XYO Network (XYO)

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XYO Network (XYO)

ICO starts
20.03.2018 00:00
ICO ends
20.05.2018 00:00
Token
XYO
Base
Ethereum
Category
Blockchain Infrastructure
Country
United States
Leader

Features

The XYO Network has four primary components: Sentinels (The Data Gatherers), Bridges (The Data Relayers), Archivists (The Data Storers), and Diviners (The Answer Aggregators). A set of digital signatures are sent to the XYO smart contract because the contract needs to verify the integrity of the Diviner that sent the answer. The contract can verify the other Diviners that signed this list within interval. Without this, the relaying XYO oracle would be the source of failure and risk within the system. With a XYO physical network comprised of untrusted nodes it is possible to determine the certainty of data that has been provided by edge nodes based on a zero-knowledge.

XYO system provides an entry point into a protocol of connected devices that provides certainty on location data through a chain of cryptographic proofs. XYO Users are able to issue transactions, called \queries, to retrieve a piece of location data on any blockchain platform possessing smart contract functionality.

ICO Details

Token Sales

1 Token = 0.000010 ETH

Funds allocation:
40% - XYO Network growth, marketing, partnerships
35% - Engineering and R&D
15% - XY Oracle Network platform operations
5% - Overhead
5% - Supporting important Ethereum platform projects

Token

Type: Utility-token
Token Standard: ERC-20
Additional Token Emission: No

Accepts

ETH

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