Google Maps, Meet Blockchain -- Soar is the worlds first decentralized SuperMap
Soar, the world's first decentralized super map
Soar has created a multi-tiered aggregate of data and mapping images, such as drone images aerial images and satellite images and combined them together in a digital aggregate, creating the Soar supermap, the largest and most complex geospatial imaging platform, hosted on a decentralized network.
The Soar Network
The idea behind Soar originated in 2012 in the Australian Outback after several high-profile mining companies requested the creation of a mapping engine that their employees could use on mobile devices anywhere in the outback. Soar was the product of two years of research and testing.
The Soar platform was eventually adopted for defense and security applications so that soldiers could have accurate detailed maps available at any time without online access. The Soar team was able to produce highly effective, reliable and accurate maps that could be used in offline applications on mobile devices.
The Soar network will act as an aggregate for all available satellite aerial and drone imagery. Currently most of these photos are used for a single-use and then discarded. Soar hopes to act as an aggregate for these, combining them all into a multi-tiered super map, that will then be hosted on the decentralized network.
Data Generation
The soar network will offer variable rewards for the aerial mapping of different areas. Primarily, urban areas will require more mapping and will therefore be more valuable to Soar users. This will cause those areas to generate more rewards, and in turn, motivate more users to create relevant data.
This platform, with proper motivation, will allow drone users and other individuals to generate income through the production of high-quality aerial photographs.
Additionally, users can create bounties for specific areas, motivating users to submit data from that geospatial region.
Users will be able to buy and sell data on the Soar network, earning commission, maintaining 100% ownership of their content and experiencing the radical benefits of 100% transparent see-through Blockchain technology.
Holding/Staking SKYM
Holders of SKYM will be able to stake their coins by claiming a physical area which they will then be able to earn revenue on based on the amount of mapping data that is generated from that area.
Essentially, users will be able to buy areas of the Soar Network, or super map, so that they can claim a percentage of the rewards that are generated for specific area. For example, someone could stake their tokens in the New York City “Times Square” area, and earn a portion of the commissions that are created for all of the footage that is taken of Times Square.
The Platform
Because of the high quality and high volume of data on the Soar network, the Soar supermap is able to offer higher resolution, completely dynamic content, with almost daily updates. It allows for a searchable image history and is a consensus driven model where the users decide what data is stored and used for the map. Most importantly it is completely owned and operated by the community of Soar owners and users
The Soar super map has the ability to serve many different industries including agriculture, mining, environmental, urban planning and more. Additionally, all users of the soar map will have access to a near infinite amount of data about businesses and services nearby, local things to do, and as much information as they want about the things around them.
Soar has already released its beta prototype of its supermap and is testing it in order to demonstrate the power of the soar platform. They have secured over 600 drone operators and the footage that has been created by those individuals. Additionally, they have obtained access to more than 1,500 terabytes of historical satellite imagery.
The Market
Soar is targeting a quickly growing geospatial market. It is predicted to be worth over 350 billion by the year 2025. By 2020 alone there will be over 50 satellites, 1000 aerial systems and 22 million drones focused on mapping the earth. There is an ever-increasing overlap between consumer and commercial technologies, which will allow Soar to create a vastly superior product to existing geospatial mapping systems.
The Token
Soar will be minting 350 million SKYM tokens. The majority of tokens will be sold in a private sale at the price of $0.15. Soar will also hold a public sale, selling 15 million SKYM at the price of $0.20 per token. Up to 15% will be distributed to partnerships and advisors with approximately 30% remaining for the team and the production of the Soar ecosystem.
Soar is aiming for a hard cap of 20 million dollars with a total token valuation of 70 million dollars at the time of listing. They have generated such strategic investors as JRR crypto, H Capital, and Lateral. They are also collaborating with projects such as Alibaba Cloud, DJI and Tokenneed, a popular token listing platform. They have put together a strong and experienced team, with CEO and Founder Amir Farhand leading the project with an extensive list of team members supporting him
Token Sale
Soar is currently accepting whitelist members for their pre-sale. You can register for the pre-sale on their website.
All you will need to do is input your name email and Tokeneed id, and then tell them your desired allocation amount.
They will be selling 115,000,000 SKYM (32.9%) in their private sale at the price of $.15 usd per token.They will be selling 15,000,000 SKYM (4.3%) in their public sale at the price of $.20 per token. The public and private sales end dates have not yet been announced at time of posting (9/30)
Soar is a very interesting project that is focused on a quickly expanding industry. The geospatial mapping industry is one that is utilized by many large industries such as agriculture, mining and environmental sciences.
Soar hopes to capitalize on the readily available amount of aerial footage and data that is currently being used for primarily one-time-use edges, and aggregate all of the data together into one super map. This super map would exist as a conglomerate of data from drones, aerial imagery devices and satellites.
Soar has been in existence since 2012 after being commissioned by a mining agency to create an extensive and reliable database with offline accessibility. Soar will be running its own blockchain and is currently launching an ICO with an ERC-20 token.
You can currently buy SKYM tokens from the Soar network in their private sale or you can wait for the launch of their public sale.
Soar is definitely an interesting project working on a very, very interesting problem. They have a strong team, a wealth advisers and investors, and are doing very good at maintaining their ambitious roadmap. They have already launched a test net beta and are aiming to launch a full version of their product in the year 2019. They will surely change the way we think about mobile technology and how we use it in our lives. Let’s hope they have a smooth launch and continue to bring innovative technology to the masses.
Soar Official Website: https://t.me/SoarEarth
Campaign Special Link: https://soar.earth/?utm_source=content&utm_medium=bounty
Krypital Bounty Group: https://t.me/KrypitalBounty
Soar Telegram Group: https://t.me/SoarEarth
Krypital News: https://t.me/KrypitalNews
https://bitcointalk.org/index.php?action=profile;u=303605
Posted from my blog with SteemPress : http://icowatch.live/google-maps-meet-blockchain-soar-is-the-worlds-first-decentralized-supermap/