SKYFchain SKYFT ICO Review

What is SKYFchain SKYFT?

SKYFchain is a blockchain based financing tool for the cargo robots industry. The SKYFchain operating platform is launched with ICO. It is a shared and proven database of unmanned cargo drones’ and vehicles’ data.

The SKYFchain is also a financial tool which allows transactions to be carried out on the platform through the use of cryptocurrency. It offers individuals and institutions such as banks comprehensive data and substantive control over the assets through use of smart contracts. It seeks to unlock financing for the Cargo Robots industry.

SKYF Drone

SKYF is the world’s first industrial heavy cargo drone and the first cargo drone with the capability of vertical take-off and landing. It can be used in a range of applications with the most popular ones currently being agriculture, logistics and emergency relief.

The SKYF can carry a useful load of up to 400kg and has a flight range of up to 350 km. The SKYF drone is versatile and can be quickly adapted to suit different purposes, national regulations, and climatic conditions.

SKYF Operations

The SKFchain platform will store and verify all data related to drones operation. It will contain a shared distributed ledger that will be a trusted source of the industrial drone data such as the drone specs and maintenance history, pilot and operations license data and mission plan and routes.

It would also act as a verification of the right of operation and route verification before each flight to ensure 100 % safety compliance. SKYFchain has the sole rights for mission planning, verification, and operations support of SKYF drones.

SKYFchain SKYFT ICO

SKYFchain is launching its ICO to distribute the nodes of the SKYFchain. The blockchain node holders would harvest transaction fees. It also aims to collect funds for the development and marketing of the SKYFchain around the globe. Pre-ICO is coming on 1 March 2018.

SKYFchain SKYFT Token

SKYFchain is using the SKYFT token, which is a utility token issued at ICO. There is a fixed amount of 1200000 tokens. The ICO-end price will be 65 USD per 1 SKYFT token. SKYFT is compliant with SEC of the US and Internal currency of the SKYFchain Operating System.

All participants of the SKYFchain crowdsale may become node holders in the SKYFchain. All node holders are entitled to earn 70% of all transaction commissions generated on the SKYFchain Operating Platform.

Roll Out Plans

The Project Roadmap of SKYFchain runs from 2014 – 2025. In 2021, more than 1100 SKYF drones are expected to be operational, and other drones will be added to the system. SKYF intends to develop both licensed manufacturing and franchise business models.

Why You Should Consider Joining SKYFchain

Research conducted by PWC shows the market size for commercial drones is $127 billion. Drones are primarily used for agriculture, construction, transportation, and infrastructure. SKYF’s adaptable design is predicted to address $100b of that total market opportunity.

The market is already showing signs of promising returns with big companies successfully selling commercial drones. Yamaha and DJI are some of the companies already reaping profits from the market.

SKYF is bound to be successful due to its uniqueness from other drones in the market. SKYF has long flight time, heavy carrying capacity and ease of production that is superior to that of any other drone on the market.

How Can SKYFchain SKYFT Be Helpful To You?

SKYF drone is readily adaptable to several application areas. You can use it in agriculture to spray plantations, you can use it in construction to lift construction material, and it can also be used for transportation of materials among many other uses.

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[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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