IOTX
No. 142Price
Markets
Market | Price | 24H Change | 30D Change | 24H Volume | 24H Value |
|---|
- Coin Introduction
1. Project introduction
IoTeX is the auto-scalable and privacy-centric blockchain infrastructure for the Internet of Things (IoT), which brings autonomous device coordination to the masses by “connecting the physical world, block by block”. IoTeX's mission is to create an open ecosystem where humans and machines can interact with guaranteed trust, free will, and privacy. IoTeX platform uniquely combines blockchain, secure hardware confidential computing to enable trusted data from trusted devices for use in trusted Dapps. By connecting the physical and digital worlds, IoTeX hopes to democratize access to machine-backed DApps, assets, and services to deliver value to users and fuel the new machine economy.
IOTX has multiple uses with the goal of enabling trusted and transparent interactions between various entities in the IoTeX Network, including Delegates, stakeholders, product builders, service providers, and consumers. Ultimately, the IOTX coin and complementary tokenomics establish economic and reputational incentives that ensure the IoTeX Network is maintained in a decentralized fashion and “Powered by IoTeX” products are effectively serviced.
The IoTeX Network is fueled by the native IOTX token. In addition to representing fractional ownership of the IoTeX Network, IOTX has multiple uses (or “utility”) to enable trusted and transparent interactions between various stakeholders, including users, Delegates, developers, and service providers. The IOTX token is the lifeblood of the IoTeX protocol and instills economic and reputational incentives to ensure the IoTeX Network is governed/maintained in a decentralized fashion.
2. Distribution
Private Sale: 24%
Ecosystem: 18%
Foundation: 25%
Team: 15%
Mining Rewards: 12%
Community Reward: 6%
Investing in cryptocurrencies carries market risks and price volatility. Before buying or selling, investors should consider their investment objectives, experience, and risk tolerance. Investments can result in partial or total loss, and investors should determine the investment amount based on the level of loss they can afford. Investors should be aware of the risks associated with crypto assets and seek assistance from financial advisors if in doubt. Additionally, there may still be unforeseen risks. Investors should consider their financial situation with diligence before making any trading decisions. The opinions, news, analysis, etc., provided on this website are market commentary and do not constitute investment advice. The platform is not responsible for any profit losses incurred due to reliance on this information.
The cryptocurrency data displayed on the platform (such as real-time prices) is sourced from third parties and for reference only, no guarantees provided. Trading on the internet comes with risks, including software and hardware failures. The platform does not control the reliability of the internet and is not responsible for any losses resulting from connection failures or other related issues.