Data Monetization in a Web3 World with XYO Network
XY Labs is taking an unconventional approach to public markets - utilizing public blockchain and tokenization in a regulatory compliant system.
The views and opinions expressed in the following podcast are those of myself and my guest. None of this is investment advice or a solicitation for you to buy any financial instrument. I am not a licensed investment advisor. This content is for information purposes only. This episode was recorded on March 3rd, 2023
The ninth episode of the BCR podcast brings Markus Levin from XYO Network (XYO-USD). Markus is the co-founder of that protocol. It serves as an Oracle for Web3 platforms and allows users to monetize their data through a variety of different engagements with the COIN platform. XYO was started by XY Labs and there's actually a second token that represents equity in XY Labs. That token is XYLB and is registered "security token" that trades on the tZERO platform.
Listen to the episode here.
Topics we covered during the podcast include but are not limited to:
Markus' background and building the COIN platform to work with Web2 companies for data monetization
Using data Oracles to combat things like fake information
Getting Web2 companies exposed to crypto rails
User engagement of the COIN platform
The somewhat controversial decision to work with US regulators on a decentralized blockchain project
Data monetization in the 'metaverse'
Issues with the SEC's approach to regulation
How tokenization changes equity offerings in the future
End game for the XY Labs token
This was a fun discussion and I hope you guys enjoy it. Remember, you can get access to the full downloadable version of every BCR podcast episode by subscribing to my Seeking Alpha research service BlockChain Reaction.