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IOTX is the native cryptocurrency of the IoTeX blockchain platform, which aims to provide a secure and scalable infrastructure for the Internet of Things (IoT). The IoTeX platform enables the collection and utilization of data from various IoT devices in a decentralized and privacy-centric manner. IOTX tokens are used within the IoTeX ecosystem to facilitate payments, incentivize network participants, and participate in governance. By holding and utilizing IOTX tokens, users can contribute to the growth of the IoTeX network, secure IoT data, and potentially earn rewards."

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