XYO Layer 1 Blockchain and XL1 Practical Tokens Release

According to Bijie.com, XYO has launched XYO Layer 1, a blockchain for large-capacity real-time data applications, introducing a dual token model, XYO is used for governance, and XL1 is used for network utility. XYO is one of the first and largest DePIN projects with over 10 million nodes worldwide and has now launched XYO Layer 1. The blockchain is designed to support industries that rely on large-scale real-time data such as artificial intelligence, logistics, cloud services and tokenized RWA, providing developers, businesses and daily users with accurate and verifiable data at scale. For example, AI companies can use XYO Layer 1 to access continuous verified data streams for model training, while logistics companies can track goods in real time using verified location and environmental information to improve efficiency and decision-making capabilities. According to a press release shared with crypto.news, XYO decided to launch its own blockchain after more than seven years of hard work in the industry, because existing networks cannot meet the needs of efficient, data-centric applications. "For many years, I have been deeply involved in the blockchain field and have witnessed the shortcomings of existing systems. The community is ready to welcome a system that can handle massive amounts of data and maintain truly decentralization." In addition to the launch of Layer 1, XYO has also launched a dual token system to supplement its original XYO tokens. Launched in 2018, XYO Token is the main token for DePIN rewards, governance, payments, security and staking roles. The new XL1 token will serve as a native token for XYO Layer 1, supporting daily networking features such as Gas fee payment, transaction processing, blockchain operations, priority fees, and node operator rewards. Let's talk about the topic of XYO Layer One that everyone cares most: Rewards. The more you learn, the more you prepare ➡ https://t.co/zro2eUsmi9 pic.twitter.com/uSvYKAZAj6 XL1 is obtained through staking XYO, which locks XYO’s original tokens into the XYO Layer 1 ecosystem. The staking and reward system is expected to lock most of XYO's circulation in the long term, ensuring the continued security, stability of the network, and incentives for ecosystem participants. XYO will first migrate its own products to the new Layer 1, and then join the main partners as well.