With the new found popularity for location-based games, I'm sure most of us, at one time, have been playing or hearing about Pokémon Go - a game that successfully "motivates" legions of gamers around the world to unleash their ass and explore their neighborhoods.
If you have been hacky, techy or even spoofy, you should know Pokémon Go relies heavily on GPS to work. Therefore, there are many GPS hacking applications (eg GPS Fake GO, Fly GPS) that became popular. They provide free / paid location spoofing methods so you can catch half the rare pokémon around the world or even out there in the middle of the Pacific Ocean. Then how, can we ensure the certainty and accuracy of a location? Enter XYO Network.
XYO Network
Encouraged by the lack of unreliable and decentralized location instincts, the XYO Network aims to be the first decentralized cryptographic location network built for the future world in which device ecosystems or location prophecies can determine whether an object is in an XY-coordinate location. This approach promises the highest possible certainty when asking for location data and greatly reduces the risk of spoofing the location through a series of proof of zero knowledge along the system components.
This component is known as Sentinel, Diviners, Bridges and Archivists, which revolves around three key principles:
1. Decentralization
The XYO network is completely transparent and autonomous where no single entity controls the verification process.
2. Powerless
Using blockchain technology, the XYO Network eliminates the need for trust by making all transactions transparent, decentralized and secure.
3. Identity
The XYO Network introduces a cryptographic method called Proof-of-Origin, when combined with zero proof knowledge, protects the privacy and security of its network users.
So why XYO Network?
Location-based services (LBS) give users access to relevant information, which means that LBS's future depends heavily on the accuracy and privacy of location data. According to a survey conducted by PEW Research in the US, the most popular activities performed by mobile users require the use of location data.
This shows that there is of course an untapped opportunity for advertisers, apps, publishers to create value from location services.
For Pokémon Go players, you should be familiar with in-game purchase items called "Lure" which, when deployed, spawns more pokemon within a certain period of time. Many businesses have implemented their store to be "PokéStop" and take advantage of the "Lure" magic to get more pedestrian traffic, and then use their creativity to turn it into paying customers.
Apart from games like Pokémon Go, many shopping centers are also looking for geo-fencing technology to encourage ongoing promotional notifications to customers entering their malls. All of this requires the use of location data, but there are still hurdles to getting users to enable their location services.
The majority of mobile users concerned about their privacy have been distracted as they share their location data. With XYO Network, this will not be a problem because your identity is always a secret. It is based on a set of cryptographic mechanisms - Witness Proof of Origin and Bound. For more technical details, you can read their white papers here:
49% of mobile users surveyed by Skyhook, mentioned that they are looking for an accurate location that can not be provided by current GPS solutions. On the XYO Network, the XYO Token is used to provide incentives on desired behavior in providing accurate and reliable location heuristics. XYO Tokens can be considered as "gas" needed to interact with the real world to verify the XY coordinates of a particular object. The XYO Token model provides an incentive to miners to not only provide accurate data, but also to know when it is not providing data at all.
Team XYO
We have seen infinite possibilities The XYO Network has been used in real-world scenarios. The potential is unlimited and can be applied to hospitals, airlines, rental agencies, and insurance agents today to Drone and Automobile Drill Delivery Systems tomorrow. But how can we be sure that XYO Network is a dream that can be realized? At the end of the day, it all depends on the team.
Since 2012, XY has built the most advanced location-based network in the world that uses real-world data patterns provided by their consumer businesses in the Bluetooth-GPS findables market. They have one of the largest networks of Bluetooth and GPS beacons in the world, and are now integrated with blockchain technology leveraged by XY Oracle Network, aka XYO Network.
Compared to other ICOs, XYO has most newspapers ever written. They have a technical white paper outlining how the XYO Network works, the components & protocols involved and the underlying cryptecheconomic incentives of the network. They have red papers that address potential security risks associated with the XYO Network and provide protection to protect the network. They have a green paper that talks about the primary business and token economy. Last but not least, they have a field deck! Yes, the field deck that summarizes all the important points for potential investors. For those people, they also have one pager and an executive summary. All of these documents can be found at:
With all our efforts, we can be sure this is not just a dream. In just six years, the team has created an infrastructure of 1,000,000 devices that have been distributed worldwide through XY-Findables. They have proven themselves to be subject experts where most of the location networks fail to reach this phase and reach the critical mass necessary to build a vast network. You'll find more information about the team here: https://xyo.network/team/
XYO Token Main Sales
The XYO Token will go on sale on March 20, 2018 and end on May 20, 2018. The sale has a tiered pricing structure starting at 1 ETH = 100,000 XYO and a maximum of 1 ETH = 33,333 XYO. Details about the pricing structure based on volume and time will be announced shortly. All unsold and unallocated tokens will be burned after the token sale event. So come, join us today!
For more information, see the following:
Author : baby vita
https://bitcointalk.org/index.php?action=profile;u=1864601
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