Official Smart Contract: 0xb11d6ec05f4e1280a83540511d19cb131afd176f
Whitelisting not required in the 1st round - receive tokens immediately after sending ETH. Make sure to set a gas limit of 150,000. If you don't own ETH, contact us for alternative payment methods.

Sikoba's MVP Token Sale is now live!

- 1st Round price of only $0.35 per token
- Only 91,816 tokens are left in this round

MVP Token Sale

Would you like to participate?

Round 1

Token Price: $0,35
Tokens: 107,143
Start Date: 23/12/20

Round 2

Token Price: $0,40
Tokens: 156,250
Start Date: To be announced

Round 3

Token Price: $0,45
Tokens: 333,333
Start Date: To be announced



SikobaPay is a blockchain-based IOU platform to register, track and clear debt. It has been developed to overcome the limitations of informal credit, which is widely used in developing countries:

1) Because debt is registered on a blockchain, users obtain legal recognition
2) Users can transact beyond their immediate circle of trust, as Sikoba automatically identifies trusted intermediaries
3) Sikoba automatically clears circular debt, thus reducing the need for cash settlement
4) Sikoba produces a verifiable audit trail, and thus a credit history

In addition to leveraging informal credit, Sikoba can address many use cases such as: local currencies, community lending, micro-loans,  basic income programs, etc.

  • First commercial contract for a co-branded version of Sikoba signed
  • Several MOUs with partners in the Philippines, Pakistan, Colombia and Kenya
  • Beta version of SikobaPay mobile & web app completed
  • Proprietary technology - "fuzzy" clearing  has been developed
  • First mover advantage in the P2P IOU market
  • Planning to deliver a production version in 1Q2021

White Paper

Learn more about Sikoba's concept, mission & technology stack


Explore how Sikoba can benefit communities in developing world

Sikoba Concept

Watch one-minute video introduction 
of Sikoba & SikobaPay


Become a part of Sikoba ecosystem by helping us with MVP-testing

Name : 

Sikoba Token

Symbol :


Token Type:


Decimal :


Max supply : 


Sikoba Tokens


Sikoba tokens (“SKO”) will represent an electronic form of value that will be used to indirectly pay for for transaction fees on the Sikoba network. There will actually be two types of tokens: SKO and SKS.


SKO is the main Sikoba network token, and this is the token being sold to fund network development. The price of SKO will eventually fluctuate based on supply and demand. Currently, there is no active market for this token, and we only have a record of token sales at (so far) steadily increasing prices. Once the mainnet is launched, a market for SKO tokens will be organized and the SKO price should be influenced by the actual growth of the Sikoba network as measured, for example, by transaction volume.


SKS is the internal Sikoba Gas token, an accounting unit whose value will be fixed against a basket of currencies, initially against XDR 1 with 1 XDR = 150 SKS. All transaction fees on the Sikoba network will be expressed in SKS, making them stable and predictable over the long term.

To Summarise

SKO are tokens whose value will fluctuate, while SKS tokens have a stable value. A user holding SKO will not be sure how many transactions he/she will be able to make in the future but may hope to see a price appreciation. A user holding SKS cannot hope for a price appreciation but will know exactly how many transactions he/she will be able to make in the future.


Token Economy

The demand for SKO tokens will be driven by users who wish to transact on the Sikoba network. Such users will have the possibility to purchase SKO tokens for fiat money or cryptocurrencies using various methods: on crypto exchanges, online using their credit card, from other Sikoba users, from local re-sellers such as participating stores, as well as from Sikoba local partners. We will also provide a way for Sikoba users to buy SKS directly, via a purchase of SKO followed by an immediate conversion to SKS.

The Sikoba network will include an Internal Special Purpose Exchange (“ISPE”) acting as an automated market-maker, fee collector and fee redistributor. The ISPE will tend to accumulate a net position in SKO, which it will periodically distribute to:

- The Sikoba Federation members (i.e. the node operators), to compensate them for the running costs of the nodes that they operate;
- The Sikoba Foundation, to provide it with resources with which to fund projects that will benefit the ecosystem;
- Sikoba network users, as incentives, e.g. as a reward for activity or staking;

The Sikoba Federation members and the Sikoba Foundation will tend to sell SKO tokens for fiat to fund their operating costs, thus closing the circle. Given a fixed supply of SKO tokens, this will naturally result in a tendency for the price of SKO to follow the volume of transactions on the Sikoba network.

Token Structure

Because the Sikoba mainnet has not yet been launched, tokens can currently exist only as temporary representations of future utility tokens. These are in the form of ERC-20 tokens on the Ethereum blockchain. In late June 2020, a new token contract was created at the following address, with symbol SKO:

Previously issued SikobaPreSale tokens (symbol: SKO1) still exist on the Ethereum blockchain at the following address:

Holders of the old SKO1 tokens can swap them for the new SKO tokens, we have published SKO1 ►SKO Token Swap Instructions on Medium.

After Sikoba mainnet launch, all token holders will be able to exchange their SKO tokens for the definitive SKO tokens, which will exist natively on the Sikoba mainnet.

Sikoba Timeline


Sikoba Ltd. incorporated

Alex publishes "Money, Credit Conversion and the legacy of Mithchell-Innes"


Sikoba Concept Development

Sikoba Green Paper Published

SKO1 ERC-20 Token Creation (Ethereum Platform)

We sold a small amount of tokens in an early presale


SikobaPay Development Preparation

Sikoba Architecture and Blockchain layer testing


SikobaPay app demo created
Development of the Use-Cases
Sikoba's IOU concept is getting traction among potential partners
Ecosystem Planning and Development


SikobaPay MVP Released, beta testing starts
MOU signed with local partners in the Philippines, Colombia, Kenya
First commercial contract for a co-branded version of Sikoba
Technology partnerships with Horizen and Mosaic Networks
Blockchain layer and web interface development


Sikoba mainnet launch
Sikoba Token Listing
Creation of Sikoba Foundation
BekiPay launch
Onboarding external node operators, focus on network scaling
Opening of regional offices


Large-scale launch in the Philippines, Colombia & Kenya
Reach 200,000 users

Our Partners


You can find information about Sikoba on our main website and on our Medium channel. If you have any additional questions about SKO tokens, you can also contact us via

You can participate by sending Ether to our official token sale smart contract at the following Ethereum address:


Make sure to set a gas limit of 150,000. Whitelisting is not required in the 1st round, but may be required in later rounds. You will receive tokens immediately after sending ETH.

If you don't own ETH, or would like to pay using another cryptocurrency or in fiat, please contact us at at

Note that we offer the possibility to hold SKO tokens for you until the Sikoba mainnet is launched. Such tokens are held in trust by Sikoba Ltd, beneficial owners receive an official "SKO Token Ownership Certificate" and can request the transfer of their tokens to an Ethereum account of their choice at any time, or to have them sent to their Sikoba account after mainnet launch.

Please always check that buying SKO utility tokens, being cryptographic tokens representing the right to transact on the yet-to-be-launched Sikoba Network, is allowed in your jurisdiction.

That said, we will not be able to accept contributions from the following countries: Albania, Bahamas, Barbados, Botswana, Cambodia, Ghana, Iceland, Iran, Iraq, Jamaica, Libya, Mauritius, Mongolia, Myanmar, Nicaragua, North Korea, Pakistan, Panama, Syria, Trinidad and Tobago, Uganda, USA, Vanuatu, Yemen and Zimbabwe.

Any ERC-20-compatible wallet should work. Once the Sikoba mainnet is launched, you will be able to transfer these tokens to your Sikoba wallet.

Because this sale is done using an Ethereum smart contract, you will received your SKO tokens immediately after sending your ETH to the contact.

For buyers who do not have an Ethereum account, we offer the possibility to hold SKO tokens for them until the Sikoba mainnet is launched. 

We are looking to raise US$250,000 to complete the development of the Sikoba mainnet and launch a co-branded version of Sikoba with our partners in Luxembourg.

The Sikoba SKO tokens are currently not tradeable and are also not yet listed on an exchange. As soon as possible after mainnet launch, we aim to list SKO on several exchanges, including ProBit.