IoTeX 101: The Backbone of DePIN and Physical AI

Imagine a future where your everyday devices — like your smart thermostat, a delivery drone, or even your city’s traffic lights — can connect directly to blockchains and AI, without relying on giant corporations or centralized systems.

That’s the world IoTeX is building.

Founded in 2017 in San Francisco, IoTeX has spent years developing the technology that brings the physical world onto the blockchain.

Today, IoTeX is known as the top modular infrastructure for DePIN (Decentralized Physical Infrastructure Networks) and DePAI (Decentralized Physical AI). These futuristic-sounding terms are actually pretty simple: DePIN is about building real-world networks (like Wi-Fi or environmental sensors) powered by everyday people, not giant corporations. DePAI is about giving these networks intelligent, real-time AI capabilities.

Core Technology

At the core of IoTeX’s technology are several important building blocks:

• A high-speed Layer-1 blockchain that processes transactions quickly and securely.
• Quicksilver, a new framework that helps connect real-world devices to AI agents that can sense and react to the world.
• ioID, a decentralized identity (DID) system that gives smart devices verifiable identities on the blockchain.

Together, these tools allow billions of smart devices to connect, share real-world data, and power decentralized apps (dApps) without relying on centralized servers or middlemen.

Roll-DPoS: Governance with Community

The IoTeX L1 uses a unique way to secure its blockchain called Randomized Delegated Proof of Stake (Roll-DPoS). In this system, people who own IOTX tokens can stake (lock up) their tokens and vote for delegates who help run the network. This makes IoTeX both secure and community-governed.

The IoTeX Network Is Already Thriving

• Over 150 million blockchain transactions have been processed.
• More than 20 million devices are connected to the network.
• 250+ projects are being built on IoTeX today.

Policy Leadership

IoTeX is also a strong voice for blockchain innovation in the legislative world. It's a major member of the Blockchain Association in Washington, D.C., with its Head of Ecosystem, Larry Pang, co-chairing the DePIN Working Group to advocate for crypto-friendly policies in the U.S.

The $IOTX Token

And if you're wondering about its token $IOTX — yes, it’s listed on major exchanges like Binance, Coinbase, and Kraken. This makes it easy for users around the world to get involved.

A Team That Builds

Backed by a global team of more than 60 engineers and researchers, IoTeX isn’t just imagining the future — they’re building it. Whether it’s decentralized geolocation or smart cities of the future, IoTeX is creating real-world blockchain and AI applications for everyone.