Review of IOST: Upgraded to BB — Positive Outlook and Moderate Risk
TokenInsight has recently published the rating report for IOST, which has received a project rating of BB with a positive outlook.
❔What is IOST:
IOST (IOST) is building an ultra-high TPS blockchain infrastructure to meet the security and scalability needs of a decentralized economy. Led by a team of proven founders and backed by world-class investors, our mission is to be the underlying architecture for the future of online services.
Key Points:
✅ IOST is dedicated to becoming a next-generation high-performance public blockchain platform that can offer developers a strong, stable underlying infrastructure. Compared with other public blockchain projects, IOST’s primary innovations and upgrades have focused on the blockchain consensus mechanism and blockchain virtual machines.
✅ IOST’s Proof of Believability (PoB) consensus mechanism can be summarized as an improvement of the DPoS consensus mechanism that works to solve its severe centralization problems.
✅ Since the launch of its mainnet, IOST has worked continuously to create a thriving ecosystem, releasing applications in areas including DApp games, DeFi, and social networking.
✅ In terms of tokens, the team and foundation hold a total of 45% of all tokens, of which the 35% held by the foundation remains locked.
✅ The IOST team shows a high level of capability, and most team members have extensive experience in blockchain projects and enterprise management.
✅ Compared with competitors, IOST’s mainnet has only been active for a brief time, thus far generating a relatively low volume of contracts and DApps.
✅ IOST has quickly generated discussion since the release of its first-generation mainnet Olympus, indicating many are following its development.
💡Read the full report
Want to see a report like this and more? Learn more here
About TokenInsight
Find, Spread and Create Value in Blockchain.
TokenInsight is an independent third-party data analytics organization whose focus is to provide accurate information and ratings on companies developing in the blockchain industry. TokenInsight is dedicated to providing accurate ratings, research, and analytics that contribute to intelligent financial decisions and market transparency.
🌏If you like our reviews, also join us on🌏:
💡Official website: https://www.tokeninsight.com
📌Official LinkedIn page: https://www.linkedin.com/company/tokeninsight/
🔎Telegram: https://t.me/TokenInsightOfficial
