XYO Network XYO ICO: Ratings & Details

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The XYO Network is blockchain’s first decentralized, trustless & secure crypto-location network. Thanks to its two unique core concepts, Proof of Origin and Bound Witnesses, the XYO Network allows developers and smart contract creators to interact with the real world as if through an API. The XYO Network is blockchain’s first decentralized, trustless & secure Proof of Location network. XYO proposes a trustless, cryptographic location network using a novel formulation reliant on a chain of zero-knowledge proofs to establish a high degree of data certainty on location information. The XY Oracle Network is an abstraction that enables layered, location verification across many device classes and protocols.

  • It also provides insight on how XYO Network delivers viable and consistent answers to the location data space.
  • ICO Drops receives a fee for advertising certain token sales, in which case such listing will be designated accordingly.
  • The XYO Network is the world’s first oracle protocol that makes
    it possible for two entities to transact in the real world without a centralized third party.
  • With over 1 million location-verifying beacons already in the world, XYO is blockchain’s first crypto-location oracle network.
  • Our app, CoinView, is Japan’s most downloaded third-party cryptocurrency app.

Risks include data manipulation, data
pollution, data loss, and collusion. The rest of the team is mainly engineers, business developers, and marketing experts. A key member is Scott Schepper, an excellent marketer and a keen professional in the startups’ ecosystem. That’s right; the team puts forth many documents for the prospective users with different levels of technical detailing.

XYO Network Team

Chances are, you have already come in contact with one of their flagship products XY Find It. Taking off as a Kickstarter project, their stylish, techie gadgets looking fresh out of sci-fi were a commercial success. The divination of the location of a physical world
item relies on the reporting, relay, storage, and processing components of the given oracle,
all of which introduce error and can be corrupted.

  • The XYO Network will be built upon an existing infrastructure of over 1,000,000 devices
    circulating in the world that were distributed through their consumer-facing findables business.
  • Most current implementations of smart contracts rely on a single or aggregated set of authoritative oracles to settle
    the outcome of the contract.
  • Only ETH will be accepted as a payment method, and the team has invested a great effort in KYC and safety making it virtually impossible for hackers to slip through the safety net.
  • With the advent of blockchain-based, trustless smart contracts, the need for oracle services
    that arbitrate the outcome of a contract has grown significantly.
  • The token sale event is live as of press time (from March 20th, 2018) and embodies a tiered pricing structure with an initial token price of 100’000 XYO tokens per 1 ETH.

ICO Drops is an independent ICO (Token Sale) database and is not affiliated with any ICO project or company. Our app, CoinView, is Japan’s most downloaded third-party cryptocurrency app. With over a year’s experience as a blockchain journalist, Mehdi’s work has been published on cryptocurrency publications including decentral.news, cryptodisrupt.com, steemit.com.

Firmo Network

It also provides insight on how XYO Network delivers viable and consistent answers to the location data space. The XYO Network will be built upon an existing infrastructure of over 1,000,000 devices
circulating in the world that were distributed through their consumer-facing findables business. XY’s Bluetooth and GPS devices allow everyday consumers to place physical tracking
beacons on the things they want to keep track of (such as keys, luggage, bikes and even
pets). If they misplace or lose such an item, they can see exactly where it is by viewing its
location on a smartphone application. In just six years, the XYO Network has created one
of the largest consumer Bluetooth and GPS networks in the world. With over 1 million location-verifying beacons already in the world, XYO is blockchain’s first crypto-location oracle network.

MOBU ICO Review – Tackling the Security Token Problem Head On

ICO Drops receives a fee for advertising certain token sales, in which case such listing will be designated accordingly. We publish guides, reviews and news on tech, cryptocurrency, Bitcoin, blockchain & privacy. Our content is updated regularly to keep our privacy-minded readers safe, informed & up to date. Mehdi holds an MSc in Petroleum Engineering from New Mexico Tech and is currently an MBA Candidate in INSEEC Paris. Only ETH will be accepted as a payment method, and the team has invested a great effort in KYC and safety making it virtually impossible for hackers to slip through the safety net. One of the tech startups that gained a lot of respect in this space is San Diego based XY Findables.

XYO Network – Blockchain Just Entered the Real World

The token sale event is live as of press time (from March 20th, 2018) and embodies a tiered pricing structure with an initial token price of 100’000 XYO tokens per 1 ETH. With the growing presence of connected, location-reliant technologies, our privacy and safety rely heavily on the accuracy and validity of location information. ICO Analytics is a powerful analytics tool for investors and brings transparency, objectiveness for
people who are interested in investing in various markets, ideas and projects. We are independent and not affiliated with any projects or financial institutions. ICO Finch is an independent ICO listing and rating platform, not affiliated with any ICO project or company. The location-verifying proof of origin protocol that connects the blockchain to the real world.

ICO Stages

The white paper is technical-oriented and makes for a 20-pages-read of exceptional quality. For marketing purposes, an overview document is also presented with an executive how to get rid of crypto dust summary. Other use cases encompass airline baggage tracking, cargo inventory, diamonds tracking, car rental tracking, and online review authenticity verification.

The XYO Network has been working towards the concept of enabling developers, such as
those writing smart contracts for blockchain platforms, to interact with the physical world
as if it were an API. The XYO Network is the world’s first oracle protocol that makes
it possible for two entities to transact in the real world without a centralized third party. Our abstractions allow us to make location verification trustless how to buy casper coin for developers, creating a
protocol with novel use cases that have not been possible until today. With the advent of blockchain-based, trustless smart contracts, the need for oracle services
that arbitrate the outcome of a contract has grown significantly. Most current implementations of smart contracts rely on a single or aggregated set of authoritative oracles to settle
the outcome of the contract.

XYO Network ICO – Check The XYO Token Price & Performance ICO Watch List

In cases where both parties can agree on the authority and
incorruptibility of the specified oracle, this is sufficient. However, in many cases, either an
appropriate oracle does not exist or the oracle cannot be considered authoritative because
of the possibility of error or corruption. By applying Zero-knowledge proof to the location data, XYO builds a trustless, decentralized network of high-certainty data that how to buy ecomi is spoof-resistant all on its own. 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. To focus on the token economics, the green paper dives deeper into the state and shortcomings of blockchain technologies today.