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Utopia Talk / Politics / The End of GPS?
Hot Rod
Revved Up
Tue Sep 04 09:48:09


THIS TINY DEVICE COULD REPLACE GPS AND SAVE US
$2 MILLION PER DAY

Called XYO, this exciting project has built over 1 million location beacons and is set to disrupt the $11 Trillion dollar location-reliant market



BY MARG TEIXEIRA
Staff Writer, Decentric.org

OK, so we're admittedly biased with this one because a core group of our team is behind XYO. But we're not excited about XYO for that reason alone. Actually, some of technology's most influential names are more excited about XYO than we are!

XYO came onto the scene out of nowhere in 2018. In fact, it's still flying a bit under the radar compared to where it could be next year.

Charlie Shrem, tech pioneer and founder of one of its most respected foundations, just recently joined XYO Network.

CNBC called XYO a perfect enterprise play for Amazon, and just recently they grew even closer to the e-commerce giant by joining Amazon Web Services' (AWS) Partner Network.

But what many don't know is they've made an even bigger splash overseas in the Chinese, South Korean and European markets. They've even been featured in massive Chinese Publications, including Forbes China.

So, what makes XYO Network positioned to disrupt the $11 Trillion location-reliant market and create one of the most exciting applications of technology to date?

Unlike some digital projects out there lacking any real substance, XYO sits behind a company called "XY" who's been in business since 2012.

This San Diego-based company has built over 1 million tiny Bluetooth and GPS devices that help you find and track your lost items.

What the brilliant minds at XYO are building is the software to connect together these 1 million+ devices (and counting) to replace GPS.

The result is the world’s first location-based, trustless, decentralized oracle network that isn't reliant on GPS, which costs American taxpayers a staggering $2 million per day.


HERE'S HOW THE XYO NETWORK WORKS


In the world of digital databases, a concept exists called an "oracle". An oracle is an off-chain data source that feeds information to smart contracts in order for them to execute.

For instance, one can create a peer-to-peer prediction application that awards the winner 100 ETH after a sports game concludes if Team A beats Team B by programming it to check espn.com's API one second after the game ends. In this example, espn.com is what's called an "oracle".

The idea behind XYO is similar. Except, instead of calling out to espn.com to get the score of a sports game, it enables one to call out to the real world to get an item's geolocation!

This is a game changer because XYO enables smart contracts to call out to the real world to program functionalities like, "When item A gets to XY-cordinate (latitude, longitude), then send 100 ETH to wallet address `0x1234...`

Imagine hopping on Amazon to order something and not a single penny is charged to your credit card until it's delivered to your door.

This is just one of many applications utilizing the XYO Network.

And even more powerful will be the ability for anyone, anywhere in the world to carry one of these small devices in their pocket and earn XYO every time they anonymously chip in to help the network and its users!



BRINGING TRANSPARENCY TO THE MARKETPLACE



Let's be honest: It's the Wild West out there.

Every day, there's a new "groundbreaking" and "revolutionary" project that hopes to grab your attention (and get you to fork over your money).

But sadly, most of them lack any real substance and leave you hanging high and dry with nothing to show for it.

What makes XYO unique in the marketplace isn't just the fact that they're backed by a real company...

Thanks to a special qualification, it's possible for anyone and not just "accredited investors" to claim their piece of the action.

This special qualification is the SEC's Reg A+ Equity program, and the company behind XYO went through the extensive process to qualify for it.

Where other projects in this space have zero oversight and only benefit the founders, people like you and I who purchase XY Equity receive the same protections offered by the United States of America's legal system.

This means...

Audited financial statements from trusted third-party accounting firms
Regular filings and updates previously only available to public companies
A fiduciary duty to act in the best interest of shareholders at all times

Bottom line: Owning XY's Equity gives U.S. citizens exposure to the lucrative opportunities of this groundbreaking technology WITHOUT the risks normally associated.

For a project to have this level of oversight and accountability, is unprecedented and a major win for people everywhere.

But here's the bad news...

At the time of this writing, XY is currently offering a SEC Qualified Reg A+ Securities Offering. However, there's a limit to the amount they're able to sell -- and that's $50 Million.

Once this amount of XY Equity is sold out, you won't be able to purchase from the team directly ever again.

To discover if it's still available to purchase, simply click here to head over to the official website.

We recommend purchasing from the team directly for one major reason...

When you purchase XY Equity from the official website, 100% of the funds go directly towards developing the XYO Team and Technology.

Alternatively, if you were to purchase through a third-party, your money just goes to flippers, traders and speculators.And there's a possibility it might not even be the real thing!

I hope this gives you a sense of why XYO Network is so exciting! Believe it or not, we've barely even scratched the surface with this one.


EDITOR'S UPDATE:



After publishing this article, we were able to lock down a special offer from XYO's Community Manager and she's given us an exclusive link for our readers!

Once you purchase XY Equity from their site using this special link, receive an EXCLUSIVE "Investors Kit" directly from the XYO Team that you can only get by purchasing directly from us! It includes goodies such as an XYO T-Shirt, Hat and more!

Click here to take advantage of this limited-time offer

Important: Because it is an SEC Qualified Reg A+ Securities Offering, once the limited supply of XY Equity sells out, it's gone forever.


http://fea...m=native&utm_campaign=C1_Ad1_1


Wrath of Orion
Member
Tue Sep 04 09:52:25
Ah, Retard Rod... Well, just keep being you. At least you're consistent.
jergul
large member
Tue Sep 04 10:01:51
Never by stocks if you also get a t-shirt.
Sam Adams
Member
Tue Sep 04 10:03:59
Lol. Jergul is not correct often, but this time he is.
Nimatzo
iChihuaha
Tue Sep 04 10:49:50
>?For instance, one can create a peer-to-peer prediction application that awards the winner 100 ETH after a sports game concludes if Team A beats Team B by programming it to check espn.com's API one second after the game ends. In this example, espn.com is what's called an "oracle".

The idea behind XYO is similar. Except, instead of calling out to espn.com to get the score of a sports game, it enables one to call out to the real world to get an item's geolocation!

This is a game changer because XYO enables smart contracts to call out to the real world to program functionalities like, "When item A gets to XY-cordinate (latitude, longitude), then send 100 ETH to wallet address `0x1234...`<<

This is meaningless and needlessly complicated technical jargon to describe an app that contacts a database to check for changes in status. Can you smell the scam?
Nimatzo
iChihuaha
Tue Sep 04 10:51:33
”Click here to take advantage of this limited-time offer

Important: Because it is an SEC Qualified Reg A+ Securities Offering, once the limited supply of XY Equity sells out, it's gone forever.”

Ah yes, there we go. Buy now or it’s gone forever.

Oh Hot Rod...
smart dude
Member
Tue Sep 04 10:54:43
A perfect product for dumbass old people to throw their money away on.
patom
Member
Tue Sep 04 11:10:25
When we bought our Subaru the salesman asked me if I wanted a GPS in it. I told him no and pointed at my wife saying, "I already have a nagigater"

Actually I have a fairly good sense of direction and can find my way without a GPS. Give me a map and an address, that's all I need.
Cold Rod
Member
Tue Sep 04 11:12:39
Retard Rod.
smart dude
Member
Tue Sep 04 11:16:35
Maps don't tell you that the piece of shit restaurant actually closed 3 months ago.
smart dude
Member
Tue Sep 04 11:17:13
...then again I guess GPS doesn't either lol
Rugian
Member
Tue Sep 04 11:20:42
1. Hot Rod, please don't invest any money in this.

2. Generally speaking, it would probably be a good idea if non-space based alternatives to GPS could be developed.
Sam Adams
Member
Tue Sep 04 11:46:21
We had non space based gps ages ago, and still have plenty of those capabilities. Dont worry, a trident missile will place its rv within 100m of red square even if we lose the sats.
Seb
Member
Tue Sep 04 12:47:24
Sam:

100m was the design parameter, it's almost certainly within 10m now using modern inertial guidance instruments that are way more accurate than what was available when the D5 was produced (solid state laser interferometery on a chip)

And they don't use GPS at all.

Sam Adams
Member
Tue Sep 04 13:29:22
The gps sats are almost certainly used to provide some boost to accuracy, even if its just for the initial firing position.

But ya modern laser inertial reference is pretty cool.
Hot Rod
Revved Up
Tue Sep 04 14:37:43

Rugian, I have no desire to spend money on this or anything else for that matter.

I was just asking if the author of the piece is correct when he states, "THIS TINY DEVICE COULD REPLACE GPS."

From the comments stated here, I guess not.

Sam Adams
Member
Tue Sep 04 14:47:23
No way. This tech would not work away from people.
Asgard
Member
Tue Sep 04 23:29:32
In general, don’t trust anything where it says “backed by a real company”. You don’t buy an iPhone because Apple says it’s device is “backed by a real company” do you? A scam is a scam is a scam.
Asgard
Member
Tue Sep 04 23:30:26
Also look at the URL you posted, it says “ad” right there. It’s not an article.
Nimatzo
iChihuaha
Wed Sep 05 02:55:26
If one can not parse the word salad of technicalese you will walk away thinking this is something real that you just do not understand fully. Those things actually exist and it isn’t a sign of retardation if you can’t understand them. Though this one had more alarm bells attached. Googling it seems this company has a crypto currency attached to it as well. Likely your money is going into the crypto currency i.e the garbage can.
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