About IOST
IOST describes itself as a fast, decentralised blockchain network based on a consensus algorithm called Proof of Believability.
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Market Stats
Market Cap
$104,953,621.93
FDV
$443,049,998.78
Circulating Supply
21,320,000,000 IOST
Max Supply
90,000,000,000 IOST
Total Supply
21,315,000,000 IOST
Hold Time
No data
Performance
Popularity
No data
Dominance
0%
Volume (24H)
$35,643,740.43
0.04%
All time high
$0.14
Additional info about IOST
Networks and details
The price of IOST has decreased by 2.95% in the last hour and increased by 8.03% in the past 24 hours. IOST’s price has also risen by 13.57% in the past week. The current price is $0.0049 per IOST with a 24-hour trading volume of $35.64M. Currently, IOST is valued at 96.39% below its all time high of $0.14. This all-time high was the highest price paid for IOST since its launch.
The current circulating supply of IOST is 21,320,000,000 IOST which means that IOST has as total market cap of $104,953,621.93.
Price history
Today | $0.0049 | ↗ 8.03% |
1 Day | $0.0046 | ↗ 8.03% |
1 Week | $0.0043 | ↗ 13.57% |
1 Month | $0.0050 | ↘ 2.29% |
1 Year | $0.0124 | ↘ 60.33% |
Market details
Performance against other markets | ↘ 60.34% |
Performance against BTC | ↘ 66.36% |
Performance against ETH | ↘ 21.46% |
Performance in the past year | ↘ 60.33% |
FAQ
IOST, or Internet of Services Token, is a decentralized blockchain network and ecosystem that strives to provide an infrastructure for online services. It is built on a unique consensus protocol known as "proof-of-believability" (PoB), which is designed to ensure efficient transactions on the network. IOST's blockchain infrastructure is open-source and is designed to serve as the backbone for future online services. The IOST token is used within this ecosystem and is proposed as a solution to scalability issues that may prevent large companies from adopting blockchain technology in customer-facing environments.
IOST operates on a unique consensus protocol called "proof-of-believability" (PoB). This algorithm is designed to ensure that transactions on the network are efficient. To achieve transaction speeds, the IOST team has developed a novel blockchain architecture that combines several innovations, including a Distributed Randomness Protocol, Efficient Distributed Sharding, TransEpoch, Atomix, Proof-of-Believability, and Micro State Blocks. These innovations aim to enable IOST to process up to 100,000 transactions per second, an improvement compared to some other networks.
IOST aims to serve as the underlying architecture for online services in a decentralized economy. It is designed to handle heavy loads produced by large tech companies, making it suitable for enterprise use. The IOST token can be used within this ecosystem, potentially addressing scalability issues that may prevent large companies from adopting blockchain technology. Furthermore, IOST's transaction speed and infrastructure may make it a choice for any application that requires fast transactions in a decentralized environment.
IOST was launched in January 2018 by a team with diverse backgrounds including Jimmy Zhong, Terrence Wang, Justin Li, Ray Xiao, Sa Wang, and Kevin Tan. The team has a diverse background, with experience in tech startups, software engineering, investment banking, data science, and more. An Initial Coin Offering (ICO) was held in January 2018, during which 40% of the total token supply was sold, raising a substantial amount of ETH at the time. Since its launch, IOST has been focused on developing its unique "proof-of-believability" consensus algorithm and blockchain infrastructure to provide a scalable solution for online services.
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The current market cap of IOST is $104.95M. A high market cap implies that the asset is highly valued by the market.
The all-time high of IOST is $0.14. This all-time high is highest price paid for IOST since it was launched.
Over the last 24 hours, the trading volume of IOST is $35.64M.
Assets that have a similar market cap to IOST include Qubic, ICON, Audius, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of IOST is 21 billion.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#1189
Contributors
96
Posts
607,635
% About IOST
0.022%
Hold times
0 days
X (Twitter)
29.01% bullish
Sentiment
3.2 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
96 unique individuals are talking about IOST and it is ranked #1,189 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, IOST has an average sentiment score of 3.2 out of 5. Finally, IOST is becoming more newsworthy, with 0 news articles published about IOST. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly neutral about IOST. There were 29.01% of tweets with bullish sentiment compared to 7.63% of tweets with a bearish sentiment about IOST. 63.36% of tweets were neutral about IOST. These sentiments are based on 148 tweets.
On Reddit, IOST was mentioned in 2 Reddit posts and there were 6 comments about IOST. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.