IoTeX 2.0 Integration with AggLayer
IoTeX 2.0 will integrate with AggLayer to facilitate cross-chain communication and liquidity within the DePIN ecosystem. This partnership was announced by Raullen Chai, the CEO and co-founder of IoTeX, at the R3al World event in Singapore on September 17.
Polygon Projects Utilizing IoTeX Infrastructure
AggLayer, a decentralized service connecting blockchains, enables projects on different chains to distribute rewards programmatically. This infrastructure not only promotes efficiency but also scales the $19.7 billion DePIN market. Several projects on Polygon, including GEODNET and DIMO, have integrated IoTeX technology to leverage its capabilities.
IoTeX 2.0 Launch and Partnerships
IoTeX released its IoTeX 2.0 whitepaper in July 2024, with a focus on accelerating DePIN adoption through a modular blockchain network. The launch partners for IoTeX 2.0 include Near Protocol, Filecoin, RISC Zero, OKX, Axelar, and The Graph, signaling a collaborative effort towards blockchain innovation.
