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Explore IoTeX: Pioneer in Bridging the Physical and Digital Worlds

2024-08-02 20:33:06


    Since its inception, IoTeX has been a pioneer in the blockchain industry, committed to creating a secure and scalable infrastructure to bridge the gap between the physical and digital worlds. Initially established as a Layer 1 blockchain, IoTeX has now expanded its vision by leading the development of decentralized physical infrastructure networks (DePINs). IoTeX 2.0 reveals a new vision to upgrade its L1 blockchain to an open, modular infrastructure for all DePINs. IoTeX 2.0 is embarking on a new roadmap, planning to connect 100 million devices in the next 3-5 years and unlock trillions of dollars in real-world value on the chain to achieve the mission of "Everyone can DePIN".

"At IoTeX, we firmly believe that small teams can do big things and they should be fully supported to build impactful DePINs. Because only by working together can we do more. This is fundamental to the IoTeX 2.0 mission to democratize DePIN for everyone." - Raullen Chai, IoTeX CEO & Co-founder


Why choose IoTeX to build and deploy your DePIN project?

Modular DePIN Infrastructure

IoTeX offers a modular approach that enables DePIN projects to build a technology stack that fits their needs. This includes key products built in-house by IoTeX as well as integrations with partner products from top projects. This modularity enables DePIN builders to focus on what they do best (their infrastructure) while leveraging cutting-edge Web3 technologies such as decentralized identity, off-chain scaling, zero-knowledge proofs, and AI.


MSP: A Unified Security Layer for DePINs

The IoTeX Modular Security Pool (MSP) provides a unified trust layer that provides security and trust for DePIN Infrastructure Modules (DIMs) and DePIN applications. The system leverages existing security from established Layer 1 blockchains such as IoTeX, Bitcoin, and Ethereum, and ensures a solid and secure foundation for new projects through re-staking.


End-to-End Support for the DePIN Lifecycle

IoTeX 2.0 provides comprehensive support for the entire lifecycle of a DePIN project. From the initial development of the technology stack to the later stages that require scalability and decentralization, IoTeX provides the necessary infrastructure and public resources to attract attention, liquidity, and users.


Public Resources and Tools: Supporting DePIN Growth

IoTeX provides a suite of public resources designed to support DePIN builders. These resources include user-facing tools (e.g., browsers, wallets, bridges), developer-facing tools (e.g., IDEs, SDKs), and network-wide resources (e.g., governance, accelerators, liquidity). This ecosystem of tools and resources helps builders more easily launch their projects and provides a foundation for their growth.

Merit-Based Token Economy that Rewards Value

IoTeX employs a merit-based token economy system designed to reward significant contributions.


IoTeX's Future Vision

IoTeX 2.0 is more than just a technical upgrade, it represents a broader ecosystem vision that aims to bring real-world value to the blockchain through decentralized physical infrastructure networks (DePINs). IoTeX's goal is to enable everyone to participate in this innovation, whether small teams or large enterprises, to build their own projects on this open, modular infrastructure.

In the next 3-5 years, IoTeX plans to connect 100 million devices and unlock trillions of dollars of real-world value on the chain. This is not only an ambitious goal, but also a vision achieved through technological innovation and community cooperation.


Conclusion:IoTeX is redefining the way decentralized physical infrastructure networks (DePINs) are built and deployed through its modular infrastructure and comprehensive support system. Its innovative technology and resource ecosystem provide builders with powerful tools to enable them to focus on their core business while leveraging the most advanced Web3 technologies. With the launch of IoTeX 2.0, we have reason to believe that IoTeX will become a key bridge connecting the physical and digital worlds in the coming years.

By choosing IoTeX, you are not only choosing a technology platform, but also choosing a supportive and innovative community. Whether you are a startup or a large enterprise, IoTeX can provide you with the tools and resources you need to succeed in the world of decentralized physical infrastructure networks (DePINs).

Disclaimer:

1. The information does not constitute investment advice, and investors should make independent decisions and bear the risks themselves

2. The copyright of this article belongs to the original author, and it only represents the author's own views, not the views or positions of HiBT