The below IoTeX price chart tracks the price of IoTeX against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.
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$578.5M
$41.9M
9.4B IOTX
10.0B IOTX
✓Cross-blockchain communication ✓Blockchain powered internet-of-things (IoT) ✓Scalable
IoTeX set out to develop a “reimagined” Internet of Things, powered by a decentralized network where users and IoT devices can exchange information with security and transparency. To accommodate the rapidly growing number of IoT devices in the world, IoTeX has made its network fast, secure, and interoperable so it can scale globally. This is possible thanks to their Roll Delegated Proof-of-Stake consensus, Layer 2 Chain architecture and built-in security techniques.
IOTX is the native token of the network and serves to provide decentralized governance for token-holders. It's also used as both an incentive and payment mechanism on the network. Since launching their mainnet in the first half of 2019, IoTeX’s mission has been to maintain an “end-to-end” trust for data on the network.
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