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XYO Launches Blockchain’s First Data-Focused Layer 1 Network
XYO Launches Blockchain’s First Data-Focused Layer 1 Network
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BTCCSquare news:
XYO, the pioneering DePIN project with over 10 million nodes, has unveiled XYO LAYER One—a blockchain network tailored for data-intensive industries like AI, logistics, and cloud services. The launch marks the first scalable blockchain designed to handle large data volumes without compromising performance.
Since 2018, XYO has built an ecosystem of data-producing devices and individuals, generating $8.8M in revenue in 2024. Its flagship app, COIN, allows users to monetize everyday data, expanding from location tracking to complex validation of shopping habits and survey responses. A recent campaign demonstrated practical utility by optimizing supermarket layouts using crowdsourced shopper data.
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