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.
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
$15 409 800
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.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.