Draft:IoTeX: The modular infrastructure for DePIN
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IoTeX is the only modular infrastructure in the DePIN sector that offers a comprehensive suite of tools to create fully decentralized, composable, and interoperable DePIN projects.[1] Unlike the current monolithic approach, IoTeX provides a flexible array of in-house DePIN Infrastructure Modules (DIMs) and Public Goods, alongside modules contributed by third-party providers, such as Filecoin, Risc0, NearDA, and Espresso, to name a few. Unlike any other blockchain, IoTeX also presents a revolutionary approach to its native token, $IOTX, which is used to support and connect the whole infrastructure, expanding its utility while maintaining a stable token supply through balanced burning, inflationary and deflationary mechanisms.
By significantly reducing build time, initial capital costs, and the resources needed to launch projects, IoTeX is embarking on a new roadmap to onboard 100 million devices and unlock trillions of dollars in real-world value on-chain within the next 3-5 years. Realizing IoTeX’s mission of “DePIN for Everyone”.
One of IoTeX's successful products includes DePINscan. DePINscan is the explorer for DePIN crypto projects. It acts as a centralized hub catering to DePIN projects, enthusiasts, developers, founders and investors, ensuring they stay updated with sector developments.[2]
References
[edit]- ^ Chai, Raullen. "IoTeX". IoTeX. IoTeX. Retrieved 7 December 2024.
- ^ Guo, Qevan. "DePINscan". DePINscan. DePINscan. Retrieved 7 December 2024.