SKTLs
Space
Crypto
A cryptocurrency dedicated to helping clean up space debris and making space more accessible.
Destined to become the de facto currency on Mars.
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About SKTLs
For full details on the SKTLs space cryptocurrency please click here for the SKTLs White Paper.
Features
- The SKTLs cryptocurrency is held in units of SKTLs by enthusiasts who are optimistic about The Space Revolution and are rewarded with new tokens every time the space economy advances.
- Half of all of SKTLs donated to pay for space debris clean-up.
- Complete transparency.
- No central control after token launch (pun intended).
- No founder tokens.
- The end goal is for SKTLs to become the de facto standard currency for outer space and Mars.
Launch Process
- A total of 200,000,000 tokens will be created for the initial (and only) airdrop.
- Airdrop 100,000,000 tokens to anybody who enters their wallet information blindly (we don’t collect their information) into the Ethereum network before the drop on a pro-rata basis.
- Airdrop 100,000,000 tokens to Space Cleaning Fund, which is controlled by holders of SKTLs on a pro-rata basis.
- The token will start trading on several smaller exchanges immediately and people, including founders, will go out and start bidding for these tokens on those exchanges, setting the price.
Later, if/when the SKTLs become actively enough traded and have a high enough market cap on these initial exchanges, the bigger exchanges like Coinbase, Binance, Robin Hood, etc will start to offer the token on their own. - The total number of SKTLs tokens that will ever be created will be topped out at 300,000,000 SKTLs tokens.
Currency Rules
Tokens (called “SKTLs”) are created and distributed for each “Space Action” according to the following schedule for the first year (these numbers are cut in half for each successive year, such that the system is rewarding SKTLs holders for being early):
- 100 SKTLs created for each satellite put in orbit around Earth.
- 10,000 SKTLs for each astronaut above the Karman Line.
- 100,000 SKTLs for any major piece of equipment landed on the moon.
- 1,000,000 SKTLs for any human landing on the moon, or for any satellite put in orbit around a non-Earth planets in our solar system or for any satellite sent out of the Solar System.
- 5,000,000 SKTLs for any rover or major piece of equipment landed on any non-Earth planets in our solar system or for any rover or major piece of equipment rendezvous on any asteroid or comet.
- 10,000,000 SKTLs for any human landing on a non-Earth planets in our solar system.
- 100,000,000 SKTLs for any human sent out of our Solar System.
- Successful “Space Actions” will be determined using blockchain.
How It Gives Back
Community: Space Cleaning
The Space Cleaning Fund donates 10% of its SKTLs token holdings every May 6 (Space Day).
Annual Fund Grants
For every SKTLs token granted to the community of SKTLs token holders, another SKTLs token is always constributed to the Space Cleaning Fund.
10%
1:1
LAUNCH SUCCESS! THE SKTLS TOKENS HAVE AIRDROPPED
Open your Metamask browser extensionClick on the dropdown of the list of networks to the right of the Metamask iconIn the dropdown, click on “Add Network.”A new browser tab opens to add a networkIn the new tab, input the following:
- Network Name: this could be any name. let’s use “Binance Smart Chain”
- RPC URL: https://bsc-dataseed.binance.org/
- ChainID: 56 in decimal (if 56 doesn’t work, try 0x38)
- Symbol: BNB
- Block Explorer: https://bscscan.com
Click “save”“Binance Smart Chain” should be the selected network name, if not select it from the network dropdown to the left of the Metamask iconNow, you need to import tokens, go to the bottom of the Metamask extension and select “import tokens” and input the following:
- Token Address: 0xD5F932911879df6d09F92Cc86605596e2392aB47
- Token Symbol: sktl
- Token of Precision: 18
Click “import”Your tokens should now be in your wallet.
Mobile Instructions for accessing airdropped SKTL Tokens
Open Metamask app on your phone.
Click the three bars in top left corner to open the menu bar
Click “Settings”
Click “Networks”
then “Add Network”
Fill in the following information:
Network Name: Anything you want to name it
RPC URL: https://bsc-dataseed.binance.org/
ChainID: 56 in decimal (if 56 doesn’t work, try 0x38)
Symbol: BNB
Block Explorer: https://bscscan.com
Click “Save”
Now you need to import your tokens.
Click “import tokens”
Input the following data:
Token Address: 0xD5F932911879df6d09F92Cc86605596e2392aB47
Token Symbol: SKTL
Token of Precision: 18
Click “import”
Your tokens should now be in your wallet.
Instructions for adding your SKTL tokens to the Liquidity Pool on Pancake Swap
1. Open your digital wallet containing your SKTLs…
MOBILE: Open your digital asset wallet app and enter your password.
DESKTOP: Start on step #2 (below).
2. Connect your wallet to a Binance Smart Chain DEX…
MOBILE: Open the drop down menu in the top left corner of your Metamask account screen and then open the browser link (some digital asset wallet apps may differ) and enter the DEX URL into the url browser window. Next, find and select the connect wallet option on the exchange, follow the process to connect your wallet.
DESKTOP: Open a Binance Smart Chain DEX in your url browser window. Next, find and click on the wallet connect icon and follow the process to open and connect your wallet.
3. Add liquidity to the pool on a BSC compatible DEX…
MOBILE: Find and select the “trade” icon on the BSC DEX and then select the “liquidity” tab option. Now, add equal value amounts of SKTLs and another crypto (DEX options may vary). You’ll need to copy and paste the SKTLs token address in the window in order to add/remove SKTLs liquidity (SKTLs token address: 0xD5F932911879df6d09F92Cc86605596e2392aB47). NOTE: You’ll need to have a small amount of BNB in your wallet in order to pay for gas fees.
DESKTOP: Same as above.
If you would like to pull your tokens out of the liquidity pools, follow these steps 1-3 and select the “remove liquidity” option during step #3.
If you registered successfully, here’s how you access the airdropped tokens in your wallet:
You want to add the Binance Smart Chain network to metamask (For more read this: https://docs.binance.org/smart-chain/wallet/metamask.html) and then using that network import the SKTL token (0xD5F932911879df6d09F92Cc86605596e2392aB47) . The airdropped SKTLS should already be in the wallets – no need to claim. Use MetaMask For Binance Smart Chain – Binance Chain DocsBinance Chain Technology Documentation For adding the binance smart chain network, you could use this:
- RPC URL: https://bsc-dataseed.binance.org/
- ChainID: 0x38, 56 in decimal (if 56 doesn’t work, try 0x38)
- Symbol: BNB
- Block Explorer: https://bscscan.com
SKTLs is based upon the principles of openness, transparency and fairness. SKTLs is completely decentralized. After we create the programs on Ethereum, the founders have no more control than anyone else. Each sktl token grants the right to one vote in the SKTLs community. The community, by voting proxy, determines which companies, universities, governments or other entities will receive SKTLs tokens to fund the Space Cleaning objective from the Space Cleaning Fund.
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FAQs
Where did the name “SKTLs” come from?
SKTLs is short for Sky’s The Limit. Also, coincidentally, a skytale/scytale is a method of cryptography used especially by the Spartans in which a narrow strip of parchment was wound on a rod and the message written across the adjoining edges.
Why Space Debris Cleaning?
Space debris is perhaps the single biggest impediment to making humankind interplanetary. Learn more here.
How are new SKTLs tokens mined?
Essentially, the network “mines” new SKTLs whenever there’s a new space activity. Existing owners and the Space Cleaning Fund “mine” new tokens as the space economy grows, but like with bitcoin, it gets exponentially harder to create new SKTLs tokens as the years go by. Which leads us to our next FAQ…
Why does the number of SKTLs created for each successful “Space Action” get cut in half for each successive year?
To gradually slow the new supply of the currency, in order to limit future inflation while still allowing for the new tokens to be added to the supply in an ever slower manner. In 20 years, even a successful “Space Action” of sending a human beyond our solar system would only create 95 new SKTLs.
How do SKTLs become “valuable”?
The moment that the Airdrop recipients receive their SKTLs tokens, they will be free to sell them on peer-to-peer exchanges such as PancakeSwap and hopefully soon on an increasing number of cryptocurrency exchanges. The market value will be set by whatever price people/companies/governments/etc are willing to pay to get their own SKTLs tokens after the airdrop.
Does owning SKTLs mean that I’m helping clean up space?
Yes it does! By supporting the value of the SKTLS by holding and/or using the SKTLS tokens, you increase the amount of money that is donated to cleaning up space.
How many tokens will be created in total? Will there be an unlimited supply?
A total of 220,000,000 million tokens will be created for the initial (and only) airdrop. The total number of SKTLS tokens that will ever be created will be topped out at 300,000,000 SKTLs.
How do I get a wallet to get SKTLs? How do I find my first airdrop? How do I claim the monthly SKTLs rewards?
We have a whole page dedicated to walking you through how the airdrop and reward claims work. The start of the sign up period will commence on December 3 and will be announced over social media by the SKTLs accounts as well as by press release.
How do I buy more SKTLs?
You’ll be able to buy STKLs outright soon after the airdrop when the STKL tokens start trading on several smaller exchanges as the individuals who received the SKTLs airdrop choose to trade their SKTL tokens on such exchanges, including peer-to-peer exchanges such as Pancake Swap.
How do SKTLs token holders participate in the community? Is participation required?
SKTLs holders can actively participate in the ecosystem by generating proposals, active voting on award recipients, and increasing awareness for space exploration and space cleanup. SKTLs token holders are not required to provide liquidity or actively participate in the community, although we encourage your interest in space and space debris cleanup. Wallet holders receive awards related to space exploration. Participation in voting is highly encouraged but not required. We also welcome participation in our telegram community platform.
How does the SKTLs token fund space debris clean up?
On inception, the SKTLs will reserve 50% of all tokens to an escrow fund which will reward entities for space debris cleanup and related research. The SKTLs token holders will vote annually on the recipients. The full process is described in our white paper and governance.
Does SKTLs fund specific launches or space missions?
Annual awards will be given to selected entities that are involved in space debris cleanup and research. The SKTLs community can propose award participants and the advisory council will select the top recipients. The winners will be selected by the by the community through a vote. The winners will be awarded a total of 10% of the outstanding number of tokens held by the escrow/treasury. A total of five entities can be award recipients each year. Details about voting governance can be found here.
How is the SKTLs token value determined?
This is a market based token community. Both supply and demand will depend on the community.
Who is on the Advisory Council? How were they selected?
The current list of Advisory Council Members can be found here. The role of the Advisory Council can be found here. A seven-member council was selected by the founding members with a variety of relevant backgrounds to help establish the community and work towards developing a fully autonomous DAO.
Why are you focused on space when the oceans and air need to be cleaned here on Earth?
Great question! We hope this community helps to open up communities for additional tokens. We plan to release an ocean and air token soon. Stay tuned.
What is SKTLs?
SKTLs is a space crypto helping to create a sustainable space economy.
Why do I want to be involved in SKTLs?
The single biggest impediment to the space economy is the ever-growing problem of space debris, which is traveling in orbit at 17,000ish MPH, and SKTLs is here to help solve the problem.
How do I profit from this investment?
By creating a “social profit for good” platform that provides economic incentive to every human participating in SKTLs and provides liquidity to space debris cleanup companies SKTLs owners can be directly involved in helping the human species sustain life in space and therefore life here on Earth.
How does it create monetary value?
For one, it will help pay for space cleanup. SKTLs is the perfect currency for space, Mars and beyond.
I’m a space enthusiast, investor and am very passionate about space. Why should I support SKTLs?
SKTLs will help open up space to more opportunities without impacting space in a negative way.
How can I invest in space when all of the top space companies are private?
By owning SKTLs cryptocurrency you are directly invested in space and the success of all space companies and organizations.
If you only airdrop half of the tokens created every time, where do the rest of the tokens go?
All of those tokens go directly to a decentralized SKTLs Space Cleanup Fund and then dispersed to space cleanup companies via a DAO voting system (Decentralized Autonomous Organization).
If I’m not one of the first 100,000 crypto wallets registered, how can I still invest in and support SKTLs?
SKTLs will be on some of the crypto exchanges (i.e. pancakeswap, Tzero, etc.) and you will be able to buy/sell/trade for SKTLs on these platforms.
What is MetaMask?
MetaMask is a crypto storage wallet that helps keep your crypto safe and it’s far better than trusting exchanges to protect your digital assets.
Can I put the SKTLs tokens in my cold storage device?
Yes, most crypto storage wallets like MetaMask are usually compatible with cold storage devices. One important note, always be sure to do the research first to make sure you are using devices and apps which are compatible with each other.
Who are the founders? Are there any founder tokens?
The founders are a group of space enthusiasts who came together to build SKTLs, the can be found here. There were no founder tokens allocated to the founding members. Rather, founders have come together to build this community for their interest in space and ability to help clean up space.
SKTLs jingle (by Bujo and Q-Doso)
Like other artists who make space-related content, Bujo sells his work for SKTLs instead of dollars. To download this song, please click here and send one (1) SKTL token to Bujo’s Metamask Public Wallet Address: 0xB0c7BE3CA9129D75D3Aee9766ac95c000EB24913.
Since there will be a currency for outer space and Mars, it might as well be a virtuous one.
SKTLs: The Space Debris Cleaning Cryptocurrency