Facilitate education, research, and continued development of the XYO Protocol to increase understanding of the public benefit of an incentive driven geospatial location network.
The XYO Network makes it possible for smart contracts to access the real world by using the XYO Network's ecosystem of devices to determine if an object is at a specific XY-coordinate. If it is, one can set up applications which execute transactions in the smart contract.
The XYO Network enables developers to gain the power to interact with the real world as if it were an API.
Q4 2017 - XY’s Blockchain-Based Oracle Network Is Born
Q1 2018: XY Mints “XYO Tokens” to Be Used For Smart Contracts to Access the XYO Network
Q! 2018 - Public Token Sale to Begin
Q2 2018 - XY to Complete XYO on Test Network (”XY TestNet”)
Q3 2018 - XY to Launch XY Oracle Main Network (”XY MainNet”)
Q3/Q4 2018 - XY to Complete API for Smart Contract Developers to Interact With the XY Oracle Network
Q3/Q4 2018 - XY to Release XY Sticker-Based Trackers, Which Can Be Added to eCommerce Packages
2019 - XY to Grow Global Network of Diversified Location Sentinel Devices
2019 - XY to Onboard Larger Businesses, Organizations and Retail Companies That Have Use-Cases for Location Verification
Attention. There is a risk that unverified members are not actually members of the team
$4 076 000
XYO NETWORK is a vastly distributed network of interconnected devices based on smart contact that enables layered, location verification of data across the devices.
The platform enables the user to easy store their data and easily retrieve their valuable items in case of misplacement making it viable hence promoting me to invest in the project.
Whilst the scope of the project is ambitious and, frankly, risky given its dependency on the success of achieving a network effect (in the literal sense of the term), what gives the project credibility is the fact that it is driven by a team with a successful of history of building a successful business model that operates at the outer boundaries of innovative technology.
The tokenomics of the project – incentivising each actor on the network – in combination with the business model’s sheer malleability for finding use cases that could be potentially of benefit to a wide range of as-yet unidentified applications, are what gives the project its best hope of achieving mass adoption.
Whether the undertaking achieves eventual success or not, however, is not something that will likely be determined in the shorter term. The sheer ambition of it all implies a long term commitment.
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