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. Furthermore, by securing the integrity of drone content metadata via smart
contracts, Soar automatically and transparently publishes the location, time and equipment
type used to capture content onto the blockchain. The use of blockchain technology validates
the authenticity of the footage to ensure the integrity of drone content and fight the problems
such as ‘fake news’.
However, this is not the end-game. Progressively, by aggregating the content collected from
thousands of drone operators, 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. Commercial drone sales in 2017
were expected to exceed US $1 billion1. The expanding drone market is largely driven by the
tremendous growth in commercial applications of drone content and footage in industries such
as infrastructure, mining, agriculture, journalism and real estate with an addressable market
estimated to reach $127 billion by 20202. The growth rates in the market have been estimated
to be between 15-25% CAGR over the next five years3, 4 .
Despite the rapid growth of the drone industry, there is an absence of a suitable marketplace
for drone content or facility for licensed drone operators to fully optimise and monetise their
content. Soar will directly address this lack of a market for content. Furthermore, there has not
been direct access to mapping technology which would allow this content to effectively seed
a super-map platform and take advantage of the extremely high-resolution content of which
drones are capable.
The Soar marketplace will allow:
Soar will provide this platform for content providers and purchasers, transacting with the SkyMap
token (Symbol:SKYM), a utility token that unlocks a range of capabilities on the Soar Platform.
Owning SKYM tokens allows customers to utilise the platform and rewards the content creators.
Concept validation and release from military use
Incorporation of Soar
Initiation of Testnet build
Soar is presented at `TPE Blockchain Forum` in Taiwan
Whitepaper is released to the public
FIRST VERSION OF SOAR TESTNET
SOAR PUBLIC SALE
Covering Asia, North America and Europe
OFFICIAL MAINNET RELEASE
Expansion of Soar platform into Mandarin, Korean, Spanish, French, Arabic, Hindi and Russian
LAUNCH OF SKYBOUNTY SYSTEM
Release of Security Token
LAUNCH OF MAPPING APP STORE