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SKYA 2026: Community Token, Use Case & Multi Network

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Sekuya recently shared key developments around its ecosystem token SKYA during a community session with Tokocrypto. The update highlighted three major strategic directions for the token: community ownership, real-world use cases, and multi-network integration.

SKYA as a Community token & Multi Network

One of the most significant updates discussed was SKYA’s transition toward becoming a community-driven currency. As part of Sekuya’s 4th anniversary initiative, the project executed a 40% token supply burn, valued at approximately $420,000.

Following the burn, the majority of SKYA supply is now held by the community rather than the project itself, marking a structural shift in token ownership and reinforcing the goal of building a decentralized ecosystem where growth is driven by participation rather than central control.

Beyond individual products, Sekuya emphasized a broader multi-network integration strategy, connecting SKYA with ecosystems that include government initiatives, large corporations, brands, and real-life communities.

Joshua Budiman, Founder and CEO of Sekuya and representing Tale X, explained that Web3 adoption will depend on how well it integrates into existing systems rather than competing with them.

“Web3 will succeed when it becomes part of daily life. It shouldn’t exist separately from Web2. Our approach is integration working with creators, brands, institutions, and communities so the technology supports real activities and real value.”

Expanding Real-Life Use Cases Through Foldin

Sekuya also introduced a new utility for SKYA through Foldin, a growing real-life social network focused on helping communities organize and participate in offline experiences.

Foldin allows members of a community to become contributors and hosts, creating events and gatherings that bring people together in real life. The platform has already facilitated more than 100 community-driven events, with over 22 brands preparing to join the ecosystem.

Lilis Huri, Co-Founder of Sekuya, explained that this direction reflects the company’s belief that Web3 should serve everyday social activity.

“We see SKYA as a community-powered token that supports communities in real life. Through Foldin, people are not just users, they become contributors who create events, host gatherings, and build connections. SKYA is meant to power that ecosystem and support community-driven activity in the real world.”

Asyah: Sharia Investment Platform for Millions of Indonesians

Another major initiative discussed during the session was Asyah, a Sharia-compliant investment platform currently being developed with major industry partners in Indonesia.

The platform aims to open access to ethical investment opportunities aligned with Islamic financial principles, allowing users to participate in asset-backed investments while adhering to Sharia guidelines.

Yohanes Hanifa, Co-Founder of Sekuya, highlighted the importance of building financial platforms that reflect the needs of Indonesia’s demographic landscape.

“Indonesia has one of the largest Muslim populations in the world. Through Asyah, we want to create an investment platform that allows people to participate in the digital economy while staying aligned with their beliefs and values.”

In conclusion, Sekuya emphasized that the partnership with platforms like Foldin, Asyah, along with its expanding network of communities, brands, institutions, and partners, is designed tao strengthen the long-term foundation of the SKYA ecosystem. The company believes that the most successful Web3 projects will ultimately be those connected to real businesses, real communities, and real economic activity, rather than existing purely on-chain. By integrating technology with real-world products, partnerships, and everyday use cases, Sekuya aims to position SKYA as a community-driven currency supported by tangible value and real adoption in daily life.

Source: https://medium.com/@sekuyaofficial/skya-2026-community-token-use-case-multi-network-629319e646d0 

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