Many of the most popular cryptocurrencies owe their successes to the companies and foundations powering them. This includes cryptocurrencies like Ethereum, Cardano, EOS, Stellar and many others. The company behind the XY Oracle Network is a company called XY - The Findables Company. The core business of XY centers on IoT, location-hardware products and decentralized location networks.
By combining IoT and location-beacon technology with blockchain, XY is developing one of the most exciting blockchain projects to date: the XY Oracle Network ("XYO Network"). By jump-starting the XYO Network with over 1,000,000 of its hardware crypto-location mining beacons powered by Bluetooth and GPS technologies, XY's goal centers on becoming a leader in a new vertical it's pioneering: crypto-location technology. The underlying token incentivizing this ecosystem is "XYO".
Starting in 2016, XY went through the extensive process of Qualifying for the SEC's Reg A+ Equity program. We are now opening up another Reg A+ Equity Offering Round and have been Qualified by the SEC. The purpose of the Reg A+ program centers on enabling everyday investors to participate in emerging technology investments previously only available to large institutions and investment funds.