IoTeX, Moonchain, and Drop Wireless Form Strategic Partnership to Revolutionize DePIN Mining with Multi-Protocol Interoperability

IoTeX, Moonchain, and Drop Wireless announce a strategic partnership.

First collaboration between Layer 1 and Layer 3 blockchains for LoRaWAN network decentralization.

Drop Wireless to utilize IoTeX’s Layer-1 blockchain for scalability and go-to-market initiatives.

Integration of IoTeX’s W3bstream DePIN-Rollup layer and ioPay wallet.

Drop Wireless expands user base by joining Moonchain Network.

Introduction of interoperable cross-chain mining system within the DePIN landscape.

Utilization of IoTeX’s ioID and Moonchain’s PIN for device identity registration.

Deployment of gateways capable of crypto mining for network expansion.

Quotes from IoTeX, Moonchain, and Drop Wireless highlight the significance of the partnership.

Moonchain provides services bridging Web 2.0 hardware products and Web 3.0 capabilities.

IoTeX offers comprehensive DePIN infrastructure with significant on-chain assets and user base.