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Key people at XYO.
XYO was founded in 2018 by Markus Levin (Co-Founder) and Scott Scheper (Founder, Vice Chairman & CMO).
XYO builds a decentralized physical infrastructure network (DePIN), functioning as a trustless oracle for reliable real-world and digital data. It utilizes a custom data blockchain, XYO Layer One, and a dual-token ecosystem, ensuring data integrity and security. Millions of connected devices act as XYO Nodes, contributing verified data to form a robust foundation for trustless solutions.
XYO’s roots began with Arie Trouw's 2012 founding of XY Labs, focused on digital sovereignty. In 2017, Trouw and Markus Levin co-founded XYO, expanding earlier innovations with blockchain technology. Their insight centered on creating a protocol allowing devices and individuals to contribute data within a large-scale, decentralized infrastructure.
XYO serves Web2 and Web3 clients, offering tools to verify and utilize data for artificial intelligence, real-world assets, and location-based gaming. Its ecosystem includes the COIN app, rewarding users for data generation. XYO envisions empowering individuals with digital independence by blending Web2 convenience with Web3 sovereignty, shaping a user-controlled internet.
XYO was founded in 2018 by Markus Levin (Co-Founder) and Scott Scheper (Founder, Vice Chairman & CMO).
XYO has 1 tracked investment across 1 company. The latest tracked deal is $4.0M Seed in NATIX Network in April 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 1, 2023 | NATIX Network | $4.0M Seed | Blockchange Ventures | BEN Perszyk, Blockarm Capital, Coinix, CV VC, Mulana Capital, Mysterium Network, Plug And Play Ventures, Techstars |
Key people at XYO.
