IoTeX IOTX
Device applications and network fees.
IoTeX provides blockchain infrastructure for applications linked to devices and physical infrastructure. IOTX is its native coin.
What is IoTeX?
IoTeX supports smart-contract applications and tools for connecting devices with blockchain services. Native IOTX pays network gas and can be staked to participate in delegate elections. It is distinct from device ownership or any particular application’s rewards.
A blockchain record does not guarantee a device’s measurements are accurate. Applications, connected hardware, staking terms, and token-price changes introduce separate risks.
Why people pay attention
Device infrastructure
Applications can connect physical devices and digital services.
Network fees
Native IOTX pays for blockchain activity.
Delegate elections
Staked IOTX supports voting for network delegates.
Origins & development
IoTeX introduced mainnet alpha and beta in 2019, followed by general availability in 2020. Its infrastructure and device-related services have expanded since then.
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