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Sylo's May 2020 Update

Significant growth and new features coming soon…

Lately it might seem like the world’s gone mad… But despite global tensions, here at Sylo there’s been no slow down in the lockdown. Instead, we’ve been steadily chipping away at our goal of creating a decentralised future that’s better for everyone.

May has been a month of really significant growth for us and we’re excited to share our news with you…

First up, as many of you will now know, on May 6, we listed the Sylo token, SYLO, on top-tier international exchange, KuCoin. Known as ‘the people’s exchange’, KuCoin have millions of users across more than 100 countries and are renowned for their human-centric motivation for Web3.0 — something we of course, felt an affinity with.

Listing our token has been a much-awaited step, one we’ve been working towards since 2018 and it’s been great to tick this milestone off our roadmap.

User growth in recent times has also been exponential both globally and across unexpected regions. In the last 30 days, we’ve seen a 300% increase in users from Indonesia.

The story is similar in India, where the Sylo Smart Wallet is also gaining rapid adoption — we’ve seen a 280% increase in users from their lands in the last three months.

Overall, taking stock here at nearly the end of May, there’s been a 690 per cent increase in monthly active users of the Sylo Smart Wallet in the last six months, and we now have users in more than 60 countries!

#DAppTheWorld here we come…

The next exciting thing you can look out for is a new feature that will be deployed in the Sylo Smart Wallet in the coming weeks. It’s a feature that will set us firmly alongside the ranks of any major player in the industry in relation to feature offerings — A Web3.0 browser!

We look forward to sharing this new level of experience with our users and building on the benefits it accrues over the coming months.

Lastly, for those of you who took part in ...

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