Spoon provides the gateway for developers to import ABIs of smart contracts and quickly build a dApp UI. It is also the way to demo any dApp on any chain with less gas fee. IoTeX, one of the chains that Spoon supports now, was founded as an open-source platform in 2017 with a vision for the Internet of Trusted Things, a decentralized ecosystem where humans and machines can interact with guaranteed security and trust.
IoTeX Explained
IoteX is a decentralized network of users, developers, and businesses that control and use the IoteX platform collaboratively. IOTX is a utility token that powers IoTeX, a platform that connects Internet of Things devices such as cameras or sensors with decentralized apps. IOTX can also be used to pay for transactions, stake and manage the IoTeX network, and register new devices., The IoteX blockchain drives actual products, such as the Consumer Electronics Show blockchain-powered cameras and the pebble geo gadget, which is ideal for supply chain optimization in any sector., IOTX currently powers an ever-growing community of smart devices, DApps, and digital assets as an EVM-compatible “layer 1” blockchain solution. The IOTX coin powers network transactions and smart contracts, and it also allows anybody to become a stakeholder in the IoteX Network.
Since April 2019, the IoteX mainnet has been operating glitch-free and is managed decentralized by 60 Delegates, including Blockfolio, CoinGecko, and DraperDragon. It also has a global community of over 100,000 people from over 100 countries who are united by a common vision for the Internet of Trusted Things., Any good project should have a strong foundation. For IOTX coin holders, this may be great news as the company was launched in 2017 as an open-source platform with the goal of creating a decentralized environment where humans and machines may communicate with assured security and trust.,
Unlike many other coins on the market, IoTeX has a solid value offering and mission behind it. It aims to make it possible for ordinary people and companies to own and operate their devices, as well as the data and value they create. IoTeX aims to democratize access to machine-backed DApps, assets, and services by linking the physical and digital worlds, delivering value to users, and fueling the new machine economy., IoTeX is based on the concept of IoT. The Internet of Things links our different aspects of our environment in new ways and makes everything around us connected easily to the internet. In the upcoming years, IoT is going to dominate the world and IoTeX may play a major role in this transition. The aim of IoTeX is to create a borderless environment in which humans and machines may interact with guaranteed trust, freedom, and privacy.,