IOST is a decentralized Blockchain Network.
- What is IOST?
IOST stands for Internet of Services Token, which is the native currency of a blockchain infrastructure, which aim is to solve the scalability through Efficient Distributed Sharding (EDS).
- How was IOST launched?
The entire supply of 21 mil. tokens has been minted during the Initial Coin Offering (ICO) Event.
The distribution of the tokens has been accordingly:
40% Token Sale
35% IOS Foundation
12.5% Community Building
2.5% Investors & Advisors
- Who is the team behind IOST?
The Launch of IOST was initiated by 6 Co-Founders and the team has now grown to over 50 members spread across Asia and North America.