![]() However, I think that this project could be massive. Well keep in mind, I am not your advisor, this is just Reddit. SYLO describes their wallet as “Digital wallet meets private messenger”. This app has come a long way and has massive potential. By running a Sylo Node, users earn Sylo Token in exchange for their device automatically providing critical services to the network (Set to release this month.įurther, SYLO has its own app in both Google pay store and the Apple App Store in which users can Send money, Stake (coming this month), and use their scanner to find real life items in store. Instead of centralised cloud server infrastructure, Sylo users create the decentralised Sylo Network together by running Sylo Node software on their own computers. Applications use the network for decentralised, private communication, storage, and micro-payments. The Sylo Network is a decentralised communication and storage network with the performance and scalability to support millions of users. The team is doxxed, there is a long and detailed roadmap (which is listed below), and big exchange platforms. To start things off, this weeks top Low Cap Gem is going to be: SYLO.įor those who do not know, SYLO is an incredible tool that just has not exploded yet. Even though I take great time and care for each project I research, please, DYOR. Further, I will try my upmost hardest to ensure that each coin has a safe platform, doxxed devs, exchanges, and huge potential for growth. These coins I list will be a legit project, under 50m market cap, and be listed on CoinMarketCap and CoinGecko. Fear not, I have taken it upon myself to present a new coin every week. 005, with only a few exchanges (KuCoin has most of the volume).Hello All, I know recently Reddit has been filled with constant sh/t coins and fake projects aimed at stealing your BNB. Market cap is only $16M, currently trading around.The team has been working hard and rolling out features but not doing any marketing yet. From an investment perspective it is way early for $SYLO.Sylo comes from Centrality.AI founder, same guy behind CENNZnet, plugdefi, and other New Zealand crypto startups that are also kicking ass.$SYLO is an ERC20 token but there are rumors of it migrating to a less expensive chain (just rumors at this point).It uses $SYLO as a staking and validation token, which allows anyone to run their own Sylo node by staking $SYLO or investors can contribute to $SYLO liquidity pools.Sylo partnered with Jasmy Corp to develop some of the foundations of Jasmy's tech which is rolling out now (major deals accounted between Jasmy and Transcosmos the biggest call center in Japan), so potential millions of new Sylo wallet holders incoming.Sylo team is solid, just grew from 19 to 30 people and the team is saying big things are ahead with Metaverse deals to be announced.The app supports sending / receiving crypto easily in the context of a chat, also support for NFTs and dAPPs within the app.It's a crypto wallet with support for over 100 common cryptos with more coming.Sylo App is in Apple and Google App Store. It is a secure messaging app (built on Signal's libraries to offer end-to-end encryption) including support for voice and video chat.It's positioning itself as the decentralized communicator for the Metaverse, keeping your comms, identity, and crypto secure.Sylo is a blockchain-based decentralized communications and wallet platform. Disclaimer - I did just fill up a bag, and am still accumulating. It's come up in this sub before but I think it's set to blow up in next few months. I wanted to call attention to this low market cap sleeper.
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