XYO Network

XYO Network

Created using Figma
Created using Figma
XYO NETWORK is a vastly distributed network of interconnected devices based on smart contact that enables layered, location verification of data across the devices.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • KuCoin
    XYO/BTC 9 days ago
    $ 0.0005
    $ 1.755 K
    4.45%
    -29.79%
  • KuCoin
    XYO/ETH 9 days ago
    $ 0.0004
    $ 1.805 K
    1.51%
    -50.91%
  • Bittrex
    XYO/BTC 9 days ago
    $ 0.0004
    $ 13.99
    4.65%
    -98.70%
  • Idex
    XYO/ETH 9 days ago
    $ 0.0005
    $ 120.23
    34.68%
    77.64%
  • Uniswap
    XYO/ETH 16 days ago
    $ 0.0002
    -
    -
    -
  • ForkDelta
    XYO/ETH 18 days ago
    $ 0.0025
    -
    -
    -
  • Saturn Network
    XYO/ETH 20 days ago
    $ 0.0083
    -
    -
    -
  • DDEX
    XYO/WETH 20 days ago
    $ 0.0011
    $ 2.16
    -
    -
  • TokenJar
    XYO/WETH 20 days ago
    $ 0.0100
    $ 35.02
    -
    -
  • BitMart
    XYO/BMX 20 days ago
    $ 0.0005
    -
    -
    -
  • Bamboo Relay
    XYO/WETH 20 days ago
    -
    -
    -
    -
  • BitMart
    XYO/BMX 2 months ago
    $ 0.0006
    -
    -
    -
  • YoBit
    XYO/BTC 5 months ago
    $ 0.0019
    $ 178.90
    -
    -
  • YoBit
    XYO/USD 5 months ago
    $ 0.0025
    $ 7.45
    -
    -
  • YoBit
    XYO/ETH 5 months ago
    $ 0.0024
    $ 10.00
    14.29%
    40.06%
  • LATOKEN
    XYO/ETH 6 months ago
    $ 0.0022
    $ 244.26
    -
    -
  • LATOKEN
    XYO/BTC 6 months ago
    $ 0.0026
    $ 531.90
    -
    -
  • LATOKEN
    XYO/USDT 7 months ago
    $ 0.0023
    -
    -
    -
  • Trade.io
    XYO/BTC 9 months ago
    -
    -
    -
    -
  • Trade.io
    XYO/ETH 9 months ago
    -
    -
    -
    -
  • DDEX
    XYO/ETH 9 months ago
    $ 0.0037
    $ 112.91
    -
    -
  • DEx.top
    XYO/ETH 10 months ago
    $ 0.0063
    $ 9.70
    -
    -
  • YoBit
    XYO/WAVES
    -
    -
    -
    -
  • YoBit
    XYO/DOGE
    -
    -
    -
    -
  • YoBit
    XYO/RUR
    -
    -
    -
    -
Sale
Mar 20, 2018
May 20, 2018
100% completed
$12 000 000
25% hard cap completed
Hard cap 48 000 000.00 USD
past
Token Details
Ticker
XYO
Accepted Currencies
ETH
Company Details
Registered Country
United States
Additional Details
Whitelist
Yes , till Mar 7, 2018
KYC
Yes
Categories
Internet-technology, Smart Contract, Big Data

About XYO Network

CRYPTOECONOMIC INCENTIVES FOR LONG-TERM VALUE 
Built into the XYO Network’s cryptoeconomicssits ground-breaking tools for incentivizing both XYO Miners (crypto-location miners) and Token Holders (with Token Rebates), which encourage healthy liquidity, low transaction fees and long-term value. 
ALL UNSOLD TOKENS BURNED AFTER SALE CONCLUDES
In order to award those who purchase XYO Tokens during our current Token Sale period, all tokens that are not sold after the Token Generation Event concludes will be burned; thus the tokens one purchases during the sale becomes a finite, scarce resource, which benefits those who purchase tokens during the sale.
TRANSPARENT & AUDITED ETHEREUM SMART CONTRACT
During the Token Generation Event, the XYO Token uses the Ethereum platform’s ERC20 token standard. To ensure a secure purchase of the XYO Tokens, we have retained a third-party firm to test audit our smart contract to comply with best practices.

Features

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.

XYO Network Roadmap

  • Q4 2017 - XY’s Blockchain-Based Oracle Network Is Born

  • Development of moving the internal XY location network platform to an open blockchain implementation begins: the XY Oracle Network is born.
  • Q1 2018: XY Mints “XYO Tokens” to Be Used For Smart Contracts to Access the XYO Network

  • The XYO Token is created and represents the official currency to be used throughout the entire XYO Network.
  • Q! 2018 - Public Token Sale to Begin

  • The Public Token Sale is scheduled to launch on March 20, 2018 and to conclude on May 20, 2018.
  • Q2 2018 - XY to Complete XYO on Test Network (”XY TestNet”)

  • XY will complete the development of the XY Oracle Testnet and begin rolling out its location-focused blockchain protocol to its Sentinel devices.
  • Read More
  • Q3 2018 - XY to Launch XY Oracle Main Network (”XY MainNet”)

  • XY will issue a complete roll out of the XY Oracle Network to XY its Sentinel beacons and start tests with new Sentinel partners (specifically IoT companies and mobile app developers).
  • Q3/Q4 2018 - XY to Complete API for Smart Contract Developers to Interact With the XY Oracle Network

  • Release of the XYO Network API that enables smart contract developers to write contracts to interact with XY’s network. Libraries to be developed: Ethereum Solidity Library, Ethereum Viper Library and JavaScript library for websites to interact with the XYO Network (similar to the Web3.js integration with MetaMask).
  • Q3/Q4 2018 - XY to Release XY Sticker-Based Trackers, Which Can Be Added to eCommerce Packages

  • Launch the low-cost XY Sticker product which enables eCommerce retailers to track every single one of their products in realtime.
  • 2019 - XY to Grow Global Network of Diversified Location Sentinel Devices

  • Grow coverage of XY Sentinels (location data providers and verifiers) as well as other components of the XY Oracle Network (Bridges, Archivists, Diviners).
  • 2019 - XY to Onboard Larger Businesses, Organizations and Retail Companies That Have Use-Cases for Location Verification

  • Formalize business partnerships with enterprises and larger entities, which can benefit from a decentralized, trustless location oracle (e.g. logistics systems, supply chain companies, auditors, eCommerce businesses and countless other niches).

Activity

Activity:
79
LOW
Merit:
14
LOW
Posts:
23 587
VERY HIGH
Views:
171 478
VERY HIGH
Users:
4 596
VERY HIGH

XYO Network Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Arie Trouw
Founder & Architect
unverified
Scott Scheper
Co-founder & Head of Marketing
unverified
Markus Levin
Co-founder & Head of Operations
unverified
William Long
Head of Hardware
unverified
Christine Sako
Head of Analytics
unverified
Johnny Kolasinski
Head of Media
unverified
Jordan Trouw
Customer Experience Manager
unverified
Lee Kohse
Sr. Design Engineer
unverified
Louie Tejeda
Warehouse Logistics Supervisor
unverified
Maryann Cummings
Client Support Manager
unverified
Maria Cornejo
Retail Management Supervisor
unverified
Vicky Knapp
Sr. Accounting Manager
unverified
Patrick Turpen
Hardware QA Supervisor
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Azam Shaghaghi
Advisor - Blockchain Consultant
unverified

2 ICO

$12 000 000

Raul Jordan
Advisor - XYOMainChain Scalability
unverified

3 ICO

$15 409 800

David Kim
Advisor - Blockchain Specialist
unverified
Tristen Blake
Advisor - Artificial Intelligence
unverified
Tom Kysar
Advisor - XYO Token Market Economy
unverified
Zak Folkman
Advisor - Digital Programmatic Advertising
unverified
$ 0.0004
4.47%
Coin Stats
Daily, %:
4.47%
Weekly, %:
-0.61%
Monthly, %:
-20.08%
Market Info
Market Cap:
$ 3.309 M
Volume 24h:
$ 6.074 K
Circ. Supply:
7.997 B XYO
Ticker:
XYO

XYO Network Reviews

Samson Owiti
Cryptotrader, Crypto investor, Blockchain business expert

XYO NETWORK is a vastly distributed network of interconnected devices based on smart contact that enables layered, location verification of data across the devices.

PROS:

  • Faster transactions: The platform enables two entities to easily transact in a real world  without the existence of third party intermediaries  as it able to make location verification trustless for developers
  • Easy retrieval of items: The platform through XYs Bluetooth and GPS devices enables the users to  place physical tracking devices beacons on the items that they intend to track such as keys, luggage, bikes and even pets and easy retrieve them in case of any misplacement
  • The platform has employs a well interconnected system end to end functionality where the system enables the user to get the best answers from the queries generated from the initial stage
  • The platform components  along with the Proof of Origin Chain get paid for their involvement in fetching the answer to the query
  • Security: The platform  enables the secure storage heuristic data without easy access by fraud and unauthorized intermediaries
  • The XYO whitepaper clearly outlines the components  and protocol involved, how the network works and the crypto economic incentives underlying the network
  • Good team experience  led by the CEO Arie Trouw who has managed different projects as the Chief Executive officer , Chief Financial Officer  and Operating Officer making him fit to lead the implementation of the project

CONS:

  • The token users are not provided with adequate  incentives by the platform
  • The project team is missing in the whitepaper
  • The  platform sentinel is likely to undergo Distributed Denial of Service Attack in some areas

SUGGESTIONS:

  • The platform team should be included in the whitepaper
  • The platform should involve the token users in most of its activities
  • The token used should undergo a pre-ICO sale to raise more funds for the project

NOTE:

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.

 

 

Read More
icoexaminer.com
ICO review website

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.

Read More
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