If this is your first time hearing about XYO, then you might be asking yourself “Why Should I Start Mining XYO (Coin) through the Coin App Today”. I began using the Coin app in early to mid-2019. I remember it being advertised as a Pokemon Go for adults. I was soon walking and driving around everywhere mining and collecting Coin (which you later trade for XYO).
Possible Use Cases for XYO (Coin)
One of the use cases the XYO website sold me to was something along the lines that they were a company that aims at, developing as a crypto-location oracle network that aims to provide blockchain verified location data from phones to cars. This means users mining through the app sends their valuable geospatial location which may be used to verify real-world tangible items. In the words of the company, “Blockchain technology allows data to be permanent and chained, which ensures high-mobility assets, and error-prone processes are tracked, monitored, and reliable. Teams in industry that think of utilizing these resources for location data is a benefit for consumers as well, which we feel is a public good.”
How High Can XYO Go?
When I first got the app in 2019, I eventually paid for a 30-day trial. I mined every day for about 2-3 hours a day and eventually ended up with 120,000 XYO coins. At the time, I had made a little bit more back than I originally paid for the subscription (35$). I canceled the subscription because of F.U.D. (Fear Uncertainty Doubt). This is something I wished I had never done! Fast-forward to around late May, early June of 2021. I checked back in after over a year of uninstalling the app and I find my 35$ had turned into about 1000$. I was a bit aggravated I had not kept my plan, if so I may have easily been looking at $20,000 – $30,000 I missed out on. Don’t be like me, friend! Since I turned off my subscription plan, I missed out on huge money opportunities. I am happy to announce that I have signed back up for their subscription plan and am mining as I write this! Let me explain why (besides the missed money prospect).
Coin (XYO) Updates and Changes, XYO News, XYO Price Prediction
Huge updates I am seeing in the app are what is pushing the price higher than ever. Here are some main points that will continue to make the price soar.
- Huge companies like “Walmart” and “CVS” are advertising on XYO and giving away free XYO (Coins) for simply scanning items they are selling.
- XYO (Coin) Surveys are now active and are paying out handsomely. (This is something I see changing soon, as the price continues to soar, the amount of Coin given will go down)
- Staking and Owning locations can reward nicely throughout the week if planned out correctly.
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