XYO is a scalable and incentivized location-based oracle network for smart contracts to interact between our digital and physical realities.
I. Project Introduction
XYO created a people-powered data network that crowd-sources determination of real-world truth, digitized into cryptographically verifiable formats that are interoperable with blockchain technologies.
Self-driving vehicles, package-delivering drones and smart cities are all outcomes in our technological future which will each require real-world data being accurately represented in the digital world.
Decentralized sources of this required data that are delivered from a widely distributed network of users and devices will be necessary for the inputs and consensus-based results to be properly trusted by the systems that rely on them.
The XYO Network is a Decentralized Oracle Network that delivers real-world verifiable data to the blockchain using a distributed system of Edge Nodes and Core Nodes that utilize cryptographic technologies which greatly reduce the risk of false inputs becoming reported truths.
II. Token Information
1) Basic Information
- Token name: XYO
- Total supply: 13,931,230,213
- Tokens in Circulation: 13,931,230,213
- Price for early investors: The price for during the the fluctuated as it was priced in ETH. Investors paid between $0.0004 and $0.001
- TGE Date: 21/3/2018
- Contract Address (ERC20): 0x55296f69f40ea6d20e478533c15a6b08b654e758
2) Token Distribution and Token Release Schedule:
|Party||% of the total||Token Release Schedule (All tokens are 100% vested and tradable. No locked up supply)|
|XYO Development Funds||0%||3,815,003|
III. Related Links
Official Website: https://xyo.network/
Blockchain explorer: https://etherscan.io/token/0x55296f69f40ea6d20e478533c15a6b08b654e758
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Huobi does not take responsibility for any resulting direct or indirect losses.
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