Partnership with XYO network
Dyor Exchange is overjoyed to announce our next pre-listed project – XYO network.
XYO is the original DePIN (Decentralized Physical Infrastructure Network). XYO is an open-source platform built to create a fully trustless oracle for Web3 and Web2 users through data-based sovereignty, provenance, and permanence.
Combining a network and protocol, the XYO network can be used for aggregating, verifying, organizing, and utilizing decentralized data from any hardware node capable of running XYO-enabled software or firmware.
Dyor Exchange aims to list the XYO token on the Dyor app.
Key Highlights
XYO's story officially started in 2018, but its roots go back to 2012 when Arie Trouw founded XY Labs.
The blockchain behind the COIN app. The launch of the unique platform that rewards users for generating data COIN app in early 2019. With over 8 million installs across more than 150 countries, COIN has paid out over USD 10 million worth of cryptocurrency to its users, who have collectively earned more than 5 billion XYO Tokens.
XYO Network has 3 institutional investors including Rhapsody Ventures, Outliers Fund, and Elevate Ventures.
Key Features
Blockchain Protection: Built-in data validation, helps to protect your data from both errors and attacks.
Optional Decentralization: Whether you want to add a few decentralized plugins or completely re-vamp your project, XYO allows you to add just as much decentralization as you want. All XYO Modules have sovereign ledgers, improving performance, ease of application, and transaction speed.
Data Clarity: XYO provides an easy-to-use, human-readable, JSON-based data structure for storage and organization. Prioritizing a data structure as JSON means more compatibility across technologies.
Unique Value Proposition
XYO operates as a trustless oracle, providing Web2 and Web3 clients with easy access to reliable and accurate real-world and digital data. By using its decentralized network, XYO guarantees the integrity and security of data, making it a critical tool for building trustless applications across industries.
XYO’s defining premise is decentralized verification, allowing network devices to verify the data flowing into the network’s databases by acting as witnesses for one another, strengthening the veracity of data received.
XYO is able to process any kind of decentralized data that can be generated, including location, user input, device interactions, and heuristics of all types. The simple and easily accessible organization then allows this data to be put to use quickly and efficiently.
Besides, XYO’s network is also fully blockchain-enabled, allowing both data aggregation and storage to be fully decentralized if desired, although centralized data storage is also easily accomplished.
Tokenomics
XYO Token is XYO's primary utility token designed for utilization in the XYO Ecosystem economy.
Using the transparent ERC-20 Token contract, XYO Tokens are portable, standardized, and transparent.
Market cap - $366.09M.
FDV - $377.84M.
Total supply - 13.93B XYO.
Max. supply - 13.93B XYO.
Circulating supply - 13.48B XYO.
Roadmap
XYO is the decentralized crypto-location oracle network that gives users a gold standard for any apps, websites, and blockchain technologies that rely on trusted data.
You are welcome to visit XYO’s website to find more information.
We are incredibly excited to get started with a new partnership with XYO network on board to list on Dyor Exchange.
