IoTeX, a decentralized Physical Infrastructure Network (DePIN) platform, has secured a $50 million investment to expand its ecosystem and integrate real-world data on blockchain. The platform aims to connect smart devices and real-world data to blockchains, enabling developers to integrate Web3 technology into everyday life. With a focus on modular infrastructure, privacy, and traffic-routing solutions, IoTeX has positioned itself as a key player in the ongoing evolution of DePIN.
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