Based

Filecoin

Read

IoTeX

<div class="key-points-section"><b>What to Know:</b>
 <ul>
  <li>IoTeX's initiative turns GPS data into rewards via blockchain.</li>
  <li>Launch boosts blockchain adoption with data monetization.</li>
  <li>IoTeX partners with distributors, expanding device reach.</li>
 </ul>
</div>
<figure class="wp-block-image aligncenter size-large"><a href="https://bitcoininfonews.com/wp-content/uploads/2025/06/pixel-art-urban-gps-tracker.png.jpg" rel="noopener noreferrer nofollow"> </a>
 <figcaption class="wp-element-caption">
  Your GPS Can Earn Money: IoTeX Initiative Launched
 </figcaption>
</figure>
<section>
 <h2 id="iotex-enables-gps-data-monetization">IoTeX Enables GPS Data Monetization</h2>
 <p><strong>IoTeX</strong> has introduced a mechanism for <strong>GPS device owners</strong> to monetize data through its blockchain framework. The project links <strong>real-world data</strong> with <strong>AI models</strong>, driving broader adoption. The initiative involves IoTeX leaders such as <strong>Jing Sun</strong> and <strong>Raullen Chai</strong>, who aim to leverage device data for economic benefits. Key changes emphasize <a href="https://www.thestreet.com/crypto/innovation/your-gps-tracker-could-be-making-you-money-iotexs-jing-sun-explains-how" rel="noopener noreferrer nofollow">device data monetization</a>.</p>
 <blockquote>
  "We saw a huge vision. Inspired by the Ethereum whitepaper, we co-founded IoTeX—a Layer 1 blockchain designed to connect device data with AI models and traditional businesses. Now, that vision is reality. IoTeX powers networks where communities contribute data from devices like GPS antennas or solar panels and earn rewards from AI firms and enterprises. We connect device data from the real world and feed it into vertical AI models." - Jing Sun, Co-founder, IoTeX
 </blockquote>
</section>
<section>
 <h2 id="potential-revenue-streams-for-device-owners">Potential Revenue Streams for Device Owners</h2>
 <p>This development could <strong>redefine data monetization</strong>, offering new revenue channels for device owners. The IoTeX ecosystem is expected to benefit from increased activity and user engagement. <strong>Financial implications</strong> include potential growth in <a href="https://iotex.io/blog/what-is-iotx-used-for-explained" rel="noopener noreferrer nofollow">IoTeX token utilization</a>, impacting blockchain-based data solutions. The integration of <strong>AI and blockchain</strong> expands market opportunities.</p>
</section>
<section>
 <h2 id="comparisons-to-filecoin-and-helium-models">Comparisons to Filecoin and Helium Models</h2>
 <p>Drawing parallels with <strong>Filecoin and Helium</strong>, IoTeX explores device-based data models. The <strong>monetization of real-world data</strong> has precedent in blockchain, offering learnings for IoTeX. Based on historical trends, IoTeX's program might inspire similar models, increasing blockchain's scope. This <strong>convergence could drive future growth</strong> in decentralized networks and services, reflecting ideas similar to those seen in the <a href="https://iotex.io/blog/pebble-tracker-mouser-buy" rel="noopener noreferrer nofollow">Pebble Tracker initiative</a>.</p>
</section> 
<figure class="wp-block-table">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><em><strong>Disclaimer</strong>: The information on this <a href="https://bitcoininfonews.com/" data-type="link" data-id="https://bitcoininfonews.com/" rel="noopener noreferrer nofollow">website</a> is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor.</em></td>
   </tr>
  </tbody>
 </table>
</figure>  <a href="https://bitcoininfonews.com/iotex-gps-monetization-initiative/" rel="noopener noreferrer nofollow">Read original article on bitcoininfonews.com</a>

Your GPS Can Earn Money: IoTeX Initiative Launched

Table of Contents

BitcoinInfoNews.Com

Other articles published on Jun 4, 2025

PancakeSwap Tops Circle in Crypto Fee Rankings

Adam Back Invests $2.1M in Swedish Bitcoin Treasury Firm

Fintech Firm Sets $100M Bitcoin, Ethereum Treasury Plan

BlackRock IBIT Achieves Phenomenal Top 25 ETF Ranking Speed

Is Crypto Ready for Quantum Threats or Just Surging with Binance, XRP, and Qubetics as the Best C...

Uniswap Records 7% Surge, Bitcoin Steady Above $105K

Join our free newsletter for daily crypto updates!