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What is this the insurance company? They insured some exchanges already and what insured amount they covered? Why you are not working with PAL Network? They making insurance for crypto product and this is looks like a good project with strong CEO Here is the response from the team: 1. The insurance company is Callaghan Insurance. 2. As to the insured amount, we currently do not disclose the numbers due to security concerns. It is considered as highly confidential. We shall be releasing more details as and when needed. However, be rest assured that both the hot and cold wallets of GBX are fully covered. 3. We have been consistently working with industry-leading firms, and we are keeping our options open for discussions. |
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What is this the insurance company? They insured some exchanges already and what insured amount they covered? Why you are not working with PAL Network? They making insurance for crypto product and this is looks like a good project with strong CEO Good questions and I'll make sure to ask the team about that to get answered. Thanks for the support! |
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So RKT tokens dont have liquidity more? And only STACS will be used? Or you have now 2 types of tokens and both will be used? Can you explaine a bit?
Correct, the RKT will essentially be useless and the swap is 1:1 to STACS for those who hold RKT. Ok, so RKT tokens not trading anymore? As I see they are still trading at GBX exchange... And what liquidity STACS tokens will have? They must charge fees for listing in their native tokens like this making other exchanges  Correct the RKT will soon cease for trading. Given that the swap is 1:1 the liquidity will be there for STACS and the GBX team are working with Liquid and IDEX in regards to this. But I dont see liquidity for tokens right now. Why GBX exchange dont listing new popular token? Who want to trade by ETH and BTC on new exchange? They must list new popular tokens for getting new users. And after getting some solid traders base they must charge listing fees in STACKS tokens and burn part of them at last. The GBX team are well aware about liquidity and are working on that. Hence why they have added BCH and BSV and are also including tokens from the Grid sales as well. GBX are taking the strides and effort to add more liquidity and variety in trading. |
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I hope this news can make the XYO keepers feel more secure because the market is in a very difficult period and only a few small decisions can make the value of XYO drop fast . I believe in what the project is doing and will continue to support the project's development team to help this project grow. The team truly appreciates your support during this time in the market. The team and the vision of XYO is extremely strong and definitely will succeed in fulfilling that vision.  Stay tuned! |
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I am beginning to wonder about this project and hope its not another Pump and dump scam, hopefully a dev can clear this up:
1. The summit was November 8th (20) Days ago, no XYO tokens have been sent to the E20 Address as promised within (2) Weeks
Along with this the team promoted PORTIS, now abandoned this and went to a google chrome extension, Why?
2. The coin that you get for investing in the project, its a Minted coin, decided after other discussions on discord to have it appraised, $1.50 USD, this is why there were able to mass produce them, at the summit they were selling the coin for $75.00 a coin
3. The technology is smart contract based with the sentinels and a main node, from a tech stand point this is nothing more then a raspberry PI and some tiles you find on amazon, you would think a 20million dollar company would 70 employee's would have a main hardware vendor they would partner with. Oh forgot to mention they were selling this for $400.00 at the summit, price on newegg $50 with RPI and 3 tiles.
4. There was a ton of cash spent on celeb's and the venue/party at PARQ night club, all a part of hype??? Aka Ed Helms, and Dennis Rodman.
Last and most important is most of the employee's are very young and have not worked at XYO for more then a year, most of them just a few months, I am not sure how this project is going to go to the moon when it relies on putting these tracking devices (sentinels) into the hands of everyone. As an investor I am glad I only spent minimal amount, I hope that they come through with their token promise and actually send the coins to boost confidence and show us why XYO is the NEXT BEST THING.
1. This is incorrect, the spatial bonus tokens have been sent out and can be verified by looking at XYO's contract address on etherscan: https://etherscan.io/token/0x55296f69f40ea6d20e478533c15a6b08b654e758 the 1,000,000 token movements are proof and distribution started on the 20th. The team hasn't abandoned PORTIS and are in close communication with them in regards to Save Rasheed. The technology behind XYO is much more than just the hardware aspect. The software that helps push xyo onward is just as critical along with blockchain technology. XYO has also stated that anyone can build their own sentinels, bridges, diviners, etc as this is open technology. You don't have to buy the mining kit in order to participate, in fact there are community members that are building their own sentinels, bridges, archivists, and diviners. So once again, the mining kit is optional for those who simply want to plug and play, you can build your own. What's wrong with a bit of hype of promotion? XYO is most certainly not the first and definitely will not be the last to do this. Nothing wrong with creating excitement for a product utilizing celebrities and parties, every tech company does it, nothing wrong with that. I definitely understand your concerns, but, to say that this is a pump and dump type of project is just not accurate, especially given the current state of the market. Yes the team is young, but, so is blockchain technology, we're still in the baby stages of this and XYO is looking to improve on a technology utilizing fresh and young minds with a fresh and young technology. Please stay around, they're just getting started  |
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XYO, Binance, looks good with the above graphics.
By the way, I would like to know about the real partnership between XYO and Binance.
Which kinds of deal have been made and reached?
Hello, XYO team has applied to be listed. It is in progress. More details to come. Please join the ann channel for the latest updates: https://t.me/xyonetworkannouncementsBinance usually don't let you to announce something about it before they approve listing of the token. So, why is the team disclosing the negotiations with Binance? The team is all about transparency in regards to actions taken by them. This is just an extension of that. |
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So RKT tokens dont have liquidity more? And only STACS will be used? Or you have now 2 types of tokens and both will be used? Can you explaine a bit?
Correct, the RKT will essentially be useless and the swap is 1:1 to STACS for those who hold RKT. Ok, so RKT tokens not trading anymore? As I see they are still trading at GBX exchange... And what liquidity STACS tokens will have? They must charge fees for listing in their native tokens like this making other exchanges Correct the RKT will soon cease for trading. Given that the swap is 1:1 the liquidity will be there for STACS and the GBX team are working with Liquid and IDEX in regards to this. |
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Hello dev, There is no announcement about token sale until now? how long we must wait for token sale announcement?
Hi, please check out the latest video newsletter to get more information about that: https://vimeo.com/301821093/1db9846592 |
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So RKT tokens dont have liquidity more? And only STACS will be used? Or you have now 2 types of tokens and both will be used? Can you explaine a bit?
Correct, the RKT will essentially be useless and the swap is 1:1 to STACS for those who hold RKT. |
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Hello! ICO already ended? Or is it still going on. Tell me, how much money was raised and on which exchanges did you add or plan to add a token?
Hello! The ICO has already ended, however, the team are now doing a secondary sale called the GAMMA sale which you can acquire by following the guide here: https://app.xyo.network/gammaOverall over 17,000 ETH has been collected between public and private sales, and over 2,000 ETH has been raised in the GAMMA sale. Right now the XYO token is currently on decentralized exchanges, but, the team will begin making pushes towards big exchanges. |
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I wouldn't do this in my clothes and give this data. A lot of people can get this data. why should I risk my daily routine getting exposed? for a few tokens? I don't think so
That is a-too-much-thinking-idea
That's totally understandable, but, if allows those who are ok with sharing that information and getting paid for it, it gives those people another way to get benefits or make extra money. Along with that, the tile itself is technology that can help with adaptable clothing for weather changes as well. |
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Will the Loomia app integrate at some point functionality that will allow $Tile tokens to be deposited and withdrawn or transferred? (I.e. send them to Bancor or other wallet address) besides using them to redeem rewards.
That is apart of the vision for the Loomia platform |
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Another great news that should be front page averywhere yet I don't see it anywhere!!! Someone shared the Loomia app link from Google Play Store with me: https://play.google.com/store/apps/details?id=com.loomia.tileLoomia app is out of you didn't know it!!! Unfortunately it is NOT available in my country (that is what the PlayStore says when I open the link)... I am.in Canada.... why is it not available here? Hi Marco, we have brought this to the attention of the team and will get back with you on a response as soon as we can. |
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I believe that more exchanges are needed and the team should take this into consideration or express their thoughts to the community for whatever reason new listings do not occur, this coin is worthy of the top exchanges
The team definitely understands this and have acknowledged this concern from supporters/investors/community members. They are working on a plan to resolve this issue and to have more liquidity as well. |
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Hello nice project sir, will definitely will join this business, and i believe this idea will go moon
The team greatly appreciates your support |
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Hello Team, can you elaborate on the Physical POS Terminal i read on Ann page? Does it means that there will be POS on mobile as well?
Do you have a bounty program?
Hi, I'm not sure what you mean by POS Terminal as XYO is based on Proof of Location to improve on location accuracy utilizing the idea of Bound Witnesses and multiple devices confirming an object's location for a more accurate reading. For your second question, we do have a bounty, here is the link to the bounty thread: https://bitcointalk.org/index.php?topic=3053801.0 |
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Hi
Wow. I am delighted with your idea. It issomething new. I will keep my eyes on it. It iswell planned.
Thanks for your support! The team greatly appreciates it! |
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What are the basic measures you are going to take for mapping the decentralized data because most of the companies are looking for different types of data, from where you are going to collect the data?
The data is collected by the tile itself that is apart of the clothing. So depending on its application and use case by the manufacturer, it can collect data for how many steps you take, the speed you're moving at, calories burned, to more precise data of location, temperature, type of movement taken. This data is your data, however, and you can choose to sell it to companies through use of data/information exchanges or joining programs by the company of the clothing you purchase from that would relate to data exchange for either tile tokens or other benefits that you could potentially make some money off of. So instead of just being mined for your data, you can make something off of it. |
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Can someone from the team talk about the next steps? Will the launch of the alpha version still be in August?
The team recently made an announcement that the alpha is still on track for August, this is the reason why the Tile tokens haven't been distributed just yet. They want to ensure the alpha is ready so the tokens can be used as well. We definitely recommend you join Loomia's telegram group so you can stay in the loop: https://t.me/LOOMIA and the announcements channel: https://t.me/LOOMIA_OFFICIAL_ANN |
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