IOTX
IoTex started as an open-source decentralized platform with an aim to empower the open economics for machines. The prime focus of IoTex is to have an open ecosystem where machines, as well as people, can interact with free will, guarantee trust and enjoy properly designed economic incentives.
The IoTex team comprises 40 research scientists and engineers from across the globe. IoTex used the innovative Roll-DPoS consensus mechanism to build their EVM-compatible blockchain from scratch. This was launched in 2019 April and was run by 100+ delegates across the globe. The blockchain system has already processed more than 10 million transactions. The team of the IoTex blockchain has also built the essential blocks of infrastructure to connect BSC, Heco blockchains such as ioPay wallet as well as Ethereum. The best part about the IoTex blockchain network is that it helps in scaling the EVM -based DApps without huge gas fees.
The founders of the IoTeX coin are Qevan Guo, Raullen Chai, Jing Sun, and Xinxin Fan.
IoTex crypto is a decentralized blockchain network allowing machines and humans to interact with guaranteed free will, trust, and privacy. It brings innovation as well as the power of blockchain to NFTs, secured devices, DApps, and other online transactions. The primary goal of the IoTex crypto is to ensure that people can not only own but also control the value and data which they generate. By connecting the digital world with the physical world, the network is allowing users to use various services.