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IoTeX Stock

IoTeX

IOTX

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IoTeX Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
Salavi ExchangeIOTX/USDT0.021,285.5944.5999,956.21.01cex15/30/2025, 9:24 AM
HotcoinIOTX/USDT0.0227,036.5547,504.79528,656.030.07cex3717/9/2025, 6:23 AM
CoinUp.ioIOTX/USDT0.022,752.515,035.25421,712.350.02cex1567/9/2025, 6:18 AM
CEEX exchangeIOTX/USDT0.02510.06484.14417,037.250.03cex17/9/2025, 6:21 AM
BiKingIOTX/USDT0.0215,860.0511,015.43391,094.290.02cex27/9/2025, 6:21 AM
BinanceIOTX/USDT0.0253,887.8356,739.43387,693.430cex5367/9/2025, 6:23 AM
GroveXIOTX/USDT0.0210,996.2612,032.99301,083.310.02cex2847/9/2025, 6:18 AM
TruBit Pro ExchangeIOTX/USDT0.0217,088.7112,488.46292,341.340cex2946/20/2025, 8:09 AM
BITmarketsIOTX/USDT0.0215,774.9515,278.18273,272.980.05cex767/9/2025, 6:21 AM
BTSEIOTX/USDT0.0213,668.4616,671.99273,266.010.1cex3797/9/2025, 6:21 AM
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IoTeX FAQ

**What is IoTeX?** IoTeX is a pioneering cryptocurrency designed to power the decentralized Internet of Things (IoT). It aims to build a connected world where privacy and security are guaranteed for both individuals and devices. Leveraging blockchain technology, IoTeX provides scalability and enables various use cases, from smart devices to decentralized applications. For more detailed information on IoTeX, including its market performance and other analytics, refer to Eulerpool.

IoTeX stands as the sole modular infrastructure within the DePIN sector, providing a comprehensive range of tools for the development of fully decentralized, composable, and interoperable DePIN projects. Diverging from the traditional monolithic approach, IoTeX offers a versatile selection of in-house DePIN Infrastructure Modules (DIMs) and Public Goods, supplemented by modules from third-party providers including Filecoin, Risc0, NearDA, and Espresso, among others. Uniquely, IoTeX introduces an innovative approach to its native token, $IOTX, which functions to support and interconnect the entire infrastructure. This extends the token's utility while ensuring a stable supply through carefully balanced burning, inflationary, and deflationary mechanisms. By substantially reducing build time, initial capital expenditure, and the resources necessary for project launches, IoTeX is charting a course to onboard 100 million devices and unlock trillions of dollars in real-world value on-chain over the next 3-5 years, in line with its mission of “DePIN for Everyone.” For further insights, visit Eulerpool.

### How Does IoTeX Work? IoTeX is designed as a blockchain platform that caters specifically to the Internet of Things (IoT) ecosystem. The platform facilitates secure communication and interaction among IoT devices by unifying a decentralized network. Through its innovative architecture, IoTeX aims to provide privacy, scalability, and interoperability for various IoT applications and use cases. A key feature of IoTeX is its Roll-DPoS consensus mechanism, which builds on the Delegated Proof of Stake model to ensure high throughput and reliable security while maintaining decentralization. Furthermore, IoTeX introduces the concept of subchains, enabling customizable side chains for specific IoT applications, allowing for greater flexibility and efficiency. The IoTeX network also emphasizes privacy and data ownership. By utilizing cryptographic techniques and a decentralized identity framework, IoTeX empowers users to maintain control over their data, fostering trust and transparency within the network. For more detailed information about IoTeX, consider exploring its profile and market data on Eulerpool.

IoTeX is structured with a modular architecture designed to offer a robust and adaptable foundation for DePIN projects. At its core lies the Modular Security Pool (MSP), a unified, trust-anchored layer supported by $IOTX and other significant assets within the industry. This layer establishes a secure foundation for DePIN Infrastructure Modules (DIMs), the essential components of the entire DePIN technology stack. IoTeX delivers some of the most critical DIMs, such as W3bstream for off-chain computing and ioID for digital identities. Additionally, other modules are developed through partnerships, enabling the IoTeX infrastructure to provide AI tools and a variety of decentralized storage solutions among other services, creating a comprehensive toolkit for DePIN developers. To foster community participation, IoTeX offers public goods, such as DePINscan, a comprehensive sector explorer currently linking 2.4 million devices and featuring over 40 verified DePIN projects globally. This layered approach, along with the high throughput and EVM compatibility of IoTeX L1, establishes a strong and scalable infrastructure that empowers developers to create innovative DePIN applications. You can find further details about IoTeX on Eulerpool.

What are the potential use cases of IoTeX?

IoTeX facilitates decentralized applications (Dapps) to effectively integrate with the real world, providing users the capability to monetize data, resources, and services from their smart devices in a verifiable way. Developers can assign on-chain identities to devices via ioID, convert real-world information into "Proofs of Real World Work" through W3bstream, and finalize these proofs on the IoTeX blockchain to execute smart contracts that reward device owners with tokens. The use cases of IoTeX are categorized into data, resources, and services. Smart devices can offer verifiable real-world data to community-owned pools, sell or lease digital resources such as computing power and storage, and deliver services including connectivity, location tracking, and renewable energy. With more than 100 billion active smart devices, IoTeX's applications extend across various industries, ranging from agriculture, automotive, manufacturing, supply chain, smart homes, cities, renewable energy, healthcare, transportation, to telecommunications.

What is the historical background of IoTeX?

IoTeX was established as an open-source project in 2017 by founders Raullen Chai, Qevan Guo, Xinxin Fan, and Jing Sun. The team, consisting of over 40 research scientists and engineers, developed an EVM-compatible blockchain from the ground up, utilizing the innovative Roll-DPoS consensus. The platform launched in April 2019 and has since been overseen by more than 100 delegates globally. It has processed over 10 million transactions and developed infrastructure to enable interoperability with other blockchains. In July 2024, IoTeX unveiled the IoTeX 2.0 whitepaper, capitalizing on years of innovation to make DePIN accessible to all. This development transitions IoTeX from a simple Layer 1 blockchain into an open DePIN infrastructure powered by the $IOTX token, with the IoTeX L1 chain serving as the trust anchor for the entire ecosystem.

Investors interested in IoTeX are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.