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XYO Network (XYO)

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Status
ICO

XYO is the original DePIN (Decentralized Physical Infrastructure Network). It was built to create a fully trustless oracle for Web3 and Web2 users. The XYO token powers the XYO ecosystem, which includes a network, DePIN system, protocol, SDKs, software suite, and software platform (xyOS), with APIs soon to follow. This decentralized ecosystem incentivizes the aggregation and validation of data, facilitating personal and organizational data sovereignty.

XYO Network White Paper WhitepaperXYO Network Onepager Onepager

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NA
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User Rating
Medium
3/5 1 votes
Ticker
XYO
Type
Utility-token
Token standard
ERC-20
FoundedUnited States
Registration countryUnited States
Registration year2018
Office address740 13th St. #224 San Diego, CA 92101

What is XYO Network

XYO is a DePIN ecosystem of consumer software, developer tools, a decentralized network, and digital assets. XYO facilitates and incentivizes the aggregation, validation, and use of decentralized data. Built around the XYO token, the XYO ecosystem accumulates and circulates data such that individual and organizational participants in the ecosystem retain control over their own data - also known as data sovereignty - and can be rewarded for the use of their data with the XYO token. Data use is incentivized by providing immutable, tamper-resistant, blockchain data for a wide variety of possible uses, including AI modeling, metaverse applications, and data analytics.

XYO works by incentivizing users to participate in data submission and collection through various means, including the accumulation of digital assets like the XYO token and a variety of useful services provided by XYO. Anonymous data submitted this way is then permanently and immutably made part of XYO’s decentralized data network, and the user may opt out from submitting further data at any time. XYO and third party developers can then tap into that data using XYO’s suite of software and tools, including robust SDKs, documentation, and APIs. Transactions to receive data are paid in XYO tokens, maintaining a strong economic cycle within the system.

XYO serves as an enabler of DePIN-derived, sovereign data for AI, metaverse, and a wide range of data analytics applications, fostering collaborative ecosystems where participants willingly contribute data and receive compensation. Its aggregation and analytics capabilities extend across diverse domains, empowering organizations to derive meaningful insights from complex datasets for informed decision-making. XYO's DePIN infrastructure facilitates the use of both digital and real-world data streams for insights into various phenomena, informing applications ranging from urban planning and environmental monitoring to highly localized human mobilization for promotional purposes.

XYO Network Roadmap

1
Q4 2017
  • XYO Whitepaper Development
  • XYO Network Founded
  • 2
    Q1 2018
  • XYO Whitepaper Published
  • XYO Tokens Minted
  • 3
    Q2 2018
  • XYO Token Main Sale
  • XYO Protocol Proof of Concept
  • XYO Protocol MVP
  • 4
    Q3 2018
  • XYO Network Acquires LayerOne
  • Launch of XYO 1.0 (Gamma)
  • Launch of XYO Main-net
  • "Payment on Delivery" Smart Contract on Main-net
  • 5
    Q1 2019
  • Release XYO 2.0 (Matrix)
  • iOS Client Preview
  • Android Client Preview
  • 6
    Q3 2019
  • XYO iOS App 3.0
  • XYO Android App 3.0
  • XYO Explorer
  • Ethereum Diviner
  • BridgeX Code Update
  • Updated Developer Docs
  • 7
    Q4 2019
  • iOS Link SDK 1.0
  • Android Link SDK 1.0
  • COIN App and XYO Client Link Integration
  • Open Source Initiative
  • 8
    Q1 2020
  • Release XYO Network 3.1
  • 9
    Q2 2020
  • Enterprise API & SDKs
  • Token Sale Dates

    ICO

    Start date: Mar 20, 2018
    End date: May 21, 2018

    Token Allocation

    Total Token Supply 13,931,216,938 XYO

    Funding Details

    Hard Cap 48,000,000 USD
    Funds Raised (as of now) 11,951,000 USD

    Funds allocation


    40% - XYO Network growth, marketing, partnerships
    35% - Engineering and R&D
    15% - XY Oracle Network platform operations
    5% - Overhead
    5% - Supporting important Ethereum platform projects

    Project team

    Arie Trouw
    Arie Trouw
    Founder & CEO
    Arie Trouw linkedin-team
    Markus Levin
    Markus Levin
    Head of Operations
    Markus Levin linkedin-team
    John Arana
    John Arana
    Head of Innovation
    Christine Sako
    Christine Sako
    Head of Internal Operations and BI
    Christine Sako linkedin-team
    Joe Bader
    Joe Bader
    Lead Innovation Engineer
    Joe Bader linkedin-team
    Jordan Trouw
    Jordan Trouw
    Head of Customer Experience
    Jordan Trouw linkedin-team
    Joshua Jensen
    Joshua Jensen
    User Acquisition Manager
    Joshua Jensen linkedin-team
    Lin Lee
    Lin Lee
    Accountant
    Maryann Cummmings
    Maryann Cummmings
    Head of XYO Operations
    Maryann Cummmings linkedin-team
    Ricardo Alcazar
    Ricardo Alcazar
    Production Engineer
    Ricardo Alcazar linkedin-team
    Ryan Hansen
    Ryan Hansen
    Senior Software Engineer
    Tyler Hill
    Tyler Hill
    COIN Support Manager
    Tyler Hill linkedin-team
    Phoebe the Dog
    Phoebe the Dog
    Head of (Virtual) Office Excitement

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