SkyMap (SKYM) is an ERC-20 compatible Smart Token. SKYM is used to purchase content from the platform and remunerate content creators and sponsors. It represents the value of satellite, aerial and top-down drone imagery at a given place in the world.
Soar is pleased to announce that SkyMap (SKYM) has officially listed on the GOKO.com exchange as of Wednesday, 8 May 2019.
SkyMap (SKYM) is an ERC-20 compatible Smart Token. SKYM is used to purchase content from the platform and remunerate the content creators and sponsors. It represents the value of drone content at a given place in the world.
Owning SKYM tokens allows users to utilise the platform. It is also the reward for content creators. SKYM tokens will power the Soar platform. Tokens can be spent on drone user data shared by others. User can purchase drone imagery that was previously sponsored. Moreover, Sponsors are compensated in SKYM tokens for their services. SKYM will also be used for the SkyBountie system, being the medium of exchange to hire drone operators to take certain drone imagery.
You can purchase SKYM tokens from any one of our official exchanges. Presently SKYM is officially listed only on CoinBene, however we anticipate listing on additional exchanges in the near future.
SkyMap tokens purchased during the TGE or afterwards have zero lockouts and are free to trade whenever the owner wishes to. There are lockout periods for:
- Team tokens are locked out for 12 months;
- Reserve tokens are locked out and can be released 50% after the 1st year and 50% after the 2nd;
- SkyBounty tokens are locked out with a small portion released each year; and
- Partner/Advisor tokens are locked out for 12 months.