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Cryptocurrencies: 23326
Exchanges: 112
Market Cap: $$2.99T
24h Vol: $90.73B
Dominance: BTC: 64.4% ETH: 7.4%
ETH Gas: 29 Gwei
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Sylo is a decentralized communication and data exchange network powered by layer2 micropayments and the $SYLO token. The network provides the infrastructure for user-run services, allowing developers and businesses to run applications privately and seamlessly without building the underlying network themselves. The project uses a pledge structure and unique probabilistic token issuance to ensure the lowest transaction costs and unlimited scalability. This scalability can be demonstrated in the flagship application Sylo Smart Wallet, a decentralized crypto wallet that currently has over 200,000 users.