XYO Network (XYO)

Rank #486

XYO Network stands out as one of the largest decentralized physical infrastructure networks (DePIN), with a strong presence in the Internet of Things market and oracle solutions. Developed to validate and connect real-world data to Web3 and Web2 platforms, XYO offers relevant technology for artificial intelligence, geolocation, and other essential data sectors.

Technology and network operation

At the core of XYO is the authentication of physical information through mechanisms such as Proof of Location and Proof of Origin. This allows real-world data to be reliably validated for asset tracking, DePIN applications, physical gaming experiences, and even digital treasure hunts. The ecosystem was strengthened with the launch of XYO Layer One, a blockchain created to support intense data demands from sectors such as DePIN and artificial intelligence.

Economic model and tokens

XYO Network operates with a two-token system: XYO, traded externally on major exchanges such as Coinbase and used for rewards, staking, and governance; and XL1, internal to the XYO Layer One blockchain, dedicated to transactions and network fees. This architecture seeks to increase token scarcity and ensure the sustainable growth of the ecosystem.

XYO Network in the cryptoasset landscape

With a strong presence in the Internet of Things and oracle sectors, XYO has gained prominence for its innovation in connecting physical data to the blockchain. Based in the United States, the network is aligned with the trends of real-world asset tokenization and integration between the physical and digital worlds, reinforced by the launch of popular applications and participation in relevant regulatory initiatives in the cryptoasset market.