XYO Network00
$XYO
MCAP58.18M
-0.77%

what's XYO Network?

XYO Network is a decentralized blockchain protocol designed to verify and incentivize the sharing of geospatial data. It operates as an oracle network that aggregates location information from various devices and sources, creating "bound witnesses"—cryptographic proofs that confirm the accuracy of data through cross-verification among independent nodes. This enables trustless location services for applications like logistics, IoT, and supply chain management, without relying on centralized GPS providers. The network's architecture includes roles such as Sentinels (data collectors), Bridges (data transporters), Diviners (query resolvers), and Archivists (data storers), all powered by the XYO token for staking, rewards, and governance. XYO Layer One, its native blockchain, enhances scalability and supports DePIN (Decentralized Physical Infrastructure Networks) by allowing real-world data to interact seamlessly with smart contracts, fostering innovations in areas like autonomous vehicles and environmental monitoring.

Snapshot

XYO partners Resiliocs for verifiable data infrastructure in climate risk intelligence.

contract

ethereum

2H ago
PARTNERSHIP

Partners with Resiliocs to introduce verifiable data infrastructure to climate risk intelligence.

2M ago

$XYO lists on Revolut, providing access to the global fintech platform's user base.

3M ago

An X Space event is scheduled for November 17th at 6 PM UTC featuring an 8500 $XYO prize pool.

4M ago

OfficialXYO participates as a supporting partner at DePIN Day Singapore 2025 with 400+ attendees, and Markus Levin represents the team as a speaker.

Starboard platform goes live with $50,000 in $XL1 tokens allocated for top Aura contributors and Galxe Quest participants.

A $100,000 airdrop in $XL1 tokens launches for Kraken users exclusively through the Kraken App, running until October 19, 2025 at 23:59 UTC with geographic restrictions.