IoTeX

IoTeX Launches $100M Fund for Web3 Economy
IoTeX Launches $100M Fund for Web3 Economy

IoTeX has launched its $100 million Sustainable Ecosystem Fund. The said fund will support developers across DeFi, NFTs, DAOs, MachineFi, and more. IoTeX price is currently at $0.093, according to CoinGecko. IoTeX Foundation has announced that it will be allocating $100 million for its Sustainable Ecosystem Fund. According to an announcement, this fund will support developers across various blockchain sub-sectors including DeFi, NFTs, DAOs, and more. Of course, the fund is only available for projects within the IoTeX ecosystem. The blockchain network aims to bolster its Web 3.0 machine economy by supporting promising projects and onboarding billions of smart devices.

IoTeX Announces Mainnet v1.3 Upgrade
IoTeX Announces Mainnet v1.3 Upgrade for July 22

IoTeX is launching its mainnet v1.3 upgrade on July 22. The upgrade will add dApps and reduce gas fees on the network. Also, the upgrade will make IoTeX more secure with zk-SNARKs and zk-STARKs. Internet of Trusted Things (IoTeX) recently announced the launch of EVM Instabal, its mainnet v1.3 upgrade.  According to a recent tweet, the launch will be on July 22, 2021, at around 2 p.m UCT. Notably, v1.3 will deploy at block height 12,289,321. Notably, this will be a hardfork upgrade that will add Web3 dApps, reduce gas fees and add zk-SNARKs computations to IoTeX. The EVM upgrade

IOTEX-Burn-Drop
IoTeX Launches Burn-Drop v2 as it Hits 3000 Devices

IoTeX successfully recorded over 3000 devices on its platform Burn-Drop v2 IoTeX upgrade officially launched IoTeX, the network designed to develop privacy-protecting smart devices, has successfully recorded over 3000 devices on its platform. At the same time, IoTeX also officially launched its Burn-Drop v2 tokenomics major upgrade. Indeed, these current achievements of the network bring excitement to all the network’s participants. These events made the team behind IoTeX react: To make the event even more special, IoTeX is hosting a special kickoff campaign called Airdrip IGNITE. As a result, all eligible stakers will have the chance to receive $100k worth