IOST (IOST) was in good mood starting today’s market with something positive as rest of the market has started the week with another reddish trend. Almost every top Altcoin including Bitcoin (BTC) are following the bearish trend. The top 10 coins are in red zone with an average of –3% in last 24 hours, at the time of writing.
IOST went on to touch the highs of $0.013 USD almost after 17 days, but it could not bear the bearish market. At the time of writing, IOST was in the red zone with –1% and still has been one of the leading coins of today’s market just because of a good start today.
IOST aims at becoming the core architect of the online services. IOST wants to serve every developer on Earth, similar to Github, they want to be the best place to build software and believe in the power of community. So IOST can achieve more when they will collaborate more with others.
IOST fons et origo (origin) is based in China but it also has an international existence with its Centre’s in San Francisco and Berlin. The biggest investors of IOST project are Huobi and the Silicon Velley from Sequoia. Sequoia is an American venture capital firm which helps company’s growth and its collaboration with IOST indicates a shining future for the coin.
Recently, IOST held a DApp meet up with their partner EverSystem to discuss on introducing their Next DApp game on IOST, IOStoken tweeted:
“#IOST held a #DApp meetup with our partner EverSystem in Nagoya! EverSystem is the producer of “CryptoNinja”. We are discussing hosting their next DApp game on $IOST! I will come to Japan on 11/06 for further collaboration.”
IOST in its recent update has indicated that they will releasing the v2.0 Everest Public TestNet and an external security inspection of the IOST network. This frame-up IOST network to fully launch their MainNet v1.0 Himalaya later in the 1st quarter of 2019. IOST is working hard to bring in a decentralized and scalable blockchain in the market.
The major aspect for IOST project is the experience working behind it. It includes in its core team members from top institutes around the globe, like; Harvard, Princeton, etc. and from tech firms which includes, Google, LinkedIn and Uber. This is a big plus for IOST, as it has a lot of experience working on its project. So, keeping this aspect in mind IOST future looks bright ahead.
At the time of writing, IOST was trading with a price of $0.0122 USD with a market cap of $102 million and a trade volume of $18 million. When compared with BTC, IOST was up with 0.09% and with ETH, it was up about 1.81%. But comparing it with USD it was down with –1.17% in last 24 hours. At the moment, IOST stands on 63rd spot in the market, but with its daily improving technology and stability in the market indicates a bullish site in future. Some crypto enthusiasts expect IOST to be in top 20 in future. Well, let’s see what IOST has to offer more in coming days.