Coin98 Integrates IoTeX Network for Seamless DePIN Access


Coin98 Integrates IoTeX Network for Seamless DePIN Access

  blockchainreporter.net 13 July 2024 16:32, UTC

Coin98 has integrated the IoTeX Network into its platform, recognizing the growing interest in the Decentralized Physical Infrastructure Networks (DePIN) segment. IoTeX is a modular Web3 infrastructure platform. It connects smart devices and real-world data to the blockchain. This integration is available in the latest versions of Coin98 Super Wallet and Coin98 Extension. As a result, it makes it easier for users to explore Web3 opportunities.

Coin98 Super Wallet now integrates @iotex_io – the modular infrastructure for DePIN, allowing even the smallest of teams to build scalable DePIN applications and thus cultivating a widespread ecosystem of diverse applications that will integrate into everyday life for millions of… pic.twitter.com/4Sm83CRhAq

— Coin98 Super Wallet (@coin98_wallet) July 13, 2024

IoTeX to Launch Enhanced 2.0 Version in July

It is important to note that DePIN lacks any other modular infrastructure platform that is specifically dedicated to connecting smart devices and real-world data to blockchains other than IoTeX. W3bstream is the middleware solution at the platform that validates and incorporates real-world data on the blockchain. This feature provides the levels of modularity and flexibility required by builders to achieve the scale needed for the broad market.

IoTeX unlocks fresh and new rewards from devices and off/on-chain actions, converting personal devices into shared economies as well as the ‘data of everything. On the basis of these developments, IoTeX is expected to release IoTeX 2.0 in July with better user experience.

The integration with IoTeX helps Coin98 users quickly exchange tokens on this blockchain. Holders are able to interact with numerous decentralized applications (dApps) on IoTeX and increase their Web3 experiences. Moreover, users have an option of engaging with the DePIN Liquidity Hub, which opens various possibilities.

Coin98 Users Gain Access to IoTeX’s Innovative Technologies

Coin98 helps users get access to various opportunities existing in the Web3 space by constantly incorporating new blockchains. The integration of IoTeX into Coin98’s platform is a testament to its desire to constantly remain relevant and provide users with the most innovative technologies existing in the field.

In addition to making IoTeX’s features easily accessible for Coin98 users, it also helps in promoting the general usage of DePIN technologies. With the increase in interest in using DePIN, Coin98 and IoTeX partnership will help in enabling adoption of Web3 solutions to the masses.

Lastly, integrating IoTeX Network into the ecosystem of Coin98 is an important advancement for users to access leading DePIN opportunities. As IoTeX 2.0 is on the way, users of Coin98 will be able to get better experience and more opportunities in changed landscape of Web3.

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