XYO Network Is Live On Coinmarketcap!

The ultimate goal of XYO Network is "decentralizing location-reliant trade markets". Every time a product needs to be transported from location A to location B, it's location is tracked in a decentralized blockchain and payments are made dependent on arrival at the final destination.

"With over 1 million location-verifying beacons already built, and hundreds of thousands ready to be enabled, blockchain's first crypto-location oracle network has arrived. Our mission is to enable smart contracts to interact with the real world as if it were an API. Join us in decentralizing location-reliant trade markets." - XYO Network

This is just one example of how XYO Network will use real world location data. Imagine you order at Amazon. You transfer the money via a XYO, but the money is parked in a smart contract. Amazon sends the package that contains a RFID chip and it's location is tracked by the already existing network of location-verifying beacons. Only when the package arrives at your doorstep, the money in the smart contract is released and forwarded to Amazon. Simple and brilliant.

I'm no big investor nor am I 100% into crypto; I'm just your average crypto-brother, after all ;-) So I don't personally deal with large figures, but as soon as I heard about this XYO coin, I made sure to at least get some of them in the ICO pre-sale. This, in my book, is one of those rare projects that has a lot of immediate real-world usages and possibilities.

The project hit a bump in the road, all about which you can read here, but I especially like this bit:

I, Scott Scheper, (and XYO Founders & team), will always strive to tell you our reasoning for every important decision we make, and why we decide to make such an important decision. We will also make this decision in the very best interest of our XYO Token Community, the XY Oracle Network Platform and XY (the company jump-starting the XY Oracle Network). Furthermore, the message you read from us will NOT be put through some fear-driven filter that spews out inauthentic drivel. So help me Satoshi, Vitalik and all crypto-Gods.

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Please read as much info as you can before doing anything, but if you believe in the basic idea and want to join the XYO Network community, the token is traded on one exchange I know of: IDEX. I'll leave you with this message from the team:

"If you interpret this as expecting to sell your XYO on May 21st, 2018, please do NOT purchase XYO. This is not the project for you."

So, only buy tokens if you're willing to wait for something good. This is NOT financial advice! Just to be clear: as you can read above and below, I have some of these tokens, so you should NEVER take my opinion as neutral or unbiased. Only invest if YOU feel comfortable doing so and NEVER invest more in these currencies than you're willing to LOSE!

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Just for Full Disclosure, I'm invested in these crypto-currencies:

Bitcoin | Litecoin | EOS | OmiseGo | FunFair | KIN | Pillar | DENT | Polymath | XDCE | 0x | Decred | Ethereum | Carmel | XYO