Burn-Drop Tokenomics v2 — XRC20 Airdrips & Boosted IOTX Drops

To bootstrap our vision for the Internet of Trusted Things and incentivize network growth, IoTeX launched Burn-Drop v1 in October 2020 where IOTX is burned and dropped for every new device (e.g., Ucam) registered to the IoTeX Network. To date, ~3,000 IoTeX devices are active across 55+ countries, which has fueled 180M+ IOTX (~$9M USD) Burned and 20M+ IOTX (~$1M USD) Dropped to token holders. With new devices like Pebble Tracker launching soon, the number of IoTeX devices will grow exponentially in the coming years.

⚡ ATTENTION: we have moved from Medium to our own hosted blog at iotex.io/blog⚡

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