We are living the future! It may not be easy to comprehend this, but we even surpassed the year they traveled into in “Back to the future” movie, so for me that is official now. In last few decades humankind made great progress through science and technology in all areas of life. Many new opportunities are available for all of us, and because of that, the way we live our lives is changing. We now have access to knowledge from all human history in our hands; communication is fast, available and almost free, the opportunity to learn new things is here thanks to the internet, the technology surrounding us is saving our time and leaving more free time for us to spend the way we like. But to enjoy all these benefits, there was also price to be paid for anyone who wants to be a part of this new civilization. Everything became public, we are sharing great parts of our lives with complete strangers, and almost anyone can know where we are, what we do and what we like. It is hard if not impossible to avoid paying this price.
Thanks to the blockchain technology a new era of progress is here, we can call it a decentralized revolution. Many uprising projects are creating a new reality in which we don’t need to depend on central authority controlling and having insights into our lives. One of the most important projects and leaders of the decentralized revolution is taking our location data from the hands of central authorities and making us independent. The name of this project is XY Oracle Network (XYO).
WHAT IS XYO NETWORK?
XYO is blockchain based trustless, zero-knowledge proof, cryptographic location network that eliminates the need for centralized location data gathering. XYO Network will enable locating any object or individual through many device classes and protocols. To make this possible XYO team is using “Proof of Origin” and “Bound Witness” to merge decentralized blockchain world with our real-world data into one new game-changing network. The OYX NETWORK is not just a mere idea that one might think it will be complex to be achieved. XYO project is already available and ready for business. They have the existing operational infrastructure of 1,000,000 tracking beacons that represent one of the biggest consumer Bluetooth and GPS networks in the world, and for XYO project this is just a beginning!.
HOW DOES IT WORK?
XYO is creating a decentralised network of devices which will be used for tracking of the specific coordinates. The network of devices will allow anyone to track the exact location and offer their services. Smart Contract based services can be utilised on the platform to create a network of trustless and transparent devices, which offer accurate location data. Companies can target the customers based on the location of the user, and thereby deliver the services accurately without mismanagement. For Example, e-commerce companies can deliver the package to the premium customers utilising the XYO network under smart contract. Sentinel Network created by the platform is open for everyone. You can join the network of the device to earn the tokens and become the member of the platform. Sentinels (The Data gatherers), Bridges (The Data Relayers), Archivists (The Data Storers) and Diviners (The Answer Aggregators) are four primary components of the platform. They create a reliable chain of location data transfer on the platform thereby connecting millions of the users, who are part of the network.
ABOUT TOKEN SALE AND DISTRIBUTION
The XYO NETWORK TEAM has this to say about their token sale “we are happy to announce we will be opening XYO Tokens for purchase in the coming weeks. Our Generation XYO Token event is the only time XYO Tokens will be sold and sold directly from us to all the world.After the XYO Token Generation event ends (within weeks of starting, and possibly faster depending on transaction activity), any unsold Token of XYO will be burned forever, creating true incentives and opportunities for those who participate during the sale of the upcoming token. (in March 2018).After that, the only time XYO Token will be available is with the current, which is not needed or guaranteed by using XYO Token.As people who have other cryptoes will tell you, it’s important to join the crypto cause you believe in, and get in early! We guarantee people who believe in us early and join us in bringing the blockchain to the expensive world as it should, with discounts and other opportunities.With our Pre-sale personal Tokens taking off before we’re ready (literally), we’ve decided to launch a whitelisted waiting list. Those who register for the first time will be notified of XYO Token sale openings at the lowest price.Take a breakthrough in blockchain history: bring blockchain to the real world.We look forward to working for you and developing the XOng Network to be one of the most exciting blockchain technologies ever”.
XYO Token Specs
Open token deals have a layered estimating structure that begins at 1 ETH: 100,000 XYO and maximizes at 1 ETH: 33,333 XYO. Insights about volume and cost in light of our opportunity structure will be reported soon.
- Smart contract stage: Ethereal
- Contract Type: ERC20
- Token: XYO
- Token Name: XYO Network Utility Token
- Token Address: 0x55296f69f40ea6d20e478533c15a6b08b654e758
- Total issuance: Finite and topped at the sum accomplished after the Token Main Sale
XYO NETWORK TEAM
The project has a well established and strong team that have a lot of experience in their respective fields. For more information about the team, visit https://xyo.network/index.html
XYO NETWORK CONTACTS
For more information about this great project, you can read more on the following sites;
WEBSITE: https://www.xyo.network/
WHITEPAPER: https://xyo.network/whitepaper
FACEBOOK: https://xyo.network/whitepaper
TWITTER: https://twitter.com/XYOracleNetwork
TELEGRAM: https://t.me/xyonetwork
Author : gomes1
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1662391
ETH: 0xe1f377f5B1c2C537485Cf0558793b5d4b9c3569F