Is IoTeX underestimated? 😳

1️⃣ #iotex 2.0 design philosophy🧠

DePIN faces many challenges to develop rapidly! For example, the team needs to customize hardware, face issues such as device identity management, data calculation, storage, and token distribution, which is extremely unfriendly to small teams. So IoTeX launched 2.0 to solve the above problems, so that#DePINcan be launched as quickly as DeFi and NFT.

We know the problems faced by #depin , so how does 2.0 solve this problem? IoTeX proposed the concept of modular security pool (MSP), DIMs (DePIN modular infrastructure) can pledge tokens to participate in MSP to obtain the decentralization and security of IoTeX L1. What will happen? A small team of DePIN project can develop rapidly!#DIMsis built by IoTeX and third-party teams to provide services for DePIN projects and users. For example, mainstream DIMs include ioID (device identity), w3bstream (off-chain computing), Streamr (connection), Filecoin (storage), nuffle (DA layer), RISC Zero (privacy computing), etc. The DePIN project can directly use the modules it needs, without spending a lot of time and money to build a decentralized infrastructure. It can quickly try and find a feasible route. For the first time, DePIN has achieved composability and parallel development.

2️⃣ Where is#IoTeXgoing 🛤️

Everyone is looking forward to the emergence of a super narrative that will drive Crypto forward. From Artemis, we can see that DePIN is the fastest growing sector in recent months. DePIN may be the brightest field in the Alts field at present, because real-world adoption will drive up token prices. DePIN has many problems, such as the demand side disappears before it is established, and fake network nodes.

I believe that IoTeX and entrepreneurs in the DePIN field can solve these problems. Think about reducing users' broadband charges by dozens of times, Uber without an intermediary platform, and distributed energy networks. These narratives are sexy enough to attract a large number of VCs and developers. As the only#DePINmodular infrastructure,#IoTeXwill accelerate this process and make DePIN a truly community-led, bottom-up global movement. 🏃🏻‍♀️

$IOTX

Good weekend, GOATs. 🐐

Network3's Edge V1 miner now integrates ioID (device identity) and w3bstream (off-chain computing) to become the first verifiable#DePIN&#Aiproject, and the era of verifiable#DePINis coming. 🤠

Edge V1 miner can mine $IOTX and $N3 dual tokens, with a payback period of 120 days🤯.

#iotex is the only DePIN modular infrastructure.

DePIN has the highest growth rate in the past month😳

Repeat, #iotex is the only #depin modular infrastructure. 🐐

$IOTX

📣 2024.9.2 #depin Track Insights (#iotex Ecological Weekly Report)📣

1️⃣ The DePIN NFT launched by PowerPod and Mamotor was sold out within hours, and PT token mining began.
2️⃣ The first batch of Network3 Edge V1 miners started IOTX and N3 token mining.
3️⃣ Loxodrome cooperated with Wicrypt to enhance the on-chain liquidity of tokens.
4️⃣ WatchX officially launched WatchX Future NFT, with benefits such as physical watches, token airdrops, and mining.
5️⃣ Nubila Network reached a cooperation with Roam to improve the user experience of WiFi networks.
6️⃣ enviroBLOQ has issued 3.1 million IOTX to stakers and 1.5 million IOTX to data providers.
7️⃣ Inferix GPU network has 1535 nodes to provide decentralized rendering services. .
8️⃣ CyberCharge is a decentralized charging social network, which has integrated DePINscan.
9️⃣ IoTeX network has 27509 chained devices, and#w3bstreamhas 40 DePIN projects integrating a total of 2,888,674 devices.

$IOTX

Hi, good weekend to all GOATs. 🐐

#iotex 's r3al world is the second most popular event of #token2049 . Do you want to come and meet up? 😛

$IOTX

Hey, everyone can listen to the interview with Raullen on Proof of Coverage Podcast, key points. 👇

1️⃣ #iotex 2.0 aims to solve the complex technical stack problem of #DePIN, making DePIN as easy to build and composable as DeFi. Think about #iotex 300,000 nodes in a few months and successfully selling mining machines
2️⃣ DePIN verification is important, ioID+w3bstream aims to solve this problem
3️⃣ The team is very resilient, has long-term VC support and is very optimistic about the #depin narrative.

$IOTX

The first wearable web3 device is now on sale. Interested friends can check it out. 🥰 #iotex

Benefits?

1️⃣ Physical watch

2️⃣ $WATCH, $IOTX dual token airdrop

3️⃣ Partner token airdrop

4️⃣ Continuous mining

and more

As Guy said, it is really important to make #depin verifiable. Users do not need CePIN, otherwise just use the existing IOT network.

#iotex 's solution? 🤔
1️⃣ Register ioID, and the device is managed by the blockchain
2️⃣ w3bstream: "Chinalink" in the field of DePIN, making data credible and protecting privacy
#DePINis an inevitable global movement🏃🏻‍♀️

$IOTX

📣 2024.8.26 #depin Track Insights (#iotex Ecological Weekly Report)📣

1️⃣ The first batch of 3,000 N3 Edge V1 mining machines from Network3 sold out in seconds.
2️⃣ WatchX is about to launch WatchX Future, which includes watches, token airdrops, additional mining weights, ioID registration and other benefits.
3️⃣ PowerPod and Mamotor jointly launched NFTs to start minting, and support PT token mining.
4️⃣ loxodrome released on-chain perpetual contract products, supporting $IOTX and ETH 50x leverage trading.
5️⃣ IoTeX released IoTeX Hub, which can view market value, trading volume, news and other information and quickly manage and trade assets.
6️⃣ Inferix GPU is about to release a white paper, and the network already has 1,533 nodes to provide decentralized rendering services.
7️⃣ Magma Protocol has partnered with Quenta to enhance the stability and liquidity of the IoTeX ecosystem.
8️⃣ The IoTeX network has 27,365 devices on the chain, and#w3bstreamhas 40 DePIN projects integrating a total of 2,953,203 devices.

Summarize the key points for friends who have not participated in space☺️

1️⃣ MSP will encourage DePIN projects and service providers to participate in the #iotex ecosystem, and give stakers more dividends
2️⃣ #w3bstream will become the "chainlink" of the entire #depin field, providing credible and reliable data verification. It is expected that relevant progress will be released in Q3
3️⃣ Defi campaign will be held in Q3/Q4, with a prize pool of several million US dollars. First-tier exchanges will also participate

$IOTX 🐐

I don't know what to say, just look at the picture. 😂

#iotex #depin $IOTX

IoTeX has released a data dashboard on #Dune . Let's see what information we can get. 😛

1️⃣ #iotex Chain's tvl, pledge rate, cross-chain transactions, number of deployed contracts and other data help you understand chain activities
2️⃣#DePINscanon #depin Total number of projects, number of devices, total market value and other data to understand the development of DePIN from a macro perspective

$IOTX

📣 2024.8.19 #depin Track Insights (#iotex Ecological Weekly Report)📣

1️⃣ DePIN Surf Accelerator announced the second list, which are Nubilia, Qualoo, Sweatemple, Scannit, Bedrock, Quenta, Magma, Pinswap and Loxodrome.
2️⃣ The number of Network3 nodes exceeded 280K, and the physical mining machine sales started this week.
3️⃣ PowerPod launched PowerPod NFT, which can mine PT tokens.
4️⃣ WatchX and Gate Web3 Wallet held an event to give away 200,000 WATCH tokens.
5️⃣ mimo will add liquidity to USDC.e, and USDC.e can be converted into native USDC in the future.
6️⃣ Inferix GPU network already has 1530 nodes to provide decentralized rendering services.
7️⃣ The enviroBLOQ network has 671 pebble devices transmitting more than 30M data to the network.
8️⃣ The IoTeX network has 27,233 devices on the chain, and#w3bstreamhas 40 DePIN projects integrating a total of 2,894,347 devices.

$IOTX

DePIN is an inevitable global movement. 🪩

DePINsurf accelerator releases the second batch of selected projects, including #depin vertical projects such as weather data monitoring and Internet quality monitoring, and innovative#DeFiprotocols focusing on DePIN assets. Come and learn about it😉

DePIN happens on #iotex . $IOTX 🐐

Good weekend to all #GOATs. 🐐

#depin is the only sector that has grown in the past 30 days.

But there are many challenges. How to
1️⃣ Solve the data verification of the DePIN project
2️⃣ Implement the protocol and use the revenue to repurchase tokens or subsidize users
is a question that needs to be considered 🤔

#iotex $IOTX

DePIN data verification is a challenging problem. As a16z said, the key to the success of #depin lies in reliable data verification without the need for centralized management. 🤔

What is the solution for #iotex ? 👇
1️⃣ Device registers ioID and uses chain to manage devices
2️⃣#w3bstreamsupports multiple types of proof mechanisms, such as SKP, TEE, SMPC, etc., which can quickly generate proofs to protect data privacy

$IOTX

IoTeX Ecosystem #depin + #ai Leading Project will start pre-sale of N3 Edge V1 mining machine on August 20. ⛏️

This mining machine will integrate #iotex 's decentralized identity module ioID, which means that each mining machine will destroy a certain number of $IOTX tokens.

The mining machine can mine $IOTX tokens while mining network3 token #N3. Looking forward to its performance after listing.

#DYOR

Let's take a look at the development and changes of #depin in the past year. DePIN is an inevitable global movement. 🏃🏻‍♀️

By the way, let's find out what the ecology of #iotex is😂 🐐

2023 VS 2024 $IOTX

📣 2024.8.12 #depin Track Insights (#iotex Ecological Weekly Report)📣

1️⃣ Network3 node count exceeds 270K, physical mining machines will be sold in mid-August.
2️⃣ Loxodrome launches trading and mining (veLOXO) event.
3️⃣ PowerPod hints at a major announcement this week.
4️⃣ Quenta and IoTeX Chinese community hold OG Pass whitelist exclusive airdrop event.
5️⃣ DePIN Scan is launched on DePIN news section.
6️⃣ Inferix GPU network has 1528 nodes to provide decentralized rendering services.
7️⃣ Chirp is a decentralized telecommunications network that has integrated DePINscan.
8️⃣ There are 27,089 IoTeX network chain devices, #w3bstream 40 DePIN projects have integrated a total of 2,832,891 devices.

$IOTX

So far, there are 40 #depin projects and 2.8 million devices have integrated #w3bstream .

Question: After #w3bstream charges in the future, the gas consumed by these devices is calculated as $IOTX , so how much demand for $IOTX tokens will it cause? 😳

#iotex