Have you heard about a new cryptocurrency company called Skyllz? This is a new platform with a very interesting idea. Today we are going to review this company.
What Is Skyllz?
Skyllz is the name of an open source and blockchain-based unified protocol created to assess and validate human skills. The idea is that this platform can be used for skill validation and tracking and boost talents across different applications.
The team that built Skyllz, a company called Workkola, started to work on this project in February 2015 and it is still working to make the platform always better today. Recently, the team decided to use the possibilities that only the blockchain technology is capable of providing.
Alvaro Mancilla Moreno (CEO), Jesús Chacón Ávila (CTO) and Antonio Negrillo Román (CMO) are the founders of the company and all of them has been working on it for three years to make the platform keep getting better and better.
How Does Skyllz Work?
Skyllz work on the Skyllz Distributed Platform, which is an open sourced skill validation protocol. What will it be used for? To validate and empower skills, the company states. By using the Skyllz platform, the users be able to use Skills Touchpoints Applications like e-learning platforms, portfolios, etc and validate and allocate these skills on the platform.
The company uses the Ethereum blockchain as a way to store the skills of the users. This will help in having more freedom to use this information and empower them based on their talents. The protocol will help the users to manage these proofs of their skills on a single platform. The users will be able to use Skyllz tokens to help them to validate these skills.
The portfolios and skills of the users are displayed with the help of the blockchain and help in the validation of the process. The platform will also use decentralized raters to solve what smart contract cannot do and to see if there is any risk of fraud. The project is completely open sourced and its API is open to anybody who wants to use it.
One of the partners of Skyllz is Workkola, the company which designed this platform. Workkola is a platform that lets students showcase their talents and create their brands so they can get more job opportunities on the market. You can, for instance, transfer your portfolio and skillset on Workolla to Skyllz.
The integration between the two platforms is planned for the end of 2018, as well as the official launch of the Skyllz platform.
Business Model
The distributed platform Skyllz (SDP) allows itself and STAPP on it (like Workkola) to create value-impactful and economic value. The SKC Skyllz Token ERC-20 token exchange utility enables value exchange across the SDP (Skyllz Distributed Platform) and within each Application within it. SKT is considered to help each application build its own internal business model around it and also between all
applications to ensure distribution and value connections across ecosystems.
As the first DAP over SDP, the Workkola business model is the transaction fee income of the SKT Model when a sponsored challenge is posted by the Challenger, a solution proposed by Talent, and professional opportunities matched between Talent and employees
How To Use Skyllz?
Do you want to invest in Skyllz? It is easy to invest in this company. You only have to acquire its tokens during the Initial Coin Offering (ICO), which is already going on. The first phase of the pre-sale is going on right now and it will last until March. The second phase of the pre-sale will only be available in June and the main sale will only happen during July and August.
You can buy tokens using ETH. For more information about the ICO, contact the company.
Projection of main KPI Skyllz
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Based on current Workkola platform metrics and projections, the following are the most important KPIs associated with the growth and adoption of SDP and SKT between 2019 and 2020. Such projections are forward-looking statements or information based on the most current metrics and assumptions. None of them are meant to be statements that directly indicate the future of revalorization of the SKT itself. Its main purpose is to forecast the adoption, adoption and evolution of bids and requests related to STAPs, users, smart contracts and SKL Skyllz.
Until September 2020 all metrics and projections are based on Workkola as the first STAP SDP. The first STAP after Workkola is projected to follow the SDP in October (+1 new STAPP), November (+1 new STST) and December (+1 new STST) 2018. Projections are made
Until September 2020 all metrics and projections are based on Workkola as the first STAP SDP. The first STAP after Workkola is projected to follow the SDP in October (+1 new STAPP), November (+1 new STST) and December (+1 new STST) 2018. Projections are made
Assuming all new STAP will have the same metric as Workkola.
- SQC stands for Skills Qualification Contract and refers to the number of unique smart contracts created to validate Talent (user) skills.
- Until September 2020 all metrics and projections are based on Workkola as the first STAP SDP. The first STAP after Workkola is projected to follow SDP in October (+1 new STAPP), November (+1 new STST) and December (+1 new STST) 2018. Projection is made Assuming all new STAP will have the same metric as Workkola.
- This graph presumes Talents (users who want to validate their skills) over time.
- Until September 2020 all metrics and projections are based on Workkola as the first STAP SDP. The first STAP after Workkola is projected to follow SDP in October (+1 new STAPP), November (+1 new STST) and December (+1 new STST) 2018. Projection is made Assuming all new STAP will have the same metric as Workkola.
The Skyllz Token (SKT) Triggered the Skyllz Distributed Platform
The Skyllz Token (SKT), an ERC-20 compliant utility token, allows users to access and transact on the SDP. They function as account units that allow users to participate and gain validation of their skills on or across the entire ecosystem application. SKT is a fixed supply benchmark that can be integrated into the application as a transactional value layer.
Why SKT Requires For SDP Fuel
SKT aims to drive economic and ecosystem operations that maintain decentralized and cross platform core functions. This allows SDPs to include and reward the Raters community (they get the SKT in exchange for their value) to comply with the Power Rules Distribution and the Short Rules, and to support the Interconnected Impact of Rules and Positive Achievement Rules. To have a supra-token platform is required to draw current and future applications and to allow Inter-connected Impact Rule between ecosystems. SKT is gas from SDP, and it is common and exclusive to get validation and exchange rates on SDP. Users can also get SKT as a reward for outstanding quality or performance on any STapp peak SDP, empowering self-development and adhere to the Meritocracy Regulation.
SKT will be redeemed for primary STAP service (eg accessing Udemy's online course, sponsoring a challenge on Workkola, or a premium feature on Linkedin). Strategically, a percentage of the total issued by Skyllz Token will be allocated for first STapps initial ignition over SDP and to reward early adopters of STAPPs.
Allocation of Token Skyllz
TEAM
The Skyllz Verdict
Is this company a great investment for you? Yes, Skyllz can be an interesting option if you are looking for a promising company to invest in. The pre-sale has only just begun, so it can also be a good time to buy Skyllz tokens for the cheapest available price if you want to. This company can definitely be a good investment for you because there is a good chance that it might get you a good return on investment.
Also, the Workkola company is three years old, so it shows that this an experienced team which makes the chances of survival of this company considerably better. If you are also interested in using the platform, it can be even a better choice to invest in this company because you will be able to validate your portfolio and skills on Skyllz paying a lot less than you would if you did not invest.
Even if you do not invest in the current phase of the pre-sale, it can be a great idea to invest in the next phase of the pre-sale. The decision is up to you, so you have to read more about this company and evaluate if this can be a great investment for you or if you would rather invest in another company instead.
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Contacts
The developers can be contacted using the link below:
ETH Address : 0x4be0D62Fc296136326F1A6BB6E3A543472c41820
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