How likely is it that users will understand this project, and actually use it?

Does the problem truly require a blockchain? Do you understand how the token works? Do they have a demo?

Does the team have a track record of success? Deep knowledge of this industry? A large network of contacts?

Does the team have a moat that will keep competitors from overtaking them?

Is there a clear problem solved by this project? Can you clearly picture the customer? Is the market large and growing?

As an investor, what do you think of this blockchain project? Submit your rating, using our Blockchain Investor Scorecard for guidance.

Quick Summary 204 Investors read this

The Sylo Protocol is a decentralized communication protocol that facilitates safe and standardized connectivity between users and Connected Applications on the Sylo network. Development is underway to implement the Sylo Protocol as a fully decentralized autonomous communication, storage, and payment network for utilization by third-party Connected Applications.

Pros

SYLO’s confidential communication will likely entice new users in an era where people struggle to protect their data.

SYLO may be able to attract other mobile applications to join the platform as connected apps through features such as connected applications as contacts, and connected applications as embedded features. These features may allow for applications to establish a stronger relationship with users.

Cons

It may be difficult for SYLO to experience a significant amount of user adoption. Many messaging apps, like Facebook Messenger, Whatsapp, and Groupme, can all be linked to social media accounts, which may make those platforms seem more practical.

People will not buy the token to hold, but rather buy the token to use the platform. This means that the value of the token and success of the project relies heavily on user adoption, and the addition of connected applications to the platform. SYLO has not identified a clear plan as to how they will market their product.

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