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IOTX ERC20

IOTX ERC20

IOTXE
#608
$0.004250Down 4.71 percent($0.00)

Key Stats

Market Cap$13.82MDown 4.71 percent
Volume (24h)$27.58K
Fully Diluted Value$13.82M
Vol/Mkt Cap (24h)0.20%
Total Supply3.25B IOTXE
Max Supply∞
Circulating Supply3.25B IOTXE
Launch Date2018-05-21
Built OnETH
Token StandardERC20
Smart Contract Address0x6fB3…4d69
Decimal Places18

IOTX ERC20 Information

Websites
iotex.io

IOTX ERC20 Price Converter

IOTX ERC20IOTXE
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IOTX ERC20 Markets

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InstrumentExchangeBenchmark DataPrice24h Change
IOTX ERC20USD logo
IOTXE-USD
IOTX-USD
coinbase logocoinbase
AA
0.004370USD
-0.68%

IOTX ERC20 Supported Platforms

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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
IOTXERC20ETH0x6fB3e0A217407EFFf7Ca062D46c26E5d60a14d692018-05-21

About IOTX ERC20

IOTX ERC20 is the original Ethereum-based version of the IOTX token, issued before the IoTeX mainnet launched in 2019. It was used for early token distribution, trading and some staking and governance functions while the native IoTeX blockchain was under development. After mainnet launch, IoTeX introduced native IOTX for network functions such as transaction fees, staking and validator rewards. The ERC20 version, also known as IOTX-E, remains distinct from native IOTX and can be moved towards the IoTeX network through supported migration and bridging mechanisms.

Frequently Asked Questions

IOTX ERC20 is the original Ethereum-based version of the IOTX token. It was issued as an ERC20 token while the IoTeX blockchain was under development and before its mainnet became available.

IoTeX began developing its own blockchain in 2017. During this initial phase, issuing IOTX on Ethereum allowed the project to distribute the token and support trading before users could hold IOTX directly on the IoTeX blockchain. IoTeX launched its mainnet in 2019 and later introduced the native IOTX coin for use on its own network.

The ERC20 version is sometimes referred to as IOTX-E to distinguish it from native IOTX. Following the mainnet launch, IoTeX began moving from the Ethereum token to the native coin through token swap and bridging mechanisms.

This page refers specifically to the original ERC20 form of IOTX issued on Ethereum, not the native IOTX asset used on the IoTeX blockchain.

The IOTX ERC20 token was mainly used for the initial distribution and trading of IOTX before the IoTeX blockchain was fully operational. It provided an Ethereum-compatible version of the token during the project's early development phase.

The ERC20 token was also used in parts of IoTeX's early staking and governance processes before these functions moved to the native IoTeX blockchain.

IOTX ERC20 is not the native gas asset of the IoTeX blockchain. Network functions such as paying transaction fees, staking and validator rewards use native IOTX.

The ERC20 version can be transferred through supported migration and bridging mechanisms into assets compatible with the IoTeX network.

IoTeX was founded in 2017 by Raullen Chai, Qevan Guo and Jing Sun. Xinxin Fan also joined the project during its early development and has been identified by IoTeX as part of the founding team.

The team developed IoTeX as a blockchain network focused on connecting blockchain systems with devices and machine-generated data. The ERC20 IOTX token was issued during this development period as the original form of the project's token before native IOTX became available on the IoTeX blockchain.