About Sylo
SYLO is an Ethereum token for the Sylo Network, a decentralized communication infrastructure created by many independent users running Sylo Node software on their own computers and servers. By running a Sylo Node and activating their Seeker, users earn SYLO in exchange for their device providing communication services to the network.
Trading Insights
Searched
27
Market Stats
Market Cap
£2.20M
6.08%
FDV
£3.53M
Circ. Supply
6.2B SYLO
Max Supply
10B SYLO
Total Supply
10B SYLO
Diluted Valuation
£3.53M
Performance
Popularity
#1,624
Dominance
0%
Volume (24H)
£306.20K
-19.89%
Volume (7D)
£2.19M
Volume (30D)
£11.28M
All time high
£0.0111
Price Change (1Y)
-56.28%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Additional details
Recent trends
The price of Sylo has decreased by 0.19% in the last hour and increased by 6.41% in the past 24 hours. Sylo’s price has also risen by 21.87% in the past week. The current price is £0.000352 per SYLO with a 24-hour trading volume of £306.20K. Currently, Sylo is valued at 96.83% below its all time high of £0.0111. This all-time high was the highest price paid for Sylo since its launch.
The current circulating supply of Sylo is 6,226,355,808.391 SYLO which means that Sylo has as total market cap of £2,196,301.82.
Market details
SYLO vs markets
↘ 73.23%
SYLO vs BTC
↘ 76.43%
SYLO vs ETH
↘ 56.07%
Tags
communications-social-media
payments
wallet
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xf293d23BF2CDc05411Ca0edDD588eb1977e8dcd4 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.000352 | ↗ 6.41% |
1 Day | £0.000332 | ↗ 6.41% |
1 Week | £0.000286 | ↗ 21.87% |
1 Month | £0.000297 | ↗ 17.72% |
1 Year | £0.000836 | ↘ 56.28% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Sylo (SYLO) is a decentralized platform that allows users to run their computers as servers to maintain communication in the network. Users can send and receive messages and notifications, make audio and video calls, transfer funds, trade non-fungible tokens (NFTs), store cryptocurrencies such as Bitcoin, Ethereum, Tezos, and other ERC-20 assets, etc. According to the whitepaper, the platform aims to solve the problems of centralized alternatives like delays in delivering important messages, failed network connections, etc.
The Sylo network aims to keep communication private and decentralized and to allow users to own their data without creating off-device storage. The platform doesn't keep the data on servers; rather, Sylo replicates group data across devices. Further, users who allow their computers to function as Sylo nodes perform their roles as per the tokens they have staked. If the quality of the network is as per the incentive structure, the nodes receive SYLO tokens, and if the quality gets affected, the nodes get penalized.
SYLO is the native utility token of the Sylo platform that runs on ERC-20 token standards. The token helps to make micro-payments easier on the platform. The number of SYLO owned by a user informs about the level of participation in the network. Users can also utilize SYLO within the ecosystem to make payments, crypto wallet upgrades, decentralized apps (dApps) payments, etc. Also, staking SYLO can help users earn rewards based on the number of tokens staked. Soon, the platform aims to bring governance in the platform for SYLO holders. The platform also wants to introduce many independent services for trading purposes.
Aaron McDonald, Robin Johannink, Daniel Gillespie, and Brendon Packard are the directors of the Sylo platform. The entire team of Sylo has experience from various fields like computer science, development, in addition to the real-world business experience of entrepreneurs, designers, and leading technologists.
The total supply of the Sylo platform is 1,000,000,000,000,000 SYLO.
We update our Sylo to GBP currency in real-time. Get the live price of Sylo on Coinbase.
The current market cap of Sylo is £2.20M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Sylo is £0.0111. This all-time high is highest price paid for Sylo since it was launched.
Over the last 24 hours, the trading volume of Sylo is £306.20K.
Assets that have a similar market cap to Sylo include ShibaDoge, GameSwift, Alltoscan, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Sylo is 6.2 billion.
Sylo ranks 254 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 82% of Coinbase users are buying Sylo. In other words, 82% of Coinbase customers have increased their net position in Sylo over the past 24 hours through trading.
Sylo calculator
1 Sylo (SYLO) to Canadian Dollar (CAD)
CA$0.000650
1 Sylo (SYLO) to British Pound (GBP)
£0.000352
1 Sylo (SYLO) to Real (BRL)
R$0.0026
1 Sylo (SYLO) to Euro (EUR)
€0.000408
1 Sylo (SYLO) to Singapore Dollar (SGD)
S$0.000608
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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