With new Altcoins hitting the cryptocurrency market, usability is what the investor and user is looking for. IOSToken (IOST) is a promising coin that will help users turn their services into cash. This is a market place where online traders can meet and showcase their wares locking out the expensive third parties.
IOSToken rides on the Ethereum blockchain and giving IOST the attributes of smart contracts. However, this might soon come to end once plans are finalized to create IOST native coin. The focus for the platform still remains; to correct the inefficiencies and scalability problems facing the first and second generation coins among others ills.
IOSToken (IOST) Popularity
Many cryptocurrency enthusiasts associate IOSToken (IOST) with high end investor which is a fallacy. Upon launch, the platform went for institutional partnerships due to the support and value addition the collaboration brought on-board.at the moment, small and big investors are staking on the coin due to its growing value.
The technology behind the platform is unique, a diversion from Proof-of-work (POW) and Proof-of-Stake (POS) to Proof-of-Believability (POB). POB ensures increased energy efficiency which will translate in increased blockchain technology uptake going forward. This model emphasizes fairness since distribution id random.
IOSToken (IOST) Benefits
As an investor or participant in any crypto-platform, knowing the benefits helps make informed decisions. With IOSToken, you are not alone; it is a system that the masses have adopted. If you are an online shopper, IOST platform will function like Amazon, BitTorrent and Alibaba; a central place where buyers connect with provider less middlemen.
This is a simple distributed system where you directly interact with your consumers. It gives users a seamless base where you can host your online services. This type of blockchain hosting is the easiest and attracts a near zero fee depending on the “space” you require for your “online outlet”.
IOSToken is a major breakthrough in the online market where trade has been made complicated by slow transaction speeds and charge backs. Self-hosting has also been a preserve for the rich but with this new system, anyone can be able to get a pie of the IOSToken blockchain.
With the testnet and GitHub, there is more to come than just a digital asset marketplace. Once the tests are complete and everything working according to plan, the developers are confident that the end product with transform the entire cryptocurrency landscape and revolutionize how businesses interact with the consumer online.
IOSToken (IOST) Market Outlook
IOSToken (IOST) has gotten a global outlook thanks to its being listed on Bitfinex and Binance. In addition, a boost from a security information partner, Chatlin early April has seen the coin price gain traction. This collaboration means enhanced security features for the IOST systems.
At the time of writing, the coin is ranked 54th by market capitalization and trading at $0.056445 with a 24-hour drop of 5.13% against the dollar and 2.85% to BTC. This however shows a significant growth compared to same time last month. Huobi and Binance exchanges seem to be pushing much of the coin’s volumes, a fact that is it getting the global attention it deserves.
With a full time global team now spread in 9 countries, IOST is set to move to the next level. With a meet-up slated for May 1st-4th in Singapore, there are more expectations on the coin performance and this could see the coin back on track. The marketing team efforts to increase adoption could result in substantial price surge and value growth for the coin.
With the lessons learned from the market crash earlier in the year, IOSToken (IOST) is focusing on gaining traction and stability. Their technology choice appears sustainable making it one of the best in the market. By the end of the year, the current IOST will have been transformed with the coin trading around the $2.