SKYFchain: A new platform for cargo robotics industry
Unmanned logistics will eliminate labor costs and save up to 50%.
2014 – 2017
✓ securing $5 mln of VC funding;
✓ design and manufacturing of SKYF cargo drones;
✓ successful aerodynamic tests;
✓ fully autonomous fligh
MANAGING PARTNER AT QIWI BLOCKCHAIN TECHNOLOGIES
Alexey Arkhipov is one of the thought leaders and tech visionary of Russian IT and payment market. He is a pioneering technologist with 8+ years of executive level experience in leading innovation in various distributed systems in the financial industry.
Since 2014, Mr. Arkhipov has been fully focusing on Blockchain R&D as a CTO of Qiwi Blockchain Technologies. In 2017 Alexey was appointed as a head of Distributed Ledger Technology unit in FinTech Association, which unites leading Russian banks and financial companies. At present, he leads the technical development of the first Russian DLT platform Masterchain.
Mr. Arkhipov holds a Degree in Engineering (2006) in Moscow Technological University.
FOUNDER OF COINAGENDA
Michael Terpin has led the PR efforts for more than 150 blockchain companies and foundations, including some of the leading token crowdsales. Client successes include the launches of Aeternity, Augur, Bancor, Ethereum, Factom, Gnosis, Golem Network, Lisk, MaidSafe, Qtum, and Tether, as well as ongoing campaigns for Bittrex, Counterparty, Dash, Eos, Kraken, NEM, Neo, Storj and Shapeshift.
In early 2013, Terpin co-founded BitAngels, the world’s first angel network for digital currency startups, which gave birth in 2014 to the successful CoinAgenda series of blockchain investor conferences in North America, Europe/EMEA, Asia and Caribbean/LatAm. He cofounded early blockchain incubator bCommerce Labs; the Bitcoin Syndicate on AngelList (with legendary super-angel Gil Penchina), and the Dapps Fund, which was a lead investor in the initial crowdsale for Ethereum, Factom, MaidSafe and Storj. He currently heads up the ICO investment committee for Alphabit Fund, a $300 million digital currency fund registered in the Caymans, and advises numerous blockchain companies and foundations, including Bancor, ICOBox.
Terpin serves as an advisor to the Consumer Electronics Show, where he helps to program the blockchain content, including for CES Asia.
- Crowdsale (44%)
- Team (20%)
- Network Development Fund (15%)
- Community Development Fund (10%)
- Reserve (9.5%)
- Bounty Fund (1.5%)
- Research & Development (45%)
- Marketing & PlatformDevelopment (25%)
- Operations, Business, &Corporate Development (24%)
- Legal & Administrative (6%)
Cost of the token1 token for 0.065 $
Price without discounts
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Relevance of the problem and Market size
Founders, Team & Advisors
Budget allocation and roadmap
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Distribution & Lock up of tokens, Discounts for early buyers
Summary rate the project
Rate the project by other users3
. It is one of a few projects, that uses blockchain for consumers comfort and further development of innovations. Using distributed technology to bring logistics on unmanned delivery has great future.
Risks and disadvantages
The are no minuses in the project: nice idea, high relevance, opportunities for raising delivery efficiency and creating new logistic solutions, and unique conditions.
This project worth attention. It can solve many logistic problems using blockchain and well thought out strategy. Project will get great success also because of absence competitors.
Eliminating labor costs and save up to 50%. Aimed to rebut of global logistics industries. Will contain critical information for each stage of life-cycle of a cargo robot. Industry of robotic delivery in the air, on the ground and at the sea. Applicable in many sectors. Impressive list of press reviews.
Risks and disadvantages
Law and regulation restrictions in some countries. Disasters damages and their regulations. Failure of controlling software.
Delivery will be more safe, fast and on time. Dramatic cost reduces in all the directions will be very desirably by business owners. Long term investment project for those who believe in the future of mass robot using. Will be good alternative to usual delivery means in the countries where all conditions allows to set the platform.
Many investors will reduce on production costs which will enhance on the production of quality . Less will be spent on production hence low cost of products on the markets. The use of robots provide efficiency and are usually reliable. The commission charged on the transactions is relatively high and will pride the growth of the token value and also transactions carried out on the platform as the community user will be able to benefit from the 25% commission.
Risks and disadvantages
This will cause massive loss of employment on the labor market. The target market might not be ready to move on to such adjustments. the producers might incur more costs on repair and maintenance the machines are also susceptible to malfunction and might bring damage to the production process.
The project is very good for the available market in the filled of crptocurrency which will support its growth in the market. The use of cargo robots in delivery services ensures the timely delivery of goods bought from distant place by so doing this encourages the use of online transactions and enhances the use of digital currencies.It also puts an end to the current limitations in the production area like costly insurance which protects the investors investments.
How large is the market for large drones?
According to PWC the market cize for commercial drones is $ 127billion. The uses are primarily for agriculture, infrastructure, transport and construction. SRYF’s adaptable design is positioned to address $ 100b that total market opportunity (hte full report is in our Dataroom). There are alreade other large companies successfully selling commercial drones. Yamaha has produced 2,400 holicopter-type UAVs for the agriculture market. DJI, a Chinese drone manufacturer with $10b market cap, will build 100 after-sale services centers for drones in agriculture. This means these large incumbents expect tens of thousands of agriculture drones to be used in the near future.
How is SKYF unique from other drones out there?
Long flight time, heavy carrying capacity and ease of production separate SKYF from any other commercial drone on the market. Only SKAF combines a gas engine for lift and smaller electric propellers for control.Two large (2.8m) propellers connect to an internal combustion engine to provide powerful lift and long flight time. Eight smaller electric engines provide control. SKAF can carry a max load of 250 kg (550lb) up to 3 hours. It can carry 50 kg up to 8 hours with 350 km (220 miles) range. No other drone on the market comes close to this perfomance.
Why use a gasoline engine?
An internal combustion engine significantly increases the performance of SKAF. Even the best lithium-ion batteries (used in Tesla) have the energy density of 250 W/kg. A gas ingine’s energy density is 12,000 W/kg. Therefore a gas engine with internal combustion engines is 14-15 times more efficient then a lithium ion battery with electric motor. Furthermore a gasoline engine can run much longer than a battery charge and perform well in extreme cold and hot climates.
How is it controlled?
There are no pilots flying a SKAF. All flight missions are preloaded in a flight plan before the drone takes off. Blockchain technology and multiple verification protocolos are used to ensure proper use of the drone. To prevent unauthorized use of SKAF, a multilevel protection system was implemented. That system requires several independent elements to operate: an operator’s key, a flight mission signed in the control center, hardware protection againts a controller and autopilot replacement, and protection of SKAF datalink from interception.
How much does it cost?
We are offering Drone as a Service where we charge by the hour of flight time. One hour of flight time is $150. This is about 10 times cheaper than a traditional helicopter. For those customers who want to build their own fleet, the SKYF drone can be purchased for $250.000. As a comparison used ground-based John Deere sprayer-tractors cost over $200,000. Airborne equipment is even more expensive. Used crop dusting airplanes easily cost over $300,000.
Do you have customers?
Yes. From the earliest stages of SKAF’s development, we engaged with customers from agriculture, oil and gas, and logistics. We designed SKAF’s rugged perfomance and operational software based directly on the input of our customers. Our first market is Russia and we are beginning to conduct pilot (less) programs with Pony Express, Russifn Post, Slavneft Oil & Gas.
How do you protect IP from reverse engineering?
We have filled an international PCT patent application for the combination of two propellers driven by internal combustion engine and smaller electric propellers for control. The Russian patent has been awarded. Furthermore, the core of our "know-how" is in the control software, since the control of traditional multi-rotor electric drones is significantly different from SKAF. We are also building a blockchain ecosystem SKAFchain that verifies the authenticity of parts and construction of the drones prior to providing the right of operation for each flight. We also plan to provide legitimate rights for manufacturing of SKYF under common license.
Will you be in other international markets?
Yes. We are starting in Russia because of the developed agriculture, logistics and infrastructure companies as well as the support of strategic investors, academic institutions, and partners there. The Russian regulators are progressive in their adoption of drone frtendly policy. Many members of our team are working with regulators to create policy. The markets of Southeast Asia, Africa and Europe offer significant potential. This is where the licensing of SKYF desing and software to local partners will aid in fast adoption. The regulatory environment in the USA makes it a less attractive market to enter.