Skycastle
Company details
Skycastle is a NAV-backed token incubator on the blockchain, designed to foster early-stage projects by drawing on evolutionary lessons from token models like ICOs, DeFi, play-to-earn games, NFTs, social tokens, and DAOs. It operates as a collaborative network of founders, strategic Partners, and advisors unified by a single index token called SKY, which grants holders diversified exposure to the ecosystem's collective upside. The core mechanism involves Skycastle acquiring a 5% stake in the token supply of vetted early-stage builders in exchange for incubation support, consolidating these holdings (alongside ETH and SKY reserves) into a transparent Net Asset Value (NAV) treasury that includes open market positions, while implementing automated buybacks to establish and reinforce a robust price floor for SKY.
