IoTeX to Host DePIN Demo Day at ETHDenver for Cohort 1 of $5M Future Money Group & IoTeX-Funded DePIN Accelerator Program

Claire Biasco

Feb 21, 2024 • 2 min read

The DePIN project showcase will be part of IoTeX's R3al World event that includes talks from Borderless, A16z, Helium, SamsungNext, EV3, IoTeX, and others.

IoTeX, a DePIN modular Web3 infrastructure platform connecting smart devices and real-world data to blockchains, will host R3al World, the largest DePIN event during ETHDenver on Wednesday, February 28, 2024 from 10:00 AM - 8:00 PM MST, which includes announcements and talks from Borderless, A16z, SamsungNext, EV3 and IoTeX, as well as a showcase of cohort 1 of the $5M Future Money Group and IoTeX-funded DePIN Accelerator Program.

The showcase will feature demos by DePIN (Decentralized Physical Infrastructure Networks) projects Geodnet, Streamr, Ator, Exabits, EMC, Tableland, Powerpod, Network3, Inferix, Starpower, Wayru, Dephy, Acurast, and others with interactive experiences demonstrating how Web3 will integrate into everyday life through physical devices like vehicles, servers, hotspots, mobile, wearables, and more.

Jing Sun, Co-Founder and Head of Investment of IoTeX, said, “The richness of the ever-growing DePIN ecosystem presents an exciting opportunity for startups to innovate and bring verified, real-world data on-chain. As a modular infrastructure, IoTeX fast-forwards the growth of projects building with us. Events like R3al World and our DePIN accelerator program act as catalysts, encouraging more projects to join our ecosystem and reaffirming that DePIN is built on IoTeX.”

To learn more about the R3al World DePIN event and register to join, please visit this link.

For media inquiries, please contact Phil LeRoy at (310) 260-7901 or Phil(at)MelrosePR(dot)com

About IoTeX

IoTeX is DePIN’s modular Web3 infrastructure platform connecting smart devices and real-world data to blockchains. It empowers developers to integrate Web3 into everyday life through innovations in connected vehicles, city mapping, green energy initiatives, super-charged fitness platforms, environmental data tracking, proof-of-presence applications, proof of humanity, and more. With the launch of W3bstream, the world's first zk off-chain compute framework for smart devices and real-world data, IoTeX has become the leading Decentralized Physical Infrastructure Network (DePIN) technology provider, enabling vertical innovations for machines, humans, businesses, and dApps to interact with trust and privacy. Backed by a global team of 60+ research scientists and engineers, IoTeX combines its EVM-compatible L1 blockchain, off-chain compute middleware, and open hardware to connect billions of smart devices, machines and sensors and dApps across the physical and digital world.

About IoTeX

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