IO

IOTA

IOTA
IoTRank #72IOTA

$0.0644

+1.97%24h
+1.55%7d

Market Cap

$277.24M

Volume 24h

$4.94M

Vol / Market Cap

1.78%

Rank

#72

IOTA Price Chart

About IOTA

IOTA is a distributed ledger designed for Internet of Things data and microtransactions.

What Is IOTA (IOTA)? IOTA is a distributed ledger technology built for the Internet of Things, enabling feeless microtransactions.

How It Works

A distributed ledger technology built for the Internet of Things. Instead of a traditional blockchain, it uses a Tangle (DAG) structure to enable feeless microtransactions.

Use Cases

Machine Economy: Used for feeless data and value transfers between IoT devices like sensors, vehicles, and smart grids.

Tokenomics

Zero-Fee M2M: Uses a DAG-based design rather than a traditional blockchain, enabling feeless machine-to-machine transfers for IoT use cases.

Risks & Considerations

IoT niche struggles against centralized IoT clouds and incumbents.

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