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. 🏃🏻♀️
