IoTeX is a Web3 platform that focuses on connecting physical devices and blockchain Dapps. As a decentralized physical infrastructure network (DePIN) technology provider, IoTeX has great potential in the fields of artificial intelligence, energy, and mobile travel.
Currently, IoTeX is also the world's only DePIN modular Web3 infrastructure platform that connects smart devices and real-world data to the blockchain. The project recently received $50 million in ecosystem investment to accelerate the development and adoption of its DePIN.
The innovation and uniqueness of IoTeX is that it integrates distributed ledger technology, consensus mechanism and intelligent AI technology with deep learning algorithms through the cooperation of IoT devices, blockchain and artificial intelligence to build an efficient, reliable, privacy-secure IoT infrastructure.
IoTeX also launched a multi-chain wallet called ioPay, which features account abstraction and a comfortable visual design. In addition, IoTeX has partnered with ElastosInfo to provide identity authentication and verification services on the DePIN infrastructure, unlocking the potential for direct integration with "Layer 2" Bitcoin.
Overall, IoTeX is an innovative Web3 platform that opens up new possibilities for the digital economy ecosystem. The project has strong support and potential and is expected to lead the market in the field of IoT in the future.
If IoTeX can continue to actively expand, continuously improve its technology and products, and effectively integrate DePIN technology with other fields, its future value and attractiveness may win the favor of more investors, thereby bringing the potential for profit growth.
