SYLO- The decentralized platform to connect, communicate and securely share data

in Trading4 months ago

Web3 is looking to distinguish itself from its predecessor by promoting decentralisation and community governance. Similarly, cryptocurrency was invented to eschew the evolvement of middlemen with a focus on financial transaction.

As a crypto and Web3 project, Sylo was created to fulfil these purposes, to allow communication and data sharing without any centralised authority. Sort of like an ecosystem of products that facilitates decentralised communication in this Web3 era.

Sylo works by powering its service from a series of nodes, which are independent computers that run the software, acting as the computational power that enables one wallet address to communicate with another.

$SYLO, the native token, rewards independent parties for running the network, finances and encourages nodes to take part in the system. Since the launch of the token, it’s had a volatile and active price history but is now building nicely, gaining more credibility from top tier CEX listings like the imminent Bitget listing.

Data privacy is crucial, SYLO is dedicated to providing users with end-to-end encryption to protect their messages, calls, and data from unauthorized access.

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