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DePIN projects building an L1, security, hardware, off-chain compute, device ID layer, front end, on-chain liquidity, visibility and a community from scratch vs. Building on IoTeX

IoTeX 2.0 is a complex design with multiple interconnected pieces. What's the glue that binds it all together? It's IOTX. Our native token is the economic link between the IoTeX L1, the Modular Security Pool, DePIN Infrastructure Modules, DePIN dapps, and our users.

NYC are you ready?! 🗽 IoTeX is thrilled to co-sponsor DePIN Summit by @EV3ventures alongside @0xPolygon. We're bringing the industry's biggest names under 1 roof. Catch us moderating a panel on DePIN modularity featuring @RiscZero + @network3_ai. ↓

Phala joins the IoTeX 2.0 modular DePIN infrastructure as the verifiable compute module. @PhalaNetwork leverages Trusted Execution Environments (TEEs) for secure DePIN verification. Together, we're delivering private, fast, decentralized DePIN computation for everyone. ↓

The 2024 DePIN Landscape. 1,000 projects. $80 billion market value. Devices in 194 countries. Made up of Physical Resource Networks, Digital Resource Networks, #DePIN Infrastructure Modules, and blockchains.

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