What Is XYO Network (XYO) and How Does It Work?
XYO Network (XYO) is a decentralized oracle network and geospatial blockchain platform that enables trustless verification of real-world location data using a global network of devices, location technologies (GPS, Bluetooth, QR codes, etc.), and cryptographic proofs. Founded in 2018, it creates a "location oracle" where users and devices submit location information that is validated through multiple independent sources, allowing smart contracts and dApps to trust location data for applications such as supply chain tracking, insurance claims, gaming rewards, asset monitoring, and location-based DeFi. The XYO token powers staking for network security and data validation, query fees for accessing verified location data, and governance voting in a scalable, privacy-preserving ecosystem secured by audited contracts and focused on bridging physical-world data to blockchain with strong emphasis on accuracy and verifiability.
When Did XYO Launch?
XYO Network was founded in 2018 and launched its XYO token in 2018 through an ICO and early distribution. The project achieved mainnet activation and early adoption in 2019–2020 with location verification tools, expanded partnerships in 2021–2023 for supply chain, insurance, and gaming use cases, and saw major 2025 updates including enhanced privacy features, cross-chain support, DeFi integrations, and institutional adoption, maintaining steady growth and real-world utility by December 2025.
What Are the Key Features of XYO?
XYO features decentralized location oracles with multi-source validation and cryptographic proofs for trustless location data, staking for network security and data accuracy rewards, privacy-preserving data submission, cross-chain compatibility through bridges, audited security protocols, and tools for supply chain tracking, insurance verification, gaming rewards, asset monitoring, and location-based DeFi applications, all designed to bring reliable, real-world geospatial data to smart contracts and blockchain ecosystems with strong emphasis on accuracy, transparency, and verifiability.
What Is XYO Used For?
XYO is used for staking to secure the network and earn rewards from data validation, paying query fees for accessing verified location data, voting on governance proposals for protocol upgrades, providing location data for mining rewards, bridging to other chains for cross-ecosystem use, and participating in ecosystem incentives for developers, node operators, and data providers.
What Are XYO Tokenomics?
XYO has a capped maximum supply designed for long-term scarcity, with controlled circulation managed through staking rewards, vesting schedules, and community incentives as of December 2025. The allocation prioritizes staking rewards for network security and data validation, governance incentives to encourage active participation, team vesting over multiple years for alignment, liquidity provision for market stability, treasury reserves for development and partnerships, and marketing funds for adoption, with deflationary mechanics through fee burns to support sustainable token economics and value preservation.