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I'm Ashton Addison from the Crypto Coin Show and today
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on Blockchain Interviews, who have backed with us. Marcus Levin,
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co founder of Xyo, here to talk about the deep
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pin industry, decentralized physical infrastructure networks, the launch of the
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XYO Layer one network and the dual token model XYO
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and XL one, and the three point five trillion dollar
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opportunity ahead of us for tokenization and deepin networks.
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Marcus, welcome back to the show.
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Thanks for having me again. It's great to do that.
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Likewise, as the viewers have probably seen, we've been following
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XYO for seven eight years, one of the leaders in
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deepin networks. The industry is starting to catch up and
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there's a lot of interest. We're seeing the reports that
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this is a multi trillion dollar industry in the making.
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You guys have been around since before the name was
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even coined deepin, and you've been growing dramatically over ten
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million nodes in the network and now with our last
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video a couple of months ago, the launch of the
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x YO Layer one, which I'd love to hear how
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that was going, and a little bit more on the
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network and how you guys are spearheading deep in and
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then we can just dive into the most recent details.
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Yeah, yeah, it's great. Yeah, it was a crazy time.
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You know, we ever launched a project, knows, you know,
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it's like months and years in the making, and then
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the last few months before and just absolutely banana. That's
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why you sleep like two to four hours, because there's
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a person in every time zone. You need to talk
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riz and in never ends, you know, and you know
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you need to negotiate with exchanges. How can we listen?
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You need an opinion from a lawyer to say you
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know that you're talking is.
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Good and all the things you know, like there's really
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six thousand.
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Pieces talken and we made it.
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September sixteen's was a launch day. I mean that we
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launched the x Yo Layer one.
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Blockchain as well as the excell one token, the ships
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our new token. And since then, you think the busyness
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would dive down a little bit. It has, like I
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get a libit mostly, but it's quite stressful because now
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you know there's real work is.
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There right here?
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Yeah yeah, building improvements and next stages for the Layer one,
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which is in Maynet already, and we have a partnership already,
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you know, in the Xcel one token.
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You know we expand that ecaus it's seven minutes odd.
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So it's still a busy.
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Time, definitely.
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And I saw that major partnership with the Korean company
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Piggy Cell, which seemed to be huge. I'd love to
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dive into that later. I would love to start with
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a little bit more painting the picture on deepin and
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why it's so important. I feel like in the last year,
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the machine economy, autonomous vehicles, edge devices connecting collecting more
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local information, whether it's sound, location, a lot more people
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are able to connect into these networks and be rewarded
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for it importantly, which I think is a key piece
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to touch on. Can you just sort of paint the
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picture on how people are realizing that the importance of
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deep in networks and the importance of contributing to them
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and actually earning from it, as opposed to the old
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model where we were the product that whatever we contribute,
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really it's just for our good will and we were
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getting taken advantage of.
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Yeah, and the settler's physical infrastructure networks terms arounds since
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twenty two, but you know, we have the first one
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of those, and we launched our main net in twenty
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eighteen and were one in the data space. So we
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collect we wrote data on in data Motify its our
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blockchain system and then you know Connected respect too and
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webs three systems and we started there is proof of location,
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so making locations poofable and likable. But today we collect
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any data bi temperature or sensibly data offline data, cloud
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data as on and so. And as you know, data
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is one of the prime components for I function. Right
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there's like data, compute and storage and and we are
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basically handling the data site and then but however they
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are big deep in projects of the compute and storage site.
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You know, for example, there's Etherier. You know, it's a
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deep in project.
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They have allow you to use your computer to train
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AI modes for example. And then you know, and then
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there is storage uh storage.
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System as well.
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And so deepending allows you to use extra underutilized infrastructure.
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You know, where you might use the data center maybe
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only fully percenters in your time or your computer you're
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only used for work but not for anything else. And
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then to use that extra time to earn a return
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on your assets. And that's really exciting, I think for
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people expecially you know, which have their day to day jobs,
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you know, and and on on salaries depending on on
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the employer. Right, then you lift paycheck to paycheck a
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little bit, and then suddenly you know you have a
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way to earn a return on an asset, right, which
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then generates more assets because you earn tokens often from
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these depends, and this token can.
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Appreciate in value, you know.
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And then the x YOS case, for example, published a
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case study our top five hundred users.
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They made like fourteen million dollars together.
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And there are people you know who went on it.
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Someone went on a delayed honeymoons on paid off their mortgage,
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and somebody new car and so on.
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I met someone in Australia. It was really cool.
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I was at a conference talking there and someone waited
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until I came off the stage, hugged me and invited
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me for lunch. It was like a retired truck drive
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and he was able to retire, you know, because he
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was with us since twenty nineteen and hashed out someone
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at the right time and was even able to invest
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on the thousand dollars into his friend's business.
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And so.
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Deepend just can transform lives and worlds. You know, for
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the people you know, to use things anyways own like
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to earn money or maybe sometimes you need to buy some.
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Devices, you know, to earn some money.
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But also then on the other side, that's the producer side.
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But on the demand side, you know, you have underserved regions.
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You know if for.
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Example, a village in Africa, right, you might have no
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electricity there and because of that, you have no water
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pump and because of that you have no light off
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the darks and no productivity, and you're not connected to
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the internet and whatever.
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Right, and it was deep in for example.
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You can just build a deep in solar network with
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solarselfs and butteries have a micro grid and there's a
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real investment and and you and returns on it. But
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also suddenly you can buy the starting terminal and connect
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that wethers to the global economy and oh there's a
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double network.
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That's pretty cool. Uh.
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The goal is to bring your wife into every village
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in India through deep in. And it's really cool, right
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because it it.
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You and I have have other lucky ones, right, we crypto.
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Nerdes today, right, and you know we are have some
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success Let's say compared to the others, and and and
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but there's a lot of underutilized potential I think in
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the world. You know, because if you are the snow
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daughter of a farmer, for example, right, and you don't
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have internet, you don't have electricity, right, it's difficult to
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come to your max potential. But if you see you
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know how the board works, and you have access to
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information and then adds on you know, you have massed
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potential and the productivity of the world. I think it
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will be really pushed on this defense.
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Potential definitely, Marcus.
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And that's some really cool stories there of like actually,
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you know when this technology is created and then people
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come up to you and they're like, thank you, You've
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changed my life, especially in underserved countries.
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I feel like AI. You know you mentioned AI there
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as well.
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That is one part that's really allowing everyone access to
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information that they can use. But now deepen networks in
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the same way, if you have a computer or a
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phone that's not being used overnight as well, how can
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you use that to create value while you're awaken while
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you sleep? And in any country in the world, if
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you're in a first world country or if you're in
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an emerging developing country and the opportunities are sort of equal,
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is like equaling the barrier to play.
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So that's really cool. And you know you mentioned about.
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This truck driver earning hundreds of thousands, which is very cool.
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I would love to hear more stories like that. I
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feel like that's a great example of how blockchain technology
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is helping everyday people. And I believe that's through the
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coin app that xyo is the app that's been around
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for a few years. Now. Can you talk about the
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launch of the Layer one now, as you mentioned it
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was in September, the importance of actually having that layer
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one blockchain main net launched and why that's needed for
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the next steps of growth in deep in and for
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x Yo.
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Yeahs now, we have a data company in the blockchain space,
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and so we handled data you know since twenty eighteen,
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and since then we are waiting for someone to build
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a data focus the Layer one or layer to blockchain.
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Nobody did you know it's like transactions I have cheaper
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if you look compared bitco into ethereum, right, it's might
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multiplier magnitude cheaper and to Solana to ethereum, you know,
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so much cheaper, and it's on. But it's it's that's
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for sending value of tokens from one blockchain to the other.
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If you still in the most hyper performed block chains
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like Solana and others, if you try to save an
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image there, for example, it's like extremely expensive, right, and
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it's it's non performed. And the blockchain itself grows and
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grows with every with every block right because you know,
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you have the whole transaction history of the entire blockchain
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in that blockchain, and and it grows, and so it's
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not made for data. However, our world moves to data,
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and so we saw in the last years the big
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success stories in blockchain were defult and is defied today.
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So a lot of money has made there, a lot
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of value is created, and you know, audible, a wails
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and a lot of things are gonna run run on defile.
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However, in some other categories it's sometimes difficult to see,
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you know.
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What was achieved, and that is because there's a lack
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of infrastructure, and especially in the data case, I think
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it's because there's no data layer one, and so we
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try to avoid to build one over the last seven
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almost eight years, but.
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Nobody else did.
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So we said Okay, we have all these pieces were
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built for x y O and and we're just going
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to build this data Layer one and that's what we did.
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It's a completely new blockchain. It's not for from from
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anything else, and.
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We launched it mid September, and it's for not only
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for data storage and things like that and compute, but
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also it's for data analysis and like hyper performance around data,
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immutability around data and adds on and be connected so
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deep in network as well. So for example, you can
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have a point where you have like proof application for example,
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and then use your sales that proof on the blockchain
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and can use that for something else to turn in AI.
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Fors and AND's on.
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And so now we build this open data blockchain basically,
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and other projects we'll be able to connect into it
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to build their data heavy applications.
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Yeah. Yeah, I'm excited to see that more partnerships. I
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know there's more being announced in the works that you
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can't talk about yet. You mentioned there about DeFi and
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now with the Layer one chain, you should be able
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to do staking or interacting the token inside of the
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blockchain directly if it's on its own chain. From what
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I understand, there is a dual ton. Now I know
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the XL one is the new governance token on the
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chain as well as x yo which has been around
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for a long time. And I saw that there is
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staking which is a part of DeFi onto the chain.
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Can you talk about the staking mechanism and does that
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provide value for the chain and for the users?
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Yes, Sticking is a little bit like deep in right,
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so you take an asset to earn a return there and.
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So we you can you're right. You have to do
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a token system. You know, the x y o token
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is for the deepn ecosystem.
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The rewards there, contributive rewards, it's governance, security, stacking.
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And so on.
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And then the xcel one token is for gas and
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the action STAPs and so on, and we are you're
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able to to stake the x y o token in
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the x y O layer one network to.
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Then earn XL one and the excel one gets burned
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with every.
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Transaction on the layer one and so you have a
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system where the x ray o token gets tied up
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through staking and you produce the circulating supply and secure the.
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Networks are in there, and then the excel one token.
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You know, gets burned through usage and and so it's
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a it's a mutually strengthening system and.
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It's it's really really awesome.
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I think how these uh, these tokens moneys at each
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other basically, and and we have after launch now almost
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three percent of the x ray oh tokens are already
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locked up in staking, and that's off total.
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Supply, and.
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And it's going to be more and more and more
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and more because right now it's very easy to earn
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Excel one rewards in the beginning, you know, like most
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botchating the same four hours have higher emissions curves and
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needs that provide more reward. It's at the beginning of
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the life and then it flattens out, and for us,
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flattens out at zero point seven percent inflation annually. And
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however now it's multiple of that.
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So it's a very good time to stare steak and
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earn some Xcel one tokens for free. And we made
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it super easy.
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You got to explore od on network Ford slash steaking,
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and you connect your metal mask wallet and stake your
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x y L that's all you need to do. And
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that is a noteless staking where you stake into the system.
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So you don't need to set anything up on the computer,
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you don't need to downlo anything at all.
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However, there's going to be a noted staking as well.
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We're going to launch in the next month, you know,
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for the Qualty data and producer notes which are running
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the network right, which is the producer notes are basically
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producing blocks and the Quali data notes bually dating that
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the transaction is legitimate and that there's gonna be a
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little at high rewards for those as well. About foot
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nine a bit, so notic sticking is very lucrative.
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Yeah, well, that's really good to reiterate about. You know,
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the emission schedule and essentially if you are early in staking,
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when there's not a lot staked yet, the ap wise
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are higher and it goes down as everyone's staking, which
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is also better for the network. The more staking, the
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more locked up, the more secure the network is as well.
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And then you know, a lot of people like myself
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have been in crypto a long time, but the note
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and then there's node staking and it can get technical,
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but it's important to have nodes and validators to make
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sure that the network is decentralized and secure as well.
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So I'm going to take a look.
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I saw that there's an extensive docks which talks about
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the x YO Layer one the network and the dual
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token system and how the staking works and stuff, which
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I'm going to link that in the description as well,
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because I think it's i ortant to read up on it.
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You know, there's a lot of technical innovations I saw
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in the docks on how the why the layer one
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is great and maybe you could touch on without getting
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too technical. I saw some things that maybe are harder
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to understand but maybe easy for you since you've been
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working on it for years. About you know, having this
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deepen data getting it onto the chain. It's probably I
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don't know how the size of it compares to images
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or graphics, but I feel like as AI and information
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becomes more valuable, it's going to it's going to be
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a lot of data and you need scalable scalability in
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the chains as well. I saw there's this technology called
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step hashes, there's roll ups and other like scalability technology
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that you know, there's already ten million nodes in the network,
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but I expect eventually, since this is a multi trillion
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dollar opportunity, that there could be one.
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Hundred million or more.
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You know, how is the network that you've been building
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for years now just live for a couple of months.
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How is that set up with those technologies I mentioned
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for scalability of like hundreds of millions?
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Yeah, So so the deep in network, we generate a
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lot of data, right, and that data needs to lift
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some somewhere, so before you know, the the safety data
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in ipfs and other places series right and then put
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some answers onto like Solana or if there or wherever, right,
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And it's just very inefficient. But also it it doesn't
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allow us to have a place of truth. And and
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those blockchains are difficult to run, you know, as as
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mentioned for example, with a lot of bloat in them.
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So they grow over time and as they keep growing,
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it's more difficult to run them.
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You know, even if you want to run the theorem
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of Solana, No, you need very very heavy equipment, you.
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Know to be able to do that.
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And then it's it's and then you need to stake
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on top of that. And so we build our system
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in a way that it's very very easy to stay. First,
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we have the note list staking because we got the
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inspiration from our coin app and our path. We wanted
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to make it as easy and user friendly as as possible,
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so that really anyone can use it. You know, I
347
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think I mentioned to you before that the coin app
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eighty percent of the users are non crypto users, and
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but ninety five.
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Percent of them turn into into cryptly users.
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00:19:36.839 --> 00:19:40.559
And so we wanted to take the same approach here
352
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for staking, where we make it as easy as possible.
353
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For staking, you don't need to down anything right and
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to steak in the network, and so the same is happening.
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So for for staking, when you have the node sends on,
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you know it's going to be very light. It's because
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of the network. The blockchain architecture is very light.
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So if you don't have blowed, that means the notes
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only grow to a certain structure size and then afterwards
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you know, they don't keep growing anymore, or they grow,
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but basically the delete.
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Of the bottom so they don't grow.
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So you can run it on a regular computer very easily,
364
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and maybe in the future can be able to run.
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Them an your phone as well, the notes and so
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with performances like that.
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And then we build you know, all these innovations like
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proof of perfect for example, proof of perfect. The new
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consensus algorithm which allows you to decide together what data
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is perfect. So if you look into the real world,
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for example, sometimes difficult to decide, you know, what's the reality.
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You know, if your I live in the U s right.
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If you listen to the right, you hear different reality
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than for the left. You know, but both sides thinks
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they're right. And the proof of perfect turns it's all
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that you know where you have you try to have
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the best reality basically, and that is for the reality
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but also for chain hads. So when you bring the
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00:21:28.960 --> 00:21:32.960
chain together again to bring gives you the best answer
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00:21:33.640 --> 00:21:37.240
if you use that with this proof of perfect algorithm, and.
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And and that makes U data chain.
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Put to performance what you need like for large AI
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and and and data applications.
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And then there's a twelve other innovations. I don't want
385
00:21:51.799 --> 00:21:52.559
to bother you with them.
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00:21:52.640 --> 00:21:55.920
It's I think best to read the X y O
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00:21:56.839 --> 00:21:59.519
layer one white paper or you know, to go onto
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00:21:59.680 --> 00:22:02.440
our good book. That's sweet them there we have it
389
00:22:02.519 --> 00:22:04.200
one by one. We have I think the blog post
390
00:22:04.240 --> 00:22:09.039
about every single innovation. And it's an easy, easy explanation there.
391
00:22:09.599 --> 00:22:13.119
Yeah, no, you know, it's actually really exciting, and that's
392
00:22:13.160 --> 00:22:15.359
a hard problem to solve, this this proof of perfect
393
00:22:16.119 --> 00:22:19.359
trying to find the perfect reality to live in. You know,
394
00:22:19.519 --> 00:22:22.720
I was watching some recent podcasts on AI and how
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00:22:23.160 --> 00:22:26.440
world leaders, you know, will eventually more and more be
396
00:22:26.599 --> 00:22:29.880
consulting AI as it gets smarter, and then eventually maybe
397
00:22:30.000 --> 00:22:32.200
you know, the AI will be the world leader or
398
00:22:32.279 --> 00:22:35.759
the country leader to start. And I'm curious, and as
399
00:22:36.200 --> 00:22:40.599
AI gets more information, would it also tap into for example,
400
00:22:40.920 --> 00:22:44.119
x YO Layer one network. If you're asking it a
401
00:22:44.240 --> 00:22:46.000
question and you're like, I need to know about this
402
00:22:46.119 --> 00:22:51.039
kind of data location or any kind of information, would
403
00:22:51.079 --> 00:22:54.799
AI be able to tap into the chain and present
404
00:22:54.920 --> 00:22:56.279
that information in a readable way?
405
00:22:57.119 --> 00:23:00.319
Yes? Yeah, yeah, we have to have great concessions there already. Yes.
406
00:23:00.720 --> 00:23:03.599
So it's we can do several things. Like one of
407
00:23:03.680 --> 00:23:08.839
them is like it says I want to know about something, right,
408
00:23:08.880 --> 00:23:12.720
and then it taps into the Layer one season if
409
00:23:12.799 --> 00:23:15.480
the data is already there. If it's not there, right,
410
00:23:15.519 --> 00:23:18.440
then it can go and request through the deep in network,
411
00:23:18.880 --> 00:23:21.279
can they go collect that data? Right? I wanted to
412
00:23:21.480 --> 00:23:24.759
get pictures of the clouds in this place, so let's
413
00:23:24.759 --> 00:23:27.759
say in Africa in this village, okay, And then it
414
00:23:28.519 --> 00:23:30.599
gets pictures of the clouds right from all the people
415
00:23:30.640 --> 00:23:33.359
who are contributing in the area, maybe some pictures of
416
00:23:33.400 --> 00:23:37.039
the ground as well, and then it can create uh
417
00:23:37.359 --> 00:23:39.240
and then use the AI and use and does a
418
00:23:39.920 --> 00:23:43.200
farming advice for example for that area, which is difficult
419
00:23:43.200 --> 00:23:45.160
to come by for those farmers now because that data
420
00:23:45.200 --> 00:23:46.400
doesn't exist and.
421
00:23:48.079 --> 00:23:51.160
And or they the farmers don't work together.
422
00:23:51.319 --> 00:23:54.839
Right, maybe one farmer knows the cloud looks this way
423
00:23:55.119 --> 00:23:57.079
no today, but the guy who lives a hundred miles
424
00:23:57.119 --> 00:23:59.279
of the road, a hundred meters on the road that
425
00:23:59.559 --> 00:24:02.599
has maybe a different reason pattern and whatever.
426
00:24:02.640 --> 00:24:06.759
It's difficult if you don't have the data. And then also.
427
00:24:08.000 --> 00:24:10.119
And then you can take that answer, write it on
428
00:24:10.279 --> 00:24:13.079
the on the blockchain, so you can prove, you know,
429
00:24:13.759 --> 00:24:16.799
that's what the data, what's the advice.
430
00:24:16.599 --> 00:24:17.039
Was based on.
431
00:24:18.039 --> 00:24:20.440
Then the other way around, right, if yeah, I get
432
00:24:20.559 --> 00:24:23.880
the feedback that it's hallucinates, right, then through the deeper
433
00:24:24.000 --> 00:24:28.039
network you can go and find out, you know, what
434
00:24:28.200 --> 00:24:31.240
did you hallucinate about? You know what was the underlying
435
00:24:31.319 --> 00:24:35.960
data which led to the hallucination. And then the collective
436
00:24:36.039 --> 00:24:40.440
verify and new data to provide better details to the
437
00:24:40.480 --> 00:24:44.960
AI and and I think that's.
438
00:24:46.039 --> 00:24:49.920
A big, big, big, big data collection you.
439
00:24:49.960 --> 00:24:54.119
Know, for especially underrepresented area is going to come through
440
00:24:54.200 --> 00:24:55.119
these deeper networks.
441
00:24:56.480 --> 00:24:57.240
It's very cool.
442
00:24:57.759 --> 00:25:01.160
And you know, in terms of more people interacting with
443
00:25:01.880 --> 00:25:05.680
earning from contributing to the deep in networks. I know,
444
00:25:05.799 --> 00:25:07.920
coin app, which I can leave in the description, is
445
00:25:08.440 --> 00:25:12.079
the top application that XYO has been running for many years?
446
00:25:13.160 --> 00:25:16.880
Are there other opportunities of different types of data? Will
447
00:25:16.920 --> 00:25:18.359
that be in the coin app or will there be
448
00:25:18.400 --> 00:25:21.599
other applications? And how else can people contribute just to
449
00:25:21.720 --> 00:25:24.640
start testing it out and then earning and then from there,
450
00:25:24.720 --> 00:25:27.079
you know, you really get incentivized to contribute more.
451
00:25:27.839 --> 00:25:28.000
Yeah.
452
00:25:28.079 --> 00:25:31.480
Yeah, we have differend devices, you know, we have Bluetooth
453
00:25:31.559 --> 00:25:33.839
devices and FC devices and so on.
454
00:25:34.119 --> 00:25:39.039
You can check them out on our website and buy
455
00:25:39.119 --> 00:25:39.880
them there as well.
456
00:25:40.519 --> 00:25:46.160
But also you can collect other data and connect other data,
457
00:25:46.519 --> 00:25:47.559
like you have a partnership.
458
00:25:47.640 --> 00:25:50.200
But is the weather deepend.
459
00:25:50.279 --> 00:25:53.720
Where you know, you can prove that that data really
460
00:25:53.920 --> 00:25:59.200
was generated at this weather station and this specific location
461
00:25:59.359 --> 00:26:02.759
right and wasn't put into you know, my basement, you know,
462
00:26:02.799 --> 00:26:05.640
and there's suddenly ten ten ten was the stations which
463
00:26:05.680 --> 00:26:11.519
spoof data and location and x yo, you're able to
464
00:26:11.640 --> 00:26:15.200
do that, right, so you can connect many sensors to
465
00:26:15.559 --> 00:26:18.200
not only the ones that talked about, but it's specially
466
00:26:18.279 --> 00:26:19.599
the good opportunities are endless.
467
00:26:21.079 --> 00:26:22.599
That's great, you know, I love that.
468
00:26:22.720 --> 00:26:26.559
I think the weather is a perfect example that it's
469
00:26:26.720 --> 00:26:28.720
the way that it is right now is so inaccurate
470
00:26:29.160 --> 00:26:31.160
that you know, you go onto the website and it's
471
00:26:31.319 --> 00:26:33.759
like whatever the weather is at the airport, but I
472
00:26:33.799 --> 00:26:36.519
can live an hour from the airport and it's completely different,
473
00:26:36.839 --> 00:26:39.200
And there's no way right now, you know, we could
474
00:26:39.200 --> 00:26:43.079
easily be contributing this real time information and earning from
475
00:26:43.119 --> 00:26:45.759
it as well. But even just knowing, you know, more
476
00:26:45.799 --> 00:26:50.039
specifically with the with the age of edge devices, mobile
477
00:26:50.039 --> 00:26:53.160
devices and contributing to networks that you know, we're way
478
00:26:53.240 --> 00:26:53.839
behind on that.
479
00:26:55.160 --> 00:26:57.759
You are, right, yeah, yeah, and you said that right
480
00:26:57.880 --> 00:27:02.119
living where you are, you know, and the same for me,
481
00:27:02.240 --> 00:27:02.400
you know.
482
00:27:02.519 --> 00:27:04.400
But now I imagine you're in a place where they
483
00:27:04.440 --> 00:27:07.559
don't have as many weather stations, and you know, like
484
00:27:07.680 --> 00:27:08.160
suddenly the.
485
00:27:08.200 --> 00:27:11.400
Weather comes from a hundred miles away, it tells it's
486
00:27:11.480 --> 00:27:13.519
going to rain tomorrow, and you put the seats on
487
00:27:13.559 --> 00:27:15.240
your field, but it's not raining.
488
00:27:15.319 --> 00:27:17.759
You know, and then the lost of harvests come it
489
00:27:18.039 --> 00:27:22.640
and so you know, it's usually impactful, I think to
490
00:27:22.759 --> 00:27:26.759
be able to collect that data in a more reliable and.
491
00:27:28.400 --> 00:27:32.119
MicroPlace kind of way, definitely, you know, I want to
492
00:27:32.160 --> 00:27:36.240
look forward. We'll probably our next video will probably be
493
00:27:36.319 --> 00:27:39.279
in twenty twenty six. You know, the days are getting
494
00:27:39.319 --> 00:27:41.599
close to the end of the year here, and but
495
00:27:41.960 --> 00:27:45.359
I'm pretty optimistic about blockchain as well as deep in.
496
00:27:46.039 --> 00:27:47.759
You know, they keep saying this is a multi trillion
497
00:27:47.759 --> 00:27:50.559
dollar opportunity, and I feel like the interest has been
498
00:27:50.640 --> 00:27:52.640
exponentially growing over the last twelve months.
499
00:27:53.079 --> 00:27:53.759
You know, what, do you.
500
00:27:54.039 --> 00:27:57.640
Anticipate the workload to be heavy? I'm sure for twenty
501
00:27:57.680 --> 00:28:01.440
twenty six. What else is x why Layer one going
502
00:28:01.480 --> 00:28:04.279
to focus on? And where do you see the opportunities
503
00:28:04.319 --> 00:28:06.880
arising for different and new types of data to start
504
00:28:06.880 --> 00:28:09.640
collecting and more people to interact with deep in next year?
505
00:28:10.559 --> 00:28:13.920
Yeah, So we've put out more more features with x
506
00:28:14.000 --> 00:28:16.519
Y or Layer one, you know, like over the last
507
00:28:16.599 --> 00:28:19.880
months of twenty twenty five, and you know, and then
508
00:28:19.920 --> 00:28:22.119
into twenty twenty six, then.
509
00:28:22.039 --> 00:28:25.079
We're going to onboard you know, our x YO.
510
00:28:25.759 --> 00:28:30.319
Deepen network onto the Layer one and connect it all
511
00:28:30.759 --> 00:28:33.160
and then you know, we're going to have third party
512
00:28:33.880 --> 00:28:37.599
partners integrating into the Layer one. We've for example, we
513
00:28:37.720 --> 00:28:41.799
just announced partnership this company Piggy Sell. You know it's
514
00:28:42.039 --> 00:28:45.039
has a ninety eight percent market chair in Souspreia for
515
00:28:45.160 --> 00:28:50.079
the chartering market, so it's it's a huge deal. We're
516
00:28:50.119 --> 00:28:53.759
going to provide that some deep in capabilities to get
517
00:28:53.839 --> 00:29:00.079
proof of location and some other things, and then they
518
00:29:00.200 --> 00:29:04.119
gone to take their data and bally they put it
519
00:29:04.240 --> 00:29:07.799
onto the Layer one, tokenize it and then that data
520
00:29:07.880 --> 00:29:10.960
can be sold you know to the I companies and
521
00:29:11.319 --> 00:29:12.759
others in that space.
522
00:29:14.480 --> 00:29:17.200
Very cool and yeah, you know South Korea, I know
523
00:29:17.279 --> 00:29:19.480
the Korea Blockchain Week was just there and they are
524
00:29:19.559 --> 00:29:25.519
all about deep in networks, autonomy, machine economy, robots and
525
00:29:25.839 --> 00:29:28.640
blockchain and trading as well. So I think that's a
526
00:29:28.680 --> 00:29:31.480
great Uh, that's a great partnership. I'm looking forward to
527
00:29:31.519 --> 00:29:34.839
seeing how that expands. What's the best way for people
528
00:29:34.880 --> 00:29:40.039
to follow along with the updates for Layer one xy
529
00:29:40.240 --> 00:29:43.680
Layer one and then how else can people test out
530
00:29:43.799 --> 00:29:45.160
contribute to the deep in network.
531
00:29:46.440 --> 00:29:49.519
Yeah, I think if not subscript to your show yet,
532
00:29:49.519 --> 00:29:53.839
probably they should subscribe because we have an eight year partnership.
533
00:29:57.279 --> 00:29:59.359
On your show, so I think it's a good place
534
00:29:59.599 --> 00:30:01.559
to get good in depth updates.
535
00:30:02.559 --> 00:30:06.240
And then of course our ex triter count and official
536
00:30:06.359 --> 00:30:08.799
x y always good place, you know, subscribe there and
537
00:30:08.920 --> 00:30:12.839
follow along, and then on x yo or network.
538
00:30:14.599 --> 00:30:15.920
Right there you can.
539
00:30:16.160 --> 00:30:19.160
Sign up for our new set and we have some
540
00:30:19.319 --> 00:30:22.920
good ideas how you want to partner with us instead
541
00:30:22.920 --> 00:30:26.000
of email to partnerships at x yo door network and
542
00:30:26.839 --> 00:30:28.839
you know, maybe there is a good way for us
543
00:30:28.960 --> 00:30:29.480
to collaborate.
544
00:30:30.319 --> 00:30:34.920
That sounds great, Marcus, And yeah, you're definitely coming back soon.
545
00:30:35.039 --> 00:30:37.279
But you know I always love real time updates as well.
546
00:30:37.359 --> 00:30:40.200
I'm going to link the x in there, the x
547
00:30:40.359 --> 00:30:44.599
yo dot network main sight and the coin app for
548
00:30:44.640 --> 00:30:48.279
people to check out and any other docs and any
549
00:30:48.319 --> 00:30:53.880
other information because people need to understand that deep in is.
550
00:30:54.200 --> 00:30:56.359
Although you guys have been doing it for for many years,
551
00:30:56.720 --> 00:30:58.720
it's right now is the time to be paying attention.
552
00:30:58.880 --> 00:31:03.119
It's really kicking up and now with AI connecting devices
553
00:31:03.319 --> 00:31:07.480
and people and information with blockchain, there's no better time
554
00:31:07.519 --> 00:31:10.000
than right now to start getting involved. And you don't
555
00:31:10.000 --> 00:31:12.960
really need the technical expertise even to stake x Yo.
556
00:31:13.039 --> 00:31:13.559
You don't need to.
557
00:31:13.559 --> 00:31:17.480
Download anything, to get an app and on your phone
558
00:31:17.599 --> 00:31:22.640
and start contributing and earning for local information or location
559
00:31:22.960 --> 00:31:26.000
or any kind of data. It's becoming more easy than ever,
560
00:31:26.559 --> 00:31:28.759
and I'm looking forward to seeing how the x Yo
561
00:31:28.920 --> 00:31:31.799
Layer one continues to grow. Congrats on the most recent
562
00:31:31.839 --> 00:31:34.640
partnership and let's definitely follow up in the near future.
563
00:31:35.480 --> 00:31:36.920
That's great, thank you here, let's do that this
1
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I'm Ashton Addison from the Crypto Coin Show and today
2
00:00:03.200 --> 00:00:05.919
on Blockchain Interviews, who have backed with us. Marcus Levin,
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00:00:06.080 --> 00:00:09.199
co founder of Xyo, here to talk about the deep
4
00:00:09.240 --> 00:00:14.359
pin industry, decentralized physical infrastructure networks, the launch of the
5
00:00:14.519 --> 00:00:18.920
XYO Layer one network and the dual token model XYO
6
00:00:19.079 --> 00:00:22.519
and XL one, and the three point five trillion dollar
7
00:00:22.559 --> 00:00:26.320
opportunity ahead of us for tokenization and deepin networks.
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00:00:26.480 --> 00:00:27.760
Marcus, welcome back to the show.
9
00:00:28.600 --> 00:00:31.000
Thanks for having me again. It's great to do that.
10
00:00:32.159 --> 00:00:36.439
Likewise, as the viewers have probably seen, we've been following
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XYO for seven eight years, one of the leaders in
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00:00:40.719 --> 00:00:45.000
deepin networks. The industry is starting to catch up and
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there's a lot of interest. We're seeing the reports that
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this is a multi trillion dollar industry in the making.
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You guys have been around since before the name was
16
00:00:53.719 --> 00:00:58.719
even coined deepin, and you've been growing dramatically over ten
17
00:00:58.759 --> 00:01:01.679
million nodes in the network and now with our last
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00:01:01.759 --> 00:01:04.079
video a couple of months ago, the launch of the
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00:01:04.239 --> 00:01:07.719
x YO Layer one, which I'd love to hear how
20
00:01:07.719 --> 00:01:10.280
that was going, and a little bit more on the
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00:01:10.319 --> 00:01:14.680
network and how you guys are spearheading deep in and
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then we can just dive into the most recent details.
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00:01:18.239 --> 00:01:21.400
Yeah, yeah, it's great. Yeah, it was a crazy time.
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You know, we ever launched a project, knows, you know,
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it's like months and years in the making, and then
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the last few months before and just absolutely banana. That's
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why you sleep like two to four hours, because there's
28
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a person in every time zone. You need to talk
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riz and in never ends, you know, and you know
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you need to negotiate with exchanges. How can we listen?
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You need an opinion from a lawyer to say you
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know that you're talking is.
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Good and all the things you know, like there's really
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six thousand.
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Pieces talken and we made it.
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September sixteen's was a launch day. I mean that we
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launched the x Yo Layer one.
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Blockchain as well as the excell one token, the ships
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00:02:06.480 --> 00:02:12.240
our new token. And since then, you think the busyness
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would dive down a little bit. It has, like I
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get a libit mostly, but it's quite stressful because now
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you know there's real work is.
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There right here?
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Yeah yeah, building improvements and next stages for the Layer one,
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which is in Maynet already, and we have a partnership already,
46
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you know, in the Xcel one token.
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You know we expand that ecaus it's seven minutes odd.
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So it's still a busy.
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Time, definitely.
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And I saw that major partnership with the Korean company
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Piggy Cell, which seemed to be huge. I'd love to
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dive into that later. I would love to start with
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a little bit more painting the picture on deepin and
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why it's so important. I feel like in the last year,
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the machine economy, autonomous vehicles, edge devices connecting collecting more
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local information, whether it's sound, location, a lot more people
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are able to connect into these networks and be rewarded
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for it importantly, which I think is a key piece
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to touch on. Can you just sort of paint the
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picture on how people are realizing that the importance of
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deep in networks and the importance of contributing to them
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and actually earning from it, as opposed to the old
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model where we were the product that whatever we contribute,
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really it's just for our good will and we were
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getting taken advantage of.
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Yeah, and the settler's physical infrastructure networks terms arounds since
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twenty two, but you know, we have the first one
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of those, and we launched our main net in twenty
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eighteen and were one in the data space. So we
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collect we wrote data on in data Motify its our
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blockchain system and then you know Connected respect too and
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webs three systems and we started there is proof of location,
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so making locations poofable and likable. But today we collect
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any data bi temperature or sensibly data offline data, cloud
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data as on and so. And as you know, data
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is one of the prime components for I function. Right
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there's like data, compute and storage and and we are
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basically handling the data site and then but however they
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are big deep in projects of the compute and storage site.
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You know, for example, there's Etherier. You know, it's a
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deep in project.
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They have allow you to use your computer to train
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AI modes for example. And then you know, and then
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there is storage uh storage.
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System as well.
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And so deepending allows you to use extra underutilized infrastructure.
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You know, where you might use the data center maybe
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only fully percenters in your time or your computer you're
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only used for work but not for anything else. And
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then to use that extra time to earn a return
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on your assets. And that's really exciting, I think for
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people expecially you know, which have their day to day jobs,
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you know, and and on on salaries depending on on
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the employer. Right, then you lift paycheck to paycheck a
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little bit, and then suddenly you know you have a
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way to earn a return on an asset, right, which
97
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then generates more assets because you earn tokens often from
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these depends, and this token can.
99
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Appreciate in value, you know.
100
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And then the x YOS case, for example, published a
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case study our top five hundred users.
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They made like fourteen million dollars together.
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And there are people you know who went on it.
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Someone went on a delayed honeymoons on paid off their mortgage,
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and somebody new car and so on.
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I met someone in Australia. It was really cool.
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I was at a conference talking there and someone waited
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until I came off the stage, hugged me and invited
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me for lunch. It was like a retired truck drive
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and he was able to retire, you know, because he
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was with us since twenty nineteen and hashed out someone
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at the right time and was even able to invest
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on the thousand dollars into his friend's business.
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And so.
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Deepend just can transform lives and worlds. You know, for
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the people you know, to use things anyways own like
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to earn money or maybe sometimes you need to buy some.
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Devices, you know, to earn some money.
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But also then on the other side, that's the producer side.
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But on the demand side, you know, you have underserved regions.
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You know if for.
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Example, a village in Africa, right, you might have no
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electricity there and because of that, you have no water
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pump and because of that you have no light off
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the darks and no productivity, and you're not connected to
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the internet and whatever.
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Right, and it was deep in for example.
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You can just build a deep in solar network with
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solarselfs and butteries have a micro grid and there's a
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real investment and and you and returns on it. But
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also suddenly you can buy the starting terminal and connect
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that wethers to the global economy and oh there's a
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double network.
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That's pretty cool. Uh.
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The goal is to bring your wife into every village
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in India through deep in. And it's really cool, right
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because it it.
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You and I have have other lucky ones, right, we crypto.
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Nerdes today, right, and you know we are have some
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success Let's say compared to the others, and and and
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but there's a lot of underutilized potential I think in
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the world. You know, because if you are the snow
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daughter of a farmer, for example, right, and you don't
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have internet, you don't have electricity, right, it's difficult to
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come to your max potential. But if you see you
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know how the board works, and you have access to
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information and then adds on you know, you have massed
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potential and the productivity of the world. I think it
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will be really pushed on this defense.
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Potential definitely, Marcus.
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And that's some really cool stories there of like actually,
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you know when this technology is created and then people
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come up to you and they're like, thank you, You've
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changed my life, especially in underserved countries.
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I feel like AI. You know you mentioned AI there
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as well.
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That is one part that's really allowing everyone access to
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information that they can use. But now deepen networks in
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the same way, if you have a computer or a
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phone that's not being used overnight as well, how can
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you use that to create value while you're awaken while
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you sleep? And in any country in the world, if
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you're in a first world country or if you're in
164
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an emerging developing country and the opportunities are sort of equal,
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is like equaling the barrier to play.
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So that's really cool. And you know you mentioned about.
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This truck driver earning hundreds of thousands, which is very cool.
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I would love to hear more stories like that. I
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feel like that's a great example of how blockchain technology
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is helping everyday people. And I believe that's through the
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coin app that xyo is the app that's been around
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for a few years. Now. Can you talk about the
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launch of the Layer one now, as you mentioned it
174
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was in September, the importance of actually having that layer
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one blockchain main net launched and why that's needed for
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the next steps of growth in deep in and for
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x Yo.
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Yeahs now, we have a data company in the blockchain space,
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and so we handled data you know since twenty eighteen,
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and since then we are waiting for someone to build
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a data focus the Layer one or layer to blockchain.
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Nobody did you know it's like transactions I have cheaper
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if you look compared bitco into ethereum, right, it's might
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multiplier magnitude cheaper and to Solana to ethereum, you know,
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so much cheaper, and it's on. But it's it's that's
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for sending value of tokens from one blockchain to the other.
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If you still in the most hyper performed block chains
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like Solana and others, if you try to save an
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image there, for example, it's like extremely expensive, right, and
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it's it's non performed. And the blockchain itself grows and
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grows with every with every block right because you know,
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you have the whole transaction history of the entire blockchain
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in that blockchain, and and it grows, and so it's
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not made for data. However, our world moves to data,
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and so we saw in the last years the big
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success stories in blockchain were defult and is defied today.
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So a lot of money has made there, a lot
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of value is created, and you know, audible, a wails
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and a lot of things are gonna run run on defile.
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However, in some other categories it's sometimes difficult to see,
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you know.
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What was achieved, and that is because there's a lack
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of infrastructure, and especially in the data case, I think
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it's because there's no data layer one, and so we
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try to avoid to build one over the last seven
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almost eight years, but.
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Nobody else did.
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So we said Okay, we have all these pieces were
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built for x y O and and we're just going
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to build this data Layer one and that's what we did.
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It's a completely new blockchain. It's not for from from
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anything else, and.
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We launched it mid September, and it's for not only
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for data storage and things like that and compute, but
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also it's for data analysis and like hyper performance around data,
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immutability around data and adds on and be connected so
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deep in network as well. So for example, you can
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have a point where you have like proof application for example,
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and then use your sales that proof on the blockchain
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and can use that for something else to turn in AI.
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Fors and AND's on.
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And so now we build this open data blockchain basically,
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and other projects we'll be able to connect into it
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to build their data heavy applications.
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Yeah. Yeah, I'm excited to see that more partnerships. I
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know there's more being announced in the works that you
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can't talk about yet. You mentioned there about DeFi and
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now with the Layer one chain, you should be able
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to do staking or interacting the token inside of the
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blockchain directly if it's on its own chain. From what
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I understand, there is a dual ton. Now I know
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the XL one is the new governance token on the
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chain as well as x yo which has been around
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for a long time. And I saw that there is
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staking which is a part of DeFi onto the chain.
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Can you talk about the staking mechanism and does that
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provide value for the chain and for the users?
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Yes, Sticking is a little bit like deep in right,
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so you take an asset to earn a return there and.
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So we you can you're right. You have to do
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a token system. You know, the x y o token
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is for the deepn ecosystem.
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The rewards there, contributive rewards, it's governance, security, stacking.
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And so on.
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And then the xcel one token is for gas and
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the action STAPs and so on, and we are you're
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able to to stake the x y o token in
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the x y O layer one network to.
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Then earn XL one and the excel one gets burned
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with every.
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Transaction on the layer one and so you have a
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system where the x ray o token gets tied up
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through staking and you produce the circulating supply and secure the.
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Networks are in there, and then the excel one token.
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You know, gets burned through usage and and so it's
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a it's a mutually strengthening system and.
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It's it's really really awesome.
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I think how these uh, these tokens moneys at each
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other basically, and and we have after launch now almost
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three percent of the x ray oh tokens are already
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locked up in staking, and that's off total.
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Supply, and.
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And it's going to be more and more and more
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and more because right now it's very easy to earn
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Excel one rewards in the beginning, you know, like most
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botchating the same four hours have higher emissions curves and
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needs that provide more reward. It's at the beginning of
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the life and then it flattens out, and for us,
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flattens out at zero point seven percent inflation annually. And
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however now it's multiple of that.
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So it's a very good time to stare steak and
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earn some Xcel one tokens for free. And we made
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it super easy.
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You got to explore od on network Ford slash steaking,
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and you connect your metal mask wallet and stake your
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x y L that's all you need to do. And
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that is a noteless staking where you stake into the system.
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So you don't need to set anything up on the computer,
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you don't need to downlo anything at all.
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However, there's going to be a noted staking as well.
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We're going to launch in the next month, you know,
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for the Qualty data and producer notes which are running
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the network right, which is the producer notes are basically
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producing blocks and the Quali data notes bually dating that
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the transaction is legitimate and that there's gonna be a
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little at high rewards for those as well. About foot
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nine a bit, so notic sticking is very lucrative.
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Yeah, well, that's really good to reiterate about. You know,
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the emission schedule and essentially if you are early in staking,
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when there's not a lot staked yet, the ap wise
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are higher and it goes down as everyone's staking, which
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is also better for the network. The more staking, the
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more locked up, the more secure the network is as well.
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And then you know, a lot of people like myself
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have been in crypto a long time, but the note
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and then there's node staking and it can get technical,
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but it's important to have nodes and validators to make
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sure that the network is decentralized and secure as well.
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So I'm going to take a look.
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I saw that there's an extensive docks which talks about
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the x YO Layer one the network and the dual
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token system and how the staking works and stuff, which
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I'm going to link that in the description as well,
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because I think it's i ortant to read up on it.
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You know, there's a lot of technical innovations I saw
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in the docks on how the why the layer one
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is great and maybe you could touch on without getting
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too technical. I saw some things that maybe are harder
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to understand but maybe easy for you since you've been
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working on it for years. About you know, having this
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deepen data getting it onto the chain. It's probably I
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don't know how the size of it compares to images
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or graphics, but I feel like as AI and information
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becomes more valuable, it's going to it's going to be
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a lot of data and you need scalable scalability in
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the chains as well. I saw there's this technology called
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step hashes, there's roll ups and other like scalability technology
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that you know, there's already ten million nodes in the network,
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but I expect eventually, since this is a multi trillion
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dollar opportunity, that there could be one.
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Hundred million or more.
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You know, how is the network that you've been building
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for years now just live for a couple of months.
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How is that set up with those technologies I mentioned
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for scalability of like hundreds of millions?
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Yeah, So so the deep in network, we generate a
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lot of data, right, and that data needs to lift
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some somewhere, so before you know, the the safety data
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in ipfs and other places series right and then put
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some answers onto like Solana or if there or wherever, right,
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And it's just very inefficient. But also it it doesn't
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allow us to have a place of truth. And and
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those blockchains are difficult to run, you know, as as
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mentioned for example, with a lot of bloat in them.
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So they grow over time and as they keep growing,
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it's more difficult to run them.
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You know, even if you want to run the theorem
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of Solana, No, you need very very heavy equipment, you.
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Know to be able to do that.
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And then it's it's and then you need to stake
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on top of that. And so we build our system
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in a way that it's very very easy to stay. First,
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we have the note list staking because we got the
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inspiration from our coin app and our path. We wanted
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to make it as easy and user friendly as as possible,
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so that really anyone can use it. You know, I
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think I mentioned to you before that the coin app
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eighty percent of the users are non crypto users, and
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but ninety five.
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Percent of them turn into into cryptly users.
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And so we wanted to take the same approach here
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for staking, where we make it as easy as possible.
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For staking, you don't need to down anything right and
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to steak in the network, and so the same is happening.
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So for for staking, when you have the node sends on,
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you know it's going to be very light. It's because
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of the network. The blockchain architecture is very light.
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So if you don't have blowed, that means the notes
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only grow to a certain structure size and then afterwards
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you know, they don't keep growing anymore, or they grow,
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but basically the delete.
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Of the bottom so they don't grow.
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So you can run it on a regular computer very easily,
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and maybe in the future can be able to run.
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Them an your phone as well, the notes and so
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with performances like that.
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And then we build you know, all these innovations like
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proof of perfect for example, proof of perfect. The new
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consensus algorithm which allows you to decide together what data
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is perfect. So if you look into the real world,
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for example, sometimes difficult to decide, you know, what's the reality.
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You know, if your I live in the U s right.
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If you listen to the right, you hear different reality
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than for the left. You know, but both sides thinks
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they're right. And the proof of perfect turns it's all
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that you know where you have you try to have
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the best reality basically, and that is for the reality
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but also for chain hads. So when you bring the
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chain together again to bring gives you the best answer
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if you use that with this proof of perfect algorithm, and.
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And and that makes U data chain.
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Put to performance what you need like for large AI
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and and and data applications.
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And then there's a twelve other innovations. I don't want
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to bother you with them.
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It's I think best to read the X y O
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layer one white paper or you know, to go onto
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our good book. That's sweet them there we have it
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one by one. We have I think the blog post
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about every single innovation. And it's an easy, easy explanation there.
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Yeah, no, you know, it's actually really exciting, and that's
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a hard problem to solve, this this proof of perfect
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trying to find the perfect reality to live in. You know,
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I was watching some recent podcasts on AI and how
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world leaders, you know, will eventually more and more be
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consulting AI as it gets smarter, and then eventually maybe
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you know, the AI will be the world leader or
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the country leader to start. And I'm curious, and as
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AI gets more information, would it also tap into for example,
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x YO Layer one network. If you're asking it a
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question and you're like, I need to know about this
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kind of data location or any kind of information, would
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AI be able to tap into the chain and present
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that information in a readable way?
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Yes? Yeah, yeah, we have to have great concessions there already. Yes.
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So it's we can do several things. Like one of
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them is like it says I want to know about something, right,
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and then it taps into the Layer one season if
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the data is already there. If it's not there, right,
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then it can go and request through the deep in network,
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can they go collect that data? Right? I wanted to
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get pictures of the clouds in this place, so let's
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say in Africa in this village, okay, And then it
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gets pictures of the clouds right from all the people
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who are contributing in the area, maybe some pictures of
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the ground as well, and then it can create uh
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and then use the AI and use and does a
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farming advice for example for that area, which is difficult
419
00:23:43.200 --> 00:23:45.160
to come by for those farmers now because that data
420
00:23:45.200 --> 00:23:46.400
doesn't exist and.
421
00:23:48.079 --> 00:23:51.160
And or they the farmers don't work together.
422
00:23:51.319 --> 00:23:54.839
Right, maybe one farmer knows the cloud looks this way
423
00:23:55.119 --> 00:23:57.079
no today, but the guy who lives a hundred miles
424
00:23:57.119 --> 00:23:59.279
of the road, a hundred meters on the road that
425
00:23:59.559 --> 00:24:02.599
has maybe a different reason pattern and whatever.
426
00:24:02.640 --> 00:24:06.759
It's difficult if you don't have the data. And then also.
427
00:24:08.000 --> 00:24:10.119
And then you can take that answer, write it on
428
00:24:10.279 --> 00:24:13.079
the on the blockchain, so you can prove, you know,
429
00:24:13.759 --> 00:24:16.799
that's what the data, what's the advice.
430
00:24:16.599 --> 00:24:17.039
Was based on.
431
00:24:18.039 --> 00:24:20.440
Then the other way around, right, if yeah, I get
432
00:24:20.559 --> 00:24:23.880
the feedback that it's hallucinates, right, then through the deeper
433
00:24:24.000 --> 00:24:28.039
network you can go and find out, you know, what
434
00:24:28.200 --> 00:24:31.240
did you hallucinate about? You know what was the underlying
435
00:24:31.319 --> 00:24:35.960
data which led to the hallucination. And then the collective
436
00:24:36.039 --> 00:24:40.440
verify and new data to provide better details to the
437
00:24:40.480 --> 00:24:44.960
AI and and I think that's.
438
00:24:46.039 --> 00:24:49.920
A big, big, big, big data collection you.
439
00:24:49.960 --> 00:24:54.119
Know, for especially underrepresented area is going to come through
440
00:24:54.200 --> 00:24:55.119
these deeper networks.
441
00:24:56.480 --> 00:24:57.240
It's very cool.
442
00:24:57.759 --> 00:25:01.160
And you know, in terms of more people interacting with
443
00:25:01.880 --> 00:25:05.680
earning from contributing to the deep in networks. I know,
444
00:25:05.799 --> 00:25:07.920
coin app, which I can leave in the description, is
445
00:25:08.440 --> 00:25:12.079
the top application that XYO has been running for many years?
446
00:25:13.160 --> 00:25:16.880
Are there other opportunities of different types of data? Will
447
00:25:16.920 --> 00:25:18.359
that be in the coin app or will there be
448
00:25:18.400 --> 00:25:21.599
other applications? And how else can people contribute just to
449
00:25:21.720 --> 00:25:24.640
start testing it out and then earning and then from there,
450
00:25:24.720 --> 00:25:27.079
you know, you really get incentivized to contribute more.
451
00:25:27.839 --> 00:25:28.000
Yeah.
452
00:25:28.079 --> 00:25:31.480
Yeah, we have differend devices, you know, we have Bluetooth
453
00:25:31.559 --> 00:25:33.839
devices and FC devices and so on.
454
00:25:34.119 --> 00:25:39.039
You can check them out on our website and buy
455
00:25:39.119 --> 00:25:39.880
them there as well.
456
00:25:40.519 --> 00:25:46.160
But also you can collect other data and connect other data,
457
00:25:46.519 --> 00:25:47.559
like you have a partnership.
458
00:25:47.640 --> 00:25:50.200
But is the weather deepend.
459
00:25:50.279 --> 00:25:53.720
Where you know, you can prove that that data really
460
00:25:53.920 --> 00:25:59.200
was generated at this weather station and this specific location
461
00:25:59.359 --> 00:26:02.759
right and wasn't put into you know, my basement, you know,
462
00:26:02.799 --> 00:26:05.640
and there's suddenly ten ten ten was the stations which
463
00:26:05.680 --> 00:26:11.519
spoof data and location and x yo, you're able to
464
00:26:11.640 --> 00:26:15.200
do that, right, so you can connect many sensors to
465
00:26:15.559 --> 00:26:18.200
not only the ones that talked about, but it's specially
466
00:26:18.279 --> 00:26:19.599
the good opportunities are endless.
467
00:26:21.079 --> 00:26:22.599
That's great, you know, I love that.
468
00:26:22.720 --> 00:26:26.559
I think the weather is a perfect example that it's
469
00:26:26.720 --> 00:26:28.720
the way that it is right now is so inaccurate
470
00:26:29.160 --> 00:26:31.160
that you know, you go onto the website and it's
471
00:26:31.319 --> 00:26:33.759
like whatever the weather is at the airport, but I
472
00:26:33.799 --> 00:26:36.519
can live an hour from the airport and it's completely different,
473
00:26:36.839 --> 00:26:39.200
And there's no way right now, you know, we could
474
00:26:39.200 --> 00:26:43.079
easily be contributing this real time information and earning from
475
00:26:43.119 --> 00:26:45.759
it as well. But even just knowing, you know, more
476
00:26:45.799 --> 00:26:50.039
specifically with the with the age of edge devices, mobile
477
00:26:50.039 --> 00:26:53.160
devices and contributing to networks that you know, we're way
478
00:26:53.240 --> 00:26:53.839
behind on that.
479
00:26:55.160 --> 00:26:57.759
You are, right, yeah, yeah, and you said that right
480
00:26:57.880 --> 00:27:02.119
living where you are, you know, and the same for me,
481
00:27:02.240 --> 00:27:02.400
you know.
482
00:27:02.519 --> 00:27:04.400
But now I imagine you're in a place where they
483
00:27:04.440 --> 00:27:07.559
don't have as many weather stations, and you know, like
484
00:27:07.680 --> 00:27:08.160
suddenly the.
485
00:27:08.200 --> 00:27:11.400
Weather comes from a hundred miles away, it tells it's
486
00:27:11.480 --> 00:27:13.519
going to rain tomorrow, and you put the seats on
487
00:27:13.559 --> 00:27:15.240
your field, but it's not raining.
488
00:27:15.319 --> 00:27:17.759
You know, and then the lost of harvests come it
489
00:27:18.039 --> 00:27:22.640
and so you know, it's usually impactful, I think to
490
00:27:22.759 --> 00:27:26.759
be able to collect that data in a more reliable and.
491
00:27:28.400 --> 00:27:32.119
MicroPlace kind of way, definitely, you know, I want to
492
00:27:32.160 --> 00:27:36.240
look forward. We'll probably our next video will probably be
493
00:27:36.319 --> 00:27:39.279
in twenty twenty six. You know, the days are getting
494
00:27:39.319 --> 00:27:41.599
close to the end of the year here, and but
495
00:27:41.960 --> 00:27:45.359
I'm pretty optimistic about blockchain as well as deep in.
496
00:27:46.039 --> 00:27:47.759
You know, they keep saying this is a multi trillion
497
00:27:47.759 --> 00:27:50.559
dollar opportunity, and I feel like the interest has been
498
00:27:50.640 --> 00:27:52.640
exponentially growing over the last twelve months.
499
00:27:53.079 --> 00:27:53.759
You know, what, do you.
500
00:27:54.039 --> 00:27:57.640
Anticipate the workload to be heavy? I'm sure for twenty
501
00:27:57.680 --> 00:28:01.440
twenty six. What else is x why Layer one going
502
00:28:01.480 --> 00:28:04.279
to focus on? And where do you see the opportunities
503
00:28:04.319 --> 00:28:06.880
arising for different and new types of data to start
504
00:28:06.880 --> 00:28:09.640
collecting and more people to interact with deep in next year?
505
00:28:10.559 --> 00:28:13.920
Yeah, So we've put out more more features with x
506
00:28:14.000 --> 00:28:16.519
Y or Layer one, you know, like over the last
507
00:28:16.599 --> 00:28:19.880
months of twenty twenty five, and you know, and then
508
00:28:19.920 --> 00:28:22.119
into twenty twenty six, then.
509
00:28:22.039 --> 00:28:25.079
We're going to onboard you know, our x YO.
510
00:28:25.759 --> 00:28:30.319
Deepen network onto the Layer one and connect it all
511
00:28:30.759 --> 00:28:33.160
and then you know, we're going to have third party
512
00:28:33.880 --> 00:28:37.599
partners integrating into the Layer one. We've for example, we
513
00:28:37.720 --> 00:28:41.799
just announced partnership this company Piggy Sell. You know it's
514
00:28:42.039 --> 00:28:45.039
has a ninety eight percent market chair in Souspreia for
515
00:28:45.160 --> 00:28:50.079
the chartering market, so it's it's a huge deal. We're
516
00:28:50.119 --> 00:28:53.759
going to provide that some deep in capabilities to get
517
00:28:53.839 --> 00:29:00.079
proof of location and some other things, and then they
518
00:29:00.200 --> 00:29:04.119
gone to take their data and bally they put it
519
00:29:04.240 --> 00:29:07.799
onto the Layer one, tokenize it and then that data
520
00:29:07.880 --> 00:29:10.960
can be sold you know to the I companies and
521
00:29:11.319 --> 00:29:12.759
others in that space.
522
00:29:14.480 --> 00:29:17.200
Very cool and yeah, you know South Korea, I know
523
00:29:17.279 --> 00:29:19.480
the Korea Blockchain Week was just there and they are
524
00:29:19.559 --> 00:29:25.519
all about deep in networks, autonomy, machine economy, robots and
525
00:29:25.839 --> 00:29:28.640
blockchain and trading as well. So I think that's a
526
00:29:28.680 --> 00:29:31.480
great Uh, that's a great partnership. I'm looking forward to
527
00:29:31.519 --> 00:29:34.839
seeing how that expands. What's the best way for people
528
00:29:34.880 --> 00:29:40.039
to follow along with the updates for Layer one xy
529
00:29:40.240 --> 00:29:43.680
Layer one and then how else can people test out
530
00:29:43.799 --> 00:29:45.160
contribute to the deep in network.
531
00:29:46.440 --> 00:29:49.519
Yeah, I think if not subscript to your show yet,
532
00:29:49.519 --> 00:29:53.839
probably they should subscribe because we have an eight year partnership.
533
00:29:57.279 --> 00:29:59.359
On your show, so I think it's a good place
534
00:29:59.599 --> 00:30:01.559
to get good in depth updates.
535
00:30:02.559 --> 00:30:06.240
And then of course our ex triter count and official
536
00:30:06.359 --> 00:30:08.799
x y always good place, you know, subscribe there and
537
00:30:08.920 --> 00:30:12.839
follow along, and then on x yo or network.
538
00:30:14.599 --> 00:30:15.920
Right there you can.
539
00:30:16.160 --> 00:30:19.160
Sign up for our new set and we have some
540
00:30:19.319 --> 00:30:22.920
good ideas how you want to partner with us instead
541
00:30:22.920 --> 00:30:26.000
of email to partnerships at x yo door network and
542
00:30:26.839 --> 00:30:28.839
you know, maybe there is a good way for us
543
00:30:28.960 --> 00:30:29.480
to collaborate.
544
00:30:30.319 --> 00:30:34.920
That sounds great, Marcus, And yeah, you're definitely coming back soon.
545
00:30:35.039 --> 00:30:37.279
But you know I always love real time updates as well.
546
00:30:37.359 --> 00:30:40.200
I'm going to link the x in there, the x
547
00:30:40.359 --> 00:30:44.599
yo dot network main sight and the coin app for
548
00:30:44.640 --> 00:30:48.279
people to check out and any other docs and any
549
00:30:48.319 --> 00:30:53.880
other information because people need to understand that deep in is.
550
00:30:54.200 --> 00:30:56.359
Although you guys have been doing it for for many years,
551
00:30:56.720 --> 00:30:58.720
it's right now is the time to be paying attention.
552
00:30:58.880 --> 00:31:03.119
It's really kicking up and now with AI connecting devices
553
00:31:03.319 --> 00:31:07.480
and people and information with blockchain, there's no better time
554
00:31:07.519 --> 00:31:10.000
than right now to start getting involved. And you don't
555
00:31:10.000 --> 00:31:12.960
really need the technical expertise even to stake x Yo.
556
00:31:13.039 --> 00:31:13.559
You don't need to.
557
00:31:13.559 --> 00:31:17.480
Download anything, to get an app and on your phone
558
00:31:17.599 --> 00:31:22.640
and start contributing and earning for local information or location
559
00:31:22.960 --> 00:31:26.000
or any kind of data. It's becoming more easy than ever,
560
00:31:26.559 --> 00:31:28.759
and I'm looking forward to seeing how the x Yo
561
00:31:28.920 --> 00:31:31.799
Layer one continues to grow. Congrats on the most recent
562
00:31:31.839 --> 00:31:34.640
partnership and let's definitely follow up in the near future.
563
00:31:35.480 --> 00:31:36.920
That's great, thank you here, let's do that this