» » XYO – Decentralized Crypto Location Oracle Network

5/15/2018
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New Ideas Into XYO Network Never Before Revealed

The world is growing more and more reliant on location data. Today you can have the ability to find your missing things in no time employing the XYONetwork. It is possible to also obtain real time tracking details of your vehicles and parking location info. In recent times there’s been tremendous growth in technology and devices that may track location. By doing this, If some problem happens, the location is not going to be an issue. There is an assortment of issues with the present GPS system, for example, fact that it’s a centralized company, fully controlled by the United States Air Force.
Proof of origin is the secret to verifying that ledgers flowing in the XYO Network are valid. Additionally, security also plays an exceedingly important role in any way times. The network is going to be built over 1,000,000 devices circulating on earth. XYO Network intends to benefit from location-verifying beacons which are already in place worldwide. It has four primary components. It aims to launch its main network in 2018. Another platform known as the XYO NETWORK was created to battle and offer solutions for the problems of location services utilizing the ability of blockchain technology.
Whilst lots of the basis of the network is already established, there are likewise a fantastic deal of developments to come during the next couple of years. As soon as you know for certain that the project is an actual ICO, let’s look at just what the project is aiming for. It is imperative to know which projects to put money into.

The Pain of XYO Network

Company tokens may be used for long-term investments in addition to for earning purposes. The tokens can be thought of as gas necessary for interfacing with the actual world to check the XY-coordinate of a predetermined object. XYO tokens are utilized to incentivize the desired behavior by giving accurate and dependable location heuristics. Physical objects cannot leave that space. In the end, it is going to encourage long-term price, healthful liquidity, and very low cost. The price of query, which is to be charged in XYO tokens depends on the market dynamics together with the sum of data necessary to supply an answer. The expense of a query (in XYO Tokens) is dependent on the amount of information needed to supply an answer to the query along with market dynamics.
An increasing number of services are offered in the current market and are based on Blockchain technology. The tracking services provided by the XYO network will be helpful for e-commerce to serve premium customers. Because their keys weren’t digitally detached from the customer, the firm will understand how to speak to the customer. Furthermore, customers are going to be able to log onto the XYO network and inspect the location of their luggage. Location data services are in fantastic demand on the planet nowadays.
Upgraded anti-fraud and anti-abuse technologies supply a very low chance of danger. The travel industry must also be concerned with the dependability of the network. The e-Commerce business and so many others have gotten so fierce, that surviving has come to be a matter of concern. The company was established by Arie Trouw. The rental vehicle company can only log onto the XYO network and learn exactly where the keys for any given car are and who has them.
Anyone can lead to the system should they have the processing power and bandwidth. At present, GPS system isn’t suited to location based applications that will need precise and dependable location data. It’s also important to choose the most suitable navigational system which will not just supply the scalable solutions but, can equip businesses and organizations with the information to realize organizational objectives or deliver benefits. A system where the use of tokens isn’t incentivized creates problems for the underlying economy in the very long term. A good deal of devices can send and get data, like your mobile phone or your drone.
Users can use wise contracts to determine whether an object is at a particular XY-coordinate. They can interact with XYO Network in a number of different ways including through the use of smart contracts. Prospective users are prompted to thoroughly adhere to the directions on the site and just send ETH to the token address listed. The full database will be suitably protected. Queries to the XYO Network possess the potential to be quite large and costly.

Ok, I Think I Understand XYO Network, Now Tell Me About XYO Network!

Not one of the info you read on CryptoSlate ought to be taken as investment advice. Quite simply, you may sell location data on the internet to support several services that rely on location data. To find out more about XYO Network and the way it works, visit online today at XYO.network.

GET XYO TOKENS NOW

ALL UNSOLD TOKENS BURNED AFTER SALE ENDS
NO NEW TOKENS WILL BE GENERATED

XYO Token Specications:

  • Smart contract platform: Ethereum
  • Contract Type: ERC20
  • Token: XYO
  • Token Name:XYO NetworkUtility Token
  • Token Address: 0x55296f69f40ea6d20e478533c15a6b08b654e758
  • Total issuance: Finite and capped at the amount reached after the Token Main Sale
  • Projected XYO Token Cap: $48 Million
  • Unsold and Unallocated tokens: Burned after the token sale event. No further XYO

Token Sale Distribution

  • 39.3% (9,495,450,000 XYO) = Public Token Sale
  • 39.3% (9,495,450,000 XYO) = Cryptoeconomic Reserve
  • 6.6% (1,600,000,000 XYO) = XYO Team
  • 3.5% (850,000,000 XYO) = XY Company
  • 3.3% (800,000,000 XYO) = Advisors
  • 3.3% (789,473,684 XYO) = Enterprise Partnerships
  • 3.1% (750,000,000 XYO) = Promotion
  • 1.6% (413,345,292 XYO) = Pre-sale Tokens Sold
Token Sale Proceeds
  • 40% = VXY Network Growth: Marketing: Strategic Partnerships
  • 35% = Engineering and R&D
  • 15% = XY Oracle Network Platform Operatios
  • 5% = Overhead
  • 5% = Supporting Important Blockchain Projects

Team

Advisors

Roadmap

More Information see below :

To learn more about the project visit the official website

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