SKYFchain (SKYFT) ICO
Past ICOMar 10, 2018 – Aug 15, 2018
SKYFchain is a B2R (Business 2 Robots) Operating Platform for Cargo Robotics Industry.
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SKYFchain is the B2R blockchain based operating platform applicable in all sectors of a developing cargo robotics industry with initial focus on breaking up the airborne cargo drones industry.
The SKYFChain Operating Platform will based on private blockhain. It will use ERC20 compatible protocol for SKYFT tokens and build payment channels for exchange transactions. SKYFchain will be designed to exclude the human as an intermediary and SKYFchain will have access to confirmed clients of the industrial heavy duty cargo drone the SKYF drone, which is already flying.
Technically the main purpose of the SKYFchain is to integrate critical information for all market participants and organize execution of smart-contracts for transactions. SKYFchain aims to create the industry of airborne cargo drones and later invite groundborne and sea-borne cargo robots for the business opportunities in financing, manufacturing, operations, maintenance, insurance, and authorization of drones and robots.
A user requests a transaction in SKYFchain and pays in fiat money through his smart contract. SKYFchain acquires SKYFT tokens at a crypto exchange to execute the transaction.
SKYFchain aims to sell the first SKYF drones and expend the network of SKYFchain`s patners to the regions where cargo drones flights are not strictly regulated (CIS, Asia, Africa).
ICO DetailsPre-ICO token supply: 51300000
ICO token supply: 528000000
Soft cap: 5,000,000 USD
Hard cap: 30,000,000 USD
Raised: 4,737,608 USD
LegalCountry limitations: China, Singapore
Registration country: Estonia
Registration year: 2017
Office address: Tööstuse 48a-406, Tallinncity, Harjucounty, Estonia
Token infoTicker: SKYFT
Token standard: ERC-20
Token price in USD: 1 Token = 0.065000 USD
Accepted currencies: ETH, BTC
Pre sale: 40% discount
Open sale: 30% discount
44% Crowdsale (PreICO and ICO)
15% Network Development Fund (NDF) to support super nodes during the first three years of blockchain operations.(50% of NDF will be spent in the first year, 35% during the 2nd year and 15% during the 3rd year)
10% Community Development Fund (CDF) - to stimulate the growth of the partners network and developer’s community.
9,5% Reserve (frozen for 1 year)
1,5% Bounty fund
20% Team (vested for 1 year)
45% - Research & Development
25% - Marketing & Platform Development
24% - Operations, Business and Corporate Development
6% - Legal & Administrative
SKYFchain (SKYFT) ICO Roadmap
securing $5 mln of VC funding; design and manufacturing of SKYF cargo drones;successful aerodynamic tests; fully autonomous flights Q4 2017.
SKYFchain project spin-off from the SKYF project; research intothe most suitable technology and development of a private blockchainnetwork; Development of logic and data ofthe SKYFchain OPin tight cooperation with all cargo robotics market stakeholders (hardware producers, operators/clients, authorities, banks/leasing companies); creation of the international legal structure; sale of the first assembled SKYF drones and expansion of the partner networkin the regions without strict regulationsondrone flights (CIS, Asia, and Africa).
dissemination of theprivate block chainnetwork nodes among market participants; launch of the with a franchise of a drone logistics operator and a license for third-party drone producers.
rapid growth inSKYF drone sales, as a consequence of expansion of the franchise of a drone logistics operator and growth of number of licensed drone producers around the world; start of educational campaign and workshops for producers of other types of drones.
inclusion of third-party airborne drones into the SKYFchain; lobbying for new regulations in developed marketsthrough industry associations and round-tables.
inclusion of ground and sea-bornecargo robotsinto the system.
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