can also use Sylo Storage to store their user's communications and access profile data that they have been given permission to access by the user.
- From within the Sylo Application: As the hub of the Sylo Network, the Sylo App will be a means for Connected Applications to further promote and foster user growth for their own independent business and token economy.
Connected Applications will benefit from being associated with functionality within the Sylo App and its user base. In this way,
Sylo will help Connected Applications gain success, providing a new channel for their own token utility, while also expanding the usefulness of the Sylo App itself for users, incrementally as new apps are connected. The following features will be included:
- A Connected Application Directory which doubles as a token wallet for tokens associated with those Connected Applications. Users can browse and download new DApps and can be incentivised to do so by Connected Applications in the form of tokens.
- A Connected Applications as Contacts where from their contact list a user can re-connect with any Connected Application that they have dealt with in the greater decentralised ecosystem.
- Connected Applications as Embedded Features where Connected Applications can integrate themselves as 'native' functions of the Sylo App and
- Connected Applications in the Sylo Chat Feed: Connected Applications have the ability to build out relevant functionality to be accessed from the Sylo chat feed.
THE SYLO TECHNOLOGY
The Sylo Protocol consists of client-side APIs and services that allow Connected Applications to confidentially perform communication functions with other users on the network. The decentralised aspects of the Sylo Protocol will be performed by two distributed services enabling confidential communication and data transfer functions; from wallet address to
wallet address. They are:
- Decentralised Signalling and
- Decentralised Storage.
Decentralized Signalling: For real-time communications, Decentralised Signalling will be used to establish encrypted, P2P connections on demand. These connections are confidential, and all communications are End to End Encrypted, flowing from one peer to another. Sylo Signalling will be a decentralised service run by resources on the Sylo network. It will provide the ability for peers to connect and is used to send messages and connectivity requests to enable reliable communication. Sylo Signalling Nodes will be remunerated in SYLOs in exchange for providing this service to the
network.
Decentralised Storage: Sylo Storage will be a decentralised network of storage resources that will be utilised by Connected Applications and users on the Sylo network in exchange for SYLOs. In addition to storage of user related content, Connected Applications within the Sylo ecosystem will be able to use Sylo Storage for anything else they may require. Content shared over the Sylo network by applications and users will be able to use Sylo Storage to provide persistent access, to ensure deliverability of in transit content, and as a backup service.
TOKEN FLOW WITHIN THE SYLO ECONOMY.
The Sylo App is a Connected Application with its own internal flow of SYLOs between users and other Connected Applications built on the Sylo Protocol.
The Sylo App will earn referral fees from Connected Applications and will earn tokens from users for value added services in the future. Excess tokens and an Application Fee are returned to Sylo Protocol Pte. Limited, the token issuing entity in exchange for ongoing development, maintenance and support.
SYLO'S TOKEN (SYLOs)
SYLOs is a utility tokens required to access the Sylo Protocol. Users and Connected Applications built on the Sylo Protocol provide the demand for SYLOs, requiring SYLOs to fuel their use of the Sylo Protocol utility. The SYLOs spent to fuel the Sylo Network flow to the providers of the decentralised services (Nodes on the Sylo Network).
Token Name: SYLOs
Total token supply: 10billion SYLOs
Token Generating Event: 3,250,000,000 SYLOs
ALLOCATION OF SYLOs IN THE TGE(TOKEN GENERATING EVENT)
Developers: 10%
Ecosystem Incentivization: 10%
Wholesale Purchase: 32.5%
DN 3010 Limited: 22.5%
Sylo Protocol Pte. Limited: 25%
Read More On
https://sylo.io/
https://sylo.io/downloads/whitepaper_en.pdf
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