XYO Price in India (XYO)

XYO is a decentralized oracle network that enables smart contracts and dApps to access and verify real-world geospatial data. Operating on the Ethereum blockchain, XYO utilizes a network of devices to collect, validate, and relay location information, ensuring data integrity and authenticity without relying on centralized entities. The network is backed by its native token, XYO. 

XYO was co-founded by Arie Trouw, Scott Scheper, and Markus Levin in 2018.

• XYO token: The native utility token, XYO, powers the XYO decentralized platform. It is used to incentivize participation within the network and allow users to earn rewards by contributing data. XYO tokens are also used to pay for services within the ecosystem, such as querying location data.

• Decentralized data network (DePIN): XYO runs a decentralized physical infrastructure network (DePIN) that gathers and verifies real-world data through a distributed network of nodes.

• Data sovereignty: Users and organizations maintain ownership of their data and can choose to share it in exchange for XYO token rewards.

• Developer tools & SDKs: XYO provides software development kits (SDKs) and APIs to help developers easily integrate decentralized location and data services into apps.

XYO’s strong focus on decentralized data collection and real-world use cases, such as AI training, geospatial data analytics, logistics, and even metaverse integration, gives it utility across multiple growing sectors. Combined with its scalable infrastructure and partnerships, XYO has positioned itself as a promising project in the Web3 and data economy space. XYO ranks #267 in the overall crypto ranking, with a market cap of $178.64M, as of 22 May 2025. Its price is forecast to reach $0.12 by 2030, as per technical analysis, making it a promising crypto. 

You can buy XYO from crypto platforms like CoinSwitch.

• XYO can be traded on crypto platforms like CoinSwitch. 

• The token is used to pay for services within the XYO ecosystem.

• XYO is used to incentivize participation within the network, allowing users to earn rewards by contributing data.

• Users can stake their XYO tokens to support network security and earn passive rewards.

• XYO connects blockchain technology with real-world location data, enabling supply chain, logistics, and smart cities applications.

• XYO builds a scalable network of data nodes that are not reliant on centralized servers.

• Launched in 2018, XYO has continued to build its ecosystem over the years, indicating a long-term vision and commitment.

• XYO is subject to market volatility like all cryptos.

• The real-world enterprise adoption of the XYO network remains relatively niche.

• Faces competition from other oracle and data projects like Chainlink and Helium.

• Start investing in XYO with just ₹100.

• CoinSwitch provides a seamless and intuitive trading experience for users.

• Easily manage your transactions and portfolio on the app.

XYO (XYO) conducted its Initial Coin Offering (ICO) from March 20 to May 21, 2018, successfully raising approximately $12 million. During the ICO, approximately 1.67 billion XYO tokens were sold, representing about 11.96% of the total supply.  The funds raised were allocated to the development of the XYO Network, aiming to create a decentralized oracle network.