We are in a generation where data is the ultimate gold, in decades past, nobody would have cared for about their data or what it is being used for but in these days where social media is now deeply integrated into the fabric of society, Data has turned to Gold overnight, all the big companies need it, all the scientists strive hard to obtain it, all the gossip columnists pray for a juicy scandal they can write about, in the middle of all this organised madness, Data reigns supreme.
Having the right data at all times almost guarantees you a definite win in every situation, many shady individuals has resorted to obtaining that data through fraudulent means and it goes without saying that the wrong data in the wrong hands can spell doom for an individual, it has been known to topple nations and bring powerful individuals to their knees in utter shame and humiliation.
Data leaks are a menace in our society now and it just doesn't affect the regular people, it also affects the popular people and celebrities in the society, one of such prime examples of this was the August 2014 leak in which over 500 private pictures of celebrities were leaked online, most of those affected were women.
I could give you a thousand examples of data breaches that happened because of insecure communication networks that we utilise but I would not bore you with all that, let me just remind you of one of the most recent but huge one that involved social media giants FaceBook in which they were accused of illegally collecting huge demographic and behavioural data about their users and this wasn't the only data collecting scandal associated with Facebook.
This has made it imperative for the establishment of a decentralised communication system that not just only guarantees the security and privacy of your messages and communication, a communication network that is fully Decentralised and trustless meaning that there is no centralised body in charge of the messages who can abuse the power they have over the users just like Facebook did, a decentralised communications application that would work seamlessly with other connected d'Apps in it's network to create a truly secure and private communication network, this has made it imperative for the establishment of Sylo Protocol.
Sylo aims to be the one stop shop for a Decentralised, Secure and Private Communications network powered by the Sylo Token, presently the Sylo Protocol is still under development, when the Sylo Protocol is ready, other Decentralised applications can be seamless incorporated and users would have access to decentralised functionality provided by other Connected Applications. The secure communication aspects the Sylo Protocol is already up and running in the Sylo App.
The Sylo App is basically the central hub of the Sylo Protocol as it is the place where all the functionality of the Protocol would be executed, the importance of the Sylo App cannot be underestimated in the Sylo Ecosystem.
Imagine a world where you would never have to worry about the security of your data, a world where you can communicate via a private social media with peace of mind even as a celebrity because you know that your chats, pictures and videos would never end up in the wrong hands, that is a world that Sylo is making possible, and with the progress we have seen so far with the Secure communications Application that already has over 18,000 users, we know that Sylo is not just a fancy project in a whitepaper, it is an already functioning project and the whole Sylo Ecosystem would be powered by the Sylo Token.
In recent times there has been scandals involving many people, both normal and celebrities alike, many marriages has been broken, many business relations has been severed, many suicides has happened because of humiliation that couldn't be endured because of awful scandals and all these negative things has been linked to the illegal obtaining of data from the internet via our existing so-called communication networks, all this heartbreak and insecurities has to stop, it all has to come to an end and that is why the brilliant minds behind Sylo decided to establish this project which is the solution to everybody's prayers.
✓ Profile Management
✓ Confidential Communication
✓ Decentralised Address Book
✓ Decentralised Storage
✓ Connected Applications
✓ Token Wallet
The Sylo Token is the fuel that powers the Sylo Protocol Ecosystem and presently, the TGE is ongoing and you can grab your own share of the SYLO tokens Here.
Token: SYLO
Token Price: 1 SYLO = 0.0087
MVP/Prototype: Click Here
Platform: Ethereum
Accepting: ETH
Soft cap: $25,000,000
Hard cap: $35,000,000
To learn more about Sylo and all the amazing things it has to offer and the ongoing TGE, kindly check out the links below:
Website | Whitepaper | Medium | Twitter | Linkedin| Reddit | Telegram
Bounty0x Username: Collinberg
Email: [email protected]
