IoTeX logo
Website

IoTeX (IOTX)

ICO
IoTeX bounty

Crypto currency IoTeX is a digital token platform for collecting and storing information collected by devices connected to the Internet Things.

IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Overview

Project industryBlockchain Infrastructure

What is IoTeX

IoTeX decouple that state transition mechanism with the consensus canonicalization mechanism by throwing away concepts like blocks and chain. Instead, transaction issuers are also transaction approvers and transaction verification is constructed using a Directed Acyclic Graph (DAG) to make transaction fast and zero cost. This scheme is obtained by losing globally definite states, which make desired features like Simple Payment Verification SPV for light clients and smart contracts quite challenging.

The IoTeX project does not position itself as an ICO. The team abolished the token sale and decided to focus on building an active global community and regularly publishes programs for their remuneration. At the moment, they do Charity Programs (charity programs), where everyone can donate a certain amount of ETH and get bonuses.

Legal

Blockchain Platform: Ethereum

Token info

Ticker: IOTX

IoTeX Roadmap

1
May 2017

Kick off research on lightweight privacy-preserving techniques for blockchain.

2
August 2017

White paper writing.

3
November 2017

Design and prototype of key components.

4
April 2018

Testnet preview launch.

5
June 2018

Lightweight crypto lib preview launch; Testnet beta launch.

6
October 2018

Mainnet launch (w/ support of cross chain communication and lightweight crypto lib).

7
May, 2017

Kick off research on Lightweight privacy-preserving techniques for blockchain.

8
August, 2017

White paper writing.

9
November, 2017

Design and prototype of key components.

10
April, 2018

Testnet preview launch.

11
June, 2018

Lightweight crypto lib preview launch; Testnet beta launch.

12
October, 2018

Mainnet launch(w/ support of cross chain communication and lightweight crypto lib).

13
November, 2018

Subchain SDK preview launch; 1st Pilot DApp launch.

14
February, 2019

Lightweight client launch; Hardware-based security enhancement for IoT devices.

15
May, 2019

2nd Pilot IoT DApp on subchain launch.

16
June, 2019

Subchain SDK GA; Mainnet GA ( w/ support of transactional privacy).

17
October, 2019

Lightweight virtual machine (LVM) preview launch.

Project team

Xinxin Fan
Xinxin Fan
Head of Cryptography
Raullen Chai
Raullen Chai
Co-founder
Qevan Guo
Qevan Guo
Co-founder
Jing Sun
Jing Sun
Co-founder
Dustin Xie
Dustin Xie
Blockchain Engineer
Tim Pan
Tim Pan
Distributed Systems
Monika Hathaway
Monika Hathaway
Communication
Kyle Sykes
Kyle Sykes
Creative and MarketingAdvisors
Guang Gong
Guang Gong
IEEE Fellow
Jack Lee
Jack Lee
Co-Founding Managing Partner of HCM Capital
Fan Zhang
Fan Zhang
Founding Partner of Sequoia Capital China

Advisors

Guang Gong
Guang Gong
IEEE Fellow
Jack Lee
Jack Lee
Co-Founding Managing Partner of HCM Capital
Fan Zhang
Fan Zhang
Founding Partner of Sequoia Capital China

Social media

IoTeX web-siteIoTeX RedditIoTeX MediumIoTeX TelegramIoTeX LinkedInIoTeX X (Twitter)

Leave a Reply

Your email address will not be published. Required fields are marked *

Sponsored Crypto Projects

Newly Published