#320 rank
Iost

Iost iost

Iost Price in USD

$0.007

-2.21%

0 ETH

0 BTC

Price Change

MIN

MAX

Iost Price Statistics

Current Price

$0.007

Fully Diluted MarketCap

$228,835,596

Total Volume

18,101,312

Total Supply

18,708,894,189

Circulating Supply

18,708,894,189

What is IOST?

IOSToken (IOST) is building a proprietary blockchain called the Internet of Services (IOS), focused on scalable and high throughput smart contract processing. The team plans to build the infrastructure layer to develop and deploy large-scale decentralized applications (DApps) that will need high throughput processing. IOST is also developing additional services, including decentralized storage and a feedback system for developers. Similar projects IOST plans to compete with include Ethereum, NEO, Stellar, and Zilliqa

The Team Behind IOST

IOST was launched by Jimmy Zhong, Terrence Wang, Justin Li, Ray Xiao, Sa Wang, and Kevin Tan. - Zhong has founded other tech startups in the U.S. and China. - Wang's previous experience includes serving as an Uber software engineer. - Li previously worked as an investment banking associate at Goldman Sachs and a data scientist at Mobike

Top Value Drivers For IOST

The main reasons to invest in IOST include:- - To allow for faster processing, IOST uses a new consensus mechanism called proof-of-believability (PoB) and a sharding system called efficient distributed sharding (EDS). - IOST aims to resolve centers on how big companies may not be able to embrace blockchains in a customer-facing environment unless they are scalable. - IOST’s blockchain infrastructure is open-source and designed to be secure and scalable

FAQs

The current price of Iost is USD 0.007.

The total supply of Iost is 18,708,894,189 and circulating supply of Iost is 18,708,894,189

The trading volume of Iost is 18,101,312 in the last 24 hours.