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What is SKEY

Tokens

1. What is skey?

Introduction to SelfKey (KEY) Tokens

SelfKey is an ecosystem designed to protect users' digital identities and privacy, based on blockchain technology. It is managed by the SelfKey Foundation, with the goal of providing secure identity protection and transaction services for individuals and businesses.

Key Features:

  1. Digital Identity Protection: SelfKey aims to protect users' digital identities and privacy, ensuring security during transactions and interactions.
  2. Decentralized Trading: SelfKey offers a decentralized trading platform that ensures the security and privacy of transactions.
  3. KEY Coin: KEY coin is the transaction currency within the SelfKey ecosystem, used for executing transactions and interactions.
  4. Based on Blockchain Technology: SelfKey is based on blockchain technology, ensuring the security and transparency of the system.

Components of the Ecosystem:

  1. SelfKey Marketplace: The SelfKey marketplace is the primary platform for executing transactions and interactions, offering various services and products, including purchasing residential or commercial properties and providing a second ID.
  2. KEY Coin: KEY coin is the transaction currency within the SelfKey ecosystem, used for executing transactions and interactions.

Summary:

SelfKey is an ecosystem designed to protect users' digital identities and privacy, based on blockchain technology. It provides a decentralized trading platform and KEY coin, ensuring the security and privacy of transactions.

2. Who founded skey?

According to the provided information, there is no clear information about the founders of Skey Network (SKEY). The links provided mainly pertain to information about the price, charts, and market capitalization of Skey Network, without mentioning its founders. Therefore, it is not possible to determine who the founders of Skey Network are.

3. Which venture capitalists invested in skey?

According to the provided information, the following venture capital institutions have invested in Tokens or related projects, but "Skey" as a specific project is not directly mentioned. However, the following institutions have investment activities in Tokens and the blockchain field:

  1. Sequoia Capital: Invested in liquidity tokens, including tokens listed and not yet listed on Tokens exchanges.
  2. a16z: Invested in most mainstream crypto projects including Coinbase, Compound, Dapper Labs, Arweave, Solana, OpenSea, etc.
  3. Lightspeed Venture Partners: Has invested in DeFi aggregator Zerion, public chain developer Terraform Labs, Tokens market maker Wintermute, and Web3 development platform Alchemy.
  4. Hack VC: Invested in projects like Babylon, imgnAI, AltLayer, Intia, io.net, Eclipse, and Elixir, and plans to invest in early-stage crypto, Web3, and blockchain startups.
  5. FTX Ventures: Established a $2 billion venture fund to invest in crypto industry startups.
  6. Infinity Ventures Crypto: Raised $70 million for its first fund to invest in Web3 startups in Asia and the Americas.
  7. Electric Capital: Raised $1 billion for its two funds to invest in Tokens startups.
  8. Haun Ventures: Raised $1.5 billion to support the development of Web3.

These institutions have extensive investment activities in Tokens and the blockchain field, but there is no direct mention of "Skey" as a specific project.

4. How does skey work?

Skey Network (SKEY) is a Tokens that is based on blockchain technology and aims to bridge the gap between blockchain technology and real-world applications. The following are the main features and workings of Skey Network:

  1. Blockchain of Things (BoT): Skey Network has created a unique concept called “Blockchain of Things,” allowing real-world assets (RWA) to be tokenized on the blockchain, giving each object its own unique non-fungible token (NFT).

  2. Integration of DeFi and IoT: Skey Network aims to integrate DeFi with IoT, facilitating the integration and optimization of urban infrastructure and transportation systems within the IoT ecosystem.

  3. Fast, Scalable, and Cost-Effective: Skey Network provides fast, scalable, and cost-effective solutions for developing generic products, services, and user-friendly applications.

  4. Document Verification Tool: Skey Network offers a document verification tool to verify the authenticity of documents registered on the blockchain, ensuring transparency and security in the document handling and verification process.

  5. Collaboration and Innovation: Skey Network promotes collaboration and innovation in the blockchain field not only by expanding its ecosystem but also through partnerships with various exchanges and companies.

In summary, Skey Network provides a way to tokenize real-world assets and manage them on the blockchain through its unique Blockchain of Things concept and the integration of DeFi and IoT, promoting efficiency and sustainability in urban development.

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