XY Labs Inc. (XYLB)

Overview

XY Labs, Inc., initially known as XY – The Persistent Company, rebranded itself in May 2021. Rooted in San Diego, California, and established in 2012, XY Labs stands at the forefront of integrating geolocation technologies into everyday life. The company is dedicated to the development, design, and sales of consumer hardware, software applications, alongside enterprise-level SaaS (Software as a Service) solutions. Furthermore, it delves into the realm of blockchain and cryptographic technologies and services. A distinguishing feature of XY Labs is its engagement with a vast network of over 3 million IoT devices. These devices are part of an incentive-driven blockchain network, primarily focusing on the anonymous collection and validation of geospatial data, a niche that uniquely positions XY Labs within the intersection of geolocation and blockchain technology.

Products and Services

• XY4+

This product stands out as a bluetooth item finder boasting the longest range, loudest sound, and longest-lasting battery in the market. Designed to cater to consumer convenience, the XY4+ facilitates the easy tracking of items, ensuring that valuables are never lost or misplaced.

• XYO Network

A pioneering blockchain-enabled information network, the XYO Network is tailored for storing geo-location information. This network represents a significant leap towards leveraging blockchain technology for real-world applications, specifically in the geospatial data domain.

• COIN App

The COIN mobile application is a revolutionary platform that rewards users with digital assets for validating geospatial location data. Whether traveling, commuting, jogging, or moving around, users can earn digital currencies by participating in the geo-data collection process, thus integrating the concept of blockchain with everyday activities.