IoTeX Welcomes Xangle as Node Validator... "Accelerating Innovation in DePIN Sector"

Blockchain mainnet IoTeX announced on the 12th that blockchain infrastructure company Xangle is joining as a validator. With Xangle's participation as a validator, IoTeX's community-centered ecosystem expansion and technical stability are expected to be further strengthened.

Xangle is a blockchain infrastructure and research company that provides a community hub, explorer, and Web3 analytics reports focused on the ecosystem. Since 2018, it has been operating "Xangle Portal," a leading Web3 platform in Korea, working to grow the Web3 community and provide accurate information. Recently, Xangle has been more actively participating in the Web3 ecosystem, becoming a validator for global Web3 projects including Aptos, Babylon, and Initia.

IoTeX has declared this year as the 'Year of DePIN x AI,' launching 'QuickSilver' to connect AI with real-world data, and pursuing various initiatives such as US market expansion and establishing DePIN and AI asset reserves. Xangle's participation as a validator is expected to play an important role in promoting IoTeX's innovative efforts and strengthening community cohesion.

Last year, IoTeX played a leading role in the Decentralized Physical Infrastructure Network (DePIN) sector, achieving various innovations and accomplishments. In July, they launched 'IoTeX 2.0' with modular infrastructure, establishing themselves as a key platform for building DePIN. Additionally, they nurtured more than 15 projects through the 'DePIN Surf Accelerator' supporting DePIN projects, and expanded their ecosystem by tracking over 300 DePINs and more than 20 million devices through 'DePIN Scan'.

IoTeX plans to solidify its ecosystem through collaboration with global Web3 companies including Xangle, and to stably lead the Web3 market through partnerships with technical expertise and professional node operation experience. With Xangle joining as a validator, IoTeX is expected to launch various on-chain services based on transparent mainnet operation, continue ecosystem advancement, and further contribute to the development of the blockchain industry.

Hyunwoo Lee, Co-CEO of Xangle, said, "Participating as an IoTeX validator goes beyond simple network validation; it will be an important milestone in bringing innovative Web3 infrastructure like DePIN to more users and establishing it in the mainstream." He added, "Based on our ecosystem-centered community hub, explorer, and research capabilities, Xangle plans to enhance the reliability and visibility of the IoTeX network and actively contribute to the expansion and sustainable growth of the DePIN ecosystem."

IoTeX Co-founder Jing Sun said, "IoTeX is committed to building the most robust and transparent DePIN ecosystem, and Xangle's participation as a validator demonstrates this vision." He continued, "Xangle's expertise in blockchain infrastructure and data reliability will further strengthen the stability of the IoTeX network and accelerate the mass adoption of Web3." He added, "In the Year of DePIN x AI, this collaboration will be a crucial turning point in expanding real-world infrastructure and AI-based innovation."