The article explores XL1, the utility token of XYO Layer One, designed to bring verified information on-chain. It details XL1's significance in blockchain data verification, enabling decentralized applications and real-world asset representation, solving trust issues with data verification and scalability. The report covers its origins, architecture, market performance, and applications in AI, logistics, and location-based services. With an emphasis on security and incentives, it provides insights into the token's role and future potential. Keywords include XL1, XYO Layer One, data blockchain, market performance, smart contracts, and decentralized applications.