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IoTeX Enters A Strategic Partnership With Mycelium Networks

Twitter icon  •  Published 2 years ago on September 11, 2023  •  Hassan Maishera

The IoTeX team announced via a blog post on Friday that it has partnered with the leading DePIN Testbed provider Mycelium Networks to enable IoTeX projects to undergo real-world trial and fine-tuning.

IoTeX Enters A Strategic Partnership With Mycelium Networks

The IoTeX team announced via a blog post on Friday that it has partnered with the leading DePIN Testbed provider Mycelium Networks to enable IoTeX projects to undergo real-world trial and fine-tuning.

The IoTeX and Mycelium partnership will help ease the founder's journey and reduce time-to-market for new DePIN applications. Furthermore, IoTeX’s partnership with Mycelium means that the growing number of DePIN founders who rely on IoTeX now have a built-in testbed to stress-test their proof-of-concepts and hardware. The Testbed also augments IoTeX’s ecosystem by assuming the role of an incubator – not only for IoTeX launchpad projects and products but also for refining market strategies through controlled experimentation.

IoTeX's mission is to be a privacy-centric blockchain managing the entire information lifecycle of an Internet of Things (IoT) network, including data collection, transport, storage, and utilization. IOTX is up by 3% so far today and is currently trading at $0.01509.  

 

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Hassan Maishera Senior Reporter

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.