Our event is only to showcase IoTeX and MachineFi and explain the future of IoT on the blockchain and how the machine economy is estimated to be worth about $12.6 trillion by 2030. We want to explain how IoTeX has built the scalable, secure, speedy and low-transactional network on which tens of thousands of Dapps can be built to help people take back control from Big Tech of their personal data, their smart devices and the value they generate. IoTeX is working with global organizations to ensure connectivity and interoperability worldwide so machines can interact with other machines and individuals no matter where they are or who built them. Attendees should go prepared to learn about an exciting fast-growing project that in 2021 grew exponentially. It went from a CMC ranking of beyond 300 to under 90. Its market cap grew from $40 million approximately to over $1.2 billion. IoTeX is about to launch a unique $100 million sustainable fund, which means it is evergreen, that will provide support to over 10,000 Dapp developers and other projects that share our MachineFi vision. We aim to connect billions of machines to our MachineFi portal by 2030. We have partnered with manufacturers to produce the first two blockchain-powered gadgets that have a world of uses cases, loaded with sensors and developer and mining capabilities among many other uses.
