XYO Network (XYO)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. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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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.
DetailsPublic sales: Mar 20, 2018 - May 21, 2018Token supply: 13,931,216,938 XYO Hard cap: 48,000,000 USD Raised: 11,951,000 USD LegalBlockchain Platform: EthereumRegistration country: United States Registration year: 2018 Office address: 740 13th St. #224 San Diego, CA 92101 | Token infoTicker: XYOType: Utility-token Token standard: ERC-20 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 |