- IoTeX's mission is to be a privacy-centric blockchain managing the entire information lifecycle of an Internet of Things (IOT) network, including data collection, transport, storage, and utilization.
- IoTeX uses a Roll-Delegated-Proof-of-Stake ("Roll-DPoS") consensus mechanism to deliver "higher scalability with instant finality, without sacrificing decentralization or security".
- IoTeX distinguishes itself with three main functionalities and service offerings:
- Layer 2 chain as a service: as layer 2 chains share the same pool of delegate resources, it becomes straightforward to create a subchain as, for example, an EC2 instance on AWS Cloud.
- Edge trusted computing: it will enable the “sharing economy for trust computing and unlock many interesting trust and privacy-centric dApps".
- Cross-network interoperability with other blockchains, as well as layer-2 IoTeX chains, is supported.
- IOTX is the native asset of the IoTeX network. Respective use-cases include: (1) decentralized governance, (2) gas fees, and (3) staking for Layer-2 chains.
| Ranking | 98 | |
| Price | $0.1279 | |
| Price Change 24h | -$0.02183 | |
| 24h Low / 24h High | $0.1215 / $0.1803 | |
| 24 Hour Trading Vol | $1,568,656,614.63 | |
| Market Cap | $1,210,461,615.50 | |
| Max Supply | 9,626,124,332 | |
| Circulating Supply | 9,540,779,324 | |
| Price History | ||
| 7d Low / 7d High |
$0.06319 / $0.1803
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| 30d Low / 30d High |
$0.0566 / $0.1803
|
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| 90d Low / 90d High |
$0.02188 / $0.1803
|
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| 52 Week Low / 52 Week High |
$0.005859 / $0.1803
|
|
| All Time High | $0.18 | |
| Website | https://www.iotex.io/ | |
| About | ||

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