# Global Stats, Core Details, & Case Studies ### Global Stats Millions of people are already creating verified data as XYO Nodes. * 10M+ Node Installs * 5B+ XYO Tokens Rewarded * 150+ Countries ### XYO at a Glance * Founded in 2018, XYO is **the first DePIN ever to come online**, launching well before the term “DePIN” was widely adopted. * The original [XYO White Paper](https://docs.xyo.network/XYO-White-Paper.pdf) was released in May 2018, outlining the project’s vision for a decentralized network of devices that validate real-world data. * XYO is headquartered in the United States, and the technology is developed and maintained by [XY Labs Inc.](https://xylabs.com/), a U.S.-based company. * XY Labs is regulated under U.S. securities law and was the first crypto company qualified by the U.S. Securities and Exchange Commission (SEC) for a Regulation A+ offering, **reporting semi-annually** to the SEC. * XYO Token is a deflationary ERC-20 token on the Ethereum blockchain with a fixed total supply, originally designed to incentivize and secure the XYO Network. * In 2025, XYO introduced a [dual-token model](broken://pages/JNDVaiqoNw9Vkhxs7ahw), adding [XL1](broken://pages/YJNm2OlCVQzkfFq5G9fY), a utility token for gas fees and rewards on XYO Layer One, while XYO remains the governance and staking token. * XYO’s technology stack includes [Proof of Location](broken://pages/uRTWloynohvAQUOsjPc3), [Bound Witnesses](broken://pages/ZqlVsvoRlxTIq1Gpys9b), [Proof of Origin](broken://pages/boECXuOjKlc2v5InCBCO), and other mechanisms for real-world data validation and decentralized infrastructure. * XYO is listed on [major global exchanges](https://xyo.network/token/exchange), including [Coinbase](https://www.coinbase.com/price/xyo), [Uniswap](https://app.uniswap.org/swap?chain=mainnet), [HTX](https://www.htx.com/trade/xyo_usdt), [Bitvavo](https://account.bitvavo.com/markets/XYO-EUR), and more. * The token can also be earned through participation in the network as a mobile node using the [COIN app](broken://pages/b1YU31LEYdcTbVpPkN3I), which has millions of users worldwide. ### COIN Mobile App Case Studies Since its launch in 2019, the COIN app has been used by millions of people around the world. Along the way, we’ve conducted [multiple case studies](#case-studies) exploring how COIN and the XYO Token have impacted users’ everyday lives—both in significant milestones and small, meaningful moments. From helping someone put a down payment on a home to covering groceries without stress, COIN has enabled real financial progress. In fact, more than **95% of all redemptions in COIN are for the XYO Token**, making it one of the most accessible entry points into the world of cryptocurrency. Users don’t even need a dedicated crypto wallet—COIN supports direct redemptions to Coinbase accounts, making it easy to get started. In our [first study](broken://pages/pqJhBMtoF1tXxzitZIct) conducted in 2021, we discovered that one user had earned enough with COIN to completely pay off a 30-year mortgage. After using the app for two years and redeeming COIN for XYO, a rise in token value increased their portfolio to **$70,108.74 USD**. A [subsequent study](broken://pages/nDIHUfSnfB8F1Fb7kAA4) that year analyzed the activity of 500 users across over 100 countries. Collectively, their redeemed XYO Tokens had grown in value by **$13,759,454.18 USD**. In [our most recent study](broken://pages/MiDazG63iGYNN3uWnDvN) from late 2024, we focused on more personal user stories. One user used COIN earnings to secure stable housing with a home down payment, while another relied on their redeemed XYO to pay rent during a financial crisis. To this day, COIN remains one of the **easiest and lowest-risk ways to get started with cryptocurrency**. It offers a gradual, hands-on way to explore blockchain and XYO, with real-world impact that users can feel day to day. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.xyo.network/about-xyo/global-stats-core-details-and-case-studies.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.