SYL Tokenomics
Quantitative and qualitative analysis of SYL and its ecosystem, identification of the value creation’s levers of the token.
_tokenomics_5_2
Quantitative and qualitative analysis of SYL and its ecosystem, identification of the value creation’s levers of the token.
_tokenomics_5_2
Value transfer
Purchase of services on SYL Library
SDI creation
Payment of Verifiable Credential issuers
The execution of Smart Contracts
The ecosystem will be sustainable thanks to the services deployed on the network, which will reward:
Developers following a purchase of their app or subscription to their service
The Verifiable Credentials issuers for issuing Verifiable Credentials
The Verifiable Credential issuers for writing the Verifiable Credential traces on the blockchain
Users through the SYL value creation and access to different services
Users for sharing chosen identity information via Cortex
3,000,000,000 SYL will be sequestered by a Smart Contract with a low monthly release to supply the various services in the ecosystem.
The ecosystem will consist of different players :
Users of different services.
Developers of dApps or dApp extensions.
Engineers who will update the DLT.
Third parties wishing to use SDI in their apps.
Verifiable Credential issuers
Within the ecosystem a fixed parity will be put in place. The services will have a stable price in SYL. In this specific case, the fundamental value of the asset will increase with the multiplication of many services offered within the ecosystem.
Goal
Gradually get the user to accumulate on his wallet or increase the liquidity of the asset.
The market value will depend on the listing of the digital asset on the exchange platforms. At this time, we cannot answer this question.
The core value of SYL's money supply will depend on the number of services and the number of users of those services within the ecosystem. The more diverse and varied uses of the ecosystem there are, the more value the asset will have.
Underlying technology
A blockchain will be used as the foundation of the ecosystem. dApps as well as various dApps extensions will be part of the services offered.
The size of the global Big Data and Analytics market was estimated at $ 171.39 billion in 2018, and is expected to reach $ 512.04 billion in 2026, with an annual growth rate of 14.80% between 2019 and 2026 according to Valuates Reports. Between the 2 time periods, the market will be multiplied by 3.
https://reports.valuates.com/market-reports/ALLI-Manu-3K13/gblobal-big-data-and-business-analytics
This market is divided into 5 areas :
7% Diffusion & targeting (A)
16% Gathering of data, sale and rental of database (B)
18% Storage structuring, Hosting (C)
22% Online advertising (D)
37% Analysis & Intelligence (E)
The SYL's areas of action are A, B and D.
Europe has 741.4 million inhabitants.
On average 93% of the European population uses the Internet and smartphones.
https://fr.digitalsobe.com/statistiques-dutilisation-mobiles
The number of potential users of our services is therefore 689,502 million for the Eurozone. International expansion is possible but this is not, for the moment, part of the ecosystem expansion plans.
This will be defined in the “Theory of quantitative currency” (see below).
The fundamental value of SYL will depend on its use within the ecosystem and will be helped by its fixed parity. If we exclude the speculative part of the asset, then the market value will be equal to the fundamental value of SYL within its ecosystem.
Ms1 = (P1xQ1) /V1 + Ms2 = (P2xQ2) /V2 + …
Ms: fundamental value of money supply or market cap (in USD) per service
V: velocity or the number of times the Token is traded over a period of time (per year)
P: price of the service sold (in USD)
Q: quantity of services sold over a period of time (per year).
200 services
20 services at 1$ - […] – 20 services at 10$
12 of velocity
7,000,000,000 SYL in circulation
(Ms (1) = ((1 x 100000) / 12) x 20) + (Ms (2) = ((2 x 100000) /12) x20) + (Ms (3)) …. + (Ms (10) = ((10 x 100000) /12) x20) = 9 166 440$
The fundamental value of the SYL marketcap is, in this example, $ 9,166,440.
The fundamental price of a SYL will therefore be $ 0.0013.
To this fundamental value must therefore be added the speculative value of the token to obtain the final price of the asset.
The value of the asset will therefore depend on the number of services and their cost, the number of assets in circulation, the velocity within the ecosystem and the supply / demand in the speculative market.
Through this "Tokenomics", we can understand that all the players in the ecosystem will have an impact on the asset'’'s price through their various services.
To help with the development and the access to the different services that will be offered subsequently, participate in the adventure by obtaining the SYL utility token.