SYLO
Reputation Ratings

SYLO

Sylo
Website https://www.sylo.io
Browser
OTH RELPs
Github
White Paper
Avg Price
0.00%
1D

$ 0.0011 USD

$ 0.0011 USD

Market Cap

$ 2.755 million USD

$ 2.755m USD

24h trading volume

$ 1.028 million USD

$ 1.028m USD

7d Vol

$ 6.137 million USD

$ 6.137m USD

Circulating supply

2.4316 billion SYLO

Related information

Issue Time

2000-01-01

Platform pertained to

--

Current price

$0.0011USD

Market Cap

$2.755mUSD

Volume of Transaction

24h

$1.028mUSD

Circulating supply

2.4316bSYLO

Volume of Transaction

7d

$6.137mUSD

Change

24h

0.00%

Number of Markets

23

Github Messages

More

Warehouse

None

Github's IP Address

[Copy]

Codebase Size

0

Last Updated Time

2016-02-27 08:09:02

Language Involved

--

Agreement

--

Token conversion

BTC
LTC
XRP
DASH
XMR
XLM
USDT
XEM
ETH
WAVES
ETC
NEO
ZEC
MIOTA
EOS
BCH
BNB
TRX
LINK
ADA
XTZ
REV
FIL
THETA
ZIL
HT
SNX
CEL
VET
INO
CRD
USDC
BSV
CRO
WBTC
ATOM
LEO
BUSD
DAI
HEX
XT
CCXX
IZE
YFI
DOT
UNI
AAVE
DYDX
/
USD
AUD
BRL
CAD
CHF
CLP
CNY
CZK
DKK
EUR
GBP
HKD
HUF
IDR
ILS
INR
JPY
KRW
MXN
MYR
NOK
NZD
PHP
PKR
PLN
RUB
SEK
SGD
THB
TRY
TWD
ZAR
AED
BGN
HRK
MUR
RON
ISK
NGN
COP
ARS
PEN
VND
UAH
BOB
ALL
AMD
AZN
BAM
BDT
BHD
BMD
BYN
CRC
CUP
DOP
DZD
EGP
GEL
GHS
GTQ
HNL
IQD
IRR
JMD
JOD
KES
KGS
KHR
KWD
KZT
LBP
LKR
MAD
MDL
MKD
MMK
MNT
NAD
NIO
NPR
OMR
PAB
QAR
RSD
SAR
SSP
TND
TTD
UGX
UYU
UZS
VES

Current Rate0

Available

0.00USD

Calculate

Historical Price

Introduction

Markets

3H

0.00%

1D

0.00%

1W

0.00%

1M

-28.86%

1Y

-23.93%

All

-19.78%

Aspect Information
Short Name SYLO
Full Name Sylo
Support Exchanges HTX, KuCoin, Gate.io, Uniswap, Bitget, Latoken, Sushiswap, CoinEx, Bitbns, Bitrue
Storage Wallet Coinbase Wallet, MetaMask
Customer Service Twitter, Discord

Overview of Sylo (SYLO)

The SYLO token lies at the heart of the Sylo ecosystem, serving as the staking token for interoperable metaverse services and a reward mechanism for contributors. It enables users to access services within the network and earn rewards by actively participating in the ecosystem. Through staking SYLO tokens, users strengthen the Seeker Network, which powers various Sylo services essential for an open and inclusive metaverse. Additionally, SYLO facilitates transactions and incentivizes engagement across the network, providing liquidity and utility to users. The token is available on several top-tier exchanges, ensuring accessibility and liquidity for participants within the Sylo ecosystem.

To obtain more information, you can visit their website: https://www.sylo.io and try to log in or register to use more services.

Overview of Sylo (SYLO)

Pros and Cons

Pros Cons
Enables secure communication Market volatility
Facilitates data sharing Dependency on adoption
Powers interoperability
Incentivizes participation

Pros of Sylo (SYLO):

1. Enables secure communication: Sylo token ensures privacy and security in digital interactions, safeguarding user data from unauthorized access.

2. Facilitates data sharing: Sylo token allows seamless sharing of data across decentralized platforms, fostering collaboration and innovation.

3. Powers interoperability: Sylo token promotes interaction within the open metaverse, enabling seamless integration and communication across diverse ecosystems.

4. Incentivizes participation: SYLO token rewards user engagement, encouraging active involvement and contribution to the Sylo ecosystem's growth and development.

Cons of Sylo (SYLO):

1. Market volatility: Fluctuations in value pose risks for investors and users, affecting the token's utility and value over time.

2. Dependency on adoption: Growth reliant on user acceptance and adoption, which varies based on market trends and competitive landscape.

What Makes Sylo (SYLO) Unique?

Sylo (SYLO) stands out in the cryptocurrency space due to several unique aspects:

- Interoperability Focus: Sylo is dedicated to interoperability in the open metaverse. The project aims to reimagine the way data and assets work together by providing infrastructure for seamless interoperability across different platforms and applications within the metaverse.

- Seeker Network: Sylo's Seeker Network serves as a decentralized layer facilitating data protocols for interoperability. It empowers builders to create assets and experiences future-proofed for open metaverse interoperability. The Seeker Network, along with the Sylo Graph protocol, enables users to store and share information securely across applications and experiences.

- Staking and Rewards: Sylo offers staking opportunities exclusively to Seeker owners, providing them with a quick and easy way to earn SYLO tokens. By staking SYLO, users not only receive rewards but also help strengthen the Seeker Network, contributing to its overall resilience and functionality.

- Utility Token: The SYLO token serves as the core utility token within the Sylo ecosystem. It enables users to access various services on the network and can be earned by contributing to the ecosystem. Additionally, SYLO tokens facilitate transactions and incentivize engagement across the network.

- FuturePass Digital Identity: Sylo integrates FuturePass digital identity alongside its decentralized Seeker Network and Sylo Graph protocol. This combination enables users to store and share verified information about themselves securely, enhancing trust and identity management within the metaverse.

- Oracles for Metaverse and Gaming: Sylo plans to launch a novel Oracle system tailored specifically for the metaverse and gaming applications. This system will allow developers to verify off-chain data and events such as user rankings, achievements, and in-game rewards, thereby enhancing performance and scalability within the ecosystem.

Overall, Sylo's focus on interoperability, decentralized infrastructure, staking incentives, and digital identity solutions sets it apart, positioning it as a key player in shaping the future of the open metaverse.

What Makes Sylo (SYLO) Unique?

How does Sylo (SYLO) Work?

Sylo (SYLO) operates through several key components and mechanisms to achieve its goals of facilitating interoperability in the open metaverse:

- Seeker Network: At the core of the Sylo ecosystem is the Seeker Network, a decentralized layer that powers data protocols for interoperability. The Seeker Network empowers builders to create assets and experiences that are future-proofed for interoperability across various platforms and applications within the metaverse.

- Sylo Graph Protocol: Working alongside the Seeker Network, the Sylo Graph Protocol enables users to store and share information securely across applications and experiences. It ensures data integrity and facilitates seamless communication and interaction within the metaverse.

- Staking Mechanism: Sylo offers staking opportunities exclusively to Seeker owners. By staking SYLO tokens, users contribute to the strength and resilience of the Seeker Network while earning rewards for their participation. This staking mechanism incentivizes users to actively engage with the ecosystem and supports the network's growth and development.

- FuturePass Digital Identity: Sylo integrates FuturePass digital identity alongside its decentralized infrastructure to provide users with secure and verified identity management solutions. FuturePass enables users to store and share verified information about themselves, enhancing trust and identity management within the metaverse.

- SYLO Token: As the core utility token within the Sylo ecosystem, SYLO tokens facilitate transactions, access to services, and incentivize engagement across the network. Users can earn SYLO tokens by staking, contributing to the ecosystem, or participating in various activities within the network.

- Oracles for Metaverse and Gaming: Sylo plans to launch a novel Oracle system designed specifically for the metaverse and gaming applications. These Oracles will allow developers to verify off-chain data and events, such as user rankings, achievements, and in-game rewards, thereby enhancing performance and scalability within the ecosystem.

Through these components and mechanisms, Sylo works to create an open and inclusive metaverse where data and assets can seamlessly interact and users can securely engage with various experiences across different platforms and applications.

How does Sylo (SYLO) Work?

Market & Price

Sylo (SYLO) currently trades at $0.003884 on Mar 19, 2024, with a 24-hour price change of 13.25%, displaying significant volatility within the cryptocurrency market. The market capitalization stands at $9,443,961, positioning Sylo as the 1113th largest cryptocurrency by market cap. The 24-hour trading volume is $1,625,055, indicating moderate market activity.

With a circulating supply of 2,431,617,492 SYLO tokens out of a total supply of 10,000,000,000 SYLO, the project demonstrates a degree of token distribution. However, the fully diluted market cap, considering the maximum supply, amounts to $38,838,184, showcasing the potential for growth.

Despite recent fluctuations, Sylo's price has experienced volatility, with a 24-hour high of $0.004474 and a low of $0.003819. While the token has reached an all-time high of $0.01491 on May 12, 2021, it has also experienced significant fluctuations, reflecting the inherent volatility and speculative nature of the cryptocurrency market.

Market & Price

Exchanges to Buy Sylo (SYLO)

SYLO can be purchased on several exchanges:

1. KuCoin: Well-established exchange offering a wide variety of cryptocurrencies for trading, including SYLO.

Step Description
1. Acquire Crypto Obtain stablecoins (USDT) or transfer existing crypto to KuCoin.
2. Transfer to Trading Account Move your crypto to your KuCoin Trading Account.
3. Find SYLO Pair Locate the desired SYLO trading pair (e.g., SYLO/USDT).
4. Place Order Use market or limit order to buy SYLO at desired price or instantly.
5. Receive SYLO Upon successful order execution, SYLO will be available in your Trading Account.

Buying link: https://www.kucoin.com/how-to-buy/sylo.

    2. Gate.io: Popular exchange known for a large selection of digital assets, with SYLO available for trading.

    Step Description
    1. Create Account (or Login) Sign up for a new Gate.io account or log in to your existing one.
    2. KYC & Security Verification Complete KYC and security verification processes.
    3. Choose Purchase Method Select your preferred method (Spot Trading, Bank Transfer, Credit Card).
    4. Buy SYLO Set a market price or desired price for the SYLO/USDT pair.
    5. Purchase Complete Your SYLO will be deposited to your Gate.io wallet.
  • Buying link: https://www.gate.io/how-to-buy/sylo-sylo.

You can also buy Sylo (SYLO) on Uniswap, Bitget, Latoken, Sushiswap, CoinEx, Bitbns and Bitrue. Each exchange has their own user base, trading features, fees, security measures, and ease of use, which should be considered before deciding which exchange to use for purchasing SYLO tokens. Please also note that the supported currency pairs may change over time based on the exchange's policies and market conditions.

    How to Store Sylo (SYLO)?

    There are several methods available for storing SYLO tokens, catering to different levels of usability and security. Selecting which type to utilize depends largely on individual requirements and the frequency of SYLO token use.

    1. Coinbase Wallet: Coinbase Wallet is a non-custodial wallet provided by Coinbase, one of the largest cryptocurrency exchanges. It allows users to securely store various ERC-20 tokens, including Sylo (SYLO). The wallet provides a user-friendly interface, decentralized storage, and supports features such as decentralized applications (DApps) and decentralized finance (DeFi) protocols.

    2. MetaMask: MetaMask is a popular Ethereum wallet that functions as a browser extension for Chrome, Firefox, and other browsers. It enables users to interact with Ethereum-based decentralized applications (DApps) and store Ethereum and ERC-20 tokens, including Sylo (SYLO). MetaMask offers features such as multi-chain support, token swaps, and integration with Web3 protocols.

    How to Store Sylo (SYLO)?

    How to Earn Sylo (SYLO)?

    Earning SYLO tokens primarily involves participation within the Sylo ecosystem. Here are a few methods:

  • Staking: Staking opportunities are exclusively available to Seeker owners within the Sylo ecosystem. By staking SYLO tokens, Seeker owners not only contribute to the strength and resilience of the Seeker Network but also earn rewards for their participation. Staking SYLO tokens can be a quick and easy way to receive additional tokens while supporting the growth of the Sylo ecosystem.

  • Seeker Nodes Participation: The Seeker Network is rolling out its initial steps through a closed-beta rollout, led by Futureverse powering Seeker Nodes. Partners and eventually Seekers will have the opportunity to participate by setting up their own Seeker Nodes. Although this phase is currently in a closed beta, future releases are expected to transition to an open beta where Seekers can set up their own Seeker Nodes, potentially providing opportunities for earning SYLO tokens.

  • Participating in the Sylo Ecosystem: Users can potentially earn SYLO tokens by actively participating in the Sylo ecosystem, such as by providing liquidity, engaging in decentralized applications (DApps) or decentralized finance (DeFi) protocols built on the Sylo platform, or contributing to the network's growth and development in various ways.

    How to Earn Sylo (SYLO)?
  • Conclusion

    With features like staking for Seeker owners and the Seeker Network's development, Sylo offers opportunities for engagement and rewards within its ecosystem.

    The development prospects of Sylo seem favorable as it provides unique features that bridge communication and blockchain, which is a relatively untapped niche. The integration of a native token within its application potentially adds to its value proposition, offering various functionalities beyond traditional financial transactions.

    Like all cryptocurrencies, making money or appreciating in value with SYLO is largely dependent on market performance and conditions. As a relative newcomer compared to larger, more established cryptocurrencies, Sylo shows potential for growth, but it's also subject to market risks and volatility.

    FAQs

    Q: What is the underlying tech infrastructure for Sylo?

    A: The underlying tech infrastructure for Sylo revolves around decentralized protocols such as the Seeker Network and Sylo Graph Protocol. These protocols enable secure communication, data sharing, and interoperability within the open metaverse, powered by blockchain technology.

    Q: Where can I buy SYLO tokens?

    A: SYLO tokens can be acquired on various exchanges including HTX, KuCoin, Gate.io, Uniswap, Bitget, Latoken, Sushiswap, CoinEx, Bitbns, Bitrue

    Q: How can I store my SYLO tokens securely?

    A: SYLO tokens can be stored in like MetaMask and coinbase wallet.

    Risk Warning

    Investing in cryptocurrencies requires an understanding of potential risks, including unstable prices, security threats, and regulatory shifts. Thorough research and professional guidance are advised for any such investment activities, recognizing these mentioned risks are just part of a wider risk environment.

User Reviews

More

0 ratings

Participate in evaluation
Post comments, leave your thoughts and feelings
make a comment