IoTeX (IOTX)
Components of IoTeX infrastructure
IoTeX's infrastructure is composed of various components, both in-house and contributed by third-party providers. These components serve to streamline the creation and management of DePIN applications.
| Ticker | IOTX |
| Category | Internet of Things (IOT) |
| Website | https://iotex.io |
| @iotex_io | |
| Telegram | IoTeXGroup |
| https://www.reddit.com/r/IoTeX | |
| Contract Addresses | |
|---|---|
| ethereum | 0x6f...96 |
| base | 0xbc...1c |
In-house DePIN infrastructure modules
The platform offers an array of in-house DePIN Infrastructure Modules (DIMs). These modules are designed to cater to the specific needs of developers and businesses looking to launch decentralized applications that interact with physical infrastructure. The DIMs are crafted to be flexible, allowing for customization and scalability as per the project requirements.
Third-party contributions
In addition to its own modules, IoTeX integrates modules from third-party providers such as Filecoin, Risc0, NearDA, and Espresso. These contributions expand the capabilities of the IoTeX platform, providing additional tools and functionalities that enhance the development process. The collaboration with external providers ensures that IoTeX remains at the forefront of technological advancements in the DePIN space.
Objectives and mission of IoTeX
IoTeX is on a mission to onboard 100 million devices and unlock trillions of dollars in real-world value on-chain over the next three to five years. This ambitious goal is part of their broader mission to bring "DePIN for Everyone," making decentralized infrastructure accessible to a wide audience. By doing so, IoTeX aims to transform how physical infrastructure is managed and utilized in a decentralized manner.
Reducing barriers to entry
One of the core objectives of IoTeX is to lower the barriers to entry for developers and entrepreneurs looking to create DePIN applications. By providing a robust and modular infrastructure, IoTeX reduces the initial capital costs and resources required for launching projects. This democratizes access to decentralized infrastructure, enabling more innovators to partake in the ecosystem.
Enabling real-world value on-chain
IoTeX seeks to bridge the gap between physical infrastructure and blockchain technology. By enabling real-world assets and devices to be integrated on-chain, IoTeX unlocks new opportunities for value creation. This integration is poised to revolutionize industries by providing transparent, secure, and efficient ways to manage and utilize infrastructure.