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XYO NETWORK

XYO NETWORK (XYO)

$ 0.00
0.83 %
Main info
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Markets
Analytics
Market cap
$50.94M
0.83 %
Volume (24h)
$1.34M
0.83 %
Circulating supply
13,655,185,228 XYO
Total supply
13,931,216,938 XYO
Max. supply
13,931,216,938 XYO

About XYO NETWORK

Technology and Applications

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. This has opened up a new world of possibilities. The applications of such a technology are infinite.

eCommerce Integration

Take for example an eCommerce Company. With the XYO Network, they could now offer their premium customers payment-upon-delivery services. To be able to offer this service, the eCommerce company would leverage the XYO Network (which uses XYO Tokens) to write a smart contract.

The XYO Network could then track the location of the package being sent to the consumer along every single step of fulfillment; from the warehouse shelf to the shipping courier, all the way into the consumer's house and every location in between. This could enable eCommerce retailers and websites to verify, in a trustless way, that the package not only appeared on the customer's doorstep, but also safely inside their home.

Once the package has arrived in the customer's home (defined and verified by a specific XY-Coordinate), the shipment is considered complete and the payment to the vendor gets released.

The eCommerce integration of the XYO Network enables the ability to protect the merchant from fraud and ensure consumers only pay for goods that arrive in their home. This means e-commerce stores like Amazon.com can use the XYO Network to allow customers to only pay for a product when it arrives at their home.

Key data

updated $0
Market cap$50.94M
Volume 24h$1.34M
Circulating supply13.66B98% of max 13.93B
All-time high$0.08-95% from peak · 2021-11-05

XYO NETWORK (ticker XYO) is a cryptocurrency project focused on proving and recording real-world location data on the blockchain. In simple terms, it rewards devices for verifying that something was actually where it claimed to be, creating a decentralized network of trusted geolocation data. The XYO token powers this ecosystem and runs on a proof-of-stake consensus model.

Frequently asked questions

What is XYO and how is it different from other cryptocurrencies?

XYO is the token of the XYO Network, a project built around location data rather than payments or smart contracts. While most coins focus on transferring value, XYO incentivizes devices to collect and validate real-world geographic information, making it one of the few 'geolocation oracle' projects. The official site is https://www.xyo.network.

How does the XYO network work and what consensus does it use?

The network uses proof-of-stake (POS) consensus, where validators secure the blockchain by staking tokens instead of burning electricity. On top of that, XYO's architecture uses layers of devices — sentinels, bridges, archivists and diviners — that gather, store and answer queries about location data. This design aims to make geolocation claims verifiable without trusting a single company.

How is XYO's token supply and emission structured?

XYO has a fixed maximum supply defined in its tokenomics, with tokens distributed through the original token sale, ecosystem rewards and team allocations. New tokens are not mined like Bitcoin; instead, rewards flow to participants who contribute data or stake. For current supply figures, check the live data on this page, as they change over time.

How can I store and use XYO?

Since XYO is an ERC-20 token, it can be stored in any wallet that supports Ethereum-based assets, such as MetaMask, Trust Wallet or a hardware wallet like Ledger. Within the ecosystem, XYO is used to pay for geolocation queries, reward data providers and participate in staking. Always double-check addresses and use official sources when setting up a wallet.