IOST
Financials
Estimates*
USD | 2022 | 2023 |
---|---|---|
Revenues | 2.6m | 2.6m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
N/A | Seed | ||
N/A | Series B | ||
N/A | Late VC | ||
* | $10.0m | Late VC | |
Total Funding | $10.0m |
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Recent News about IOST
EditIOST operates as a high-performance blockchain network designed to meet the security and scalability demands of a decentralized economy. Utilizing a next-generation consensus algorithm known as Proof of Believability (PoB), IOST ensures ultra-fast transaction speeds and robust security. The company serves a diverse range of clients including developers, investors, and node operators, primarily within the blockchain and cryptocurrency markets. Its business model revolves around providing the underlying architecture for decentralized applications (DApps) and online services, thereby facilitating seamless and secure transactions. Revenue is generated through transaction fees, partnerships, and ecosystem growth. IOST has formed strategic alliances with various organizations, such as the Japan Blockchain Association and Ludena Protocol, to foster blockchain technology adoption and expand its user base. The company is backed by world-class investors and led by a team of seasoned experts, further solidifying its position in the market.
Keywords: blockchain, PoB, decentralized, scalable, secure, DApps, transactions, partnerships, investors, ecosystem.