What is COIN?

Introduction

In the XYO ecosystem, not all data comes from on-chain transactions or complex node operations. One of the most accessible ways to contribute is by becoming an off-chain data producer. This role is open to anyone with a smartphone, thanks to the COIN App.

What Is the COIN App?

COIN is a free mobile app designed to allow users to contribute real-world data to XYO. When users explore the world, move around, or interact with the app, they help XYO validate information.

It works by capturing two types of data — passive and active.

  • Passive Data comes automatically from the sensors in your device — including movement, location, altitude, and environmental signals. This kind of data is generated simply by carrying your phone as you go about your day. Because it’s abundant and relatively low-effort to produce, passive data typically earns lower rewards.

  • Active Data is created through direct human input. This includes actions like answering survey questions, taking and uploading photos, interacting with educational content, or verifying something in your physical surroundings. Because active data requires intention, time, and effort, it tends to be more unique and higher in value. Each submission reflects an individual’s decision to contribute meaningfully, which makes it well-suited for training models, confirming real-world events, and supplying valuable human context to decentralized applications.

How Do Users Earn?

As users contribute both active and passive data, they earn $COIN, an in-app currency. $COIN can be accumulated through regular participation and then redeemed for a wide variety of real-world and digital rewards. These include:

  • $XYO Tokens

  • Other popular cryptocurrencies

  • Physical goods

  • And more, depending on region and availability

Earning $COIN turns everyday activity into a gamified and rewarding experience. The more you engage, the more you collect.

Getting Started

  1. Download the COIN App for iOS or Android

  2. Create a free account and give the app permission to gather passive signals

  3. Start moving, answering questions, and exploring your environment

  4. Track your contributions and rewards in real time!

How It Works

Once installed, you can engage with COIN actively or passively depending on your preferences.

  • Movement Tracking: Earn by walking, driving, or traveling. COIN uses your location (with permission) to validate data as you navigate the physical world.

  • Surveys and Questions: Participate in quick, tappable questions that contribute human insight to the data network.

  • Collecting and Scanning: Explore your environment using COIN's tools to scan, claim, or verify locations and actions.

  • Device and Blockchain Use: Users can link devices or dive into blockchain to increase rewards and provide higher-quality data.

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