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IOST market information
Internet of Services Price for today is $0.02. Its current circulating supply is iost 18,099,719,631 with a market cap of $379,030,075.56.
PRICE
$ 0.02
MARKET CAP
$ 379,030,075.56
24h % PRICE
-9.32 %
24H VOLUME
$ 79,610,803.52
7d % PRICE
-30.17 %
COIN SUPPLY
18,099,719,631 IOST
What is IOST
IOST, which stands for Internet of Service (IOS) and token (T), is a developer-friendly blockchain platform suitable for DApps and online services. It was launched in January 2018 by Jimmy Zhong, Terrence Wang, Tiancheng Li, Ray Xiao, Sa Wang, and Kevin Tang. IOST aims to make blockchain technology adaptable for big companies by tackling the issue of scalability.
The IOST network deploys a unique consensus algorithm, proof of believability, that was developed by its team. In such an algorithm, the credibility of a node is determined by reviewing the node’s past behavior and contributions. Currently, there are more than 400 nodes in the system. PoB combined with sharding allows the IOST blockchain to process 8,000 transactions per second and improved scalability. According to their website it also “handles multiple groups simultaneously, keep cross-shard transactions consistent”. The IOST token is used to support the PoB algorithm by rewarding validators of the network. Also, those with a higher IOST balance are more likely to be randomly selected as a validator.
By the end of 2021, the IOST platform is planning to partner with people in traditional industries to explore new applications for NFTs and metauniverse and improve the IOST mainnet according to the community feedback.
How to Buy IOST
You can buy IOST on ChangeNOW with one of the 300+ crypto or 50+ fiat currencies by following the steps below:
Pick IOST as the “You get” currency above.
Choose crypto or fiat currency to buy IOST with.
Enter your IOST wallet address.
Send your deposit to a one-time address.
Receive your exchanged coins in approximately 5 mins!
How to Sell IOST
Swap IOST coins for one of the assets in our rich crypto selection by following the steps below:
Pick IOST as the “You Send” currency above.
Choose the asset you’d like to get for your IOST.
Enter the wallet address of the coin you’d like to get.
Send your deposit to a one-time address.
Receive your exchanged coins in approximately 5 mins!
Why exchange IOST with ChangeNOW
- ChangeNOW is a non-custodial service, and we never control, store, or hold your funds in any way.
- Once you deposit your IOST at the address, your exchange is complete within minutes.
- We offer IOST exchange options along with a versatile range of other cryptocurrency assets to choose from.
- We don’t require you to sign up, remember passwords, or go through elaborate procedures to get what’s legitimately yours.
- We don’t believe in limiting you, your money, or your earning potential. Swap as much as you like – limits are not our thing.
