API ID:
iotex
Trade Symbol:
Coin or Token:
Max Supply:
Use Case:
Launch Date:
Coin Overview
IOTX
Token
10 Billion
Internet of Things
2017
IoTeX
IoTeX connects smart devices and real-world data to the blockchain, creating trust in the Internet of Things. From smart home gadgets to supply chain tracking, IoTeX helps people verify and control their data. Its token, IOTX, powers transactions, governance, and device interactions—building a more secure, decentralized, and user-owned IoT ecosystem.
A Deeper Dive
Technology & Use Case
IoTeX is a blockchain platform designed to integrate the Internet of Things (IoT) with Web3. It enables devices, sensors, and machines to interact securely, with verifiable data shared on-chain. Its lightweight blockchain is built for scalability and speed, making it possible to handle millions of connected devices. IOTX is used for fees, governance, and staking.
Origins & Team
IoTeX was founded in 2017 by Raullen Chai (former Google/Uber cryptographer), Qevan Guo (ex-Facebook engineer), Xinxin Fan (PhD in cryptography), and Jing Sun (venture capitalist). The team combines expertise in cryptography, hardware, and blockchain. The mainnet went live in 2019, and IoTeX has since positioned itself as a leader in bridging real-world data and Web3.
Ecosystem & Partnerships
IoTeX has built products like Ucam (a blockchain-powered home security camera) and Pebble Tracker (a GPS and environment data tracker). These demonstrate real-world applications of blockchain + IoT. The project also collaborates with enterprises, DeFi protocols, and the MachineFi Lab to expand IoT use cases in smart cities, logistics, and healthcare.
A Deeper Dive
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