About IOST
IOST describes itself as a fast, decentralised blockchain network based on a consensus algorithm called Proof of Believability.
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Trading Insights
Searched
8
Market Stats
Market Cap
₹7.39B
FDV
₹25.40B
Circ. Supply
26B IOST
Max Supply
90B IOST
Total Supply
46B IOST
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
₹709.92M
-17.53%
Volume (7D)
₹6.45B
Volume (30D)
₹20.77B
All time high
₹11.80
Price Change (1Y)
-50.3%
Additional details
Recent trends
The latest IOST price is ₹0.28. Compared to IOST's value of ₹0.28 from 24 hours ago, there's been a -1% decrease, while the current price is -17% down from ₹0.34 which was recorded one week ago. IOST's all time high is ₹11.80, which was reached on January 24, 2018. This is a -98% change from its price today.
The current circulating supply of IOST is 26,174,084,266. This is 29% of its max supply of 90,000,000,000 IOST and 57% of its total supply of 46,071,862,534. The market cap is currently ₹7.39B, which is a result of multiplying the current price of IOST(₹0.28) by the total supply(46,071,862,534 IOST). The fully diluted valuation of IOST is ₹25.40B. The diluted valuation of IOST is ₹25.40B.
Market details
IOST vs markets
↘ 64.67%
IOST vs BTC
↘ 69.32%
IOST vs ETH
↘ 31.05%
Tags
hardware
iot
binance-listing
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | NA |
Price history
Time | Price | Change |
|---|---|---|
Today | ₹0.28 | ↘ 0.81% |
1 Day | ₹0.28 | ↘ 0.81% |
1 Week | ₹0.34 | ↘ 17.50% |
1 Month | ₹0.33 | ↘ 15.18% |
1 Year | ₹0.55 | ↘ 50.30% |
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.
We update our IOST to INR currency in real-time. Get the live price of IOST on Coinbase.
The current market cap of IOST is ₹7.39B. A high market cap implies that the asset is highly valued by the market.
The all-time high of IOST is ₹11.80. 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 ₹709.92M.
Assets that have a similar market cap to IOST include Nexusmind, Stronghold SHx, Velo, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of IOST is 26 billion.
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