IoTeX (IOTX)

$0.036

+3.02%

Keep an eye on IoTeX (IOTX) with live charts and instant updates. Get a complete overview of the IOTX market, learn how to trade cryptocurrencies, and dive into the evolving world of digital finance. Explore key factors impacting IOTX prices with detailed news coverage and expert market insights.

IoTeX (IOTX) Price Real Time-Data

The live price of IOTX is $0.036 with a 24-hour trading volume of $27.5M. Its 24-hour peak value is $0.039, and its 24-hour low is $0.035. The current circulating supply is 9.44B IOTX, out of a maximum of 10B IOTX, leading to a fully diluted market capitalization of $345.77M. IoTeX (IOTX) to USD price is updated in real-time.

What is IoTeX (IOTX)?

IoTeX (IOTX) is a decentralized platform launched in 2017 that aims to create an open ecosystem where people and machines can interact with trust and economic incentives. It supports the development of self-sovereign devices and connects the physical world with blockchain technology.

Learn more about IoTeX (IOTX)

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FAQ

Who are the founders of IoTeX (IOTX)?

IoTeX was founded by Raullen Chai, Qevan Guo, Xinxin Fan, and Jing Sun. Raullen Chai previously led crypto R&D at Uber, while Qevan Guo worked as a research scientist at Facebook. Xinxin Fan was a senior research engineer at Bosch, and Jing Sun is also a managing partner at Sparkland Capital.

How many IoTeX (IOTX) are there?

The total supply of IOTX is designed to decrease over time through a unique economic model called Burndrop, which reduces the supply as more devices join the IoTeX network.

What are the potential use cases for IoTeX (IOTX)?

IOTX is used to govern the IoTeX blockchain, serve as gas for transactions, and power decentralized applications (DApps). It also enables real-world data oracles, smart home devices, and autonomous vehicles, creating a decentralized machine economy.

What is the history of IoTeX (IOTX)?

IoTeX started as an open-source project in 2017 and launched its mainnet in April 2019. It has since built a robust blockchain ecosystem, including tools like ioPay wallet and ioTube bridge, and has integrated with major blockchains like Ethereum and Binance Smart Chain.