We see IoTeX as a platform for others to build DApps for IoT. IoTeX supports the token economy, privacy and scalability. Each IoT DApp is usually run within one subchain and can communicate with other subchains via the Rootchain. Typical IoT DApps lies in the sectors of sharing economy. For example, a device loans out its computation/storage/connectivity capability in exchange for tokens or a device (associated with physical assets like bike) provides certain services in exchange for tokens.