Salzburg, Austria, October 1st, 2024, Chainwire
The Skygate Token is positioned as a utility-focused cryptocurrency designed to offer real-world applications in the aviation sector, moving beyond the realm of speculative assets. With a structured financing model, clear development strategies, and practical use cases, Skygate Token aims to contribute to the digital transformation of aviation.
Who is Behind the Skygate Token?
The Skygate Token is issued by Skygate Network Holding GmbH, a company based in Salzburg, Austria. The company is led by CEO Gerhard Wimmer, who brings over 27 years of experience in the aviation industry. Wimmer is supported by a team of specialists in finance, marketing, and IT. Strategic partnerships with various companies are also crucial to the project’s development, as well as key advisors such as the former Austrian Vice-Chancellor and Minister of Transport.
Skygate Network has spent several years developing and testing its technologies in a model operation in Salzburg. According to the company, this model has already generated millions in revenue, showcasing the company’s potential to introduce innovative solutions to the aviation sector.
The Skygate Project: Digitalizing Aviation
The main goal of the Skygate project is to digitalize the global aviation industry through Extended Reality (XR) technologies. This includes Augmented Reality (AR), Virtual Reality (VR), and Mixed Reality (MR), aiming to guide the aviation sector into a new era of digital transformation. The project envisions the creation of a digital 3D VR world where commercial and private users can access services and products globally.
The Skygate Token at the Core of the Ecosystem
The Skygate Token is designed to be the primary currency within the Skygate digital ecosystem. With a total supply of 10 billion tokens, the presale will take place in multiple phases. In the first phase of the presale, the token is offered at a price of only €0.005, which represents a 95% discount on the listing price. Early investors stand to benefit from significant price advantages.
One distinctive feature of the Skygate Token is its planned token burn strategy. The company plans to regularly burn tokens to reduce the total supply in circulation, leading to a potential price increase as demand grows while supply diminishes.
Benefits for the Skygate…