What is XYO?
XYO (XYO) is a Decentralised Physical Infrastructure Network (DePIN) designed to enable a fully trustless oracle system tailored for both Web3 and Web2 users. The primary goal of XYO is to facilitate the reliable aggregation, validation, and utilisation of decentralised data.
Key Features of XYO
Decentralised Data Aggregation
The XYO ecosystem promotes and incentivises users to contribute valuable data anonymously. Once submitted, this data is permanently recorded within the decentralised network, ensuring its immutability. This feature supports the integrity and reliability of the information, which can be leveraged by XYO and third-party applications.
Use Cases for XYO Data
The data within the XYO ecosystem can be utilised across various domains. Potential applications include:
- AI modelling
- Metaverse applications
- Data analytics tools
Rewards System
As the native cryptocurrency of the XYO ecosystem, XYO tokens serve as incentives for users who contribute data. This system ensures that data sovereignty is maintained, allowing contributors to remain anonymous while still receiving rewards for their input.
Applications of the XYO Network
XYO aims to create an ecosystem capable of integrating and utilising both digital and real-world data streams. This integration allows users and organisations to gain insights into a variety of phenomena, enhancing understanding and driving innovation.
Community and Development
The XYO ecosystem is built on a strong foundation of community engagement and ongoing development. By fostering collaboration among users, developers, and businesses, XYO is poised to become an essential part of the data landscape in the evolving world of Web3.
Where to Learn More About XYO
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