Iota (IOTA) ICO Review

Micro-transaction cryptotoken optimized for the Internet-of-Things

  • Token:IOTA
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Official WebsiteWhitepaper

Technology: Iota blockchain

Iota ICO Short Review

IOTA is a new transactional settlement and data transfer layer for the Internet of Things. It’s based on a new distributed ledger, the Tangle, which overcomes the inefficiencies of current Blockchain designs and introduces a new way of reaching consensus in a decentralized peer-to-peer system. For the first time ever, through IOTA people can transfer money without any fees. This means that even infinitesimally small nanopayments can be made through IOTA.

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