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The IoTeX community has voted to support IoTeX's Improvement Proposal 15 (IIP-15) for Sharing Gas-Fee with dapps (SGD)

In the rapidly evolving Web3 space, the success of any blockchain platform hinges on the creativity and ingenuity of its dApp creators. Recognizing developers' pivotal role in driving adoption, the IoTeX community has voted massively in favor of IoTeX's Improvement Proposal 15 (IIP-15) for Sharing of Gas-Fee with dApps (SGD).

In a significant development for the blockchain industry, IoTeX's community has overwhelmingly voted in favor of Improvement Protocol 21 (IIP-21), paving the way for bridging IOTX, the native coin of the IoTeX network, to Ethereum. The proposal received overwhelming support from the IoTeX community, with a final tally of 306 million IOTX (73.77%) voting in favor of the bridge, while 109 million IOTX (26.23%) opposed the proposal.

Nearly 400 IoTeX community members voted 99.2% in favor of IoTeX's Improvement Proposal 14 (IIP-14)

The price of IOTX, the native token on the IoTeX network, has been on a bullish trend since mid-March. The token took a hit in February 2023 and its price dropped to about $0.22 by the start of March.

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Enabling drivers and fleet operators to own and monetize their connected vehicle data IoTeX continues to take demonstrate why it is the leading DePIN technology provider DIMO puts vehicle owners back into the drivers' seat offering enhanced mobility services IoTeX and DIMO are working to improve the driver and fleet operator experience for millions of vehicle owners worldwide. To kick off the partnership, IoTeX will build a W3bstream integration on the DIMO network and to invest in reducing the cost of the DIMO Hardware for users.

A newly passed improvement proposal will add native support for representing staking buckets as NFTs on the IoTeX blockchain.

IoTeX has joined the Eclipse Foundation, one of the world's largest open-source software organizations, and will contribute to the Oniro Project working group to develop a distributed open-source operating system for all consumer devices.  IoTeX is not only the first Layer 1 blockchain project to join the EF but also the first one which explores how to integrate Web3 components into the operating system layer of IoT devices as additional services and modules.

US multinational tech firm Google is increasingly getting involved in all aspects of the next iteration of the internet known as Web3, including a recent partnership with Coinbase to launch a crypto payment pilot program and expand its blockchain ecosystem. Its most recent move into the space is the launch of its Web3 Chats hosted by Raphael Hyde, which debuted with a very interesting conversation with IoTeX CEO and Founder Raullen Chai.

In an interview with Draper University's podcast, Jing Sun, the co-founder of IoTeX revealed her life changing moment in blockchain.

  Nesten and IoTeX join forces to build the world's most scalable and secure Web3 wireless network The DeWi startup says migration and adoption of W3bstream significantly facilitates its position as a leading Web3 wireless network Nesten, a community-driven wireless network provider based in California, has decided to migrate away from their Layer 1 Ethereum-based blockchain to IoTeX's more scalable, secure, and EVM-compatible multi-chain. The two startups have joined forces to build the world's largest, most scalable and secure Web3 wireless network.

GIANT Protocol and IoTeX have joined forces to accelerate the trillion-dollar Web3 machine economy and provide decentralized IoT eSIM connectivity in 155 countries.

From its inception in late 2017 to date, IoTeX has evolved significantly. Five years ago, several scientists and a VC expert came together to create what would become one of the world's most advanced IoT blockchains.

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Roger Crook, a former DHL Global Forwarding Freight CEO, says Web3 would become the new standard across the shipping and logistics industry. Danny Weinberger, Morpheus.Network Co-Founder & CEO, says blockchain could increase international trade revenues by about 10%.

Despite the crypto market's poor performance, the IoTeX is up 3.32%, extending its winning streak, and is now trading at around $0.

The California-based venture capital firm invested in MachineFi Lab, IoTeX's core developer, because of its potential to unlock data value for users in ways never before seen For several years now, experts around the globe have agreed that data has become the most valuable commodity worldwide. In 2017, The Economist wrote that "the world's most valuable resource is no longer oil, but data.

Digital asset firm Gemini noted that they're pleased to announce support for a new set of crypto tokens.

IoTeX is an all-encompassing IoT-focused blockchain that's currently outperforming competition as per a Messari Research report.

The leading provider of crypto market intelligence also said IoTeX aims to bridge the Web3 gap by establishing a single version of the truth for real-world activity IoTeX enables devices to capture and ingest what happens in the physical world to communicate these events to Web3 dApps Messari, the leading crypto market intelligence provider, released an in-depth report saying IoTeX's Web3 efforts are unparalleled. "There are currently no other blockchain IoT projects as encompassing as IoTeX," the firm's report adds.

Kavan Canekeratne, Draper Dragon Senior Associate, whose company is significantly bullish on Web3 projects like IoTeX and its MachineFi vision, said his investment firm believes many projects have failed tokenomics and should focus on making them sustainable. Web3 is here to stay.

Citi Group calls the merge the most significant in crypto history since bitcoin launched JP Morgan analyst say that thanks to the merge, crypto has found its floor The news comes ahead of MachineFi Lab's historic W3bstream launch IoTeX and its core developer MachineFi Lab have announced they are prepared to fully support the Ethereum Merge, which could happen as soon as 19 September 2022. IoTeX is among several other blockchain projects that have come forward, announcing its solidarity with Ethereum's Proof-of-Work (PoW) to Proof-of-Stake (PoS) switch.

Ankr and IoTeX meet on Twitter Spaces to discuss the future of IoT and how with blockchain technology, IoTeX can enable "all of us" to own our machines and data We all produce data constantly, even unsuspectingly, as all smart devices and machines are built to gather data for profit. A Domo report states each person generated 1.7 MB every second in 2020.