IOTY Protocol is a decentralized solution for worldwide IoT devices
$IOTY is a utility token for identity, signing, connectivity, rewards stakeholders and more!
Join the IoT Revolution
The essential ecosystem token
The utility token for IOTY Protocol & CONNECTIFY
$IOTY is a utility token for identity, signature, device connectivity in the IoT world and much more!
The IOTY token is used to operate our industrialization platform.
The CONNECTIFY platform is dedicated to the identification, serialization and management of IoT connectivity.
IOTY Network is built by contributors rewarded in IOTY token.
A decentralized network, based on BLE (Bluetooth Low Energy) technologies and more.App & SDK available to expand the Network.
IOTY Tokenomics
Use of Proceeds
Platform Development (40%)
A significant portion of the proceeds will be dedicated to the research, design, and development of the IOTY Protocol, IOTY Network, CONNECTIFY and its core technologies, including smart contracts, decentralized applications, and the underlying blockchain infrastructure.
Business Operations (25%)
Funds will be utilized for ongoing business operations, including administrative expenses, legal and regulatory compliance, marketing and promotional activities, and building a talented team of professionals.
Strategic Partnerships & Acquisitions (15%)
IOTY aims to establish strategic partnerships and pursue strategic acquisitions that will enhance the capabilities and adoption of the IOTY Protocol. A portion of the proceeds will be reserved for this purpose.
Ecosystem Development (10%)
Resources will be allocated towards fostering the growth of the IOTY Protocol ecosystem, including developer tools, incentive programs, and community engagement initiatives to encourage the creation of decentralized applications and services on the protocol.
Contingency Reserve (10%)
A contingency reserve will be maintained to address unforeseen expenses, regulatory changes, and other potential risks or opportunities that may arise during the project's development and implementation.