SOAR Token Generation, Democratised SUPER-MAP using BLOCKCHAIN TECHNOLOGY

JOIN PRESALE: https://soar.earth/

Soar is a decentralised platform for high-quality drone content that connects customers with content creators in a secure, trustless and distributed blockchain community. The first stage of the implementation of Soar will be the creation of a marketplace for drone content including still images, video, aerial maps and other specialist drone content. The Soar marketplace will allow drone operators to upload and sell content to other Soar users anywhere in the world. The Soar marketplace has the potential to allow an exponential increase in the value of mapping data and drone content by realising the untapped financial potential of existing drone content.

The Soar Platform is creating added value and utilizing emerging market opportunities to become a leading open market for drone content including photo and video content. At present, most drone operators only use one channel to sell their content: on commission from customers. With a unique approach to validating drone content, buyers know exactly where and when drone content is collected and blockchain technology ensures integrity this information is easily verified.

Soar will in due course create a dynamic database for the world’s first super-map at an unprecedented level of detail. All connected using blockchain technology to share data. Leveraging the expansion in drone usage by both business and consumers, Soar will provide an opportunity for drone owners to monetise their content.

Examples of industry applications of drone content that will be available on Soar

Market Applications For Drone Content

Infrastructure & asset management, Mining, Insurance, Environmental, Agriculture, forestry and fisheries, Oil & gas, News, tourism & entertainment, Property and real estate, Power & utility management, Emergency services, Security & law enforcement and Scientific research. All of the above builds a compelling fulcrum for the development and use of the Soar platform.

Solution

Soar platform will unlock previously unreleased, unutilised and largely inaccessible commercial value of drone content, whereby a single data upload could represent an infinite number of commercial applications, facilitating an incredible monetisation opportunity for existing owners of drone content. The SKYM tokens unlock key features of the Soar platform by allowing the user to buying drone content from the Soar platform using SKYM is a simple process of browsing and searching the Soar platform for the desired content and buying it with SKYM tokens.

1. Skymap Tokens - The Soar platform uses the SkyMap token (SKYM), an ERC20 compatible token which allows customers to utilise the platform and rewards content creators. The SKYM token differentiates itself from a pure payment cryptocurrency, such as Bitcoin: SKYM is not simply used as the method to a payment exchanged in return for a services but also allows certain interactions with the Soar platform, described later, that are not available to anyone not holding SKYM tokens.

2. The Soar Quadtree - To facilitate the calculations of value on the platform, Soar divides the world into a grid. Each cell within the grid is further subdivided into four sub-grids, a process that repeats until a desired level of resolution is achieved.

3. The Soar Marketplace - The cost of purchasing content from the Soar platform is determined by the supply and demand of drone content available for a given area through Soar can be visually represented by a heatmap. The heat map enhances the planning for drone content capture for financial returns and an example of how the heatmap is shown on Soar is in Figure 7 below.

4. Soar Product Prototype - The Soar platform is currently under development and the figures below show the prototypes of some of the operations that will be possible on the Soar platform upon release.

5. SkyBounty System - The SkyBounty System is a marketplace feature of the Soar platform as a mechanism to create an incentive for capturing drone imagery for a desired location. The primary role of SkyBounties in the Soar platform is to give token holders the ability to drive image capture and upload for a part of the world where they have an interest.

6. Soar’s SkySponsor model - Allows for curation of the content as the SkySponsors will only support content that is likely to be used, thereby increasing the overall content quality uploaded to Soar. The driver for the SkySponsor model is extremely compelling as it effectively proves the economics for seeding the Soar super-map. The super-map will be both dynamic and temporal; over time it will evolve to only exhibit the ‘best of the best’ imagery.

SKYM Token Crowdsale

The SKYM token will be compliant with the ERC20 standard and distributed on the Ethereum blockchain. The SKYM token is a utility token that provides access to a wide range of crowd sourced, and sponsored drone content. As the Soar platform evolves, SKYM will also allow access to a range of services delivered through Soar such as those planned for the Mapping App Store and the content marketing channelsThere will only ever be 350,000,000 SKYM tokens generated of which 130,000,000 will be distributed in the private and public crowdsale raising a hard cap USD equivalent of $19.5M. The fullbreakdown of the TGE is outlined in Table 1 below.

Ticker: SKYM
Token type: ERC20
Fundraising Goal: 19,500,000 USD
Total Tokens: 510,000,000

Roadmap

This development will focus on the initial launch of the Soar Stage 1 platform and be followed by the development of additional functionality to enable value creation opportunities for Soar users. Stage 2 of the Soar platform will release the super-map protocol accompanied by a global roll-out and roadshow in conjunction with key partners.