IOTA! IOTA!! IOTA!!!

in #blog7 years ago (edited)

I have not sold a single iota yet, and I will explain why.

iotaaaa.JPG

Image source https://iota.org/

First of all the technology is the first true leap in fundamental distributed ledger architecture since Bitcoin itself. Sure there has been a lot of different experimentation and adjustments to the blockchain, but fundamentally all of them are still a blockchain, IOTA is not. IOTA resolved the scaling problems, the fee issue and the centralization issue, literally the top 3 concerns of blockchain that has kept it out of real world use forever. Even just solving one of them would be revolutionary, as is evident by hundreds of projects proclaiming to do just that, they solved all 3! It's hard to overstate, in fact almost hard to believe, until you look at the code and play with the protocol.

Secondly is the team, the entire core team of IOTA consist of blockchain veteran seminal thinkers who pioneered everything from full Proof of Stake to 2.0 functionality like Asset Management, Voting etc. as well as first movers in the field of combining distributed ledger tech with Identity, Internet of Things, Voting, Supply Chain before pretty much anyone else. They have consistently shown that they are years ahead of everyone in terms of vision and creating technology that enables the vision.

Thirdly look at the community and ecosystem. There is already 10s of thousands of people, their Slack alone got almost 7000 people and it is growing by hundreds each day. There is a 10 million dollar ecosystem fund for everyone to build projects on the platform.

Finally they got real world companies involved, only Ethereum can rival them here. They are working with Microsoft, Bosch, Innogy, Ubuntu, Cisco, Thomson Reuters etc. before they even launched.

Should you invest? Well, if you can show me anything that can beat this I will pay you 100 000 dollars of my own money just to be part of it.

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Welcome to the platform, I wish everything work out for you. It’s not easy here but not difficult neither but just ask an extra effort, engagement is the key good luck I’m @mohit Start by following people and they will do the same.

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