The IoTeX Chinese community posted on Twitter that in the past year, the IoT blockchain platform IoTeX Foundation has awarded nearly one million US dollars in development grants to 15 projects based on the IoTeX blockchain network. Most of the funded projects are cutting-edge Web3 projects focusing on the DePIN (decentralized physical infrastructure network) field.
It is reported that the funded projects include the decentralized data collection network Elimicate, the environmental data tracking and analysis platform enviroBlOQ, the decentralized weather data collection solution Ahoy developed for shipping, the decentralized domain name intelligent resolution service EDNS, the decentralized on-chain funding management platform Questbook, WEconomy, DriveX, myJeenie, Footprint, TRANSHUMAN, Switch Electric, Mindland and other projects.