IoTeX Price for today is $0.004. Its current circulating supply is IOTX 10,000,000,000 with a market cap of $22,215,901.57.
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IoTeX stands for Internet of Trusted Things. The idea bind IoTeX is to develop a space (Internet actually) where physical users and virtual subjects will exchange information and value securely and at global scale. The project utilises Roll-DPoS (delegated proof of stake) consensus mechanism thus ensuring high scalability. Use cases include supply chain, renewable energy, biometrics and much more. Users can also build their own blockchains on the platform. There are several options to do so: set up a full node, run the node with One Simple Command and explore the full node.
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Check out the most recent IOTX coin exchange rate on ChangeNOW.
Staking and voting mechanisms on the IoTeX platform are performed with the help of its native token IOTX. Rewards to delegates are also given in IOTX. IoTeX ecosystem combines blockchain solutions, secure hardware and data services. So it’s a complex system which has a multi-layer (governance, operations and management) architecture at its core.