The IOTA team has grown significantly in the past couple of months. They have brought in professionals from all fields including social sciences. Lately, they have been beefing up the team, with technical minds mainly developers, mathematicians, and scientists. The latest addition to the IOTA team is William Sanders. If his profile is anything to go by, then there is no doubt that Sanders is a positive addition to the IOTA team.
Before joining IOTA, William’s research focused on commutative algebra and category theory. Commutative algebra studies algebraic structures where multiplication commutes, such as numbers or polynomials. Commutative algebra is fundamentally connected to geometry, where geometric objects can be studied by their defining polynomials. Category theory, on the other hand, studies the abstract study of structure, namely objects and morphisms.
His profile clearly shows that he is someone who is well-versed in the field of mathematics, and will be a huge asset in making IOTA an even better project than it is today. His entry to the team is a good reason to believe in IOTA (MIOTA) as an investment, especially under current market conditions when the market is deep in the red. Though it is not the only reason to believe in IOTA (MIOTA).
IOTA (MIOTA) is also growing in market acceptance. Members of the IOTA team have been getting invites to speak at major events. For instance, tomorrow, the 15th of November, a member of the IOTA team will be speaking at a SAP event. SAP is a globally renowned German technology company that is worth billions of dollars. The fact that IOTA is represented at such an event is a sign of its growing importance in the global IoT ecosystem. IOTA team members have also been invited to speak at events touching on EU policy, which means that IOTA (MIOTA) is getting recognition at the government level. This recognition and appreciation of IOTA in the EU, where regulations are very strict, could open up the large-scale adoption of IOTA (MIOTA) in the EU and other regions as well.
Besides the potential for more adoption, IOTA has made significant progress in terms of actual market adoption, an indicator that the tech is good. The automobile industry has shown the highest interest in IOTA (MIOTA), but adoption is also picking up at the government level, especially in urban planning and waste management, as is the case with Taipei, Taiwan.
It’s clear that IOTA (MIOTA) is making significant progress in the market both in technical development and in terms of adoption. Therefore, the addition of technical brains to the team, adds value to an already valuable growing cryptocurrency.
With such strong fundamentals, IOTA (MIOTA) is likely to make significant gains in a bull run. The only reason why IOTA (MIOTA) has not been moving much in price is due to the relatively low interest in crypto due to the sustained 2018 bear run. However, once market direction changes, IOTA (MIOTA) will be among the big gainers. Everything about it is right, from team strength to partnerships.