XYO
XYO is a Decentralized Physical Infrastructure Network (DePIN) that provides cryptographically verified real-world data through its Layer One blockchain, serving developers, AI/robotics companies, climate risk enterprises, and millions of individual users earning tokens via the COIN app.
- Company typePrivate
- Founded2018
- HeadquartersSan Diego, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What XYO does
XYO, operated by XY Labs, Inc. (a Delaware corporation headquartered in San Diego), is a Decentralized Physical Infrastructure Network (DePIN) founded in 2018 that verifies real-world events, actions, and assets on-chain. The company's core technology stack centers on XYO Layer One, a purpose-built Layer 1 blockchain for AI and robotics applications, using a dual-token model in which $XYO is used for staking and network security and $XL1 functions as the gas and utility token. Proprietary verification protocols — Proof of Location, Proof of Origin, Proof of Perfect (weighted consensus), Ground-Truth Validation, and Bound Witness — anchor the platform's ability to provide tamper-evident, cryptographically verified real-world data, with a network footprint cited at over 10 million nodes globally.
The company serves four primary customer segments: individual users (millions of COIN app participants across 100+ countries who earn XYO tokens by contributing location data), developers and builders (who use the XYO AI SDK, JS SDK, and React Chain Client to build on XYO Layer One), AI and robotics companies (which need verified real-world inputs for autonomous systems), and regulated-industry enterprises (such as the Resiliocs climate risk platform). Revenue mechanics span token staking and security economics, blockchain transaction fees (base fees burned, gas/priority fees to block producers), a freemium COIN app data-contribution loop, enterprise data services (Proof of Location, Proof of Origin, climate risk verification), and a small direct-to-consumer merchandise e-commerce channel. Distribution occurs through major cryptocurrency exchanges (Gate, KuCoin, MEXC, Coinbase, Crypto.com, Uniswap), the Revolut fintech platform, the COIN mobile app on iOS/Android, and the shop.xyo.network storefront. The company's go-to-market is product-led and community-led, with API-first developer tooling, and it has achieved regulatory milestones including SEC approval and listing on mainstream fintech rails.
XYO firmographics
Firmographics- Name
- XYO
- Legal name
- XY Labs, Inc.
- Website
- https://xyo.network
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- XYO is a Decentralized Physical Infrastructure Network (DePIN) that provides cryptographically verified real-world data through its Layer One blockchain, serving developers, AI/robotics companies, climate risk enterprises, and millions of individual users earning tokens via the COIN app.
- Ownership category
- akta.pro rank
XYO industry classification
Industry- Product category
- Decentralized Physical Infrastructure Network (DePIN)
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Securities and Commodity Exchanges (52321), Computer Systems Design and Related Services (54151)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Services-Computer Programming Services (7371)
- akta.pro primary industry
- DePIN Hardware, Devices & Supply Chain (miners/routers/hotspots, firmware, device management) (FSAPALAJ)
- akta.pro secondary industries
- Testing, Simulation & Local Dev Environments (testnets, forks, fuzzing, CI) (FSAPABAG), Model Transparency, Explainability & Interpretability (XAI) (HDAAAMAB)
Keywords
Where XYO is headquartered
LocationHeadquarters
- HQ city
- San Diego
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
XYO business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- Token Staking and Security: XYO tokens are used for staking to secure the network and earn rewards. Node operators stake XYO to validate blocks and earn rewards, while system stakers can stake without running nodes. XL1 tokens are earned as staking rewards.
- Blockchain Transaction Fees: XL1 serves as the gas token for XYO Layer One, with users paying Base Fees, Gas Fees, and Priority Fees in XL1 for on-chain transactions. Base Fees are burned, while Gas and Priority Fees go to Block Producers.
- COIN App Rewards: Users earn COIN by completing tasks and contributing location data through the mobile app. COIN can be redeemed for XYO tokens, creating a user acquisition and data collection loop.
- Data Services and Verification: Enterprise clients pay for verified real-world data services including Proof of Location, Proof of Origin, and climate risk verification. Partnerships like Resiliocs integrate XYO's verification into regulated markets.
- Merchandise Sales: The company operates shop.xyo.network selling branded merchandise including clothing, accessories, and novelty items like the Geohacker Coin.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | XYO Geohacker Coin - Collector's novelty item |
| Unit Pricing | Pay-as-you-go | XYO Hat (Curved Bill) - Branded apparel |
| Unit Pricing | Pay-as-you-go | XYO Everywhere I Go Hoodie - Unisex branded hoodie |
| Unit Pricing | Pay-as-you-go | XYO Tee Orange Edition - Branded clothing |
| Unit Pricing | Pay-as-you-go | XYO Dual Plated Coin (Original) - Premium collector's coin |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
XYO product offering
Product offeringCore offering
XYO operates a Decentralized Physical Infrastructure Network (DePIN) that cryptographically verifies real-world data on-chain. It runs XYO Layer One, a Layer 1 blockchain purpose-built for AI and robotics, using a dual-token model (XYO for staking/security, XL1 for gas/utility). The COIN mobile app enables individuals to contribute location data and earn XYO tokens, while developer tools (AI SDK, JS SDK, Data Lakes) allow builders to create verifiable dApps.
Product overview
XYO is a Decentralized Physical Infrastructure Network (DePIN) providing real-world data verification through a blockchain platform. The offering consists of XYO Layer One (a proprietary Layer 1 blockchain), dual tokens ($XYO for staking/security and $XL1 for gas/utility), the COIN mobile app for node participation, the XYO AI SDK for AI-assisted development, Data Lakes for off-chain storage, and XL1 Wallet browser extension. Supporting products include Foreverize demo dApp, Proof of Location/Origin/Perfect protocols, and Ground-Truth Validation. The ecosystem spans over 10 million nodes globally, enabling trusted real-world data validation for AI, geospatial, and climate applications.
Differentiator
Problem solved
Functional benefit
Brands
- COIN: XYO's mobile platform that lets users participate in the decentralized infrastructure of the XYO ecosystem by contributing real-world data and earning XYO tokens as rewards.
- XL1 Token
Products and services
- XYO Network The original Decentralized Physical Infrastructure Network (DePIN) launched in 2018, providing real-world data verification and location verification services through a network of over 10 million nodes globally.
- XYO Layer One A unified, scalable, and shared Layer 1 blockchain designed for AI and robotics. XYO Layer One implements a dual-token model with $XYO for staking/security and $XL1 for utility/gas, purpose-built for verifiable on-chain applications.
- $XYO Token ERC-20 token launched in 2018 that powers the XYO ecosystem. Used for staking, governance, securing the network, data validation, and smart contract interactions on XYO Layer One.
- $XL1 Token Gas and utility token for XYO Layer One blockchain, launched in 2025. Used to pay transaction fees (base, gas, and priority fees), power smart contracts, reward network participants, and enable decentralized applications.
- COIN App Mobile platform that lets users participate in XYO's decentralized infrastructure by contributing real-world data. Users earn COIN rewards that can be redeemed for XYO tokens or physical items, available on iOS and Android across 100+ countries.
- XYO AI SDK Software development kit enabling developers using AI coding tools (Claude, Codex, Cursor, Copilot, Windsurf) to build products on XYO Layer One without writing Solidity or blockchain code. Includes skills for xl1-scaffold, xl1-patterns, xyo-knowledge, and xy-toolchain.
- XL1 Wallet Browser extension wallet for XYO Layer One blockchain, similar to MetaMask. Enables secure token storage, Layer One integration, gas payments, and dApp interactions with dark/light mode options.
- XYO Data Lakes Cryptographically secured off-chain data storage system with on-chain proof of integrity, designed specifically for AI workloads. Part of the XYO AI SDK ecosystem for verifiable data access.
- XYO Merchandise Store Online store selling XYO branded merchandise including apparel (hats, t-shirts, hoodies, joggers), accessories, novelty items, and collectible coins (XYO Geohacker Coin, Dual Plated Coin).
- Foreverize Hands-on demo application on XYO Layer One Testnet that lets users upload files to generate cryptographic hashes published permanently on the blockchain, demonstrating off-chain data with on-chain proof.
Quantifiable outcome
- 1200% price increase: XYO surged from $0.0034 in September 2024 to $0.04419 by December 3, 2024
- +3 more outcomes
Companies that use XYO
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles4 records
XYO technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability5 records
Feature8 records
XYO partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- ResiliocscoreXYO partnered with AI-powered climate risk platform Resiliocs to integrate cryptographic verification into climate risk modeling and financial analysis. The partnership anchors environmental and geospatial observations at the point of collection using XYO's Proof of Origin technology, creating tamper-evident records to support accountability in regulated markets. The collaboration addresses growing demand from regulators and financial institutions for verifiable data integrity in climate risk assessments.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
XYO competitors and assessment
Company assessmentBroad incumbents
- Polygon Labs: Polygon operates a major Layer 1/2 blockchain ecosystem with extensive developer tooling and enterprise adoption. It is comparable to XYO Layer One as competing infrastructure for dApp and AI-agent developers, though at significantly larger scale.
- Chainlink: Chainlink is the dominant oracle and off-chain data verification network for smart contracts, serving enterprise customers with tamper-evident data feeds. It overlaps with XYO's Proof of Location and Proof of Origin services but addresses a broader range of data types at larger scale.
Direct peers
- IoTeX: IoTeX is a blockchain platform purpose-built for IoT and real-world data, combining hardware devices with on-chain verification — directly comparable to XYO's combination of physical nodes, Proof of Location, and a dedicated Layer 1 blockchain.
- DIMO: DIMO is a DePIN network that collects verifiable vehicle telematics using connected hardware, token incentives, and on-chain data integrity — overlapping with XYO's location and asset-tracking use cases for autonomous vehicles and logistics.
- Helium: Helium is a leading DePIN network for wireless connectivity using community-deployed hotspots — the closest analogue to XYO's model of incentivizing physical infrastructure nodes that produce verifiable real-world data. Both networks rely on token rewards and consumer participation to scale.
- Filecoin: Filecoin is a decentralized storage network built on a Layer 1 blockchain with a dual-token model and cryptographic proofs of data integrity — directly comparable to XYO Layer One's combination of data verification, dual tokens, and Proof of Origin/Data Lakes storage.
- Pocket Network: Pocket Network is a decentralized infrastructure protocol that coordinates node operators to provide reliable RPC services for blockchains, using token incentives — comparable to XYO's DePIN model of paying distributed node operators for verifiable infrastructure services.
- Render Network: Render is a DePIN network that decentralizes GPU compute for rendering and AI workloads, with a token-based incentive model similar to XYO's approach of paying node operators for contributing verifiable real-world resources.
Emerging players
- Ocean Protocol: Ocean Protocol is a token-incentivized data marketplace focused on data sovereignty and AI training datasets — thematically overlapping with XYO's positioning as data-sovereignty infrastructure for AI and machine learning use cases.
- Arweave: Arweave provides permanent, cryptographically verifiable data storage with a token-incentivized network — comparable to XYO Data Lakes' combination of off-chain storage with on-chain proof of integrity for AI and enterprise workloads.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
XYO social profiles
Digital presenceXYO compliance and trust
Trust signalCompliance1 record
XYO financial estimates
Financial estimateRevenue estimate
Valuation estimate
XYO leadership team
Management profileNumber of profiles
Profiles4 records
XYO funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
XYO M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about XYO
What does XYO do?
XYO operates a Decentralized Physical Infrastructure Network (DePIN) that cryptographically verifies real-world data on-chain. It runs XYO Layer One, a Layer 1 blockchain purpose-built for AI and robotics, using a dual-token model (XYO for staking/security, XL1 for gas/utility). The COIN mobile app enables individuals to contribute location data and earn XYO tokens, while developer tools (AI SDK, JS SDK, Data Lakes) allow builders to create verifiable dApps.
Is XYO a public or private company?
XYO is a private company. It is classified as venture growth investor backed and is currently operating.
When was XYO founded?
XYO was founded in 2018. It employs 11 to 50 people.
Where is XYO based?
XYO is headquartered in San Diego, United States, in the North America region.
How does XYO make money?
Five revenue lines are on record. Token Staking and Security is the primary driver. The others are blockchain Transaction Fees, COIN App Rewards, data Services and Verification and merchandise Sales.
Who are XYO's main competitors?
Broad incumbents on record are Polygon Labs and Chainlink. Direct peers are IoTeX, DIMO, Helium, Filecoin, Pocket Network and Render Network. Emerging players are Ocean Protocol and Arweave.
Does XYO have an API?
Yes. XYO Layer One API for accessing blockchain data is under development. An API for accessing XYO Layer One data is not yet available, with active work being done to release one so developers can stress test the network and experiment with dApps. Developer documentation is at docs.xyo.network.
What industry is XYO in?
XYO's product category is Decentralized Physical Infrastructure Network (DePIN). Its primary akta.pro industry code is FSAPALAJ, DePIN Hardware, Devices & Supply Chain (miners/routers/hotspots, firmware, device management), with a secondary code of FSAPABAG, Testing, Simulation & Local Dev Environments (testnets, forks, fuzzing, CI). Its NAICS code is 5182 and its SIC code is 6200.