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<h1 id="iotex-101">IoTeX 101: The Backbone of DePIN and Physical AI</h1>

<p>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.</p>

<p>That’s the world IoTeX is building.</p>

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

<p>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.</p>

<h2 id="core-tech">Core Technology</h2>

<p>At the core of IoTeX’s technology are several important building blocks:</p>
<ul>
  <li>A high-speed Layer-1 blockchain that processes transactions quickly and securely.</li>
  <li>Quicksilver, a new framework that helps connect real-world devices to AI agents that can sense and react to the world.</li>
  <li>ioID, a decentralized identity (DID) system that gives smart devices verifiable identities on the blockchain.</li>
</ul>

<p>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.</p>

<h2 id="consensus">Roll-DPoS: Governance with Community</h2>

<p>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.</p>

<h2 id="metrics">The IoTeX Network Is Already Thriving</h2>

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

<h2 id="policy">Policy Leadership</h2>

<p>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.</p>

<h2 id="token">The $IOTX Token</h2>

<p>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.</p>

<h2 id="team">A Team That Builds</h2>

<p>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.</p>

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DePIN Scan: Learn about IoTeX