$IOTX It is the only DePIN modular Web3 infrastructure platform that connects smart devices and real-world data to the blockchain. IoTeX is a leading provider of decentralized physical infrastructure network (DePIN) technology that can be fully deployed or integrated into existing frameworks. IoTeX is about to launch the IoT + AI composite concept, aiming to promote the integration of blockchain ecological technology.
First let’s start from technical analysis!
It is said that the wider the horizontal, the higher the vertical. After more than two years of bottoming out, IOTX has increased by 3 times from the starting point of the breakthrough to the recent high point after breaking through the large-scale downward trend line.
Yesterday, I also gave a good strategy, with an intraday increase of 11%. Everyone also made money with Chizai. Let's review it. Making money is as easy as breathing ~ Sometimes money really comes from the wind!
After talking about short-term technical aspects, let’s talk about why IOTX is so popular this time? Why can we say that we have 10 times the expectations? #IOTX物联网+AI
Let’s first talk about the recent AI tokens, AGIX, WLD, arkm, these coins that are related to the AI concept, look at the recent increase, is it amazing?
The merger of Fet, AGIX and Ocean has directly set off a wave of AI, not to mention WLD as the leader.
Let's go back to the beginning. IOTX is currently the only DePIN modular Web3 infrastructure platform that connects smart devices and real-world data to the blockchain. IoTeX is a leading provider of decentralized physical infrastructure network (DePIN) technology that can be fully deployed or integrated into existing frameworks. IoTeX is about to launch the IoT + AI composite concept, aiming to promote the integration of blockchain ecological technology.
Remember, this is the only one! The only one!
IoTeX’s vision is to build an ecosystem where everyone owns their own data, devices, and identity. Leveraging the power of blockchain, we unlock the potential of smart devices/data and empower a new generation of real-world Dapps and digital assets.
What iotx has been doing from the beginning to the end is to blockchainize the infrastructure of the real world, while RWA is to tokenize the assets of the real world. The two can be said to complement each other! Therefore, many people also classify iotx into the RWA sector, which is why iotx submitted the RWA solution to BlackRock.
The IoTeX platform adopts a modular architecture and consists of different technology layers:
Blockchain: Compatible with EVM, Roll-DPoS consensus mechanism (5 seconds block + instant transaction confirmation), network security maintained by more than 60 decentralized nodes
Decentralized Identity (DID): an on-chain identity framework that allows users and devices to truly own their own data and identities
Real-world data oracle: Convert real-world events into verifiable, on-chain data, widely used in DApps in the IoTeX ecosystem
Secure Hardware: Tamper-resistant devices using a Trusted Execution Environment (TEE), seamlessly integrated with the IoTeX platform.
iotx serves the depin project by developing a so-called W3bstream. This middleware is very similar to the tia coin! No matter what chain it is, you can use it, and the scary thing is that it is developing faster than tia's actual business. Currently, Ethereum, IoTeX chain, Solana, Polygon, Arbitrum, Optimism and Conflux all use it.
The most important thing is the recent announcement of integration with Sol. All DePin projects on Sol can use IOTX technology - including RNDR, Mobile, HNT
According to BlockBeats, the Ethereum-compatible blockchain IoTeX ecosystem optimized for DePIN has received $50 million in financing. This round of financing was participated by Borderless Capital, Amber Group, Foresight Ventures, FutureMoney Group, SNZ, Metrics Ventures, EV3 and Waterdrip Capital. The IoTeX team said that this investment will drive DePIN's growth and ecosystem adoption by investing in long-term staked IOTX (DePIN tokens that manage and promote IoTeX DePIN), and invest in IoTeX-based DePIN projects together with the IoTeX Foundation and DePINsurf Accelerator Fund.
Summary: With the support of Binance and the trillion-dollar market of IoT + DePin + Web3, how can IOTX not take off?
The above is the complete interpretation of the positive impact on IOTX. I hope you can view it rationally.
