Sylo is a decentralized communication and data exchange network powered by layer2 micropayments and the $SYLO token. The network provides the infrastructure for user-run services, allowing developers and businesses to run applications privately and seamlessly without building the underlying network themselves. The project uses a pledge structure and unique probabilistic token issuance to ensure the lowest transaction costs and unlimited scalability. This scalability can be demonstrated in the flagship application Sylo Smart Wallet, a decentralized crypto wallet that currently has over 200,000 users.