XYO
San Diego · Founded 2017
About XYO
XYO is the original DePIN (Decentralized Physical Infrastructure Network). It was built to create a fully trustless oracle for Web3 and Web2 users. The XYO token powers the XYO ecosystem, which includes a network, DePIN system, protocol, SDKs, software suite, and software platform (xyOS), with APIs soon to follow. This decentralized ecosystem incentivizes the aggregation and validation of data, facilitating personal and organizational data sovereignty. XYO works by incentivizing users to participate in data submission and collection through various means, including the accumulation of digital assets like the XYO token and a variety of useful services provided by XYO. Anonymous data submitted this way is then permanently and immutably made part of XYO’s decentralized data network, and the user may opt out from submitting further data at any time. XYO and third party developers can then tap into that data using XYO’s suite of software and tools, including robust SDKs, documentation, and APIs. Transactions to receive data are paid in XYO tokens, maintaining a strong economic cycle within the system.
Company Facts
- Founded: 2017
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Estimated revenue: $1K – $10K
- Total funding: $13.6M
- Last round: Series Unknown (Jan 2024)
- Website: xyo.network
- Phone: 855-346-3160
Industries & Categories
Blockchain, Consumer Electronics, Information Technology, Internet, Internet of Things
Social Profiles
Canonical: https://fsome.com/organization/xyo-116361 · For the full interactive profile (charts, investors, team, acquisitions, press), please enable JavaScript.