XYO - Decentralized Crypto Location Oracle Network
Some of the things about the company, it's coming out of United States and to be more specific San Diego, California. It is basically a blockchain global marketing tool designed for developers is what XYO is. It is the first decentralized trustful and secure proof of location network which uses two unique core concepts. The first one is proof of origin and the second one is called bound witnesses. It allows developers and smart contract creators to interact with the real world as if it through API. This company, the footprints go all the way back to 2012 and they actually already have tremendous traction in the vision execution on what they’re trying to do. They have been successful in building one of the largest networks of Bluetooth and GPS beacons in the entire world. And what they’re coming to the blockchain with is what’s called proof of location. This is important to several industries and one of their examples they were talking about how you buy something off internet, on the internet and it’s being shipped to your house how that you are paying for that and then they ship it.
With this particular protocol, there’s a spark contract that will be put in play that when you order something they will have proof of location of exactly where it is and when it gets delivered to your house, to your front door and they can see that the package has been resigned for and is now safely inside your home. Then the smart contract will execute and your payment will then go forth and pay for the goods that you just received which is absolutely huge and the fact that many people order things and I know that everyone reading this article as part of that have ordered things before and paid for them and never received them. That's just one of many applications. The blockchain developers can interact with physical world as if it were an API. In 2017, they begin releasing ground breaking GPS tracking devices called the XYGPS and then moving through 2017 into 2018 XYO crosses the million-beacon mark and then coming into 2018 they are going to mints the very first XYO token which is what the sale is all about. Their team has 13 members and six advisors and every one of them have a LinkedIn account in the website so you can go and find out all about the person that you're interested and find out how they have come to where they are in life, all of their experience, what they're bringing to the table good for this company. You can buy their tokens in this ICO and then you can also do what’s called a mining kit. There are several different packages and you can use. You can buy with credit cards and any kind of the normal FIAT type transfer of money to buy into this.
When it comes to the actual tokens it's an ERC20 token, they're going to be selling up to 100 billion of them and there's no minimum purchase. They only accept ethereum as the currency to buy it with as far as a cryptocurrency goes they're only accepting ethereum. 1 ethereum is hundred thousand of XYO. Bitcoin and blockchain if you would consider that a calculator on your phone and all the things that you can do with that calculator that you've got it with you always, you can do all these different multiplication, division, all these different mathematical equations and things with this calculator and then they introduced ethereum and ethereum they're saying is like the cell phone that you have the calculator app on and you can have hundreds of other apps there so how vastly different ethereum has changed the world. It's a very comprehensive company and what they're doing very balanced team, very balanced advisors and they’re definitely able to execute their vision. Their sale starts in March. Do yourself a favor read everything involved in their website and read the white paper, all the other color papers that are out there. Do your own research, your own investigation and always invest at your own risk.
Website: https://xyo.network/
Whitepaper: https://docs.xyo.network/XYO-White-Paper.pdf
Telegram: https://t.me/xyonetwork
Twitter: https://twitter.com/XYOracleNetwork
Facebook: https://www.facebook.com/xyonetwork
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3040825.0
Author Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1949186