XYO Network
XYO2018
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About
XYO Network is a decentralized oracle protocol that brings real-world location data onto the blockchain. It provides verifiable, tamper-resistant location information through a network of physical and digital devices using Proof of Origin and Bound Witness mechanisms.
Use Cases
Location data oracle, smart contract integration, DePIN
Technology
ERC-20 (Ethereum) + Solana, Proof of Origin, Bound Witness, 4-layer architecture (Sentinels/Bridges/Archivists/Diviners)
Categories
DePINOracle
Source
+ Strengths
- +Real-world data integration
- +Pioneer in DePIN space
- +Physical device network
- +Location verification
- Weaknesses
- -Low liquidity
- -Physical device dependency
- -Data manipulation risk
Team
XY Labs Inc., Founders: Arie Trouw, Markus Levin, Scott Scheper
Launch
2018
Total Supply
13,930,752,875
Circulating Supply
13,930,752,875
Max Supply
13,930,752,875
