IOStoken (IOST)

Basics

• Started in:
• Based in:

• Not mineable, token
• Internet of services
• “The Internet of Services (IOS) offers a secure & scalable infrastructure for online service providers. Its high TPS, scalable and secure blockchain, and privacy protection provide infinite possibilities for online service providers to serve their customer base.“
• From CMC: "The open-source IOST project is meant to meet the security and scalability needs of a decentralized economy by providing blockchain infrastructure that might serve as the architecture for the future of online services. Utilizing factors that include IOST token balances, reputation-based token balance, contributions to the network and user behaviors, their so-called “Proof of Believability” consensus algorithm was developed to ensure the security and efficiency of transactions on the network. The team at IOST recognizes that without sufficient scalability, multinational corporations may not be able to deploy blockchains to service their customers at the level expected today. As such, the teams at IOST propose the Internet of Services Token as a means to reach these ends."

Technology

• Whitepaper can be found [insert here].
• Code can be viewed [insert here].

Implementations

• Built on:
• Programming language used:

Transaction Details

• Capacity (TPS):
• Latency:

Interoperability

• From a paid Bitcoin.com article (5-3-2021):

"[IOST] has announced it is now at the final development stage for building a cross-chain transfer bridge to the Polkadot Ecosystem."

Oracle Method being used

• Has a partnership with DOS (1-2020).
• Has connected with Gravity (3-11-2020).

Roadmap

• Can be found [Insert link here].

Audits

• Bug bounty program can be found [insert here].

Usage

Projects that use or built on it

• As of 20202 Q1, it has 52 Dapps, 34 of which are active, 4 were new and about 5339 active users.

Team, investors, Partnerships, etc.

Team

• Full team can be found here.

• 6 co-founders
• Jimmy Zhong; CEO & co-founder
• Terrence Wang; CTO & co-founder
• "With over 50 blockchain professionals, IOST’s team hails from Harvard, Princeton, Brown, Berkeley, Cornell, Tsinghua University, Uber, Google, KAYAK, Morgan Stanley, Linux, LinkedIn, and Deloitte, with awards and recognition from National Olympiad in Informatics Gold Medalists, ACM/ICPC Gold Medalists, Forbes 30 Under 30, and 500-startup. IOST has a global presence, with offices in Beijing, Tokyo, Seoul, Berlin, San Francisco, New York and Singapore."

Investors

• Investors & partners: Sequoia, Huobi, DFund, INBlockchain, ZhenFund, Matrix Partners, Nirvana Capital, Metropolis VC, Link VC, ChainFunder, Bixin, Genesis

Partners 

• Blockfolio, Chainlink (announced: 8-5-2019), Covalent, and a bunch of others
• Partnered with Polkadot to create a bridge (5-2-2021).