Golden Finance reported that Markus Levin, co-founder of XYO Network, stated that XYO Network has introduced over 10 million nodes in its Decentralization Physical Infrastructure Network (DePIN).
These nodes are mainly composed of human users who provide data through the network’s mobile application COIN in exchange for rewards. “The vast majority of our 10 million nodes are mobile users, but there are also some IoT devices like smart speakers.” He added that about 80% of XYO’s users are non-cryptocurrency native users who are participating in Web3 for the first time.
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