Markus Levin, co-founder of the XYO Network, stated that the XYO Network has introduced over 10 million Nodes into its decentralized physical infrastructure network (DePIN).

These nodes are primarily composed of human users who provide data through the mobile application COIN in exchange for rewards. "The vast majority of our 10 million nodes are mobile users, but there are also some IoT devices like smart speakers." He added that about 80% of XYO's users are non-cryptocurrency native users who are participating in Web3 for the first time.