The XYO Network is blockchain's first decentralized, trustless & secure Proof of Location network. Thanks to its two unique core concepts, Proof of Origin and Bound Witnesses, the XYO Network allows developers and smart contract creators to interact with the real world as if through an API.
STO/ICO Status
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Basics
| Platform | Ethereum |
|---|---|
| Type | ERC20 |
| Accepting | ETH |
| Circulating Supply | 47% |
| KYC | N/A |
| Restricted Areas | N/A |
| Homepage | Website URL |
| White Paper | View/Download |
About
Cryptoeconomic Incentives For Long Term Value
Built into the XYO Network’s cryptoeconomicssits ground-breaking tools for incentivizing both XYO Miners (crypto-location miners) and Token Holders (with Token Rebates), which encourage healthy liquidity, low transaction fees and long-term value.
All Unsold Tokens Burned After Sale Concludes
In order to award those who purchase XYO Tokens during our current Token Sale period, all tokens that are not sold after the Token Generation Event concludes will be burned; thus the tokens one purchases during the sale becomes a finite, scarce resource, which benefits those who purchase tokens during the sale.
Transparent Audited Ethereum Smart Contract
During the Token Generation Event, the XYO Token uses the Ethereum platform’s ERC20 token standard. To ensure a secure purchase of the XYO Tokens, we have retained a third-party firm to test audit our smart contract to comply with best practices.
