A phase-based growth model is a structured approach in crypto projects where price points are hard-coded to the supply of coins in each phase, ensuring that any entrant in any phase will not fall below their entry price. This model disciplines the community for the longer journey, encourages serious participation, and helps build trust through transparent, automated systems with smart contracts that eliminate external manipulation.
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🔥 Inside SKYEORA’s Future Ecosystem | CEO: Ashish Dharmadhikari & CMO: Fabio ResendezAdded:
So, if we talk about the crypto market, how do you see its evolution over the years? The cryptocurrency is the byproduct of blockchain technology.
If you go down the rabbit hole, you will realize that in the last 30 years, a lot of people have tried and failed. Skyora, how did it all start?
>> Yes, 75% market share is commanded by Ethereum and Bitcoin. Phase-based growth model, can you break that down in simple terms for our viewers? 14 and 16-year-olds are also able to go from beginner to pro-level coding in a matter of months. You can create your own blockchain project in a matter of weeks.
So, how does a Skyora build confidence among users? Trust is one of the biggest challenges in our segment today. Someone who wants to enter this [music] space, what kind of mindset do they need to have? Take the long road instead of shortcut. Don't choose speed over quality. Why do you think this is the right time for [music] people to look at Skyora? Skyora is in the early stage now. People should note that the system is built with all the cogwheels in the place.
Hi guys, welcome to the special podcast series of Skyora. This episode is going to be the special one cuz we are having some special guests who are doing really great in crypto space. Let's welcome CEO, Chief Executive Officer of Skyora, Mr. Ashish Dharmadhikari, and Chief Marketing Officer, Mr. Fabio. We welcome you, sir. How's you, Ashish? I'm good.
I've been traveling extensively for a couple of months now, and right now, for the last 20 days, I had been able to relax myself here a bit in Thailand. I was able to mix pleasure and work together. The energy is good here. The people are young. It's kind of helping me recalibrate myself and get back to work with more vigor. How are you, Fabio? Yeah, everything is fine. Right now, I'm in Dubai, but as Ashish sir said, Pattaya, which is in Thailand, is a little bit hot and warming, but the people and everything is nice here. So, I have been there. I have a good experience here. So, I'm good in that.
So, let's not waste our time and jump right in. First of all, tell our viewers a little bit about yourself. Hi everyone. Hi Shital. I'm Fabio. I'm from Amarante, Portugal and currently based in Dubai. I have an experience of more than 10 years in technology marketing domain, which is also called MarTech. I have worked on SaaS and PaaS before switching to blockchain and asset tokenization. My expertise in nurturing communities, targeted outreach, sales marketing alignment, etc. Hello. I'm Ashish.
I'm from India, currently based in the US.
I've worked in the telecom sector, IT sector for more than a decade.
And I've seen the change from wires to wireless first hand. My proficiency lies in business conceptualization, delivering growth to key stakeholders.
And Ashish, one quick question, how did you guys meet? A great question, because it was good memorable history for me. We met at Blockchain Summit held in Dubai in 2016. Right.
>> Many known dignitaries walked in that day to share their two cents. Correct. I must say the energy in the room was transformative and intellectually very stimulating. I think the seed for my transition to blockchain and asset tokenization was laid there. I bumped into Ashish during the lunch. After exchanging pleasantries, we got talking about Dubai points, a pilot project which was invalid that day. Correct. He was bubbling with ideas that day like a kid left unattended in a candy store.
What I could ascertain was he was very passionate about service marketplace, tourism, and wanted to bring all this under one umbrella.
After a healthy discussion, we built firewall and decide to stay in touch.
Oh, so how did the collaboration actually happens? That's a good question. I have to be honest here. It wasn't planned per se. It was organic.
To give you an insight, after the Dubai meet, we almost lost touch of each other as we got busy with our own life.
He was back to state and traveling extensively which I got to know later.
We exchanged a few emails and phone calls here and there, but nothing related to work. It was more of a casual touch based to check in each other. It was during the COVID that I got to see his human side as well apart from the strong business acumen that he possesses.
It took It take out time to reach out to me.
Checked my well-being that really track a chord with me. I have had my fair share of interaction with sharp and intelligent people, but they often are calculated. The vibe is a shared display of give and take relationship and Ashish was completely opposite. He not only cared about his people, he cared about someone whom he met briefly during a conference concerned about their welfare. All of this was very heartwarming. I must admit I did make up my mind that someday we have to work together. She did. We had known each other for years. However, when we lost touch, I realized that I was interacting with other people as well. Fabio's biggest strength is the fact that he understands markets, he understands marketing deeply and he is in a position to utilize all the factors which are required to make a product successful.
Also, his strengths and his working style is complementary to mine. Exactly.
What is out was our strength we have complementary. Ashish has deep expertise in building a structure system and a strong network while I focus on global strategy, branding, and market expense expansion.
Our thought process was synchronized, so that helped a lot. Collaboration was just a natural step towards each other.
We decided to create something meaningful, something that is robust, something that is transparent, and helpful. If we talk about the crypto market, how do you see its evolution over the years? Great question. See, first of all, it's important for everyone to understand the cryptocurrency is the byproduct of blockchain technology.
It's underlying infrastructure, distributed, and decentralized ledger system is what give birth to cryptocurrency.
There have been numerous attempts prior to Bitcoin as well.
Bitcoin was able to weed out the problems faced by its producers and homogeneously appeal to public at large.
Through protocol limited supply and mining structure was exact opposite of the real world monetary system. If someone asks me, "What's the best thing about internet?"
my answer always has been the same. It opened the floodgates of knowledge for people and information flow was seamless. Bitcoin gave legitimacy to the term cryptocurrency, you see, and made it a household name due to internet. If you go down the rabbit hole, you will realize that in the last 30 years a lot of people have tried and failed.
And we are not even talking about the people whose efforts were undocumented or who failed privately within four walls.
>> Sorry to interrupt you, Ashish. Now, I'm coming to your question, Shritil. As per statistic of CoinMarketCap, approximately 50 million unique crypto assets are tracked by them. And around 10,000 are actively traded and have some activity to significance.
Major exchanges like Coinbase have around 300 cryptocurrencies which are well waited for trading. She tell, do you know about home.fun? That's a good example. It's a website that allows a user to create their own meme token.
To the day and if you meet their milestones, your meme token can graduate to real exchange as well. And anybody can do this with their laptop and internet connection from their living room.
The point that I'm trying you to make is the market has successfully evolved from a skepticism to structured certainty.
See, from being a speculative tool on trading platforms, the shift has now happened towards building real ecosystems and use cases. People now expect projects to deliver real value.
Yeah, people talk about time or timing, but being marketing person, I believe that if you can tell the user or customer the product or service that you are offering can make a difference in his life and it it will be for long time. Why does adoption won't happen?
What matters at the end of the day is what value addition do you provide to the people?
People no longer value or get attracted to high belong term viability. So, they key differentiate nowadays. And what kind of major changes have you personally witnessed? This is an interesting question, Sheetal. I'd love to answer this in points. First point is crypto was initially a side hustle pet project for tech enthusiasts. They were working on the what if scenario, but the limelight and adulation that was received by Bitcoin flipped the game completely. It gone mainstream now. From boomers to Gen everybody talks about crypto. Secondly, Bitcoin triggered a wave of cryptocurrencies that solved different use cases. Ethereum, Solana are good examples for the same. Third point would be platforms are now being built on blockchain that allow people to lend, borrow, and earn interest without banks.
A parallel financial system has taken shape in the form of decentralized finance, which runs on smart contracts rather than intermediaries.
Fourth point would be earlier blockchains were slow and expensive. Now there are newer technologies and the hardware upgrades have improved the transaction speed and reduced fees as well.
Fifth point would be people now have a strong focus on self-custody, transparency, and risk management.
If you look at the governments as well now, they're actively regulating crypto worldwide. Central banks are exploring digital currencies, which could reshape finance further. This was my sixth point. And lastly, seventh point would be crypto markets are still highly volatile, but there's more liquidity now. Institutional participation and structured trading in the form of futures, ETFs in some regions. That's lovely. So now coming to the main topic, Sky Aura, how did it all start? What was the inspiration behind it? Good question. A couple of winter back, me and Ashish retouch upon our conversation from the recent meet.
We picked up from where we left.
We already had identified to the gap and opportunities.
It was clear from the day one and that he wanted the project to take shape within the blockchain environment.
We were sure about building a community around this.
However, we faced two major challenges.
First one, how to stand out in a market where 75% market share is commanded by Ethereum and Bitcoin. Second one, in terms of institutional player who have permission version of same technology withdraw founding away from public decentralized protocol.
In short, blockchain was driven from established monetary system and now the system was integrating this into their supply chain.
After much deliberation and thinking, we decided to go the structured way.
Instead of being a small scale or garage developers, we zeroed on building a team having well-defined roles and gave it a corporate face.
We registered ourselves in the most crypto compliant environment, US. We positioned our base in Thailand and our operational office is here in Pattaya.
So, all in all, it was organic, as I said earlier. I had already made up my mind that someday we will work together and today here we are. So, if you had to explain Sky Aura in the simplest way possible, how would you describe it? Do you want me to answer this or you'll answer? I'm comfortable, I will do it.
Okay.
So, Sky Aura is a blend of real world and digital assets. We intend to transition from being a blockchain technology provider to an integrated infrastructure backbone. It's a complete ecosystem built on blockchain with planned growth milestones, automated transactions, and system built on fairness running transparently. Three way and core holds this project together.
Technology through Sky Chain, growth through Sky Coins, and stability through SUSDT.
Lovely. And what are the main focus areas you're working on right now? I believe Ashish will be in a better position to answer this. Thank you, Fabio. There are four areas that we wish to target. Community building, adoption of the blockchain within the community, maturing the ecosystem with the help of tourism use cases, and lastly, listing on exchange once the code base is hardened and the maximum bandwidth is achieved.
point is dependent on the earlier one like a precondition. Our vision has always been to have a community-driven digital asset system. Transparency was our top priority. Learning from history, the supply is controlled and decentralized, automated. Blockchain technology adds trust layer to this, thereby creating long-term value for all stakeholders.
To achieve this, we made it our mission to have smart contracts-enabled automated system built on fairness. We incorporated phase-based growth model. This supports both innovation and helps community confidence as well.
Skychain, which is a layer-one blockchain, ensures speed, security, and scalability. On the other hand, Skycoin allows for predictable value creation.
Earnings and rewards remain consistent through SUSDT. We care about people, participation and long-term tenants. Uh there's something called phase-based growth model. Can you break that down in simple terms for our viewers?
Thank you for this question. Let me explain this in detail. As you already know, I did mention earlier that crypto markets are highly volatile. To add to this, there's a wide gap between the star performers in the segment who command a hefty share and the ones that get launched every alternate day.
A decade back, cryptocurrency, blockchain, protocol, all of these were fancy jargons. Today, 14 and 16-year-olds are also able to go from beginner to pro-level coding in a matter of months. And the advantage of applications like Cursor, Replit, Claude's Artifacts, you can add this.
You get a dynamic mix of tools at your disposal. You can create your own blockchain project in a matter of weeks, if not months. So, we didn't want this to be a rug pull. We didn't want to go the shilling way by aggressively promoting ourselves to unsuspecting stakeholders. Therefore, we narrowed down to the approach of phase-based growth model. What is really happening here is we have hard-coded the price points to the supply of the coins in each phase. This ensures that any entrant in any phase will not fall below his entry price.
Secondly, by the time we come on the exchange, the size of the community would be sufficient enough to handle and absorb the unseen shocks which may arise. In simple terms, phase-based growth model was conceived to discipline the community for the longer journey.
We want serious people to participate and reap the rewards along with us. And the FIFO system? It sounds a bit technical. So, can you explain it in an easy way to our audience? Sure thing. In a very simple word, FIFO means first in, first out. Viewers in first first get the first opportunity to exit, just like a queue. See, in Skyora, when you place your selling bid early, you get a priority in execution. This is the strategy mechanism to to tackle distribution, encourage user loyalty, and manage investor psychology.
Early access and tiered reward systems manage liquidity. It gives the OG status to early adopters tied with capital strategy.
This also inculcates long-term holding mindset in investors, reducing immediate selling pressure within the community.
We also have 100% redistribution, 20% sell rule. These are also mechanisms just like FIFO. That 20% resell rule also yeah, how does that actually benefit users? Interesting. This one is the exact counterbalance to FIFO. FIFO works on patience, whereas 20% sell rule does the exact opposite. It allows you to take actions in controlled measures.
This brings dynamism in the ecosystem.
Right. If your action help to grow the ecosystem in any way, you get to rub benefit up to 20% of the growth promoted, pretty decided as per the smart contract, no human intervention, no referral code, nothing. Straight on your dashboard, you can see this work in magic. This way, you not only accelerate yourself, you become a key driver in scaling the system. It's an equal opportunity proposition for everyone. No discrimination. Not to forget, it helps the blockchain identify which are the active users and which are the passive ones. It also helps us to conduct data analytics on community behavior to design the system better and upgrade faster. Okay, that's great. And so, for someone who wants to enter this space, what kind of mindset do they need to have? Sheetal, Rome was not built in a day.
Take the long route instead of shortcut.
Don't choose speed over quality. Upgrade your skills as the lack of will lead to poor results and time consuming errors.
Everybody has dreams. You're no different, neither are your dreams. Work towards them one step at a time. Take good review of your actions every day.
Identify and rectify the mistakes that you make. Be quick in adapting to changing environments. Stay committed to your purpose. Consistency and patience is key here. And you know, let's be real. Trust is a big concern in crypto.
So, how does a Skyora build confidence among users? Phenomenal question. Trust is one of the biggest challenges in our segment today. People have seen empty promises and sky-high dream that settle down nature into reality. Our structure is automated with smart contracts and no manual control.
Phase-based growth model, FIFO, 20% sell rule. All of these are integrated in the infrastructure. So, zero external manipulation. Community is built on reward on the principle of participation and adding value to the ecosystem.
This helps in fostering mutual trust within the community. All right. So, let's lighten up things with a quick rapid-fire round. I hope you both are ready. Yes. So, one word to describe Skyora. Scalable. Structured.
Biggest learning from your crypto journey. Patience the only thing that matters.
I think discipline and consistency are your best friends. One mistake people should avoid. Don't chase the hype.
Always have well-read informed opinion.
Eliminate emotional bias always.
I think people don't research enough.
They should learn the foundational tools and concepts first. One piece of advice for beginners. Start early. Start with learning from the right resources.
I believe focusing on building trust is important. Rest everything will follow.
So, before we wrap up this, what message would you like to give to the community today?
Take time to understand how our blockchain works.
And then take action with confidence. We intend to build something meaningful over time. Grow together as a community.
Trust the process and nothing else. Why do you think this is the right time for people to look at Sky Aura? Sky Aura is in the early stage now.
Early positioning always create the the the biggest advantage.
People should note that the system is built with all the cogwheels in the place. They can position themselves early and be a part of this growth story with us.
Early stages are often about opportunity which matures into expansion and we promise to be explosive.
And finally, what's one promise you'd like to personally make to the Sky Aura community today? I value feedback a lot.
I will encourage the community members to reach us out through message board and other medium with all the suggestion they can think of.
I assure you we would look into it and implement them without hampering the structure we have created. I'll be honest here. For any system to function without interruptions, it has to be capable to handle the overload that may come in from time to time. Just yesterday, the mainnet was undergoing updation for auditing the security protocols. We were up and running without hampering or compromising critical user interfaces.
I assure you this will always be the case every single time. All right, that was truly insightful. Thank you so much for joining us today. It was great having you. Thank you, Sheetal. And to everyone watching out, if you enjoyed this episode, don't forget to like, share, and subscribe. Thank you.
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