Hello again guys, thanks for reaching this article. Now i will explain about location data based project. When we talk about location data project, we all know this technology become so mainly use in the real life recently. GPS is one of the example location data that we use everyday. This technology has been exist for few years ago but most of them are lack of certainty and security.
Time by time this technology user is increasing in all over the world but we need more certainty and security project to increase the comfortable of using the technology. The reason above of the recent location data technology become the main idea of this project. The project called " XYO Network ". So lets start explain the project detail.
What is XYO Network?
XYO Network is the future of decentralized crypto oracle location network based blockchain. XYO is the first project on its field based blockchain. XYO network is become the future location data network because it will bring the smart contract technology into the real world. I think all people know what GPS is? GPS is technology which provide location data. GPS is working properly to provide data location when we go somewhere that we do not know the location. GPS is very accurate and dependable but it is not 100% certainty and secure since it has risk regarding cyber attack and also jamming which is happen very frequently recently. The other lack of the technology also it has lack on certainty and security So it can bring a problem to our life. With that reason, XYO is built to provide the really certainty and secure information of location data to make the users more comfort and feel secure. Please visit the website and ANN Thread for more information.
What is Purpose and How it Works?
As we all know the location data provider is used everywhere in the country and the massive of increasing the user can be the reason why this XYO Network technology being developed. Recently we need to improve in providing the certainty and secure location data. With blockchain mix with the XYO Network, we can make sure as user we can get the secure and certainty result of location data by using XYO. As before, location data protocol might be damage and corrupted, with the XYO combination now that problem can be solved. How can XYO make sure that all data is secure, certainty and real time? The answer is the XYO Network has 4 main components that will combine with smart contract to store and deliver all the location date securely and certainty in real time. Those four components are Sentinels, Bridges, Archivists and Diviners.
XYO Network also do hard work to provide service in many platforms of blockchain such as bitcoin, etherium and many others to make sure that the all platform developers can connect into the real world. All the user now can use the launched XY Gamma which is the user web interface platform of XYO Network.
Now how it works? XYO Network make very complicated work become very simple and secure. Firstly the developer or any user submit their query regarding the location data, all the data is processed in the smart contract. Second all the query is sending to each component in turn then the result is revert back to smart contract and developer or user. It is happen so quick to make sure all the answer based on real time. Below is the example of query of location data in etherium smart contract.
Team
Well, for me team is the most important thing beside the idea. without good experience team, it is impossible to make the project success. So every project need to involve the really best and experience team if they want their project successfully. How about World XYO's team? It has 35 experience people of team include the 15 advisors. It is not about the quantity of the team but all about the quality and experience. With 35 experience people in blockchain and advertising, in my opinion i am sure the project will have success in the future. I have so great news about the project's team. Arie Trouw is the young engineer from Africa who has started his experience on 1978 when he was 10 age. You can imagine, now is 2108 and how much experience that he has. He will use it to make this project successfully.
Arie Trouw currently serves as Chief Executive Officer, Chief Financial Officer, Chief Operating Officer and Chairman of the Board of Directors. Prior to starting XY - The Findables Company, Arie was CEO and Chairman of Pike Holdings. (later sterkly, LLC). Before Pike, Arie served as Chief Technology Officer of Tight Line Technologies LLC. He received his Bachelor of Science in Computer Science from the New York Institute of Technology.
Hype
This is the proof that many people are interesting into the project or not. How we check it? In my opinion, check the telegram group is the best way that i know. Why telegram? why not other? As we can see, in telegram group the investors can ask all detail about project so the amount of member is reference for us to know whether the project attract many people or not. All potential investors will have very active conversation with the team in telegram. In telegram also we can see how active, how serious is the team manage the project. Their telegram group has more than 15,000 members. That is not less amount and Imagine that if the all of them are the strong supporters behind this project, so the project will bring successfully story. it is a proof that the hype around project is high. Feel free to join the telegram
Beside of that, XYO become known project among the investors because the project has been promoted in many sites. As we know the advertising system is the most great way how to improve the interesting of the investor with the project. No good advertising system means the no success for its project. XYO also been a partner with some platform and visit website for more information.
Other information, XYO has been listing in many great ico listing website such as Icobench and has high rating at 4.2/5. The other rating website also gives very high rating. Its a proof too that the project has plus value as good reference before investing in the project. Please check website and the picture below.
Token Sale
i just visited the website and the token sale has only 2 days left. It is still very short time to join the token sale. the token sold to date is 1,610,254,004.17 token. It has reached more than the soft cap that is the minimum cap needed to continue the development. Below is the detail of the token.
Token Symbol : XYO
Type : ERC20
Payment : ETH
Decimals : 18
Hard Cap : $ 48,000,000
Conclusion
Finally, every project has their own risk so please do your own research before joining the project. I just share my opinion about the XYO project and i think it is great project with low risk involve in it. Now only 2 days left to join the token sale so just be hurry. That is my opinion so what is your opinion?
Contact
Author Info
Anne8
Link
0xcBB5abfed2D79D045722670635c2e67F0588C224
Thank You