Soar (SKYM ) – Platform Overview and Recent News and Events
Since you all aware about the fascinating project ‘’ Soar ‘’ , Today we would like to get more information about the Soar Platform and Its recent News and Events, as the first thing we will have look about the project first
Soar Earth Project developers say that their map will be more detailed and clear in comparison with the competitor
Project information
To create a detailed and clear picture of the map, the developers have created their own mapping technology. Simultaneously, it can be used in other areas, for example: industry, coal or gold mining, in agriculture, and also in the field of security
The project team
If, you are interested in startups, you probably noticed that a lot of projects are being created in Singapore. Soar was no exception. The main team consisted of 8 specialists from various fields. The leader of the project is Amir Farhand. He is also an expert in geospatial issues. For the integration with the technology of the block, the answer is Chris Lowe, Neil Prentice (also engaged in marketing), Marek Tlakbaba and Alasder Penman. Earlier, I mentioned that the platform will also be developed dApps-for them, the answer is Willem Vsonpol. Design and graphics on Dan Andersen
Distinctive features of the project and its objectives
First of all, the company will need to create a market of unmanned drones in order to begin work on the shooting of maps or cartridges. They will take photos and videos, and collect other necessary data.
Scope of the project
Developers expect that their content will be in demand by users around the world. The operators will start the drones and shoot the terrain, and then spread it onto the platform. This is a potentially lucrative sphere. Integrity of the data will be ensured through the use of intellectual contracts and transparency of processes. This is due to the need to protect information about the location of the operator, the time of its operation, the equipment used and other information
Necessity of Blockchain Technology
Blockchain is necessary to ensure the reliability of the downloaded information (photo, video, etc.). The army of drones will create a very detailed and reliable map, which will be constantly updated
Project Crypto
On the site are launched their own tokens called SKYM (cloud map). This coin will be used to provide interaction between content authors and their customers, as well as other services within the platform. Also tokens will be used for rewards of active users.
Consider the capabilities of the token in more detail
- access to information collected with the help of drones. Here it should be added that images can be obtained not only from drones, but also from satellite, air and through 3D rendering.
- creation of a bounty for some regions
- sponsorship of the platform
- The necessary economic component in the project ecosystem.
The cost of coins will depend on the level of demand and supply in this area. Access to the services of the platform will be open only to the owners of the tokens.
SkySponsorship
The platform is based on the network architecture and own technology Quadtree. This makes it possible to simplify the computation processes. The component of the network (cell) will be divided into 4 parts. This is necessary to achieve the necessary level of scaling. The cell has 4-n sub-cells of the initial network, where n is the number of steps to scaling. This architecture is also called Quadtree. It allows you to create software for mapping with a high expansion and an appropriate level of scaling. A distinctive feature of SkySponsorship is its high level of scaling compared to other components of the platforms. As necessary, the playground will increase.
The cost of content and the demand for the market
Everything will depend on the current demand for platform services. The more operators there are, the faster data will be added and there will be more demand. The update activity of the map data is called an intensity indicator and is reflected on the map in online mode
Soar Recent News and Events Briefs
Note – Some Contents are Copied from Soar Earth Social Media Links
Recent News
- Soar leadership recently met with a Google team at Googleplex in Singapore. STAY TUNED for some exciting announcements coming soon!
- CEO Amir Farhand hosted as a featured speaker at the “LD Capital & Friends Exclusive Lunch” in Singapore on September 18th, where, he explained how Soar is building the world’s first super map, you can check what he said at the event on their social media pages
- Soar Earth CEO & Founder presented at the capital and friends in Singapore
- The Soar team and CEO will be attending the WA-Asia Tech Invest Summit, hosted by Lateral Capital Ventures on the 3rd of October
Events
Soar will be giving up to 5000 SKYM ( Native Tokens ) lucky voters through telegram
It shows in their twitter account as follows with the instructions
‘’ Up to 5,000 SKYM Tokens for lucky voters! Join Soar telegram group: https://t.me/SoarEarth & https://t.me/KrypitalBounty . Send message in the group as “I pick # ” to vote and support your favorite photograph ‘’Double Rewards completion will be taken place as follows, you can join too
Twitter Extractions
‘’ DOUBLE REWARDS! 6 FREE DJI Drones + 5,000 SKYM Tokens! Everyone has a chance to win! Refer friends to join the @SoarEarth telegram group now! Drawing for lucky participants occurs when we reach 10,000 members ‘’
- Soar Worldwide Photo Completion is the most interesting event on the Soar Platform
Twitter Extractions
‘’ Soar’s Worldwide Photography Competition is available to enter NOW! Win a #DJI#Drone as well as SKYM tokens. Visit https://sites.google.com/krypital.com/soar/home …for more details ‘’
After having a detailed looked at the Soar Earth News and Events, I’d like to talk about the Soar Platform again as the Wrapping Up topic to the conversation
Token Sale
Coins will be sold at the Tokeneed site. At the first stage, the project managed to collect 17 thousand dollars. Started registration in Public Sale.
Crowdsale will offer 510 million coins. Of these, one third of the sales are for sale - 137.7 million. The platform token is released on the ERC-20 standard and the Ethereum platform. The hard cover is $ 19.5 million. The air and bitcoins are accepted as payment
How to allocate the funds received: 12.3% - allocated for the project team, 19.4% for the development of the project, 15.4% for the community involvement and formation, 2% for the advisers, 13.7% for the project partners, 32, 9% - Pre-Sale, 4.3% - crowdsale
The Conclusion
The project is a team of highly qualified professionals. According to experts, the project will be able to collect the community and start making profits for several years. The demo site can be viewed on the company's website. The release of a viable project, according to the road map, will be implemented in August next year. The project has already managed to attract the attention of major investors and get advantageous partners. Time will tell if they really will become a worthy competitor to Google Maps