IoTeX begins transition to AI platform, Tiger Research says

The DePIN platform IoTeX (IOTX) has begun its transition into an artificial intelligence (AI) platform, according to a report from Asian Web3 research and consulting firm Tiger Research. The report states that AI's effectiveness is hampered by its reliance on unverified and fragmented external data. IoTeX has been developing an integrated infrastructure to bridge this gap and is now becoming a platform to supply real-world data to AI via a three-layer stack composed of: - ioID, which verifies data reliability. - Quicksilver, which structures real-world data into a context that AI can recognize, infer, and act upon. - Realms, which helps AI understand context. Trio, the first commercial product based on this stack, is a subscription-based SaaS service offering AI feedback on live video. Tiger Research concluded that while IoTeX is technologically ready, this capability has not yet translated into revenue. The firm noted that for IoTeX to build a new revenue model with Trio and be re-evaluated as an AI infrastructure company, it will need to be supported by tangible performance results.