XSL Labs will offer a decentralized identifier called SDI.

XSL Labs will offer a decentralized identifier called SDI.

jamaah45

THE INTERNET OF TRUST

XSL Labs is committed to deploy a new tool that will allow digital identity to be tamper-proof and decentralized. Through an ecosystem offering alternative services and its interoperability, Secure Digital Identity will integrate perfectly with all the solutions of an increasingly connected Web 3.0.

The ecosystem

XSL Labs will offer a decentralized identifier called SDI, a distributed dApp store called SYL Library, and an dApp allowing the interoperability between the ecosystem’s services called ONE. They will work as a single tool to make the user experience easier and more enjoyable.

Pulsar

  • Pulsar will be the distributed ledger that serves as the bedrock for the decentralized identifier and the entire ecosystem of dApps and dApp extensions.

SDI

  • SDI will be a set of encrypted personal data that only the user can read. It will be used in the SYL ecosystem and will be interoperable with other web 3.0 systems.

SYL Library

  • SYL Library will be a dApps and dApp extensions’ store. It will ensure the quality of the services and that they comply with the GDPR. All of the services offered on SYL Library will use the SDI as a guarantee of trust.

One

  • ONE will be a distributed app that will enable the management of the SDI, the management of the SYL wallet, the integration of services from the ecosystem and the control of interactions with other users.

Token & Sale

The SYL will be the utility token of the Pulsar distributed network

It will be necessary for the creation of an SDI, for the execution of Smart Contracts and will be usable within the ecosystem to access the various services that will be offered within SYL Library.

PRICE

Price evolution

  • CURRENT PHASE
  • 0.002$ per SYL
  • (3 000 000 000 available at this price)
  • NEXT PHASE
  • 0.003$ the SYL
  • (3 000 000 000 available at this price)

ISSUANCE

Token

All undistributed tokens will not be issued.

10 000 000 000SYL

at most will be issued.

SYL Tokenomics

Quantitative and qualitative analysis of the SYL and its ecosystem, identification of the value creation’s levers of the token.

SYL model design

Market value

  • The market value will depend on the number of exchanges that list the asset, supply and demand, as well as its fundamental value.

Fundamental value

  • The fundamental value of the 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 use cases there are, the more the fundamental value of the asset will increase. This will be all the more appreciated because of the fixed parity implemented within the ecosystem.

THE FONDAMENTALS OF SYL

Underlying technology

A decentralized identity will be deployed on a DLT. Distributed apps as well as different extensions will be part of the services offered within the SYL ecosystem.

Market size

The global Big Data and Analytics’ market size was estimated at $ 171.39bn in 2018, and is expected to reach $ 512.04bn in 2026, with an annual growth rate of 14.80% between 2019 and 2026 according to Valuates Reports. Between the two periods, the market will have 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. Which, by 2026, will put the SYL on a maximum market of 220.16 billion euros (these figures are only indicative).

Number of users

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 EURO zone. International expansion is possible but this is not, for the moment, part of the initial phase of the ecosystem expansion plan.

Calculation

Ms1 = (P1xQ1) /V1 + Ms2 = (P2xQ2) /V2 + …
Ms : the fundamental value of money supply or market cap (in USD) per service
V: the velocity or the number of times the Token is exchanged over a period of time (per year)
P: the price of the product or service sold (in USD)
Q: the quantity of products or services sold over a period of time (per year)

Example

200 services
20 services at 1$ - […] – 20 services at 10$
12 of velocity (full resale of developer stocks without Locking)
7,000,000,000 SYLs in circulation (not counting Locking)

(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$

Conclusion

Above all the SYL token will be a means of exchanging, purchasing services and executing Smart Contracts within the SYL ecosystem. 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..

It should be noted that even if XSL Labs disappears, the ecosystem will continue to develop autonomously and to operate perpetually, powered by the players of the network. This is possible because of the decentralization characteristic of the network, and its lack of need of a central and unique decision-maker. 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.


AUTHOR

Bitcointalk Username: jamaah45

Telegram Username: @jamaah

Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=2502762

Wallet address (eth): 0x7A5df2D8D32b8f8e4FC6BF71D2BDfe69992D1C1B





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