Topic: [ANN][TOKEN] XYO - Decentralized Crypto-Location Oracle Network. Sale 20.03 - page 94. (Read 79879 times)

And it shows you how great potential use-cases are!
Amazon payment-on-delivery, self-driving car location, theft prevention, geo-location games, transport logistics (trucking companies) etc.
So many options...

This is very useful and unusual way of data location network like no other third party involved to sniff any location or identity of a user. Thanks for summarizing it for basic information to understand by investors, bounty and the future partners who will be interested on this service.

The XYO Network introduces a source of location data that does not originate from a centralized system, but instead from a vastly distributed network of interconnected devices that can deliver that location-based smart contracts require for execution.

MAIN FEATURES OF THE XYO NETWORK
• Decentralized
Confirmation doesn’t contain any big and payment based companies or organizations. This network is totally a transparent system. It is an open source which doesn’t has any entry barriers.
• Trustless
As users always concern about the trustworthiness of the network, The XYO Networks blockchain technology removes the need for trust by making all transactions transparent, decentralized, and protected.

• Identityless
To protect the privacy of all the users, all the location data is stored anonymously. This is done by a cryptographic method which is called Proof of Origin.

Brief overview of the project from the team CTA_Group published on  steemit  medium

Smart contracts are tools that are revolutionizing the way humans conduct business. They remove the necessity for the trusted third-parties and middlemen that the system currently rely on in order to execute the terms of an agreement. The only way this evolution of human interactivity can be successful is if the data that is accessible to these contracts is accurate and verifiable. Centralized authorities are susceptible to interference, attacks, and failure and as a result do not serve as technologically viable source of data for smart contracts. Therefore, there is a need for a consensus-based network of interconnected devices that records and verifies real world events in order to make the resulting data available in a distributed, trustless, and secure manner. This is precisely the design of the XYO Network.

This is a good investment, I think that those people who have these tokens will not regret this investment

The team is actively working on a progress bar for the token sale as that has been requested by many supporters. We appreciate your patience and support.

i just visited the website to see how many coins that already sold but unfortunetly it doesnt show
below is the ss i took from this page https://get.xyo.network/

Dear Community! Please check: XYO NETWORK - "Bringing Blockchain To The Real World"
https://www.youtube.com/watch?v=3cl6bYwImDI

Hey. There is information how many team gathered Ethereum for 3 days ICO? I think it's a small amount, but I want to know for sure.

Is this that for real? Can you make the source of it on public. I even don't see how much funds was raised on the presale. I will don't believe in words even it comes from the team unless i saw the real amount with my both eyes.

We build a new tomorrow we can't wait for it to come we just believe in and plan it. It's in our hands already.

Dear Community,
Please, check out the Interview with the XYO NETWORK:
https://www.youtube.com/watch?v=6E7wi4qS1Wo&t=29s

Where do you see the total number of tokens sold? I want to see this information before I decide to invest because the ability to to raise capital also evaluates the potential of the project.

There is no doubt about it, and I think this project has great potential to be successful.
and I am sure that all teams will surely do the job the best in order to make this project succeed and deliver results that did not disappoint.

I suggest that all of you should support and spread this platform because it is really worth to invest time, effort and money. This is a potential project and aside from that, the team allocated a huge amount of money in the bounty campaign.

Yea their information is not completely accurate. The post above yours explains it quite well.
All unsold tokens will be burned, and there is intentionally no hard cap to allow the market to choose how to value the company.

ICObench states that 100,00,000,000 token is available at 1ETH= 100,000, invariably means the funding will be about a million ethereum which I think is not feasible and possible. so thats why I dont trust those Ico rating sites' information. I also dont believe they can give that much in the bounty campaign except they raise that large sum of fund, which could be scary compare to recent ICO fund.

No soft or hard cap.
Unlike most ICOs and token sales, we're producing something with a physical component and, at least initially, we'll be the ones creating that hardware. A stronger Token Sale will give us the ability to move more quickly and on a larger scale. Because of the potential of the network, we chose to let the market set the value rather than artificially choosing a cutoff point. We do see the potential for all of the tokens to be allocated during the sale, which would make it the largest token sale to date.

One thing to note, we weighed having a hard cap and did a pro-con matrix of every type of model. Each one has a trade-off; however with the scope of our project and what we need to do to make this wildly successful (and fast) is jump-start the network through investment in hardware and infrastructure. It doesn't make sense for us to limit this if the market would like it. The tradeoff with this type of model, is that it can appear as a turn-off to the crypto-trader/moon-lambo crowd because they want to eat up as much % as possible. There's a bigger picture here though; I would rather own something that I know is going to be around in 50 years, vs. a defined piece of something that may not be around that long. We are going for the 50+ year play. Though it won't take that long to realize great value in one's token.

Have also look everywhere on the any detail of the hardcap but can't find. I am still waiting for news on the hardcap, wouldn't mind the softcap details also