IOST
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IOST in numbers
IOST ranks #572 by market capitalization, at $30.03M. It belongs to the Networks sector (Layer-1). It has traded since Jan 24, 2018, across 79 markets on 25 exchanges, with $5.58M of volume in the last 24 hours. Its all-time high of $0.134633 was reached on Jan 25, 2018; the current price is 99.5% below that peak. Its cycle low of $0.000527944 came on Aug 19, 2026.
40.8% of the maximum supply of 90.00B IOST is in circulation. 4 investors are recorded as backers, including DWF Labs, Presto Labs, Rollman Management Digital. On BNB Chain, 1,810 addresses hold IOST. It is available on 2 networks.
About IOST
IOST offers a decentralized blockchain platform with an innovative "Proof of Believability" consensus. Known for its high throughput and scalability, it supports application development with JavaScript and focuses on enhancing the decentralized online service infrastructure.
Background
IOSToken (IOST) is building a proprietary blockchain, called Internet of Services (IOS), focused on scalable and high throughput smart contract processing. The team plans to build the infrastructure layer for the development and deployment of large-scale decentralized applications (DApps) that will need high throughput processing. IOST is also developing additional services including decentralized storage and a feedback system for developers. Similar projects which IOST plans to compete with include Ethereum, NEO, Stellar, and Zilliqa.
To allow for faster processing IOST uses a new consensus mechanism called proof-of-believability (PoB) and a sharding system called efficient distributed sharding (EDS). In May 2018, the IOST Foundation announced the launch of Theseus, a dedicated DApp research and development team and Bluehill, a $50 million accelerator aimed at spurring development on the platform.
The project launched a public testnet as of June 30, 2018 and a migrated to its mainnet in February 2019.

