IoTeX releases 2.0 white paper, intends to promote IOTX as the base currency in the DePIN field
Odaily2024/07/17 18:30
By:Odaily
Odaily News IoTeX announced the launch of the IoTeX 2.0 white paper on the X platform. IoTeX 2.0 is developing a new roadmap, aiming to connect 100 million devices and release trillions of dollars of real value on the chain in the next 3-5 years, and is supported by a new token economics design. The 2.0 token economics balances inflationary staking rewards and usage-based deflationary destruction, while incentivizing DePIN dApps and L2 to utilize its modular infrastructure, and will expand the utility of IOTX, reward stakeholders based on their contributions, and promote IOTX to become the base currency in the DePIN field.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Two AI-focused Solana social startups closed funding rounds
A pair of fundraises by Tapestry and Oh both came with expansive ideas about the future of AI and the role of humans in it
Blockworks•2025/01/21 22:00
XRP Reaches Milestone Amid Growing Adoption After 500% Bullish Rally
Portalcripto•2025/01/21 21:11
Vitalik Buterin Asserts Sole Control in Leadership of Ethereum Foundation
Portalcripto•2025/01/21 21:11
SEC Creates Cryptocurrency Regulatory Task Force Led by Hester Peirce
Portalcripto•2025/01/21 21:11
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$106,421.44
+3.70%
Ethereum
ETH
$3,334.57
+1.51%
XRP
XRP
$3.18
+2.66%
Tether USDt
USDT
$1
+0.15%
Solana
SOL
$253.47
+4.27%
BNB
BNB
$692.43
+1.94%
Dogecoin
DOGE
$0.3740
+6.63%
USDC
USDC
$1
-0.01%
Cardano
ADA
$1.01
+0.11%
TRON
TRX
$0.2450
+2.66%
Bitget pre-market
Buy or sell coins before they are listed, including PLUME, J, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now