IoTeX is an ecosystem based on blockchain technology to ensure the protection of information in the field of the Internet of Things with open-source code in the GitHub repository. The IoTX coin has a number of distinctive features: there is a burning mechanism, it is used not only by people, but also by smart devices, acts as an incentive and has a limited emission.

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Tokenomic Innovation: Sharing Gas Fees with Developers

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💸Sharing of Gas Fees with Developers (SGD) is a potentially revolutionary approach to tokenomics that incentivizes smart contract creation. 

Dive into how protocols like @ethereum , @NEARProtocol , @FantomFDN and IoTeX are exploring / implementing SGD.

https://t.co/bDYzthqM08

By @RichhomieconE