Since the launch, the XYO price has been volatile and has generally followed the wider crypto market trends. These are the project’s quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project. These are the project’s quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.
Max Total Supply
The network collects data like geography, temperature, speed, humidity, etc. If Jared’s friend uses the XYO network, he can ping his location, and other XYO users around him can verify or confirm that location. XY Oracle (XYO) is a decentralized location network that uses a cryptographic proof-of-origin mechanism to verify and validate geospatial data. It is powered by the XYO token, an ERC-20 token issued on the Ethereum blockchain.
To request a custom feed, users can reach out to DIA through Discord or Telegram.The use cases for DIA’s price oracles are vast, with applications in the DeFi and NFTfi sectors. In DeFi, the price information provided by DIA’s oracles can be utilized in derivatives, options and futures, lending and borrowing markets, collateralized stablecoins, synthetic asset issuance, and money markets, among others. DIA’s price oracles serve as trusted sources of real-time price data, enabling secure and accurate decision-making within blockchain applications and ecosystems. DIA’s XY Oracle API is a powerful tool that provides real-time price feeds for various crypto assets.
XYO can assist in tracking medical equipment, ensuring it is in the right place at the right time. Additionally, accurate location data can help optimize the routing of emergency services, improving response times and patient care. The Proof of Origin Chain, a blockchain-like structure that provides an immutable record of their activities and establishes a verifiable history of their data.
Contract Source Code Verified (Exact Match)
This decentralized method creates a reliable and decentralized location-based oracle network. Oracles are tools that allow smart contracts to access information that isn’t stored inside the blockchain. XYO is decentralized and offers cryptographic security and reliable data validation. The most active and popular exchanges for buying or selling XYO are Binance, Kucoin & Kraken. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.
- XYO is +0.00% in the last 24 hours.XYO has a circulating supply of 13.48 B XYO and a max supply of 13.93 B XYO.
- Diviners receive XYO tokens as payment for providing data query services on the XYO Network.
- To decide if the XYO token is a good investment for you, do not hesitate to read our XYO price prediction that predicts the future performance of the crypto asset based on various crypto market analysis and indicators.
- The XYO Network, alternatively known as the XY Oracle Network, is a decentralized and location-based network developed by XY Labs.
Blockchain and Cryptocurrency Updates
They facilitate the transmission of location data from Sentinels to Archivists. Without Bridges, the recorded data in Sentinel ledgers would not be effectively integrated into the network. Bridges play a vital role in maintaining the integrity of the transmitted data, ensuring that the heuristic ledgers received by Archivists remain unaltered. Users that require external location data use XYO as the payment for information transfer and validation. The XYO network has four core components – Archivists, Bridges, Diviners, and Sentinels.
View the XYO price history to determine the lowest and highest price paid for the XYO crypto and analyze market trends over time. Sentinels, bridges, archivists, and diviners on the XY protocol earn rewards with XYO tokens for their participation. Sentinels and bridges receive tokens when their information is utilized to answer queries. Archivists are rewarded for retrieving and using data, not just for storing it. Diviners receive XYO tokens as payment for providing data query services on the XYO Network. Bridges serve as connectors between Sentinels and other components of the XYO Network.
- The XYO Network can be utilized to track and verify the location of goods in the supply chain process.
- This could enable eCommerce retailers and websites to verify, in a trustless way, that the package not only appeared on the customer’s doorstep, but also safely inside their home.
- These devices use a cryptographic protocol to observe and store data from the physical world.
- The accuracy score, called the Origin Chain Score, is determined through a set of zero-knowledge proofs known as a Proof of Origin Chain.
- It ensures transparency, traceability, and accountability, reducing the chances of fraud, theft, and counterfeit products.
This XY Oracle Profit Calculator uses a simple mathematical principal to calculate the ROI of XY Oracle. It fetches the historical XY Oracle price from the database and compares with current XY Oracle Price and calculate the profit or loss made on it. Analysis was done on daily data, so all moving averages, RSI, etc.., were calculated on a daily XYO Network price chart. To see more analysis and outlook, please check the XYO Network price prediction page. It was established in 2012 by Arie Trouw, and it was initially focused on selling special Bluetooth gadgets called “XY Finders” to help customers locate their lost items. Reward amounts will be determined based on the type and relevance of the information provided.
Through the XYO World platform, users can trade and stake XYO tokens against unique ERC-721 tokens representing real-world locations. XYO’s price today is US$0.01905, with a 24-hour trading volume of $14.71 M. XYO is +0.00% in the last 24 hours.XYO has a circulating supply of 13.48 B XYO and a max supply of 13.93 B XYO. Sentinels create bound witnesses, while bridges collect and upload them to the XYO Network. These bound witnesses are stored by archivists, and a diviner can search for specific data within the network.
The accuracy score, called the Origin Chain Score, is determined through a set of zero-knowledge proofs known as a Proof xy oracle price of Origin Chain. Diviners analyze location heuristics from Archivists to produce answers to queries and assign accuracy scores to them. The XY Labs sells pre-made XYO Sentinel devices, but developers and companies can make their own XYO-enabled devices with the help of the XYO SDK. These are the project’s quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project. FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation. To check XYO’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page.