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docs/depin_specs/sensor_networks/iotex.md
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# Iotex
## Overview
Iotex is a decentralized project that...
Iotex is a decentralized IoT platform that allows users to connect and manage IoT devices in a secure and efficient manner. It leverages blockchain technology to create a more reliable IoT ecosystem.
## Key Features
- **Currency:** [Token Name]
- **Buying Currency:** Available on [Exchanges].
- **Currency:** IOTX (Iotex Token)
- **Buying Currency:** Available on exchanges like Binance and Coinbase.
- **Utility:**
- [Describe utility].
- [Describe staking or rewards].
- Used for network transactions and incentivizing IoT device management.
- Staking rewards for network validators.
- **Automation:**
- [Describe automation features].
- Smart contracts automate IoT device management and interactions.
- **Utility in the Project:**
- [Describe what users can do].
- **API:** [Yes/No, describe API].
- Users can earn IOTX by managing IoT devices.
- Validators can stake IOTX to secure the network and earn rewards.
- **API:** Yes, Iotex provides an API for developers to integrate with their applications.
- **User Perspective:**
- [Describe how users interact with the project].
- Users can easily connect and manage IoT devices and earn IOTX tokens.
## How It Works
1. **Step 1:** [Describe step].
2. **Step 2:** [Describe step].
3. **Step 3:** [Describe step].
1. **Step 1:** Users connect their IoT devices to the Iotex Network.
2. **Step 2:** The network enables secure and efficient management of IoT devices.
3. **Step 3:** Users earn IOTX tokens based on their participation in the network.
## Staking
- **Staking Requirements:** [Describe staking requirements].
- **Rewards:** [Describe rewards].
- **Staking Requirements:** Minimum of 10,000 IOTX tokens to become a validator.
- **Rewards:** Validators earn a percentage of transaction fees and block rewards.
## API Documentation
For detailed API documentation, visit [API Docs Link].
For detailed API documentation, visit [Iotex API Docs](https://docs.iotex.io).
## Additional Resources
- [Official Website](https://example.com)
- [Community Forum](https://forum.example.com)
- [GitHub Repository](https://github.com/example)
- [Official Website](https://iotex.io)
- [Community Forum](https://community.iotex.io)
- [GitHub Repository](https://github.com/iotex)