ioeX is the first blockchain-based business use case that solves real world problems.
Based on the above points, ioeX proposes a "Decentralized Peer-to-Peer Network" solution that combines Bootstrap nodes and Peer nodes to connect and communicate, creating a new direct communication network architecture based on the existing Internet. This safe, decentralized network will be built to enable equipment manufacturers, content providers, and even individuals around the world to create, store, and transfer content in a decentralized and distributed manner. ioeX will start with online updates as an entry point and will gradually add various general public and enterprise applications to enrich the ecosystem chain.
In addition, ioeX incorporates blockchain technology and is the issuer of cryptocurrency “ioeX coin” in order to provide rewards and incentives for relay and storage devices. This currency system will also encourage brand owners, solution integrators, CPU vendors, and ODM vendors to adopt this business model.
ioeX is accelerating the construction of a “Decentralized Peer-to-Peer Network” eco-chain, and has received support from a number of vendors, solution providers, and equipment vendors. Currently it is forming a new type of network topology for traditional Internet applications, bringing massive benefits for traditional Internet application and IoT landing uses.
Due to the increased demand for online updates of applications on M2M connections, and applications such as software and firmware systems that require greater bandwidth and lower latency, network traffic has grown faster than the number of connections.
If the calculation is based solely on the AWS rate of US$0.1/GB, temporarily ignoring the basic cost of the server itself, the equipment cost caused by load balancing (floating fee per hour), labor costs, and the cost of geographical location, on average, data transmission fees per month will add up to more than US$1.5 billion, valuing the M2M traffic market at US$18 billion a year
Replacing the costly Relay Server and OTA Server solutions, ioeX employs the Decentralized Peer-to-Peer Network to fix the above problems. ioeX aims at lowering or even eliminating the enormous costs and expenses associated with network connections, file storage and access.
The Decentralized Peer-to-Peer Network used by ioeX (referred to as "Carrier" in this chapter) was built on Elastos. ioeX is an application extension of Elastos, and is part of its ecosystem. However, it will also focus on enterprise landing applications. In addition to developing general user application functions such as communications and personal cloud storage, ioeX also develops application functions at the end of the enterprises to meet the needs of business users, thus expanding the Carrierfunctionalities suitably. ioeX will continue to integrate future Elastos RT functions, such as P2P network, ID recognition and others.
|Round||Token Price||Bonus||Min / Max Purchase||Soft Cap||Hard Cap|
Crowdfunding Round —
Pre-sale Round —
|NA||3% - 5%||-||Uncapped||Uncapped|
Private sale —
12 Jul 00:00 UTC
Release of basic service SW of ioeX P2P network Messages and files can be sent by single-peer-to-single-peer and single-peer-to-multi-peer.
Import ioeX P2P network function into IoT box and its remote Zigbee control APP.
Import ioeX P2P network function into AI Smart Speaker and its remote control APP
Android/iOS/Linux/Windows version of ioeX P2P network function are ready.