SKYFChain ICO
What is SkyFchain ?
SkyFchain is simply a company which aim it is to build drone and autonomous cargo vehicles for big industry players backed at the blockchain! SkyFchain is aiming to become the number one at services and areas like robotic delivery, maintenance and manufacturing of unmanned air vehicles!
Overview of the market for drones
PWC estimated that the total addressable value of drone-powered solutions is 127 billion $. in all applicable industries!
The estimated value for the market for SKYF-drones is $100bn(this includes the market for agriculture, logistics, and infrastructure).
SKYFchain plans to service these 3 markets mentioned above in the first 3 years with their products.
Where are drones and unmanned vehicles used?
In which countries is SKYFchain launching their product?
The geographic launch will start in :
Russia
Kazakhstan
Canada
South America
Northern Europe
Then they will expand to New Zealand, USA and Australia
The use of a blockchain on the project
Mission planning, verification and operations support of SKYF drones(and later other drones)will be run through SKYFchain–a unique private blockchain!
-SKYFchainsuper noteholders willreceive50% oft transaction fees.
-SKYF drones will be marketed together with a franchise of a drone logistics operator.
By 2021, more than1100 SKYFdrones projected to be operating worldwide, and other drone manufacturers and owners will also be able to join theSKYFchain Operating Platform therefor increasing the number of transactions in the system.
Basic Token information
SKYFchain offers you to invest in the project by owning their SKYFT token.
SKYFT token is going to be required for any transaction inside SKYFchain. So if a user requests a transaction in fiat money through a smart contract SKFchain acquires SKYFT-token at a crypto exchange to execute the transaction.
About the token sale
Project pre-sale starts 01.03.2018 12:00 UTC
and ends 31.03.2018 12:00 UTC
Project token sale starts 01.05.2018 10:00 UTC
and ends 15.06.2018 10:00 UTC
There is just a fixed amount of 1.200.000 SKFT token available
The ERC20 tokens are based on the Ethereum platform
You can invest by ETH and BTC in the project, the Token price
is 0,065 USD per 1 SKYFT
The company plans that SKYFT tokens will be traded at least at four or five crypto exchanges. This would create liquidity needed for the platform operations.
Another important point to highlight is that 20% of revenue for the first 1000 drones sold will be used to buy back SKYFT tokens
(the equivalent of $50–70M) and fund the development of the SKYFchain Operating Platform.
So lets a have a quick look at the Roadmap:
2014–2017: SKFchain collected 5.000.000 $ of funds for research and cargo drone manufacturing; Q4 a fully autonomous flight has taken place
2018–2019: development of the private blockchain; first SKYF drones are sold and expansion of the partner network to regions without strict regulation of cargo drone flights (CIS, Asia, Africa)
2020–2022: a rapid growth of SKYF drone sales is planned, aswell a inclusion of third-party drone data into SKYFchain will follow; lobbying for new regulations in developed markets will take place
2023–2025: a connection of ground and sea cargo robots is going to be implemented into the system; passenger drones to follow connection of ground and sea cargo robots into the system; passenger drones to follow
So you can see that SKYFchain has already archived great success in developing their drone since 2014.
Link to their website: https://www.skyfchain.io/
Link to the whitepaper : https://fpivc.box.com/v/SKYFchainWhitePaper
Username bitcointalk: Pumuckel21