What is XYO?

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XYO is a technology protocol designed to improve the validity, certainty, and value of data. The project is building a data marketplace that gives users a gold-standard for any apps, websites, and blockchain technologies that rely on trusted data.

Market cap

$0 0.00%

Circulating supply

0 XYO

Total supply

unlimited
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Mission

The goal of the XYO Network is to create a trustless, decentralized system of location oracles that is resistant to attack and produces the highest certainty possible when queried for available data.

Team

Arie Trouw
Arie Trouw
Co-founder & CEO

Arie is an accomplished serial entrepreneur with a rich history of technological breakthroughs and business successes involving multiple 8-figure exit events. Arie founded XY Labs in 2012 and is a strong believer in decentralization and the creation of the integrated owner/user model. He received his Bachelor of Science in Computer Science from the New York Institute of Technology.

Markus Levin
Markus Levin
Co-founder & Head of Operations

Markus has more than 15 years experience in building, growing and selling companies in hyper-growth industries around the globe. He focuses on maximizing institutional potential through the implementation of innovative data-driven solutions.

Scott Scheper
Scott Scheper
Co-founder & Head of Marketing

Scott has worked on many exciting ventures with exceptionally talented people, including the Co-founder of Uber. Scott has worked with Arie Trouw since 2009. What began as a Facebook app startup with four guys and a ping pong table grew to over 200 employees and 9-figures in revenue in less than two years.

Learn more about the XY Labs team

XYO Markets

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XYO Use Cases

Travel

At Travala.com, we offer more than 3,000,000 travel products in over 230 countries available for purchase with XYO. Plus, you’ll receive a 2% giveback in AVA, Travala.com’s native cryptocurrency, on every accommodation booking.

Travala.com’s intuitive booking experience is designed to be familiar and simple to navigate. Travellers simply choose their desired travel product(s), enter their details, and select from the variety of available payment options, including traditional credit and debit cards, BTC, and 90+ other cryptocurrencies.

Create Geodapps

To develop geodapps (geo-based decentralized apps) on the XYO Network, the XYO token is required for gas. If you’ll be needing verified location data, you’ll need to pay in XYO Tokens to retrieve the data you’re looking for.

Location Tracking

Companies will want to make their hardware devices XYO-enabled, or find ways to to use the verified location oracle network to solve some of their biggest tracking issues. They will need to use XYO to access the verified location data, or they will be familiar with XYO because their newly XYO-enabled devices will be participating in the XYO Network economy.

Network Operations

XYO has a use as an economic incentivizing tool within the XYO Network. Sentinels get paid in XYO Tokens to geomine valuable verified location data, Archivists get paid to store that information, and Diviners must pay the Sentinels and Archivists in XYO Tokens should they want to access the data for a use. Read more about these functions here.

How to Pay with XYO

Visit Travala.com and search for a hotel, home, flight, or other travel product by entering your destination and dates.

Select your desired choice from the available options.

Enter the required traveller details.

Select Crypto as your payment method, then select XYO.

Click Complete Reservation. In your XYO Wallet, input the generated address by scanning the provided QR code or by copying the text. Ensure that the exact XYO amount is entered and send the payment.

Click Payment sent. Your transaction will be processed and you will receive a confirmation email once your voucher or e-ticket is available.

Buy, Sell and Trade XYO

Exchanges where you can buy, sell and trade XYO:

Store XYO

Store your XYO securely with the following wallets:

Are you an exchange or wallet provider that supports XYO? Contact us to have your platform added to the lists above.

FAQs

What is Geomining?

Geomining is the way XY community members can actively become a part of the XYO Network. Geomining kits come with XYO Sentinels and a Bridge component. XYO Sentinels allow you to collect/create location data that is related to the XYO Network. The Bridge component allows you to share those collected and verified locations to the XYO Network, so they can be stored later for queries. When that information and verified location data is used in a query in the XYO Network, then you earn XYO tokens.

What is Dataism?
How does mining XYO work?