Introduction

The XYO company is taking the cryptocurrency and blockchain world to a whole new level. The problem with most cryptocurrencies these days is that they are not really backed by anything. The companies that make them do not really have a revenue model and they cannot truly create a demand for their cryptocurrency. However, the XYO company has a business model that can successfully perform those tasks. They have a feasible revenue model, and they can create demand for their cryptocurrency. In this article I will be explaining what the XYO revenue model is, how it works and how they plan on creating demand for their cryptocurrency.

The XYO company revenue model

XYO company has a plan on using blockchain technology. They will provide a service to firms and in return the firms will pay them for the services rendered. This much the XYO company has in common with traditional firms. However, the XYO company does not accept payment in typical fiat unlike traditional firms.
The way the XYO company plans on using blockchain technology is truly a very unique and innovative method. You see most blockchain firms primarily use blockchain technology just to keep accounts of and tracking currencies on their blockchain. The thing is that blockchain technology can be used for far more than just keeping track of cryptocurrencies. It can also be used to keep track of real objects if a grid can provide real-time location data, and that is exactly what the XYO company plans on doing. They plan on using blockchain technology to keep a record of real objects so that they can be traced on the XYO network and the network will be built by users of XY Company's location trackers. It goes without saying that this is truly a very profitable and feasible endeavor.

A simple example of the XYO company revenue model

Take company X and consumer Y. Company X is a retailer of a product called Z. Now if consumer Y were to purchase a few units of product Z from let’s say company X’s website, then company X would ship these products to consumer Y. Company X can easily keep track of product Z and ensure that the product reaches consumer Y, the designated owner. However, in the real world nothing is this simple. In the real world company X can have hundreds of products and several thousand customers buying a wide array of products. Company X would still be shipping these products over to their designated buyers, but now that there are thousands of customers all buying several products it will become much more difficult for company X to keep track of each individual product. This is a real problem that company’s face today, and it costs firms millions of dollars. For the XYO company this problem presents an opportunity, the XYO company will use blockchain technology to simply keep track of all these products on a decentralized blockchain. All products will be easily traced on their blockchain, and the problem will be rectified. In exchange the firm will have to purchase the XYO company services using XYO tokens.

Creating Demand for their Cryptocurrency

As mentioned earlier in this article, the XYO company unlike traditional firms does not accept payments for their services in fiat currency. In fact, the XYO company only accepts payments for their services via their own cryptocurrency which means that any firm that does dealings with them will have to purchase the XYO cryptocurrency. That is how they create a constant demand for their cryptocurrency, whenever a firm wants to access the XYO blockchain, the firm will have to buy their services, and to be able to buy their services the firm will have to buy XYO tokens first.

Website: https://xyo.network/

Whitepaper link: https://xyo.network/whitepaper/

ANN Thread: https://bitcointalk.org/index.php?topic=3040825.0

My Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1887821