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| Date | Open | Close | High | Low | Volume |
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- XRP News: Vaultro Finance Presale on XRP ledger Skyrockets Past 50%, As Investors Race to Own $VLT TokenWeb3Wire - 8 hours agoSINGAPORE , June 15, 2025 (GLOBE NEWSWIRE) — Vaultro Finance has just announced a landmark…
- Decentralized Masters Review: Best DeFi Course in 2025?Web3Wire - 11 hours agoIRAEmpire has released a new guide on “Decentralized Masters Review” for consumers and investors. SAN…
- Best Gold IRA Companies 2025 Announced: Top Gold IRA Rollover Companies RankedWeb3Wire - 17 hours agoIRAEmpire has published an updated list of the best gold IRA companies of 2025 and…
- Best Way to Sell Your Business Fast: How to Sell a Business Quickly (Expert Guide Released)Web3Wire - 23 hours agoIRAEmpire.com has published an advanced guide on ‘How to Sell a Business Quickly’ for business…
- United States Image Recognition Market Size & Industry Report 2033Web3Wire - 23 hours agoMarket Overview 2025-2033 United States image recognition market size reached USD 10.1 Billion in 2024….
- Covo Finance: Revolutionary Crypto Leverage Trading PlatformBlock3Wire - 2 years agoCovo Finance is a decentralized exchange and liquidity pool revolutionizing the world of crypto leverage…
- WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital AgeBlock3Wire - 2 years agoWorldStrides, the global leader in educational travel and experiential learning announced today its partnership with…
- Cathedra Bitcoin Announces Leasing of 2.5-MW Bitcoin Mining FacilityBlock3Wire - 2 years agoCathedra Bitcoin Inc. (TSX-V: CBIT; OTCQX: CBTTF) (“Cathedra” or the “Company”), a Bitcoin company that…
- Global Web3 Payments Leader, Banxa, Announces Integration With Metis to Usher In Next Wave of Cryptocurrency UsersBlock3Wire - 2 years agoBanxa, the world’s first listed cryptocurrency payment gateway provider, today announced its integration with Metis,…
- Dexalot Launches First Hybrid DeFi Subnet on AvalancheBlock3Wire - 2 years agoDecentralized cryptocurrency exchange Dexalot has launched on an Avalanche Subnet, marking a new milestone in…
- Thumbtack Honored as a 2023 Transform Awards WinnerMeta3Wire - 2 years agoThumbtack was recognized as a 2023 Transform Awards winner for the Space Pioneer: Workspace Design…
- Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3DMeta3Wire - 2 years agoAccenture (NYSE: ACN) has made a strategic investment through Accenture Ventures in Looking Glass Factory,…
- MetatronAI.com Unveils Revolutionary AI-Chat Features and Interface UpgradesMeta3Wire - 2 years agoMetatron (OTC: MRNJ), developer of Metatron AI.com an artificial intelligence (AI) content platform, is thrilled to…
- Purely.website – Disruptive new platform combats rising web hosting costsMeta3Wire - 2 years agoPipe Ten Hosting Ltd are proud to announce the launch of their new low cost…
- WEMADE and Metagravity Sign Strategic Alliance MOU to Collaborate on Blockchain Games for the MetaverseMeta3Wire - 2 years agoPioneering Korean blockchain gaming giant WEMADE today announced a strategic alliance by signing an MOU…
What is IoTeX?
IoTeX (IOTX) is an erc20 coin that will to be used as a fuel on the IoTeX network. It will run the distributed applications and execute transactions on the IoTeX platform. In order to cushion IoTeX from inflation, a fixed number of IOTX tokens will be available. The supply will be capped at 10 billion coins and the coins won't be mineable. However, after the launch of the Mainnet (IoTeX), the native coin (IOX) will be mineable for a period of 50 years using the PoS consensus mechanism. The rewards of mining will reduce gradually over time.
IoTeX did not hold a public sale, but there was a private sale on February 2018, that saw the project raise 25,000 ETH. All private sale investors received 20% bonus in this sale. One IOTX token was retailing at 0.0000125 ETH. There have also been community rewards in which participants have received points as the network continues to grow. The main idea is to connect the physical world block by block.
IoTeX is a decentralized platform powered by privacy-centric blockchain on which developers can build their own token economies and projects. They can create flexible sub-chains and choose the programming language to use as well as make them either permissioned (private) or permissionless (public).
There are some innovations developers of this network are working on to improve its status. Fast Consensus Roll-DPoS scheme is one such innovation which will support numerous nodes with instant finality. It will have low latency and be eco-friendly. Blockchain-in-blockchain technology seeks to enhance privacy, interoperability and scalability There are some privacy-preserving schemes built within the system like light weight stealth address as well as constant size ring signature.
The IoTeX network is managed and supported by a team of experts from various fields including science, mathematics and computer science. Including Raullen Chai who is a co-founder, Qevan and JingSun, also co-founders and XinXin, who is head of cryptography among others.
