Review and analysis of ICO XYO NETWORK

XYO NETWORK is a network that aims to create a blockchain that operates on a geolocation basis, that is, wants to bring blockchain technology to the real world using the devices used for this purpose.

Project Objectives:

The Californian start-up XYO NETWORK has many goals. Basically, the company wants to improve the logistics area. Such modernization can become innovative for the logistics sphere. The network will help to solve significant issues related to the location determination. XYO NETWORK hopes that their network based on blockchain will completely replace thousands of other companies in the future and will enter a familiar life. Users, instead of using the services of several companies, will be able to use only one network. In the same system, XYO tokens will be used.

Today's problems:

The state of the logistics industry at the moment is far from ideal. For example, a holistic supply chain requires the services of several companies. This process is very poorly optimized and carries both financial and time constraints. As for the system of bluetooth and GPS-sensors, as if they were not good, but they have shortcomings. The most obvious drawback of using any such system is that it is difficult to tie it to the real sector of the economy geared to location.

Decision:

One of the most revolutionary cryptocurrencies is etherium, which offers its own smart contract, but today its work needs to be modernized, as it is focused on working online. Many issues are solved by geolocation binding to blockchain. And this project will be able to work the same way and offline, which will allow to determine the exact location of the given object in time, thereby providing the opportunity to monitor, for example, the delivery of goods from the supplier to the consumer at all its stages. For example, when a product is sold, it is difficult to determine that one side of the market process has sold the goods to the other party. To do this, a beacon is needed so that the technology understands that it was this person who sold the goods to another. And it is XYO NETWORK technology that will solve this problem. Geolocation (location) is checked by the sensor. In total in the geolocation system to date, more than a million sensors. Already, the system has surpassed GPS, which is difficult to tie to the real sector of the economy, focused on location. In the future, the platform creators hope that they will be able to fully connect the blockchain and the real world. Thus, the technology will go offline, completely transforming the logistics, verifying it, transferring the technology of blockchain to the terrain.

Advantage of the project for users:

First of all, the project will benefit the companies engaged in sales. Completely disappear the need to appeal to various logistics organizations. The seller will receive his profit only upon delivery. In addition, it will be possible to check the carriage on the card. You can also easily find the missing items. Thus, complete security is provided for spatial problems.

ICO Terms and Conditions:

Name of the token: XYO
Standard: erc20
ICO: 20.03-20.05.2018
Price of the token: 1 ETH = 100,000 to 33,333 XYO (closer to the end of the ICO price will increase)
The total number of tokens for sale: 100,000,000,000
All not sold tokens will be burned.

Project Plans:

This year the company sets the following goals: to issue tokens and conduct ICO, to complete the development of XY Oracle Testnet, to fully release XY Oracle Network, to launch the product "XY-Stick", which would allow market participants to monitor their products at any time.

The extreme, and at the same time, the main task of the project is to launch a satellite low-orbit navigation system consisting of kubsat by 2020.

Team:

Conclusion:

Thus, already today the idea that the XYO NETWORK team is developing is the largest in the world and one can safely say that the project will definitely be in demand, since logistics is one of the largest industries in the world. In addition, using the XYO platform, you can get the most authentic and "dynamic" card.

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