IOStoken(IOST) June 2018 Price Predictions, Exchanges and Announcements

What is IOStoken(IOST)? 

The Internet of Services (IOS) is an innovative and secure blockchain paradigm designed to provide horizontal scalability and high transaction throughput. The IOS platform not only offers its users a completely decentralized way to exchange online services and digital goods but also enables developers to deploy large-scale dApps with the ability to support a massive number of users.

IOStoken(IOST): History

The native IOS blockchain tokens are called IOST. There’s a total supply of 21 billion IOST. No public sale will be held for IOST. The token sale was only open to institutional investors. The private sale was completed in early June 2018. 40% of the total supply of tokens were allocated during the private token sale. 35% were reserved for the IOS Foundation to be used for ecosystem-building and development. IOS is led by co-founders Terrence Wang, Jimmy Zhong, Ray Xiao, Bosch Lee, and Kelvin Tan. The company has received investments from ZhenFund, Sequoia, Matrix Partners, Banyan Capital, Metropolis VC, INBlockchain, and others.

How Does IOST Work?

In the IOS, all intelligent IoT devices, like computing devices, self-driving vehicles, drones, unmanned terminals, and storage devices, can be considered nodes in the network.

Devices that are unable to function as first-class nodes (say, due to resource constraints) can run an IOS light client using Simplified Payment Verification (SPV) to verify transactions. Through this system, every node has a unique identity hash to ensure it can be registered efficiently, discovered, and processed. Meanwhile, users interact with the IOS blockchain through an Account.

Another key feature of the IOS is called the Hyper Universe Distributed System, or HUDS. Through this system, the IOS aims to provide a blockchain capable of hosting a wide range of service providers – including everything from independent small business owners to enterprise services like Amazon or Alibaba.

How to buy IOStoken(IOST)?

The users have to get a wallet to make the coin safe. Then create a password for the wallet which will not be forgotten. Then you can trade some other coin like Etghreum and can purchase IOS with it in an exchange like Binance, Huobi, OKEx, bigone.

IOStoken(IOST) Price prediction 2018

IOST can be a profitable investment option. IOStoken price today is $0.116123 and the market cap value is $788,952,426. The current supply is 6,794,109,922 IOST and volume is $782,541,000. IOStoken price, IOStoken price chart, IOStoken exchanges, IOStoken wallets, IOStoken history, IOStoken mining, where to buy IOStoken, how to buy IOStoken.

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3 thoughts on “IOStoken(IOST) June 2018 Price Predictions, Exchanges and Announcements

  1. Dem k Reply

    Can you please provide citations so people can validate that such large VC firms actually invested? Otherwise this cant be taken seriously as I cant find this information online

  2. Michael Reply

    Moi perso je me suis positionner sur le TNB (Time New Bank). Annoncer à environ 16$ pour 2021. et il coute 0.03$ aujorud’hui. Je fais toutes mes transaction avec Binance. Binance est une plate forme d’échange de crypto ultra rapide pouvant gérer jusqu’à 1.4 millions de transaction par secondes. Les frais sont de seulement 0.05%

  3. revnronalbertson Reply

    Thank you for this vivid information on IOST. I am very interested in mining it. What is the algorithm basis? I an not finding much other info out there so far, still very new.

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