XYO Network XYO Price

What is XYO Network (XYO)?

In the rapidly evolving world of blockchain technology, XYO stands out as a pioneering force. Launched in 2017, XYO has embarked on a mission to transform how location data is utilized and verified, aiming to establish a trustless and decentralized network of location oracles. This network, known as the XYO Network, strives to achieve the highest level of data certainty while being resistant to attacks, thereby revolutionizing data reliability in the digital domain.

XYO is not just a concept but also a functional cryptocurrency, operating on the Ethereum platform as an ERC-20 Utility Token. This token plays a critical role within the XYO Ecosystem, serving both as a medium for paying for services and as a reward mechanism for users contributing data or services. Its versatility is further enhanced by its compatibility with various crypto wallets and blockchain systems, and its availability across multiple major cryptocurrency exchanges.

At the heart of XYO's innovation is the XYO Protocol - a set of blockchain standards and rules that govern the ecosystem and the structured data within it. This protocol ensures a harmonious blend of data sovereignty, permanence, and provenance, essential for technologies built on the XYO Platform. By prioritizing data security, accuracy, and trust, XYO empowers users with complete control over their digital identities and privacy, restoring the vision of a decentralized, secure, and user-centric internet. Furthermore, the protocol's modular design enables developers to incorporate XYO's technology flexibly, enhancing data trust through reliable audit trails and ensuring data's long-term use and value.

What is unique about XYO Network (XYO)?

XYO Network, launched in 2017, uniquely combines blockchain with location data, creating a decentralized, attack-resistant network of location oracles.

Who are the founders of XYO Network (XYO)?

XYO Network was co-founded by Markus Levin and Arie Trouw, who brought innovative blockchain solutions to location data verification.

Who are the backers/investors of XYO Network (XYO)?

XYO Network has investors and backers such as Eric Quidenus-Wahlforss, Klaas Kersting, XY Labs and more.

Where can I buy XYO Network (XYO)?

You can buy XYO Network (XYO) on MEXC, Gate.io, Coinbase, KrakenCrypto.com cryptocurrency exchanges.