Cryptocurrency IoTeX is forecasted to undergo a steady increase in value over the next several years, with price predictions spanning up until 2030. On the development front, IoTeX 2.0, an upgrade to its L1 blockchain, is being launched to bolster modular infrastructure for DePIN projects. The update aims to enhance decentralized infrastructure through staking and governance, a game-changing move in the DePIN arena. IoTeX has secured a $50M investment to support this expansion into the next cycle.
Several new partnerships and collaborations have been announced, including joining forces with MVL and Nubila,, to enhance the DePIN ecosystem and raise funds respectively. Significant traction in the tech community has been made with OKX’s wallet adding support for IoTeX, making it compatible with 100+ chains. This development comes alongside IoTeX's preparations to host several key events and the launch of game-changing confidential computing hardware stack and an AI & Blockchain alliance. DePIN market capital has surged to $20 Billion with IoTex being the focal point. Following the procurement of the Ethereum Account Abstraction ERC-4337 Grant, IOTX surged in value as dYdX migrated to Cosmos to launch its decentralized order book.
IoTeX's recent rebranding to 'MachineFi' has fuelled a 200%+ rally to record-breaking ATHs. With the advent of IoTeX's IoPay Wallet integrating WiFi Map’s $WIFI Token, predictions indicate a promising return on investment for current and potential investors. The enterprise's commitment to creating a bridge between real-world activity and Web3 shows a dedication to progressive innovation in the market. This course is maintained by the debut of Ucam, an award-winning blockchain-powered security camera offering unmatched privacy and security.
IoTeX News Analytics from Thu, 22 Feb 2018 08:00:00 GMT to Wed, 11 Sep 2024 11:05:53 GMT - Rating 7 - Innovation 9 - Information 8 - Rumor -4