IoTeX Team

Sep 2, 2019

7 min read

IoTeX Project Updates #17 — July 26 — September 2, 2019

Greetings everyone! We are back with our Project Update Report №17 for 07/26–09/02 period. We have been continuing to work around the clock on our code in preparation for the upcoming Mainnet Beta launch, release of our own in-house trusted hardware products and a new roadmap. We have also continued to share our vision and communicated with our and external communities via AMA’s, which you can review at the end of this blog.

Tech & Development

As a company at the forefront of innovation, IoTeX is constantly refining its near-term/long-term vision to sequence the work in the most effective manner. We are proud to share the future of IoTeX with an overview of the IoTeX Platform and launch calendar for 2019–2020.

IoTeX is more than just blockchain. It is a decentralized IoT platform that combines blockchain, secure hardware, and data services components. Each component plays a unique and crucial role in the IoTeX Network, ultimately coming together to form unique foundational products for developers decentralized identity (DID), trusted data oracles, trusted computing, and IoT data marketplaces — which apply to all IoT use cases.

IoTeX Launch Calendar: 2019–2020

Please read the detailed blog post to find out more about our Roadmap and the products & services we are working on:

Mainnet Alpha continues to run smoothly after four months!

  • Getting close to 2 billion IOTX staked/voted (~50% of total circulating supply!)
  • >1.2 million transactions on IoTeX Mainnet and 2,750 epochs reached
  • 55+ Delegates from 15+ countries (and growing)
  • Successful expansion to 36 Consensus Delegates in July after network-wide vote
  • New software update v0.7.3 is now available for Mainnet (optional upgrade)
  • Welcome our newest Delegates: Hashquark, Hofan Crypto Capital, Hotbit Exchange, Link, PNP, Real Satoshi & IOSG, Core-Dev
  • New Delegates coming: Kucoin, Huobi Wallet, RockX, Nodeasy, and more!

Mainnet Beta — Target launch date: Sep 2019

Major features:

  • EVM upgrade w/support of solidity 0.5.x
  • Transaction confirmation latency improvement
  • Chain analytics
  • Cross-chain asset transfer
  • Separation of indexing/API from full node
  • Optimization of storage and sync processes

Other blockchain initiatives:

  • Continuous improvements to Explorer, SDKs, Codelabs, Documentation
  • Integration with other infra, such as Chainlink, NUSD and naming services
  • Mobile Wallets (Android/iOS)

Delegate of the Month (DOTM) Voting via Smart Contract

As we shared in our latest post, IoTeX is launching the Delegate Badges Program to make Delegate contributions, achievements, and commitments more transparent to the IoTeX community. The top 5 voted Delegates will be named DOTM. Each DOTM will receive 5 million votes from IoTeX Foundation + top placement on for one month, as well as a permanent DOTM badge on their voting profile.

We are proud to share the results of the first DOTM vote. The IoTeX community has spoken, and here are the top voted Delegates (including a 4-way tie for 5th place!):

The next DOTM vote will begin at the end of September, covering the months of August and September. Until then, be sure to stay up to date on all Delegates and follow our official channels for more announcements!

🎁 VitaMart is Officially Launched with Giveaway & VitaMall stores!

In the past 2 months since VITA launched, we are super excited to see thousands of you have been actively claimed, bid and played with VITA via various community campaigns. Hope you already accumulated quite an amount of VITA in hand! We are happy to announce the official launch of VitaMart with our first two sub-stores: Giveaway and VitaMall!

➡️ Check full details and instructions at ✅
➡️ View products at VitaMart: ✅ (
➡️ More about VITA: ✅ (

New Listings

Partnerships, Collaborations & other

HashQuark Joins IoTeX Ecosystem as a Delegate

Hashquark will join us to build a stronger IoTeX network — this is the first step towards a long-term collaborative partnership, working together to build the Internet of Trusted Things.

New Partnership: Bluzelle & IoTeX 🌎

IoTeX is partnering with Bluzelle, a distributed databases service provider, to optimize IoT storage and data performance!

➡️ Partnership details

Events I Meetups I Conferences

August 30 — Singapore

August 21 — 🇩🇪 Berlin, Germany

We have hosted the TOP Blockchain & IoT meetup of #BerlinBlockchainWeek w/our friends MXC (!

July 27 — Celebrating IoTeX Anniversary! 🎊@ IoTeX HQ

July 24 — Meetup @ the Lisk Center in Netherlands and meeting with IoTeX’s German Ambassadors!

Community & Campaigns

Bounty Campaign with Guarda Wallet

IoTrivia Game Series is coming to the IoTeX community!

We are excited to announce a community initiative where you can show your knowledge of IoTeX and earn tokens in the process! Introducing IoTrivia — a fun and educational competition that quizzes you on IoT, blockchain, and of course IoTeX! Check out the full blog for details:

🚨 NEW IoTalks w/ Band Protocol (

In this IoTalks, we talk all things Data Governance with Soravis, CEO of Band Protocol.

Livestream AMA — August 2 VIDEO & SUMMARY BLOG ▶️

AMA w/Asia Blockchain Review — August 15

AMA for Korean community w/Binance — August 15

AMA with HotBit — — August 8

IoTeX News

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If you are interested in becoming an IoTeX Brand Ambassador, please read this blog & complete the form.

About IoTeX

Founded as an open-source project in 2017, IoTeX is building the Internet of Trusted Things, where all physical and virtual “things” — humans, machines, businesses, and DApps — can exchange information and value at global scale. Backed by a global team of 30+ top research scientists and engineers, IoTeX combines blockchain, trusted hardware, and data services to power intelligent IoT networks and machine economies. By serving as a decentralized trust fabric, IoTeX will empower the future decentralized economy by “connecting the physical world, block by block”.

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