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The open ecosystem for Real-World AI.

IIP-22 Proposes to Simplify IoTeX Domain Names

IIP-22 Proposes to Simplify IoTeX Domain Names

Web3 is getting easier with IoTeX Improvement Proposal 22: IoTeX Domain Name Service. Crypto addresses are frustratingly long, garbled strings like “lswli4yuofd8a0s” – a clunky mechanism that often leaves room for error when inputting. And as cryptocurrencies become mainstream, there will be a substantial market for Web3 addresses. IoTeX Name Service (INS) proposes to map human-readable names like “raullen.io” to lengthy crypto addresses, immensely simplifying the Web3 experience. Similar to
3 min read
IoTeX Core 1.11.0: A Significant Leap Forward

IoTeX Core 1.11.0: A Significant Leap Forward

The IoTeX Core Release 1.11.0 opens a new frontier for developers, introducing the much-anticipated IIP-13 (Represent Staking Buckets As Non-fungible Tokens) and IIP-14 (Account Abstraction via EntryPoint Contract) features. With overwhelming support from our community, these updates are set to revolutionize the way staking mechanisms and account operations are handled in the IoTeX blockchain. This new version features a crucial hardfork, set to be activated on the IoTeX mainnet at block height
2 min read
IoTeX X Port3 Co-Brand NFT Giveaway

IoTeX Teams Up with Port3 to Build Ecosystem Quest Platform

We are thrilled to announce that IoTeX has partnered with Port3! We are currently in negotiations regarding various aspects of collaboration, with a focus on integrating Port3's SoQuest and its diverse functionalities into IoTeX's products. This partnership aims to provide a robust and customizable task platform solution for projects within the IoTeX ecosystem, offering our users an attractive and thriving quest center at the same time. SoQuest, a leading web3 task platform, has developed Ques
2 min read
W3bstream’s Devnet Makes DePIN Building Faster
News

W3bstream’s Devnet Makes DePIN Building Faster

With the launch of W3bstream Devnet, IoTeX has massively reduced the amount of time, resource and investment required to build and develop DePIN (Decentralized Physical Infrastructure Networks) projects. Devnet does this by abstracting away multiple middleware layers into a single solution, meaning projects which once took years for a team to complete, can now be built by an individual in a matter of weeks- or even days. Coinciding with the launch of Devnet is W3bstream Studio, which further en
6 min read
W3bstream Devnet Release

W3bstream Devnet Release

W3bstream, developed by the IoTeX core team, is a cutting-edge computational infrastructure designed to revolutionize the way applications can verify and utilize real-world data to tokenize user behaviors in the physical world. W3bstream effectively acts as the underlying infrastructure for DePIN (Decentralized Physical Infrastructure Network) projects, driving innovation and collaboration in the web3 landscape. W3bstream Devnet We are excited to announce the W3bstream Devnet release, a signi
3 min read
Part III: A Totally New Design Space Powered by R3al-World Use Cases

Part III: A Totally New Design Space Powered by R3al-World Use Cases

DePIN is the world’s most ambitious startup sector, taking on web2 and realigning digital infrastructure to meet modern demand. But building a DePIN app requires a seven-layer tech stack spanning hardware and token economics. Thankfully, W3bstream abstracts multiple middleware layers into a single, uniform interface that cuts development time from years to weeks, opening up the DePIN design space.This series's third and final part explores how DePIN applications are startup ecosystems unto thems
4 min read
IIP-21: Why CIOTX on Ethereum is Beneficial

IIP-21: Why CIOTX on Ethereum is Beneficial

As recently announced, the IoTeX blockchain's governance community has voted to approve the IIP-21 to bridge the native IOTX from the IoTeX network to Ethereum and implement CIOTX (Cross-chain IOTX) token on Ethereum. This plan aims to improve our native token's utilization and demand in DeFi protocols on Ethereum and exchanges. The community participated quite extensively as 334 wallets registered to vote, representing 306 million staked IOTX with 73.77% voting in favor and the remaining 26.23
3 min read
Part II: The R3al World Engine

Part II: The R3al World Engine

“We emphasize a billion users coming into Web3, and for me that’s gonna come from real-world applications that are a part of daily life.” –Firdosh Sheikh, founder and CEO of DRIFE DePIN is a multi-trillion dollar opportunity addressing the base problems of society. But DePIN is hard. “[DePIN founders] have to build hardware, middleware, middleware for the hardware, software, and smart contracts,” says Raullen Chai. IoTeX has spent the last six years building the necessary infrastructure to make
5 min read
Part I: Driving Real World Adoption: DePIN first

Part I: Driving Real World Adoption: DePIN first

IoTeX was founded in 2017 to supercharge the decentralization and productivity of real-world technology. Six years later, physical devices are transitioning from centralized ownership to decentralized physical infrastructure networks (DePINs). With the launch of W3bstream, IoTeX is established as a DePIN leader and a catalyst for one of the most significant technical transformations of the decade; with a market size projected to grow to $3.5 trillion by 2028. In this three-part blog series, we
4 min read
Exploring Soulbound Governance on IoTeX

Exploring Soulbound Governance on IoTeX

Many industries are looking at Web3 as a promising solution to trust and transparency issues. A core benefit of Web3 is decentralized governance—consensus-driven decision-making and community participation—as demonstrated in IoTeX Improvement Proposals (IIPs). Decentralized governance can be challenging to manage as a blockchain network evolves, growing in size and complexity. Enter Soulbound Tokens or SBTs. SBTs are a new token standard that could improve governance models of blockchain net
2 min read
IIP-14 Proposes User-Friendly Web3 Onboarding

IIP-14 Proposes User-Friendly Web3 Onboarding

Across the growing industry, there’s an increasing demand for more user-friendly dApps that make Web3 more accessible. Account Abstraction has been a hot topic in the Web3 community for several years, but without a solid foundation, it simply couldn’t work. Account Abstraction is a powerful feature that can make IoTeX a more user-friendly and safe platform by improving ease of use while retaining optimal security—a significant design improvement over externally owned accounts (EOAs). By break
3 min read
IoTeX Now Rewards Community Members Who Participate in IIP Votes with SBTs

IoTeX Now Rewards Community Members Who Participate in IIP Votes with SBTs

IoTeX community members received Soulbound Tokens (SBT) for their recent participation in IoTeX's 13th Improvement Proposal (IIP-13) vote to support ether (ETH) liquid staking derivatives. In total, IoTeX distributed 123 to those who staked 141 million IOTX tokens representing 97% of the votes in favor of the IIP-13 to increase the IOTX staking ratio to enhance network security by expanding the number of validators that process transactions and maintain the blockchain. The proposal included na
3 min read
IoTeX and DIMO Partner to Drive the Future of Mobility in Web3
News

IoTeX and DIMO Partner to Drive the Future of Mobility in Web3

IoTeX continues to show leadership in the Decentralized Physical Infrastructure Networks (DePIN) sector with its fast-growing ecosystem, which is why we are so excited about the partnership with DIMO. IoTeX and DIMO are working to revolutionize mobility for the future. Integrating W3bstream, the first smart device-to-smart contract off-chain compute infrastructure, onto the DIMO network allows Web3 developers access to zero-party mobility data, unlocking the potential for groundbreaking automo
3 min read
IIP-13 Proposes Enhanced Security and Staking

IIP-13 Proposes Enhanced Security and Staking

A DeFining proposal awaits your approval—maximizing the upgradability, security, and flexibility of IoTeX. IIP-13 (IoTeX Improvement Proposal 13) clears the way for Liquid Staking dApps and interest-earning derivatives to flourish in the IoTeX ecosystem. By enabling new use cases for staked IOTX, this IIP can contribute to a more dynamic and versatile ecosystem, ultimately benefiting token holders and developers alike. By representing staking buckets as non-fungible tokens (NFTs), the IoTeX n
3 min read
IoTeX and Safe Integration

IoTeX and Safe Integration

Gnosis Safe is a popular Ethereum-based multi-signature wallet designed for teams and organizations to manage their digital assets securely. GS has been widely used by many decentralized applications in the web3 space and it has become the go-to tool for many developers wishing to add an extra layer of security in their products. IoTeX partner Protofire has deployed a Gnosis Safe fork on the IoTeX network for a tri-party collaboration to enable robust tools for the IoTeX developer ecosystem. G
2 min read
R3AL WORLD R3AL Meaning Behind the Branding

R3AL WORLD R3AL Meaning Behind the Branding

In case you hadn’t heard, we were at ETHDenver… where we held our own event: R3AL WORLD. It was a first for our DePIN sector and the first time the world got to see and experience our burgeoning sector in R3AL LIFE. Across the day, we had close to 1000 attendees walk through the door. The venue was packed from morning to close because the day was stacked full of engaging, inspiring, and experiential participation. Whether it was getting into the DIMO car, playing with the SmartPoint kiosk, part
4 min read
R3AL WORLD: 48 Hours at ETHDenver

R3AL WORLD: 48 Hours at ETHDenver

The atmosphere of R3al World was nothing short of electric. We packed immense energy inside the venue—12 demo projects, 24 investor pitches, three tech talks, and four panels captivated nearly a thousand attendees. Fifteen diverse speakers took the stage at R3al World, making it a sensational experience. Look behind the scenes with the highlights from our first ETHDenver event. The Day Before With our boots firmly on Denver ground, we wasted no time preparing for the event opening. Our t
4 min read
2023: A Massive Year for IoTeX
News

2023: A Massive Year for IoTeX

In the first AMA of 2023, we discussed how the reliability of IoTeX Layer One surpasses expectations and W3bstream’s eagerly-awaited debut, as well as plans for overhauling governance, introducing liquid staking, and refreshing tokenomics. We also revealed how MachineFi is becoming a reality and how our brand is evolving. Our Discord was energized, with community members sharing enthusiasm about the state of IoTeX and what's in store for this year. Let’s expand on a few AMA standouts to give
3 min read
SmartPoint.io and IoTeX Join Forces to Bring Attention to Web3

SmartPoint.io and IoTeX Join Forces to Bring Attention to Web3

Connecting the “real world” to Web3 is an ambitious endeavor. That’s why, alongside our award-winning Lab, we’ve built a global network of like-minded partners who share our mission to build scalable, sustainable infrastructure that’s as beneficial for individuals as it is for industry. In a first for W3bstream, we’ve joined forces with SmartPoint.io to connect millions of market-ready devices to the IoTeX network in a long-term plan to catalyze Web3 adoption. “SmartPoint.io is a commercial br
3 min read
IoTeX 2022: Year in Review

IoTeX 2022: Year in Review

What a year! 2022 was one of the most productive times in IoTeX's five-year history with monumental product releases, new world-class investors, game-changing partnerships, and rapid expansion of our global ecosystem. With widespread recognition that the "Real World ⇔ Digital World" sector is the next big thing, IoTeX is now at the forefront of a renaissance for Web3 and leading the charge to empower the decentralized machine economy for years to come. 2022 will be remembered as a bittersweet p
9 min read
What is a Trusted Execution Environment?

What is a Trusted Execution Environment?

A Trusted Execution Environment is one of those fundamental topics that doesn’t get enough attention in discussions on IoT / connected devices. There are many areas where the integrity of data and the ability to execute programs in a protected environment is of paramount importance. Having highly sensitive information such as passwords, private keys, etc. processed and stored in a Trusted Execution Environment (TEE) provides the most reliable IoT data. Data that needs the highest level of secur
4 min read
Connecting the Real World to Web3 - MachineFi Use Cases

Connecting the Real World to Web3 - MachineFi Use Cases

Over the past few years, Web3 has captured the attention of millions via DeFi, GameFi, NFTs, DAOs, and other use cases. However, we believe the key to mass adoption is connecting the real world to Web3 via the combination of blockchain and the Internet of Things (IoT). By using smart devices to prove users' real-world activities, people around the world can earn cryptocurrency by completing tasks in the physical world that improve their lives or benefit society. Unlike the digital-focused indust
6 min read
Why IoTeX is thrilled to join one of the world's largest open source software foundations

Why IoTeX is thrilled to join one of the world's largest open source software foundations

IoTeX is thrilled to announce it has become the only Layer 1 blockchain project to join the Eclipse Foundation (EF), one of the world's largest open-source software organizations. Our efforts there, led by Dr. Xinxin Fan, will focus on working with the foundation to develop a distributed open-source operating system for all consumer devices. "The Eclipse Foundation is thrilled to welcome IoTeX and its team of scientists, engineers, and cryptographers, and we are excited to see the Web3 open-sou
4 min read
Brace yourself for a world of exciting new dApps that will rock Web3

Brace yourself for a world of exciting new dApps that will rock Web3

We all know now that MachineFi Lab is IoTeX's core developer. Its brilliant scientists, cryptographers, academics, and engineers worked relentlessly for over a year to release W3bstream, the world's first off-chain compute infrastructure. It is an open, decentralized protocol that converts real-world data from devices into verifiable dApp-ready proofs to unlock rewards and income potential for users and businesses. This cleverly designed and uniquely developed technology has what it takes to di
4 min read

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