Soar Pre-Sale

Soar is a decentralised global platform for the distribution and monetisation of drone data and content. Soar’s decentralised global marketplace will be similar to AliBaba, eBay and iStock photo.

CLOSED 20 April 2018
Share Price: $0.15Min Parcel: $9999.9Type: Token
Key points


  1. Bids are in US$ ONLY (No ETH or BTC).
  2. Bids will only be accepted from Akela Members that have a verified Investment Profile. 
    Please verify your profile if you have not already done so.
  3. Bids will be collected by Akela and passed onto the Company for acceptance and processing
  4. All further correspondence after Akela has forwarded the bids on to the Company will be from the Company itself or the Lead Manager

Soar is seeking to develop the world’s first decentralised global platform for the distribution of drone data and content.

The Australian geospatial and mapping technology company is seeking to raise up to US$20 million (A$25.8 million1), with the TGE looking to raise US$15 million (A$19.4 million) through a pre-sale offering, an issue price of US$0.15 per SkyMap (SKYM) token, representing a 25% discount.

Soar will seek to raise a further US$5 million (A$6.5 million) through the public sale at a price of US$0.20 per SKYM token.

The TGE proceeds will go towards bootstrapping Soar’s blockchain technology, global marketing of its platform to users (including on-boarding of drone operators and suppliers) and hiring of additional staff and setting up physical business presence in Asia, Europe and the US.

Lateral Capital Ventures (LCV) CEO and founder, Tommy Shin, said: “Soar is entering an exciting stage as it looks to commercialise its revolutionary drone technology and prepares to launch its consumer application."


Lateral Capital Ventures

Purchasing currency


Lead Manager

Lateral Capital Ventures

Offer Details

Up to US$20M Pre-Sale ICO

Issue Price

25% discount @ US$0.15 per TOKEN

Use of Funds From the Offer

  • Commercialisation of Soar blockchain
  • Global marketing of Soar platform to users (including on - boarding of drone operators & suppliers )
  • Hiring of additional staff and setting up physical business presence in Asia, Europe and US

Funds Due

Sunday 7th May 2018


The use of drones and drone data continues to grow at a rapid rate, and with this uptake, the problems of having a decentralised and non-cloud-based storage continue to exacerbate.

The Soar platform is designed to offer the international community a decentralised marketplace for high quality drone footage that connects customers with content creators in a secure, trustless and distributed community leveraging blockchain technology.

Hobbyist drone operators through to professional organisations will be able to monetise unused content in a marketplace driven by the free market forces of supply and demand.

Soar offers a practical, commercially-viable solution with its technology already in use by major organisations including the military.

The TGE is being completed by an international consortium of advisors, with LCV appointed to manage all Australian activities.

Soar CEO and founder Amir Farhand said: “What we are setting out on doing with Soar is to build a compelling solution for drone technology, with a primary focus on stability and community engagement.

The blockchain further enhances this by encouraging both accountability and authenticity. Our end game is to build a dynamic super-map of the world at an unprecedented level of detail and validity using crowd sourced drone imagery."

We are really excited to have LCV on board as a partner and they bring with them an innovative approach to TGEs. The response from the investors and partners so far has been immensely positive.”

Soar intends to have its SKYM tokens available for use on its platform by June 2018.


Welcome to Soar
Soar Token Generation Event 2018 - Decentralised Drone Platform