IoTeX to Release Network3 on January 22nd

IoTeX will launch Network3 on January 22nd, introducing an Edge AI DePIN platform that scales AI training, inference, and validation.Network3 will feature the N3 TGE and airdrop. Refer to the official tweet by IOTX: Network3 launches TOMORROW. 🏁Built on IoTeX, is the leading Edge AI DePIN scaling AI training, inference, & validation.One of the most anticipated DePIN launches yet—don’t miss the N3 TGE and airdrop.Read more below. 👇 IOTX InfoIoTeX (IOTX) is an open-source blockchain platform specifically designed for the Internet of Things (IoT) with a strong emphasis on scalability, privacy, isolation, and the ability to develop decentralized applications and IoT ecosystems.IoTeX was created to address the technical challenges faced by existing IoT ecosystems, such as security issues, high maintenance costs, and scalability limitations. The project is developing a new blockchain architecture to support a large number of IoT devices.At the core of IoTeX is the concept of "blockchain within a blockchain." The main network, or "root blockchain," is responsible for network management and security, while internal blockchains, or "sub-blockchains," are used to manage various IoT devices and process transactions.The IoTeX network utilizes its native token, IOTX, for operations such as transaction fee payments and participation in network governance.