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| IOTA 
| #MIOTA
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| MIOTA Price: | $0.29 | | Volume: | $5.8 M | | All Time High: | $5.64 | | Market Cap: | $0.8 B |
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| Circulating Supply: | 2,779,530,283 |
| Exchanges: | 14
| | Total Supply: | 2,779,530,283 |
| Markets: | 28
| | Max Supply: | 2,779,530,283 |
| Pairs: | 37
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The price of #MIOTA today is $0.29 USD.
The lowest MIOTA price for this period was $0, the highest was $0.292, and the exact current price of one MIOTA crypto coin is $0.29169.
The all-time high MIOTA coin price was $5.64.
Use our custom price calculator to see the hypothetical price of MIOTA with market cap of ETH or other crypto coins. |
The code for IOTA is #MIOTA.
IOTA is 5.3 years old. |
The current market capitalization for IOTA is $810,751,620.
IOTA is ranked #53 out of all coins, by market cap (and other factors). |
The trading volume is big during the past 24 hours for #MIOTA.
Today's 24-hour trading volume across all exchanges for IOTA is $5,771,636. |
| The circulating supply of MIOTA is 2,779,530,283 coins, which is 100% of the maximum coin supply. |
 | IOTA community approves DAO vote to expand community governance
IOTA, one of the largest crypto ecosystems, announced today its community’s approval of the establishment of a community-owned decentralized autonomous organization (DAO).
Starting Monday, June 13, and following a 17-day voting process, community members chose not to eliminate a significant portion of remaining unclaimed tokens in IOTA’s ledger and voted instead to reallocate them into a DAO.
In short, the choice was to build or burn. Approximately 82% of votes were cast in favor of the building. The tokens that will be held in the community treasury under the DAO are currently worth about $18.5M.
This positions IOTA's community to determine the direction and development of the IOTA ecosystem.
It is now up to the IOTA community to define and build the governance structure and mechanisms of this DAO. Once completed, the IOTA community will be able to actively support projects with the treasury.
There are two sources of unclaimed IOTA tokens set to be reallocated into the DAO treasury.
The first is connected to IOTA’s initial crowdsale in December 2015, during which early adopters bought the full IOTA token supply. The sale funded the protocol’s early development, and when the mainnet launched, the vast majority of early adopters claimed the IOTA tokens they had purchased during the crowdsale. The Founders, and later the IOTA Foundation, kept the claim period for the remaining unclaimed tokens open until June 2021.
The other portion of the unclaimed tok...
|  | IOTA community approves DAO vote to expand community governance
IOTA, one of the largest crypto ecosystems, announced today its community’s approval of the establishment of a community-owned decentralized autonomous organization (DAO).
Starting Monday, June 13, and following a 17-day voting process, community members chose not to eliminate a significant portion of remaining unclaimed tokens in IOTA’s ledger and voted instead to reallocate them into a DAO.
In short, the choice was to build or burn. Approximately 82% of votes were cast in favor of the building. The tokens that will be held in the community treasury under the DAO are currently worth about $18.5M.
This positions the IOTA community in a primary role to determine the direction and development of the ecosystem. It is now up to the IOTA community to define and build the governance structure and mechanisms of this DAO. Once this has been completed, the IOTA community will be able to actively support projects with this treasury.
There are two sources of unclaimed IOTA tokens set to be reallocated into the DAO treasury. The first is connected to IOTA’s initial crowdsale in December 2015, during which early adopters bought the full IOTA token supply. The sale funded the protocol’s early development, and when the mainnet launched, the vast majority of early adopters claimed the IOTA tokens they had purchased during the crowdsale. The Founders, and later the IOTA Foundation, kept the claim period for the remaining unclaimed tokens open until June 2021.
The other...
|  | Why The IOTA Foundation Donated £1M To The Imperial College
The IOTA Foundation announced a major contribution to the Imperial College. The non-profit organization based in Europe donated £1 million to the world-renown academic institution to research potential improvements to the circular economy supported by decentralized ledger technology (DLT).
Related Reading | Why IOTA Was Chosen By The European Union To Develop Blockchain Solutions
According to the Ellen MacArthur Foundation, the circular economy contemplates a transformation of the world’s economic model to reduce or eliminate the production of waste. Thus, economic agents would adopt a “system solution framework” to prevent negative impacts on the environment.
The ultimate goal would be for humans to reduce waste and pollution from the production and supply chain and aid “nature to regenerate” itself. The Ellen MacArthur Foundation explains it as follows:
A circular economy decouples economic activity from the consumption of finite resources. It is a resilient system that is good for business, people and the environment.
In that sense, the IOTA Foundation and the Imperial College will collaborate to create an entity that will conduct research to promote the circular economy. Called the I3-LAB or Imperial-IOTA-Infrastructures Lab, the research facility will be located within the Dyson School of Design Engineering in London.
The lab will be comprised of prestigious academic faculty from this engineering school, including Professor of Cyber-Ph...
|  | Why IOTA Was Chosen By The European Union To Develop Blockchain Solution...
IOTA was selected as one of the projects that will take part in the European Union Blockchain Pre-Commercial Procurement. The platform will be competing with four projects in a second round for this EU program for a chance at improving the European Blockchain Services Infrastructure (EBSI). This second phase will last around six months, per the announcement, and will have a special focus on research, development, and lab testing. The IOTA Foundation will receive support from the European Commission in order to investigate and develop “blockchain innovations in the context of testing how future evolutions of EBSI could evolve towards a more scalable, energy-efficient, secure and interoperable architecture”. In that sense, the IOTA Foundation revealed that it will partner with Software AG to implement the developed solution. After, the EU Commission will launch an evaluation phase to test the results of its program’s second phase and the progress each participant has accomplished. The IF added the following: ... based on this evaluation, a minimum of three projects will be selected to move on to Phase 2B, final solutions development and field testing, which is expected to last another year. Therefore, the non-profit organization will start testing blockchain solutions based on IOTA, specifically they will test a use case for digital product passports for digital waste recycling and a cross-border management of IP rights, the announcement said. Besides Software AG, the IF ...
|  | European Commission Selects IOTA For EU Blockchain Development
The IOTA Foundation was recently selected as a contractor for Phase 2 of the EU blockchain’s pre-commercial procurement. They will now develop prototype improvements for the European Blockchain Services Infrastructure (EBSI)’s future versions.
Competing For The EU
The foundation announced the commission’s support in a blog post on their site earlier today. They will be competing with four other selected contractors to research how the EBSI could be made more scalable, interoperable, secure, and energy-efficient.
The EBSI is a collection of nodes using blockchain technology to improve cross-border services across Europe. It was created in 2018 after the EU commission and member states formed the European blockchain sponsorship.
In September, IOTA was selected in Phase 1 of the EU blockchain’s initiative, among seven of thirty-five applicants.
In Phase 2A, the foundation will reportedly work closely with Software AG on implementing its improvements. After six months, the commission will evaluate results from all participating projects, and select at least three for Phase 2B – field testing.
IOTA named sharding as a major component of its scaling solution for EBSI. Sharding is a method by which only certain groups of nodes validate specific types of transactions, vastly increasing transaction volume. Vitalik Buterin has named this as a long-term solution for Ethereum but believes it could take years to implement.
“Our vision for sharding is to develop a Tangle Tree, ...
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