New IoTeX Launchpad for IDOs via LaunchZone Partnership

Other participants include HashKey Capital, Finality Capital, Hash3, STIX, MH Ventures, Sreeram Kannan of EigenLayer, Sandeep Nailwal of Polygon, and Kenny Li of Manta. OpenLedger focuses on building permissionless and data-oriented infrastructure for artificial intelligence development. The company plans to use this financing to expand the team and strengthen the data pipeline infrastructure, and is expected to launch the mainnet next quarter. XOOB announced the completion of $1.6 million in financing, with participation from Chromia, Mines of Dalarnia, Alice, etc., including $200,000 in Pre-seed round financing and $1.4 million in incubation financing in the form of IP.

The financing will be used to expand the R&D team and increase marketing and sales efforts to attract more top protocols and ecosystems. Pi Squared, a company that uses zero-knowledge technology to enable verifiable computation, announced that it has raised $12.5 million in a seed round led by Polychain Capital. Also participating in the round were ABCDE, Bloccelerate, Generative Ventures, Robot Ventures, and Samsung Next, as well as angel investors including Justin Drake of the Ethereum Foundation and Sreeram Kanaan, founder of EigenLayer. Pi Squared is led by Grigore Rosu, a professor of computer science at the University of Illinois at Urbana-Champaign.

The new financing will be used for further development of the protocol, including market expansion, team expansion, operating expenses, product development and innovation. In addition, as TGE approaches, Pac Finance is about to release the details of the Pac token airdrop. It is reported that Pac Finance, as a DeFi lending protocol in the Blast ecosystem, adopts the principle of non-custodial and permissionless operation, and its core functions include lending, swap transactions and staking. QED, a Bitcoin scaling protocol, has completed a $6 million seed round of financing exclusively invested by Blockchain Capital, bringing its valuation to “nine figures” (at least $100 million).

Token allocation

This includes but is not limited to developing a strategic approach, timeline, and overall project marketing and exposure. Phala Network and Theoriq join forces to integrate secure AI agents with blockchain tech, enhancing efficiency and security in Web3. “Joining forces to revolutionize decentralized AI agents on the blockchain. Phala Network and GM Network paving the way for innovative opportunities.” Ionet and Nesa are joining forces to accelerate AI innovation at the intersection of web3 and blockchain technology. The Delegated Proof-of-Stake framework gives stakeholders authority to elect a number of network nodes as block producers.

After their mainnet launch in the first quarter of 2019 they will swap the ERC20 IOTX for their own native IOTX tokens. IoTeX is the auto-scalable and privacy-centric blockchain infrastructure for the Internet of Things (IoT). IoTeX is bringing autonomous device coordination to the masses by “connecting the physical world, block by block”. The IoTeX Network is now running perfectly with 60+ global Delegates, but the work is not done yet! HOWEVER, if after 2 hours the allocation has not been fully filled, we will OPEN a FCFS round for EVERYONE to participate. Therefore all whitelisted and non-whitelisted users will have a maximum allocation of $500 to participate in this round.

Secure Hardware

IoTeX brings the power of blockchain to secure devices, NFTs, decentralized applications (DApps), or any kind of online transaction. After the announce of IoTex’s EVM layer 2 solution to Ethereum’s network, it became one of the fastest available networks at cost effective prices. We are very proud to take part of such an amazing journey and to be supported by incredible teams.

1. Cross-chain communication is also enabled by the Root Chain, which allows L2 chains to interoperate.
2. At the same time, the root chain will support cross-chain communication for all Layer 2 chains.
3. The company is also developing a “universal zero-knowledge circuit” to enable “trustless remote computing” and cross-blockchain smart contracts.
4. Iotexpad becomes the primary incubator for and native launchpad for all the leading IoTeX projects.
5. This P2E DeFi MMORPG combines the PvE, PvP, and GvG systems of traditional games with the P2E game mode and DAO governance concept of the Web3.0 era.
6. The scalability allows for large enterprise-based decentralized application to be run on the IoTeX blockchain.

As you can see on Coinmarketcap when checking to historical data for Iotx, you notice an increase in marketcap from $ 10 million to $ 17 million, starting February 1st. If you plan on investing in IOTX, or if you already have, the increase in token supply is something to take into consideration. We are thrilled to announce that IoTeX (IOTX) has been officially listed on Binance.US, one of the most trusted and user-friendly cryptocurrency exchanges in the United States. This innovation marks a significant step forward for DePIN, bringing autonomous AI agents into action to drive awareness, engagement, and innovation in decentralized networks.

Sponsored Crypto Projects

1. IoTeXPad provides a way through which new IoTeX projects can raise capital from a platform that is already used by most of the crypto world.
2. The new financing will be used for further development of the protocol, including market expansion, team expansion, operating expenses, product development and innovation.
3. Their mission is to build a decentralized trust fabric for a new era of collaboration and data exchange among devices, applications and people.
4. The TEX token holders will be incentivized with access to game-changing projects that are launched in the IoTeX network.
5. We will update the community on selected addresses on Telegram/Twitter after completion through a CSV file.
6. EDU Chain is the first Layer 3 blockchain designed specifically for education and will use the “Learn Own Earn” model to build a decentralized application ecosystem.

Solana ecosystem re-staking agreement Solayer announced the completion of the Builders Round financing. According to reports, Solayer is a Solana ecosystem re-staking protocol, which released the re-staking standard on Solana, namely Endogenous-Active Verification Service (AVS), in early June. IoTeX has a number of strategic partnerhips and investors, including the Blockchain Foundation and blockchain industry service platform Jinse. In June it announced a partnership with CertiK, a leader in formal verification and security of smart contracts.

Token Transfers

Nailwal said Sentient will be built on Polygon and may create its own chain through the Polygon Chain Development Kit (CDK). The company did not disclose the specific amount of this round of financing, but it is said to have reached “seven figures”. Each U2U subnet runs independently of the main network, which means that (1) even if the U2U main network is down, the subnet can continue to run without interruption. It is reported that U2U Network also announced a $1 million donation to promote the development of the DePIN industry.

Stay tuned for iotex pad ido more updates by following our official channels – we hope you’re as excited as we are to participate in the first crowdfunding campaigns on IoTeX. IoTeXpad will be whitelisting participants prior to the determined IDO date through a Gleam Competition. The $200,000 IDO will be split in half between OxBull & IoTeXPad community for maximum exposure. We are also proud to announce the launch of our website and our whitepaper can now be viewable. Part of our journey would be to bring you the best projects that are set to launch on iotex, and this is just the beginning. As we propel DePIN forward, our commitment is to onboard Delegates who share our passion for the DePIN mission.

Anagram led the investment, and Interop Ventures, Cosmostation and others participated in the investment. The scalability allows for large enterprise-based decentralized application to be run on the IoTeX blockchain. IoTeX’s mission is to drive end-to-end trust throughout the entire information life cycle in an IOT network, including iotex pad ido data collection, transport, storage, and utilization. The IoTeX Network uses Roll-DPoS consensus, where Delegates are elected by token holders to run consensus on behalf of the entire network. We also support NB-IOT and CAT-1M modules.We provide IoT Cloud connectiovity and mobile Apps. Each IoT DApp runs within one subchain and can communicate with other subchains via the rootchain.