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[Doubled, why IOTX skyrocketed, today we focus on taking stock of the new infrastructure of the Internet of Things under the Depin narrative-IoTeX]
★The writing is too professional and no one wants to read it. Please describe it in simple words first.
Tags: Internet of Things IoT, Depin, real world assets Rwa, modular web3 infrastructure, Layer1...
These few labels are enough for you to understand this coin.
★Let’s talk about what it is in detail.
IoTeX (IOTX) was launched in 2018 and initially focused on the Internet of Things (IoT) field. IoTeX aims to connect devices in the physical world through its blockchain platform, providing secure and scalable IoT solutions. IOTX is the native token of the IoTeX network and is used for network governance, transaction fees and incentives. The total supply of IOTX is 10 billion, and the current circulating supply is approximately 9.442 billion.
IoTeX is a modular Web3 infrastructure platform that connects smart devices and real-world data to the blockchain. IoTeX's middleware solution, W3bstream, provides the computation and verification of real-world data, bringing it into the chain while providing the modular and customizable elements builders need to facilitate large-scale adoption.
As a provider of DePIN infrastructure, IoTeX provides users with new rewards from devices and on-chain/off-chain activities, transforming personal devices into the sharing economy and tokenizing “all things data.”
IoTeX built an EVM-compatible Layer1 blockchain designed for IoT data and DePIN applications. And by providing DePIN middleware W3bstream, DePIN physical devices and data are connected to Layer1. Any DePIN application can create its own dAPP with one click on W3bstream, which specifically includes hardware components, off-chain logic programs, on-chain logic/token economy. Based on the application logic, it encourages the flow of real-world data and generates token rewards for users. .
IoTeX's full-stack DePIN solution provides a full set of "plug-and-play" products and tools for blockchain-driven IoT applications. Building DePIN applications on the IoTeX platform only needs to focus on business logic.
I can’t write much about its development history, but I will introduce it later.
$IOTX
★The writing is too professional and no one wants to read it. Please describe it in simple words first.
Tags: Internet of Things IoT, Depin, real world assets Rwa, modular web3 infrastructure, Layer1...
These few labels are enough for you to understand this coin.
★Let’s talk about what it is in detail.
IoTeX (IOTX) was launched in 2018 and initially focused on the Internet of Things (IoT) field. IoTeX aims to connect devices in the physical world through its blockchain platform, providing secure and scalable IoT solutions. IOTX is the native token of the IoTeX network and is used for network governance, transaction fees and incentives. The total supply of IOTX is 10 billion, and the current circulating supply is approximately 9.442 billion.
IoTeX is a modular Web3 infrastructure platform that connects smart devices and real-world data to the blockchain. IoTeX's middleware solution, W3bstream, provides the computation and verification of real-world data, bringing it into the chain while providing the modular and customizable elements builders need to facilitate large-scale adoption.
As a provider of DePIN infrastructure, IoTeX provides users with new rewards from devices and on-chain/off-chain activities, transforming personal devices into the sharing economy and tokenizing “all things data.”
IoTeX built an EVM-compatible Layer1 blockchain designed for IoT data and DePIN applications. And by providing DePIN middleware W3bstream, DePIN physical devices and data are connected to Layer1. Any DePIN application can create its own dAPP with one click on W3bstream, which specifically includes hardware components, off-chain logic programs, on-chain logic/token economy. Based on the application logic, it encourages the flow of real-world data and generates token rewards for users. .
IoTeX's full-stack DePIN solution provides a full set of "plug-and-play" products and tools for blockchain-driven IoT applications. Building DePIN applications on the IoTeX platform only needs to focus on business logic.
I can’t write much about its development history, but I will introduce it later.
$IOTX
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
IOTX
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