Recently, the G20 meeting and its discussion of crypto gave a hard hit to the crypto market.

While Bitcoin remained somewhat strong and extended its market dominance to nearly 45% during that period, most tokens got pummelled. There was a strong recovery in the 24 hours that followed the G20's announcement that crypto are not a threat, but the concluded situation outlines the importance of investing in tokens with a strong foundational purpose.

XYO Tokens are Important

Many tokens are aimless and have little purpose in their native platform. Many others serve nothing beyond the established offering of Bitcoin: transactional utility.

A token must show a realistic purpose in a platform. A token is a worthy investment if the core functionality of a system relies on the tokens have a properly functioning ecosystem. XYO tokens fit that bill to the knick.

XYO Network is based on providing location in such a form that it can be treated as an API; this demands a heavy provision of location data. The ability to access real-time and archived data via its sentinel network makes XYO so strong. The sentinels, archivists, and all other participants (details here) in the sentinel network are incentivized through XYO tokens.

XYO Network already has an expansive network of devices spread via its location-based consumer product business. To incentivize holders of those devices to add value to the network, a payment mechanism is needed.

Without XYO tokens, there is nothing incentivizing anyone to add location data or any other value to the network, and without that, the XYO network is useless. XYO tokens are essential to the value XYO Network ambitiously intends to bring to the world. XYO tokens providr a seamless and nearly costless means to pay the sentinel network's participants. Additionally, as the team behind this project is determined ti expand globally in just a few years, XYO tokens will brush aside any currency risk, which can be a crippling barrier that often keeps start-ups from expanding early on.

XYO tokens are central to XYO Network's present value offering and are alligned to ease the achievement of this product's future goals.

Tokenomics

XYO's founders have admitted to their community that the earliest holders of XYO tokens are the team's family members. Clearly, the devs are dedicated to the long-term value of this project.

But often the short term success of a token--or rather its survival--plays a key role in public's retained interest in the product (and the token). XYO Network has taken plenty of measures to ensure the token's value is sustained after the ICO. XYO tokens are available for purchase in almost every country and there is no minimum contribution required. This allows the tokens to be well-spread, thereby restricting any single or few hands to havs overwhelming influence of the token's economy.

The team behind XYO has also taken important steps to retain the value of the token and make it desirable to early adopters. The price will scale up with each transaction. The starting price will be 1 ETH for 100,000 XYO and the max price will be 1 ETH for 33,000 XYO. This ensures the tokens are providing value to buyers from the very start. Moreover, all unsold tokens will be burned. As present values are calculated with the estimation of net volume including additional token supply, token burn ensures an increase in price.

Also, there is no soft cap. The project is already confirmed. So token purchasers do not have to worry about loss of opportunity value they could have had in the time their tokens had been dedicated to the project. And in a market with potential earnings being so high, opportunity cost is a major factor.

Get your share of a high-potential token; XYO token sale goes live tomorrow.

Essential Information

🌐 Website: https://xyo.network/
💡 Whitepaper: https://xyo.network/whitepaper/
👨 ANN Thread: https://bitcointalk.org/index.php?topic=3040825.0
💻 Telegram: https://t.me/xyonetwork
⌚️ Token Sale: MARCH 20
📃 Ticker: XYO
👂🏻 Token Type: ERC20
🔗 Whitelist: YES
💰 Accepts: ETH

XYO Network Website: https://xyo.network/
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