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Cryptocurrencies/Coins/XYO Network (XYO)
XYO Network price, market cap on Coin360 heatmap

XYO Network(XYO)

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$0.008789
(0.03%)
0.00000013 BTC
Market Cap (Rank#386)
$118,450,022
1,775 BTC
Vol 24h
$563,493
8.444261 BTC
Circulating Supply
13,476,747,692
Max Supply
13,931,216,938
39 days agocoindesk
Mike Novogratz’s Galaxy Digital Should Be a ‘Core Holding’ for Digital Asset Investors, Stifel Says
There are a number of key catalysts for the company, and these include ETF net inflows, the development of GalaxyOne and a potential Nasdaq listing, the report said.
330 days agocryptodaily
DWF Labs Commits Seven-Figure Investment to Outer Ring MMO: A New Era of Gaming Begins
In an exciting development, DWF Labs has pledged long-term financial support to the Outer Ring MMO, injecting a substantial seven-figure investment. This strategic funding infusion will accelerate the development of their groundbreaking video game and propel the growth of their immersive blockchain ecosystem. Prepare for an exhilarating 3rd-person shooter MMORPG experience like never before.⁣ Having already raised an impressive $15M in 2022, Outer Ring MMO continues to forge ahead with their ambitious plans to create a massively multiplayer online game (MMO) enriched with a tokenized layer. Boasting a dedicated team of over 250 talented individuals, they are now poised to expand into a flourishing ecosystem centered around the $GQ token. The timing of this long-term financial support couldn't be better, coinciding with the eagerly anticipated Early Access Pre-Alpha playable on June 28th.⁣ Daniel Valdés, CEO of Maniac Panda Games, expressed his gratitude and excitement, stating, "It is a pleasure and a privilege to have the DWF Labs team working around the $GQ ecosystem and lending their expertise and capital to the development of Outer Ring MMO."⁣ Outer Ring MMO's Dapp already incorporates a wide array of impressive features. Their Decentralized Exchange empowers players to stake $GQ and in-game tokens, unlocking rewards through various yield farming methods. Additionally, the team has successfully developed their own NFT Marketplace and recently concluded two rounds of NFT Lands auctions, generating over $300K in volume. With the support of DWF Labs, Outer Ring MMO will further fortify its growing ecosystem, attracting new players and introducing them to the numerous advantages of blockchain technology.⁣ About Outer Ring MMO Outer Ring MMO is an immersive 3rd-person sci-fi action MMORPG for PC. Powered by Unreal Engine 5 and set across a vast universe, players embark on an epic journey spanning galaxies to explore new worlds, unravel ancient mysteries, and confront the perils of deep space.⁣ Over 300 talented game developers work together at Maniac Panda Games, one of Europe's largest game studios with its headquarters in Spain. Their mission is to transport players to a new dimension of gaming by offering an exciting selection of titles, ranging from arcade and racing games to action-adventure genres, along with innovative web3-powered experiences. Outer Ring Links:⁣ Dapp: https://dapp.outerringmmo.com Web: https://outerringmmo.com Twitter: @outerringmmo⁣ Instagram: @outerringmmo⁣ Youtube: @outerringmmo⁣ Discord: https://discord.com/invite/outerringmmo⁣ Telegram EN group: https://t.me/outerringocialeng⁣ Contact:⁣ Marketing Department [email protected] Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

About XYO Network?

The live price of XYO Network (XYO) today is 0.008789 USD, and with the current circulating supply of XYO Network at 13,476,747,692 XYO, its market capitalization stands at 118,450,022 USD. In the last 24 hours XYO price has moved 0.000372 USD or 0.04% while 666,682 USD worth of XYO has been traded on various exchanges. The current valuation of XYO puts it at #386 in cryptocurrency rankings based on market capitalization.

Learn more about the XYO Network blockchain network and how it works or follow the price of its native cryptocurrency XYO and the broader market with our unique COIN360 cryptocurrency heatmap.

Introduction

The XYO Network (XYO) is a revolutionary trustless, cryptographic location network that aims to disrupt the centralized control of location data. By utilizing zero-knowledge proofs, XYO Network provides accurate and valid location information, allowing developers to interact with the physical world as an API. With an existing infrastructure of over 1,000,000 devices using Bluetooth and GPS technology, XYO Network is poised to revolutionize the way we verify and trust location data.

Technology & Mechanism

Consensus Mechanism

XYO Network employs a unique consensus mechanism to ensure the accuracy and reliability of location data. By utilizing a network of components such as Sentinels, Bridges, Archivists, and Diviners, XYO Network achieves high certainty on location data, eliminating the need for centralized control.

Blockchain Technology

XYO Network operates on a blockchain technology that provides a secure and transparent platform for location verification. By leveraging the power of blockchain, XYO Network ensures the immutability and integrity of location data, making it resistant to manipulation and fraud.

Key Features

Scalability

XYO Network is designed to scale seamlessly, accommodating a vast number of devices and transactions. This scalability ensures that the network can handle the increasing demand for accurate and reliable location data.

Security

With its cryptographic protocols and decentralized architecture, XYO Network provides a high level of security for location data. By eliminating the need for a central authority, XYO Network mitigates the risk of data breaches and unauthorized access.

Privacy

XYO Network prioritizes user privacy by allowing individuals to control their own location data. Through the use of zero-knowledge proofs, XYO Network ensures that location information remains private and confidential.

Decentralization

By leveraging the power of blockchain technology, XYO Network eliminates the need for centralized control of location data. This decentralization not only enhances security and privacy but also promotes transparency and trust in the network.

Development Team & Governance

The XYO Network project is led by a team of experienced professionals who are passionate about revolutionizing the way we interact with location data. While the specific governance model is not mentioned, the team is committed to building a decentralized and community-driven network.

Use Cases & Potential Impact

XYO Network has a wide range of potential use cases across various industries. From supply chain management to autonomous vehicles, XYO Network can provide a secure and reliable system for location verification. By eliminating the reliance on centralized authorities, XYO Network has the potential to disrupt traditional systems and enhance efficiency and trust in location-based services.

Purchase & Storage

How to Buy

XYO Network (XYO) can be purchased on several reputable cryptocurrency exchanges. Interested investors can visit exchanges such as Binance, KuCoin, and Coinbase to acquire XYO tokens.

Wallets & Storage

To securely store XYO tokens, users can utilize compatible wallets such as MetaMask, MyEtherWallet, or Ledger Nano S. These wallets provide a safe and convenient way to store and manage XYO tokens.

Partnerships & Collaborations

XYO Network has established partnerships and collaborations with various organizations to further enhance its ecosystem. These partnerships include collaborations with leading technology companies, academic institutions, and industry experts. By leveraging these partnerships, XYO Network aims to accelerate the adoption and integration of its technology.

Roadmap

XYO Network has a clear roadmap outlining its future plans and objectives. The project aims to continue expanding its network of devices and improving the accuracy and reliability of location data. Additionally, XYO Network plans to integrate with popular blockchain platforms, further enhancing its compatibility and usability.

Risks & Challenges

As with any emerging technology, XYO Network faces certain risks and challenges. These include potential data manipulation, pollution, loss, and collusion. However, the XYO Network team is dedicated to addressing these challenges and continuously improving the network's security and reliability.

Community & Regulatory Compliance

Community

XYO Network has a vibrant and active community of supporters and developers. The community plays a crucial role in the growth and development of the network, contributing to its success through collaboration and innovation.

Regulatory Compliance

XYO Network is committed to complying with all relevant legal and regulatory requirements. By adhering to these standards, XYO Network aims to build trust and confidence among users and stakeholders. In conclusion, XYO Network is revolutionizing the way we verify and trust location data. With its trustless, cryptographic location network, XYO Network provides a secure and reliable system for location verification. By eliminating centralized control and leveraging blockchain technology, XYO Network aims to enhance efficiency, privacy, and trust in location-based services. With a strong development team, strategic partnerships, and a clear roadmap, XYO Network is well-positioned to make a significant impact in various industries.
XYO Network Price0.008789 USD
Market Rank#386
Market Cap118,450,022 USD
24h Volume563,493 USD
Circulating Supply13,476,747,692 XYO
Max Supply13,931,216,938 XYO
Yesterday's Market Cap120,897,408 USD
Yesterday's Open / Close0.008599 USD / 0.008971 USD
Yesterday's High / Low0.008971 USD / 0.008592 USD
Yesterday's Change
0.04% ( 0.000372 USD )
Yesterday's Volume666,682.19 USD
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