INT is not only an Internet of Things protocol, but it is also a public blockchain. In this regard, it will serve as a platform for the development and operation of many types of Dapps across a wide range of businesses.
The construction and implementation of new types of Dapp apps will allow INT to promote a healthy circulation of the INT Token, reverse the financial driving reason in the IoT protocol, and improve the overall security of the system, according to the company.
About INT
On the basis of this framework, INT will develop an architecture for a cellular network consisting of machines. It will also develop a token that will be used to organise currently operating between nodes and heterogeneous connections (different nodes may create independent internal links). Example: A node may submit a demand and pay the relevant tokens to other networks (or links) to supply power, network connectivity and other resources such as data or service, among other things.
Because of the economic system of cryptography and tokens, the ecosystem will make it possible to create a credible, safe, and open system. Furthermore, user data can be handled in such a way that user privacy is protected through the use of zero knowledge verification (specific improvements are required). At the very same moment, the INT open model is predicated on consensus mechanisms and will serve as a platform for a variety of decentralised applications (Dapps), such as Defi, NFT, and others.
What is INT [INT]?
When it comes to a non-trusted decentralised system, INT is working on devising a strategy that would let data and money circulate freely while still protecting the privacy of users.
Because INT is a transparent chain, it will offer numerous advantages of velocity, efficiency, security, and decentralisation over other blockchains. A variety of Dapps, including Defi and NFTs, will be able to be hosted on the platform.
Who Are the Founders of INT [INT]?
Building an ecosystem with 4000+ TPS, IPBFT unanimity, zero-knowledge theorems to increase users’ anonymity, VRF validator choice to accomplish security through randomization, the DeFi ecosystem, IOT connection, and BSN developer accreditation are some of the goals of the team. Tokenomics that works effectively shared mobility staking and voting in order to support local activities. The INT Foundation is backed by a network of professionals that have extensive experience working with technology firms throughout Asia.
What Makes INT Unique?
A public blockchain for the entire blockchain ecosystem, INT is not only a fundamental IoT interaction protocol innovation and the creation of IoT applications, but it is also a public blockchain for the entire blockchain ecosystem. INT will also support the development of numerous Dapps in order to increase the value of INT in circulation while also expanding its ecosystem.
The INT token serves as the medium of exchange for the whole ecosystem. Token holders, in their capacity as stakeholders and investors, can pledge their coins in exchange for votes on a variety of topics relating to community process and project progress. At the same moment, the INT coin serves as a gas fee responsible for arranging, which is collected by the network. Nearly half of the gas charge for each operation will be consumed, resulting in the creation of an inflationary process. Furthermore, because the settlement of assets for devices necessitates the use of a generally reliable measurement, rather than employing INT directly for settlements within the Iot infrastructure, it is preferable to use INT as a proxy measurement.
Where Can You Buy INT [INT]?
If you’re looking for a place to purchase the INT, the best cryptocurrency exchanges to use right now are OKX, MEXC, and Uniswap (V2).
Frequently Asked Questions
Can I Buy INT [INT] With Cash?
No. There is no direct method to purchase INT using cash. You can, however, utilise markets such as LocalBitcoins to first acquire BTC, and then complete the remainder of the procedures by moving your BTC to the appropriate AltCoin exchangers.
Are there any quick ways to buy INT [INT] in Europe?
Yes, in reality, Europe is one of the easiest countries to acquire cryptocurrency in general. There are also online banks where you can create an account and send funds to exchanges like Coinbase and Uphold.
On what factors does the price of the INT [INT] Depend?
Exchange inflows and outflows, technical and fundamental changes, the news cycle, and the overall economic climate are all variables that impact INT price and market cap.
INT Official website – https://intchain.io/
INT Twitter – https://twitter.com/intchain
INT Reddit – https://reddit.com/r/int_chain
