MachineFi Lab

MachineFi Lab, established in 2022, is a Web3 company focused on developing a decentralized machine economy by integrating Internet of Things (IoT) devices with blockchain technology. As the core developer of IoTeX, MachineFi Lab specializes in Decentralized Physical Infrastructure Networks (DePIN), aiming to transform machine resources and intelligence into financial assets. Their flagship product, W3bstream, is the world's first decentralized off-chain compute framework designed for smart devices and real-world data, enabling Web2 businesses to connect to Web3 token incentives through user-owned devices. Backed by prominent venture capital firms such as Samsung Next, Jump Crypto, and Draper Dragon, MachineFi Lab is at the forefront of bridging the physical and digital worlds within the Web3 ecosystem.