IOST Profile (IOST)
Project Safety Score
Sat, Jan 22, 2022 9:58 AM
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 $40 million from world-class investors, including Sequoia and Matrix, IOST aims to be the underlying architecture for the future of online services. The powerful consensus algorithm “Proof-of-Believability” enables next-gen transaction throughput speeds while ensuring nodes stay compliant, using factors including IOST token balance, reputation-based token balance, network contributions and user behaviors. A faster grade Byzantine Fault Tolerance mechanism, microstate blocks, Atomic Commit protocol and a dynamic sharding protocol (Efficient Distributed Sharding) all ensure transactions are safeguarded, consistent and lightning fast while reducing storage, configuration costs and processing power for validators. Anyone is able to participate in every layer of our system, from using services on our blockchain to running a node and validating transactions. Our rules and code are open for all to see and no preconditions will limit participation. IOST aims to fundamentally disrupt previous methods of business by creating a self-operated, trustless network that maximizes network value for all parties. The project places great emphasis on decentralized and secure ways of storing information. It also provides for Dapps and smart contracts, and anyone who is familiar with blockchain technology knows just how integral these two concepts have become. Adhering to the quintessential egalitarian values of blockchain technology, IOST is creating a censorship-resistant and trustless network that is open to all, using blockchain technology to cut out middlemen and maximize network value for all parties. Terrace Wang, Kimmy Zhong, and Ray Xiao, who are extremely brilliant, have co-founded the project. In addition to these original three, the project has 12 employees and 4 advisors. It is also worth noting that Ryan Bubiski, a co-founder of CodeAcademy and a winner of Times Most Influential People award plays a major role in the advisory board of the project. The team has partnered with about sixteen blockchain and cryptocurrency oriented companies such as Sequoia, Nirvana Capital, and DFund. The project, therefore, has strong investors."
Read more in the whitepaper:
IOST Project Statement
Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.
Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.
IOST Safety Report
IOST has a safety score of 6.3
IOST is a small cap coin.
IOST is suited to a balanced investment style.
This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.
- bitcointalk thread
- tradingview profile
IOST Red Flags
There are currently no IOST red flags.
IOST Development Score
The IOST project has 48 active source code repositories.
The most recent commit was Fri, Jan 21, 2022 9:34 AM
- 523 Watchers
- 911 Stars
- 280 Mentionable Users
- 0 Vulnerabilities
- 3 commits in the last 28 days.
- very high stars
- very good repo stars
- daily repo updates
- average watchers
- very low mentionable users
IOST Sentiment Score
The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.
- The overall sentiment is very positive
- Enough of a collection of articles to be just about confident of the sentiment
IOST Community Score
The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on IOST?
The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.
Overall IOST has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.
- extremely high hashtag tweets
- extremely high gitHub account watchers
- poor reddit articles
IOST Awareness Score
The awareness score indicates how well IOST is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the IOST is but a good measure of longevity is how well the project is known by the general public.
Overall IOST this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.
- low search result total
- poor number of news articles mentioning IOST
- poor number of headlines about IOST
- low number of IOST YouTube videos
IOST Credibility Score
The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?
- Mature project age (released Jan 16, 2018)
IOST Volume Score
The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag
- good USD 24hr volume
Red flags come in all shapes and sizes
At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.
You expect a level of transparency and professionalism from a project that is asking for your money.
There are all sorts of red flags which you should be weary of;
- 404 (missing) websites
- Expired SSL certs
- Malware/Hijacked sites
- Suspended Twitter accounts
- Private Subreddits
- SEC investiations
If you spot anything suspicious/resolved then please let us know.
IOST Red flags
No red flags
No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.
How complete is this profile:
A few missing data points
This profile is still waiting for the following data points
- bitcointalk thread
- tradingview profile
Market Cap Rank:
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