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XYO Network company logo
Corporation
CONSUMER PRODUCTS & SERVICES | Consumer Electronics
xy.company

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Founded Year

2012

Stage

Loan | Alive

Total Raised

$1.65M

Last Raised

$680K | 2 yrs ago

About XYO Network

XYO Network is working to create a geospatial, blockchain-powered location network, with the goal to provide accurate, certainty-driven location data on everything from cars to smartphones. By combining location beacons with IoT and mobile devices, the XYO Network ecosystem plans to deliver the verified coordinates and data needed to execute smart contracts, run smart cities, foster financial transactions, and power a legion of location-centric applications.

XYO Network Headquarter Location

1133 Columbia Street Suite 205

San Diego, California, 92101,

United States

619-507-6017

Latest XYO Network News

XYO Price Up 28% After Crypto.com Announces Exclusive Campaign

Nov 20, 2021

2 min read XYO Price Up 28% After Crypto.com Announces Exclusive Campaign XYO price is up 28% today, making it the biggest gainer on Crypto.com. With a 24 hour trading volume of $134 million, the market is definitely showing excitement when it comes to XYO. Let’s take a closer look at what XYO actually is, and why the price is rising today. What Is XYO? Dubbed “The Geospatial Oracle Network,” XYO connects the real world with smart contracts. As the name suggests, XYO Network is able to determine the specific XY coordinates of an object in the real world, all while running on a decentralized blockchain. This type of technology is especially useful for the ecommerce industry that rely on geospatial data to route and confirm product deliveries. Why Is XYO Price Rising? We last reported on XYO price earlier this month, when the price increased by over 40% after the project was listed on Crypto.com. Similarly, today Crypto.com announced a $50,000 campaign for simply trading XYO on their platform. According to the tweet, which received over 441 likes, Crypto.com said: “We are giving away USD 50,000 worth of XYO! Simply trade #XYO in the Crypto.com App for a chance to win.” The XYO campaign will be split into two parts. The first part is the lucky draw which requires users to trade a minimum of $50 worth of XYO on the platform. The prize pool for the first part is $20,000, and 500 users will win $40 worth of XYO. The second part is for the top 500 users with the highest trading volume for XYO. The top 500 traders by volume will win up to $1,200 worth of XYO each. It seems that the recent XYO campaign on Crypto.com is a big reason for this weekend’s bullish momentum. After all, incentivizing users to trade XYO means more people are going to look into the project and realize its potential. XYO makes for a great long-term hold for 2022, especially as the roadmap lists a few awesome milestones for Q1 of next year. Those milestones include: XYO 2.0 Payment Channels XYO 2.0 Data Marketplace Moreover, since December is usually crypto’s hottest months, XYO might just surprise us before the end of the year. Definitely a great project that’s worth watching for 2022. Disclosure: This is not trading or investment advice. Always do your own research before buying any cryptocurrency. Follow us on twitter @nulltxnews to stay up to date with the latest cryptocurrency news! The post XYO Price Up 28% After Crypto.com Announces Exclusive Campaign appeared first on NullTX.

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Research containing XYO Network

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned XYO Network in 1 CB Insights research brief, most recently on Feb 21, 2019.

Expert Collections containing XYO Network

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

XYO Network is included in 2 Expert Collections, including Internet of Things ( IoT ).

I

Internet of Things ( IoT )

3,149 items

B

Blockchain

3,480 items

Companies and startups in this collection leverage blockchain technology for crypto investing and trading, decentralized finance (DeFi), NFTs, and more.

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