Key metricsKey metrics
PricePrice$0.2556
Asset TypeAsset TypeCryptocurrency
StructureStructureFoundation
Project StatusProject StatusMVP
OwnershipOwnershipFree
SectorSectorIoT
IndustryIndustryBlockchain
FoundedFounded7-Jul-1905
Funds raisedFunds raised434K
CountryCountryGermany
Key personKey personDominik Schiener

IOTA (MIOTA) Information{coin_name} ({symbol}) Information

The first open-source distributed ledger that is being built to power the future of the Internet of Things with feeless microtransactions and data integrity for machines.

IOTA is an open-source distributed ledger protocol that goes 'beyond blockchain' through its core invention of the blockless ‘Tangle’. The IOTA Tangle is a quantum-proof Directed Acyclic Graph, with no fees on transactions & no fixed limit on how many transactions can be confirmed per second in the network. Instead, throughput grows in conjunction with activity in the network; the more activity, the faster the network. Unlike blockchain architecture, IOTA has no separation between users and validators; rather, validation is an intrinsic property of using the ledger, thus avoiding centralization. IOTA is initially focused on serving as the backbone of the emerging Internet-of-Things (IoT).
Utility of the coin/token
IOTA currently does two things really well: transactional settlement (especially feeless and fast micropayments) and data integrity. With these two features a plethora of potential use cases are possible for the very first time. Real-time streaming payment services for data and energy, immutable data history tracking for supply chains, computational resource sharing (for bandwidth, CPU, and storage) and more, IOTA enables entire new business models which were previously impossible with the legacy financial system and other Distributed Ledger Technologies built on Blockchain. More open-source platforms (such as Oracles, Smart Contracts, Q, etc.) are on our roadmap and will be added in the near future.

Team OverviewTeam Overview

David Sonstebo
Co-Chairman of the board of directors & Founder

David is a serial entrepreneur with a passion for any kind of technology that can push human progress forward.

Dominik Schiener
Co-Chairman of the board of directors & Founder

Dominik is an entrepreneur from Italy, with a passion to drive change in society and business.

Ralf Rottmann
Member Board of Directors

Ralf is a serial entrepreneur who sold his last company to Alcatel-Lucent and is the co-founder of grandcentrix, Germany's leading SI for end-to-end Internet of Things productions.

Sergey Ivancheglo
Member Board of Directors & Founder

Electrical Engineer, Software developer, founder and creator of Nxt, co-founder of Jinn Labs.

Sergui Popov
Member Board of Directors & Founder

Professor of Mathematics with focus in Probability Theory. Also a mountain climber, chess enthusiast and heavy metal lover.

OrganizationsOrganizations

IOTA Stiftung

Company NumberCompany Number 500027331119-04
Rheinsberger Str. 76/77, 10115 Berlin

TechnicalTechnical

Key metricsKey metrics
AlgorithmAlgorithmTangle
ProofProofDAG

Source Code Repositories

iotaledger/wallet 2163 Stars 11 Contributers 560 Open Issues

IOTA Wallet

iotaledger/iri 1166 Stars 58 Contributers 385 Open Issues

IOTA Reference Implementation

iotaledger/iota.js 777 Stars 43 Contributers 66 Open Issues

IOTA JavaScript monorepo

EconomicsEconomics

Tradeable CoinsTradeable Coins
2,779,530,283 (100% of total) ({tradeable_of_total} of total)

Exchange Markets

ExchangeExchange MarketMarket PricePrice DiffDiff Volume 24hVolume 24h SpreadSpread Spread $1kSpread $1k
Binance MIOTA/BTC $0.2558 0.06% $2,276,072 0.23% 0.55%
Binance MIOTA/USDT $0.2557 0.01% $1,077,808 0.27% 0.78%
Binance MIOTA/ETH $0.2552 -0.17% $368,597 0.1% 0.51%
Upbit MIOTA/KRW $0.2527 -1.1% $109,269 0.65% 0.97%
Binance MIOTA/BNB $0.2554 -0.1% $71,894 0.35% 0.69%
Gate.io MIOTA/USDT $0.2692 5.3% $12,337 2.2% 10%
Gate.io MIOTA/BTC $0.2760 8% $192.67 16% 62%

Latest IOTA NewsLatest IOTA News

IOTA on Twitter

Welcome Jonathan Shaffer to the #IOTA Foundation! https://t.co/1oqE4JActy #WelcometoIOTA

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IOTA on Twitter

Congratulations, @der_muXxer @iotmod @alexsporn @ovanwijk @PascalAmbro @petrzizka @huggre @allthingstangle

IOTA on Twitter ReadRead 

IOTA on Twitter

The #IOTA Ecosystem team announces the 6 new grantees of the 5th Cohort and a brand new EDF website: https://t.co/OdK0Tq3Pec #IOTAcommunity

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IOTA on Twitter

Dev Update: See everything that we've been up to on #IOTA-Bee, #Qubic, #Trinitywallet and more: https://t.co/HqLhTfjSCJ #IOTA

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IOTA on Twitter

Welcome Begoña Alvarez to the IOTA Foundation! https://t.co/FqbFgPLg0V #IOTA #WelcometoIOTA

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IOTA on Twitter

980M people without an ID in the world. @Mat_Yarger, our Head of Smart Cities, shows how #Iotaprotocol creates the #unifiedidentity solution of the future.… https://t.co/pgHzpgrPcw

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IOTA on Twitter

Save the date | August 15 | Webinar - Machine Money @Hacksterio. We will explore #machinemoney and how to build device wallets with #IOTA.… https://t.co/MSU5UWwxXZ

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IOTA on Twitter

Want to know what's next for Trinity? Charlie Varley, #IOTA's software engineer, describes the upcoming features and next steps for the project: https://t.co/NB1kYpPydt #trinitywallet

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IOTA on Twitter

Starting in one hour: IOTA Insights call today. Hear from people in the IOTA Ecosystem to discuss progress, exciting news and updates related to the adoption of #IOTA, and our vision for the future. https://t.co/QkmfS7FEBs

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IOTA on Twitter

Don't miss the first quarterly IOTA Insights call tomorrow at 2 PM EST/8 PM CEST. Hear from people in the IOTA Ecosystem to discuss progress, exciting news and updates related to the adoption of #IOTA, and our vision for the future. https://t.co/GjJPoSSOWC #IOTAInsights

IOTA on Twitter ReadRead 
This information is provided AS IS and is not adviceThis information is provided AS IS and is not advice. May contain errors or omissions. Please always do your own research before trading.May contain errors or omissions. Please always do your own research before trading.
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