Name: IOTA
SKU: IOTA
Price: 0.211541000599 USD

<p>IOTA is a network that is specifically built for the next generation of a digital revolution, termed the Internet of Everything. Co-founded by David Sonstebo, Dominik Schiener, Dr. Serguei Popov, and Serge Ivancheglo in 2015, it has the overall aim to democratize and power the Internet of Things (IoT).&nbsp;</p><p>Essentially, it is designed to exchange data between machines and humans without any hindrance. Its native cryptocurrency is known as MIOTA.</p><h3><strong>What are IOATA’s key features and how does it work?</strong></h3><p>IOTA uses a unique innovation, Tangle, for confirming transactions. Tangle is a DAG, Decentralized Acyclic Graph (DAG), and works with a system of nodes. IOTA claims that Tangle is faster and more efficient than typical blockchains used in cryptocurrencies.</p><p>Tangle provides a solution to Bitcoin's scalability issue by removing the topographical hurdles of using a blockchain. Tokens are pre-mined and transactions are validated using Tangle. Simply put, it functions as a network of non-sequential nodes which allow each node to be connected to several other nodes in sort of a 'tangle’. Nodes are connected in one direction only, therefore any node cannot refer back to itself.</p><p>IOTA’s DAG mechanism works differently from that of other blockchains. On IOTA's network, transactions can be processed simultaneously due to its non-sequential architecture. This means that transactions are not bound by a queue, but can occur and be validated in any order. As more nodes are added to the network, the speed of validating transactions will only increase, and become more secure.</p><h3><strong>What is noteworthy about IOTA?</strong></h3><p>Since IOTA doesn't have a blockchain, there are no miners. Its decentralized distributed ledger works where each new transaction validates the previous two. This means that the Tangle network does not need to spend resources to verify transactions as users on the network do it for them. This both solves the scalability problem as well as results in zero transaction charges. As such, using the Tangle network does not cost anything. It does not matter if a user sends a million dollars or one cent, the recipient will receive the exact amount.</p><h3><strong>Where can you buy MIOTA?</strong></h3><p>MIOTA can be bought from any of the DEXs and CEXs as listed <a href="https://cryptorank.io/price/iota/exchanges" rel="noopener noreferrer" target="_blank">here</a>.</p>

IOTA - JINN SWAP

IOTA Token Sale details

Initial Supply

IOTA Foundation

Tangle Ecosystem Association

UAE Entity

Contributors

IOTA Airdrop

IOTA

An open-source distributed ledger built for the Internet of Things

Morningstar Ventures

Moonrock Capital

The Spartan Group

GBV Capital

Waterdrip Capital

Vendetta Capital

Ascensive Assets

Hypersphere Ventures

Blizzard Fund

Woodstock Fund

Figment Capital

Axia8 Ventures

CoinGecko Ventures

Nexo

Everclear (prev Connext)

Kosmos Ventures

Impossible Finance

Nabais Capital

AVentures DAO

Subsquid

3 Chaps Capital

StakeBorg

Ganesh Swami

Erik Ashdown

Derek Yoo

Aurel Iancu

Delroy Bosco

Alex Smirnov

Batuhan Dasgin

Michael Chen

Etienne

Danish Chaudhry

Alchemy

Bware Labs

GameOn Forge

Sociapol

SpaceN

Delphi Ventures

LongHash Ventures

Semantic Ventures

Nomad Capital

YZi Labs (Prev. Binance Labs)

CoinFund

Neutron

BRC App

Pivot Global

ConsenSys

Cointelegraph

Big Brain Holdings

Dewhales

Founderheads

Galxe

Dutch Crypto Investors

CSP DAO

AITECH Labs

Decubate Ventures

DEC Ventures

Poolz Ventures

Gains Associates

Ivan on Tech

Anshul Dhir

That Martini Guy

Boxmining

Nischal Shetty

Zoran Kole

Ash Crypto

Anbessa

Eric Cryptoman

Plena Finance

Crypto.com Capital

Solana Ventures

Shima Capital

KuCoin Labs

Arcade

Attarius Network

Her.AI

Gain detailed information about %name% %code% unlock and vesting. Use our token unlock calendar for planning and optimizing your investments. Explore tokenomics and how it's changing with our token distribution chart. Stay updated on unlock events and receive notifications for effective crypto asset management

%name% %code% Token Unlocks and Vesting: Schedule and Tokenomics

Name	Total	Unlocked	Locked
Initial Supply	60.4%	60.4%	-
Tangle Ecosystem Association	12%	5.46%	6.54%
UAE Entity	12%	5.46%	6.54%
IOTA Foundation	7.08%	3.22%	3.86%
Contributors	5.00%	4.05%	0.95%
IOTA Airdrop	3.50%	2.83%	0.67%

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