XYO Network Ico Review

XYO Network Ico Review – Blockchain Just Entered the Real World

About XYO Network

Pending the XYO Network Foundation’s tax exempt status, they will accept contributions from interested parties in the form of both fiat and cryptocurrencies, including own original ERC20 token, XYO. While the primary source of funding will remain XY – The Persistent Company, as an open source, non-profit project, anyone who wishes to contribute is welcome. Many different kinds of participation will be necessary for XYO as a platform moving forward. XYO will need your contributions, creativity, time, network share, and dissemination. They want to encourage community to contribute what they can offer and take everything XYO has to offer in return.

XYO Network Key Information

KeyPoints
Token NameXYO Network
Average price0.00 USD
Hard cap48,000,000 USD
Tokens for sale100,000,000,000
Distributed in ICO47%
CountryUSA
AcceptingETH
Token SymbolXYO
Token TypeERC20
Raised$11,951,000
PlatformEthereum
Price in ICO0.0070 USD
WhitepaperClick Here For View Whitepaper
WebsiteClick Here For Visit ICO Homepage

The Game Change Team Behind XYO Network

XYO Network Ico Review - Blockchain Just Entered the Real World

Other Network Vocabulary

XYO Network characteristic where all parties in a system can reach a consensus on what the canonical truth is. Power and trust is distributed (or shared) among the network’s stakeholders (e.g. developers, miners, and consumers), rather than concentrated in a single individual or entity (e.g. banks, governments, and financial institutions). This is a common term that can be easily misunderstood. Blockchains don’t actually eliminate trust. What they do is minimize the amount of trust required from any single actor in the system. They do this by distributing trust among different actors in the system via an economic game that incentivizes actors to cooperate with the rules defined by the protocol.

A protocol coined by Nick Szabo before Bitcoin, purportedly in 1994. The idea behind smart contracts is to codify a legal agreement in a program and to have decentralized computers execute its terms, instead of humans having to interpret and act on contracts. Smart contracts collapse money (e.g. Ether) and contracts into the same concept. Being that smart contracts are deterministic (like computer programs) and fully transparent and readable, they serve as a powerful way to replace middle-men and brokers.

Finding solutions, moving forward.

XYO Network is a great idea that needs more great ideas. The fastest way to move forward is by harnessing the world’s community of talented engineers and developers, as well as enthusiasts with big ideas who want to become great in these fields. If you’re one of these people, they want you to become one of your people. Learn how to be part of XYO by building and testing your network components. Read more by visiting the XYO Open Source Initiative. This open source code analyzer is specifically targeted at finding security vulnerabilities and vetting code from third party developers.

How could the world change?

XYO Network provides forward-thinking developers and dilettantes opportunities for innovation and evolution. Stay on top of the next tech movement, and drive the decisions that shape the future of technology and transparent data. XYO can impact your project, and they will focus on teaching interested parties how to stay ahead of the game and devote resources to the projects that really matter.

More resources will be coming not only for the development, but the strategic deployment of XYO Protocols and technology to expand the real-world usage of XYO. Please take a moment to read up on your technology and case studies and if you have developed or would like to develop a solution or technology that incorporates XYO, please jump into the project.

What’s a founding hodler?

XYO Network is a cryptocurrency term meaning hold, based on a common typo. A holder is someone who keeps their cryptocurrency long-term rather than quickly buying and selling it. XYO founding holders are the people who bought XYO tokens directly from XYO and, in doing so, helped found XYO. They’re entitled to certain special rewards from XYO if they hold their XYO tokens. They get asked a lot about how to join the FHR and the answer is… you can’t. The FHR is forever, so you’re already a member, or you’re not.

XYO World: Geotoken Zero

XYO Network World is the new staking system from XYO. It has an inbuilt rewards system that allows XYO tokens to flow between users who own XYO World tokens, a type of ERC-721 non-fungible token used with Ethereum smart contacts. These tokens act as containers and can hold data, including XYO tokens. The largest betoken is Geo token Zero, and it represents the entire world in the XYO World system. Most XYO World tokens belong to whoever pays their minting deposit at auction, but Geo-token Zero is special.

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