The XY Oracle (XYO) token is used to incentivize and reward participants in the XYO Network, a decentralized network of devices that anonymously collects and validates geospatial data. This data is used to provide real-world information to blockchain protocols and decentralized applications, bridging the gap between the physical and digital worlds.

• Sentinels: These are physical devices like smartphones that broadcast signals about their location, time, or temperature to create bound witness interactions with other devices.
• Bridges: These devices receive and sign the signals from sentinels to confirm the interactions.
• Archivists: They store the confirmed bound witness interactions and retrieve the data when needed.
• Diviners: These are answer aggregators that process the data to provide location-based information.

• Miners: They provide data to the network and are rewarded with XYO tokens.
• Users: They conduct transactions and verify the XY coordinates of specified objects, also earning XYO tokens.
• Token Model: The model encourages miners to provide data when necessary and abstain from providing unnecessary data. Users receive incentives when they conduct more transactions during times of low network liquidity.

• Geomining: This is a location-based gameplay function in the COIN app where users earn crypto rewards by discovering and exploring digital assets or items in the real world while interacting with other geominers.
• COIN Tokens: These are earned through geomining and can be exchanged for XYO tokens or other cryptocurrencies and rewards.

In summary, the XYO token is used to facilitate the collection and validation of geospatial data, incentivizing both data providers and users through a reward system.

To store XY Oracle (XYO) tokens, you can use a variety of wallets that support ERC-20 tokens. Here are some options:

1. Freewallet: This is a multi-asset wallet available for both iOS and Android devices. It provides multi-level protection, including encryption of private keys, and supports fee-free transactions between Freewallet users.

2. Metamask Wallet: You can add XYO as a custom token to your Metamask wallet. This requires inputting the contract address, which is 0x55296f69f40ea6d20e478533c15a6b08b654e758.

3. Trust Wallet: This wallet also supports ERC-20 tokens, making it suitable for storing XYO tokens.

4. Hardware Wallets: Some hardware wallets, such as Coolbix X, can hold XYO tokens along with other ERC-20 based cryptocurrencies.

5. XYO Network Wallet: The official XYO Network website also provides information on wallets that can be used to store XYO tokens.

These wallets ensure the secure storage and management of your XYO tokens.

To buy XY Oracle (XYO) tokens, you can follow these steps:

1. Create an Account:

   • Go to Uphold.com and click "Sign up" to create an account. Enter your email address and personal details, then click the link sent to your email to create a password.
   • Alternatively, you can create a Coinbase account by downloading the Coinbase app and following the sign-up process, which includes verifying your ID and adding a payment method.

2. Add a Payment Method:

   • On Uphold, you can start trading immediately after creating your account.
   • On Coinbase, tap on the payment method box and connect a payment method such as a bank account, debit card, or initiate a wire transfer.

3. Select XYO:

• On Uphold, search for XYO and click on it to open the purchase screen.
• On Coinbase, search for XYO by typing "XYO" into the search bar, then tap on it to open the purchase screen.

4. Enter the Amount:

   • On Uphold, enter the amount you want to spend in your local currency, and the app will automatically convert it to XYO.
   • On Coinbase, use the number pad to input the amount you want to spend in your local currency, and the app will convert it to XYO.

5. Finalize the Purchase:

   • On Uphold, review the details of your purchase and confirm it.
   • On Coinbase, tap "Preview buy" to review the details, then confirm your purchase by clicking "Buy now".

Note that fees may apply to your purchase, and these fees are calculated based on factors such as your location, payment method, and market conditions.