What is IoTeX?

Symbol: IOTX · Market cap rank: #532

Short answer

IoTeX (IOTX) is a cryptocurrency currently ranked #532 by market capitalisation. It is classified as L1.

Source: isthiscoinascam.com

Overview

IoTeX is a blockchain platform founded in 2017 that focuses on bridging real-world data to AI systems and decentralized applications. It supports over 100 projects and connects with approximately 40 million devices across various sectors, including mobility, robotics, energy, and health.

The platform offers a technical architecture that includes data, identity, and verification layers aimed at meeting the growing need for real-time data. IoTeX operates on its native blockchain and works with numerous partners in the tech industry. Further details on its governance model and supply cap are not specified in the source information.

Launched: 2017

Headquarters: Mountain View, California, USA

Scam-risk analysis

IoTeX has a high score, indicating low scam risk based on the available data. Is IoTeX a scam?

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