#IOTX物联网+AI
IoTeX (IOTX) is relatively bullish for the following reasons:
1. Applicability
1. The recent hot spots of DePIN modularization and the integrated application of AI can give blockchain applications more different aspects. Coupled with the introduction of the concept of WEB 2 Internet of Things, it has the opportunity to become the next epoch-making decentralized Internet of Things.
2. There are currently many institutional investments. The current financing of up to 50 million US dollars is invested by Borderless Capital, Amber Group, Foresight Ventures, FutureMoney Group, SNZ, Metrics Ventures, EV3 and Waterdrip Capital, which represents strong backing to support it. Ecological expansion.
3. Compatible with Ethereum, focusing on privacy and security, paired with smart wearable devices, such as smart watches and payment functions, and integrating with real-world applications, it will introduce more WEB 2 people.
4. The future is an era of data and computing power. Every data and calculation has its value. In particular, private information related to people needs to be protected to a certain extent. This is also in line with the purpose and original intention of IoTeX, and is also in line with the future of IoTeX. The essence of centralization coincides with each other.
5. Use Ucam’s security camera to protect your private data through decentralized end-to-end encryption.
6. In addition, the Pebble Tracker's sensing device is used to collect real-time data such as climate, movement, location, etc., and it can be converted into decentralized data for use. The equipment has been developed to a certain extent.
7. When the main chain has a large load, there are side chains that can help reduce the burden. At the same time, each side chain has corresponding equipment, which not only improves scalability, but also is excellent in terms of computing speed.
8. Each side chain has its own protection measures, that is, the trust level. The connection of the device and application must pass the trust verification before it can be used normally. If the side chain is attacked, it can also ensure that the blockchain cannot be used. Affected.
2. Token Analysis and Macroeconomics
1. The current cryptocurrency market value ranking is 127th. It still has certain growth potential and has the opportunity to enter the top 100 or even the 50th.
2. The high point of the currency price in the last bull market was around 0.26, and it is currently at 0.077. There is still good room for growth, at least up to 0.Tested near 26 (1~2 times increase), plus many altcoins in this bull market have not yet reached the high point of the previous bull market, so they can wait for the rotation of funds.
3. With the passage of the Bitcoin spot ETF, it has led to the recovery of the overall cryptocurrency industry. Coupled with the upcoming Bitcoin halving and the Federal Reserve’s monetary easing policy, there is a great chance of promoting this bull market. Moving forward, this also means that more hot money will pour into IOTX.
3. Future Outlook
With the recent booming development of the AI industry, we can see the integration and application of many smart home appliances, robots and big data. These are the prospects of IoTeX. Through the expanded application of blockchain and cryptocurrency, I believe there will be A more convenient lifestyle!
