IoTeX 2.0 Unveiled: Simplifying DePIN App Development

IconCryptoNewsTerminal Staff17 Jul, 2024

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IoTeX 2.0 Unveiled: Simplifying DePIN App Development

IoTeX 2.0: Empowering DePIN App Development IoTeX (IOTX) has revolutionized the blockchain landscape with the launch of IoTeX 2.0, a cutting-edge modular Web3 infrastructure platform. Designed to bridge the gap between data and smart devices, IoTeX 2.0 dramatically streamlines the development of Decentralized Private Network (DePIN) applications. This platform boasts an esteemed lineup of launch partners, including NEAR for data availability, Filecoin (FIL) for decentralized data storage, RISC Zero for secure zero-knowledge computation, and Espresso for efficient sequencing. Additionally, IoTeX 2.0 collaborates with prominent industry players such as ChainML, OKX, Axelar, The Graph, Streamr, and Irys. "IoTeX 2.0 empowers developers globally to create innovative projects within the burgeoning DePIN domain," remarked Jing Sun, Co-Founder and Chief Investment Officer of IoTeX. "Not only does it minimize upfront capital costs, but staking rewards further accelerate go-to-market strategies." Through this collaborative effort, the platform envisions a decentralized hub connecting devices and data, catering to both human and AI agent needs. IoTeX 2.0 sets the stage for a new era of blockchain-powered innovation.

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