[IoTeX Bytes] Monthly Update - July 2021

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Aug 10, 2021

🤖 Greetings IoTeX Community 🖖🏻

Being an IoTeX community member has never been more exciting! As we speak, IoTeX is surging in price, users, and awareness, setting the tone for an incredible second half of 2021. This is not just a random occurrence, but the confluence of new product launches, exchange listings, and global events that have brought IoTeX to the masses:

Our sleek new website was launched in early July with modern design, intuitive navigation, and the latest information on IoTeX.
$IOTX was listed on our first USA-compliant exchange, BitMart, as well as top global exchanges such as Bittrex and CoinEx.
IoTeX hosted an expert panel with Amazon Web Services (AWS), Consensus Networks, and BitMart viewed by hundreds of people.

With a 600%+ increase in new wallets in July alone, awareness of IoTeX is undoubtedly skyrocketing. But that’s not all — the pace of development from community builders and the core team is also increasing day-by-day.

IoTeX Mainnet v1.3 is LIVE — EVM Istanbul & Reduced Gas Costs

This past month our global Delegates unanimously upgraded to Mainnet v1.3, the next evolution of the IoTeX blockchain that introduces the latest EVM Istanbul for support of all Web3 DApps, minimized gas costs, and zk-SNARKs computations. Most importantly, IoTeX is now fully Web3-compatible which means users and developers can use their favorite Ethereum tools like MetaMask to interact with the IoTeX Network. With a thriving user-base and state-of-the-art technology, IoTeX is solidifying our position as the top blockchain & IoT network in the world. Read on for all the details on our action-packed July!

⭐️ Our new cross-chain bridge, ioTube v5, and cross-chain DEX, mimo v2, are now Web3-compatible and upgraded with a fresh new UI/UX. Cross-chain support for Polygon has also been added — the multi-chain future is coming!

🌈 The first NFT marketplace on IoTeX is finally here -- say hello to SOTA NFT Marketplace! With SOTA you can mint new NFTs and trade your existing IoTeX NFTs — learn how in our livestream demo with the SOTA Finance team.

🔑 Decentralized governance is coming to IoTeX! IoTeX has integrated Snapshot, the leading decentralized voting tool in the industry, which allows anyone to make proposals, vote with zero fees, and view voting history via IPFS.

🤖 Mass manufacturing is underway for Pebble Tracker, the latest “Powered by IoTeX” device that will seamlessly connect the real world to IoTeX DApps. Get the latest details on Pebble Tracker in our July progress update.

💻 IoTeX & Gitcoin co-hosted the GR10 hackathon in July, where we had the pleasure of working with 20+ dev teams that built fantastic Dapps and tools on IoTeX. Congratulations to our winners that went above and beyond!

1️⃣ The growth of IoTeX is captivating users and journalists alike. BTC Manager published “IoTeX is Eating IOTA’s Market Share with Mainnet v1.3”, which shows the world is ready for IoTeX to claim the Blockchain & IoT throne.

2️⃣ IoTeX was featured in Forbes — “Blockchain & IoT: The Next Frontier of Device Connectivity”. Authored by our Head of Growth, Art Malkov, this article explores the future machine economy that will be powered by IoTeX.

3️⃣ As we count down to the launch of Pébble GO, media publications like Crypto Economy & KultureHub are buying in to IoTeX’s unique “proof of presence” approach to mint NFTs based on real-world GPS data.

4️⃣ A human-centric future relies on owning our data. In our latest IoT for All op-ed, IoTeX co-founder Raullen Chai explains how IoTeX enables users to own and control their devices, as well as the data and value they generate.