SKYFсhain TOKEN REVIEW

joppa (25)in #ico • 7 years ago

INTRODUCTION

SKYFchain Operating Platform (hereinafter SKYFchain OP) is the first B2R (business-to-robots)
blockchain based operating platform applicable globally in all sectors of a developing cargo robotics
industry. It will be initially developed and tested by using the first industrial cargo airborne robot –
SKYF drone – which will also give SKYFchain instant access to its client base for development of
unmanned business processes. Later all other unmanned cargo systems: in the air, on the ground
and at the sea will be connected to SKYFchain.

The first feedback from our customers in oil and gas industry confirms that if they switch from
helicopters to cargo drones they can supply their on-shore rigs with 5 to 10 times less cost.
SKYFchain as a blockchain with built-in smart contracts will provide trusted source of data and
reasonable control over unmanned assets for clients, logistics operators, insurance and leasing
companies, banks, and authorities worldwide.

It will unveil new profitable business opportunities for all industry participants, transportation system
with lower risk for the society, and increased overall affordability of goods and services due to
substantial cost cutting in the global supply chain.

During ICO we will issue 1 200 000 000 SKYFT tokens, which will be used in SKYFchain to facilitate all internal transactions.

We expect that value of SKYFT may increase over time because of two main drivers:

More and more companies, clients, financial institutions will be connected to SKYFchain which
will drive the growth of transactions in SKYFchain and demand on SKYFT.
For every SKYFchain transaction whether it’s getting loan to buy unmanned vehicle, client
payment or something else SKYFchain will charge some commission. 25% of commissions
will go to SKYFT holders.
1

SKYFchain OP business model

Logistics business processes today are designed with a human being in mind, either as a customer or
a controller etc. Autopilots for cargo robots, AI and the developing field of IOT hints that one day,
robots may work without being directly controlled by an individual

Project roadmap

2014 – 2017
✓ securing $5 mln of VC funding;
✓ design and manufacturing of SKYF cargo drones;
✓ successful aerodynamic tests;
✓ fully autonomous flights Q4 2017.

2018
✓ SKYFchain project spin-off from the SKYF project;
• research into the most suitable technology and development of a private block chain
network;
• Development of logic and data of the SKYFchain OP in tight cooperation with all cargo
robotics market stakeholders (hardware producers, operators/clients, authorities,
banks/leasing companies);
• creation of the international legal structure;
• sale of the first assembled SKYF drones and expansion of the partner network in the
regions without strict regulations on drone flights (CIS, Asia, and Africa).

2019
• dissemination of the private block chain network nodes among market participants;
• launch of the with a franchise of a drone logistics operator and a license for third-party drone
producers.

2020
• rapid growth in SKYF drone sales, as a consequence of expansion of the franchise of a drone
logistics operator and growth of number of licensed drone producers around the world;
• start of educational campaign and workshops for producers of other types of drones.

2021 - 2022
• inclusion of third-party airborne drones into the SKYFchain;
• lobbying for new regulations in developed markets through industry associations and roundtables.

2023 – 2025
• inclusion of ground and sea-borne cargo robots into the system.

The Market
3.1 The market for air-borne cargo robots (drones)

$127bn – that’s how much PWC estimated the total addressable value of drone powered solutions to
be in all applicable industries. Exponential investments growth into the sector has already began.

$100bn – is the service market size for SKYF drone in agriculture, logistics, and infrastructure (see
Annex 4 for details). During the first three years it is expected that SKYFchain would service clients of SKYF drones in these industries.

3.2 Unmanned trucks, ships and cars

After the launch of air-borne drones, SKYFchain will invite other cargo robots, unmanned trucks,
unmanned ships, and later unmanned passenger vehicles.

We are planning to invite air-borne drones from 2020 onwards, and sea-borne and ground-borne
robots starting from 2022 onwards.

According to Abhimanyu Raheja, an analyst at BIS Research, "the overall number of automated
vehicles is expected to reach more than 110 million by the end of 2026.

Benefits of the unmanned trucks

Proponents of automated trucks are talking about several useful features. They say that such trucks
will be more efficient because they would not waste fuel by accelerating and braking as frequently as
trucks driven manually by a human driver. Similarly, developers have plans to use truck platooning to
save on fuel. Other benefits may include: increased safety and less stress for drivers during long-haul
monotonous drives.

Passenger car drivers are ready to test automated cars

According to the press release of a Consumer Technology Association (CTA),™ most drivers (93
percent) use existing driver-assist features such as adaptive cruise control, parking assist, and
collision avoidance. They then appreciate the usefulness of these driving technology innovations.

3.3 Drone-related VC deals

According to the CBInsights report “The State of Drone Technology”1 VC funds have recognized an
opportunity in UC; the total disclosed VC capital raised for unmanned systems (drones) in the year
2016 increased by 123% to over $1,3bn

Problems in the drone market and unmanned logistics

4.1 Lack of transparency

Universal operating systems for the drone market still do not exist. There is no system where
customers can check the technical condition of drones and their safety itineraries. This is one of the
reasons why public authorities limit drone flight range.

This problem is not only present in the aviation industry. All the cargo robotics markets do not have
reliable certified operational platforms.

The organizational problems of the unmanned drone industry include costly insurance and nearprohibitive regulations in some countries.

Solution is the SKYFchain OP

SKYFchain OP is a transparent and trusted operating platform that offers financing and gives
insurance companies direct control over their assets, which has sparked the growth of this industry.

4.2 Technical problems of air-borne unmanned logistics – short flight range of
existing drones
Have you ever wondered why there are dozens of toy-drones in the market, yet the airports still have
large manned helicopters? Unfortunately, the multi-copter’s size scalability problem does not have a
solution yet at the moment. The higher the take-off mass, the larger the propeller has to be, which, in
turn, increases the momentum. This is how the aircraft rapidly reaches the controlable threshold.

Good rotor dynamics require an electric engine. However, the increase in scale of the drone comes
with a second problem – accumulator batteries become ineffective. The internal combustion engine
can solve this issue. However, its implementation in drones remains problematic because of its high
weight. On the other hand, the hybrid engine’s cost is usually too high.

Solution – SKYF drone with a gasoline engine

The SKYF drone new aerodynamic design solves the problem of multi-copter scalability. The SKYF
drone is the world's first unmanned air cargo platform (unmanned aerial carrier, the drone) with
vertical take-off and landing (VTOL) based on patented aerodynamics, which allow for the
development of unmanned aerial vehicles with different modifications that can carry out a wide variety of challenging tasks.

The SKYF drone is easy to operate and less expensive when compared to other existing solutions,
and it allows for scaling in order to increase payload and flight range, as well as to configure other
characteristics

THE DRONE

Model: SKYF P2-1

The SKYF Unmanned Aerial Carrier was designed and built at ARDN Technology Limited (UK),
whose R&D HQ is now located in Kazan, Russia. Areas of the system’s applications include: crop
spraying and long distance delivery of goods. The SKYF device is a vertical take-off and landing
device drone with two 2.8 m main rotors that synchronously rotate towards each other. The main
rotors, which generate lift to ensure the drone is air-borne, are driven by a gasoline engine. The
engine transmits torque through the gearbox and the belt drive to the main rotors.

SKYF drone technical characteristics
The SKYF drone’s maximum useful load is 400 kg. The drone flight range can reach up to 350 km,
while the flight time is 8 hours (with 50 kg of cargo onboard).

SKYF drone mobility
The SKYF drone transportation container can hold two vehicles. A container allows for customization for various purposes and SKYF drone modifications

SKYF drone modifications

SKYF CARGO
The average payload is 150 kg with a maximum flight range of 350 km. This SKYF drone version is
the best solution for oil & gas logistics and for delivery in hard-to-reach areas. These services are in
great demand in Russia, Africa, Canada, Asia, Australia, South America, CIS countries and the
mountainous regions in Europe. SKYF drones can deliver goods (food, spare parts, measuring
equipment, emergency supply) from the logistics centers to designated residential areas.

SKYF MARINE
This modification has reinforced construction by adding corrosion protection. This SKYF drone can
work during emergencies in most regions of the world due to its increased reliability. It will be able to
deliver food, rescue equipment and medicine to natural disaster locations as well as evacuate the
injured and distressed at sea. Furthermore, this vehicle could serve in marine logistics centers and
intensive shipping regions to deliver medium-sized cargo (spare parts, mail, etc.) to ships at sea or on
the move, which will significantly reduce their service time and fuel consumption.

Pre-ICO and Terms crowdsale
Pre-ICO will be launched on 1st of March 2018
Join the white-list to receive a 40% discount on your SKYFT tokens!
The pre-ICO target is $1 000 000.
The pre-ICO hard cap is $2 000 000.

Only 51 300 000 SKYFT tokens is reserved for Pre-ICO.
Minimum tokens purchase volume is 3000 SKYFT.
Collected funds will be stored on several accounts to limit potential impact of an attack by hackers.
We accept contributions in ETH and BTC. If you want to contribute BTC, you still need the ETH
address in order to receive tokens.
ICO is planned to be launched in May 2018
Exact ICO dates are to be announced.

ICO hard-cap is $30 000 000.
The final SKYFT token price at ICO will be $0,065.
528 000 000 of SKYFT will be available for purchase at ICO. Unsold tokens will be burned.
For each SKYFT token sold at the crowdsale 1,27 tokens will be created and will be split between
special token funds (see pie chart below).

Thus the maximum number of tokens is 1 200 000 000 SKYFT.