What is IOSToken?
IOSToken is a project that’s aimed to help the “internet of services.” The objective of this cryptocurrency is to make a marketplace ecosystem where online service providers are able to monetize their services in on a decentralized platform.
One reason why people like this project is because of its unique form of technology. Unlike other platforms that have a Proof-of-Work or a Proof-of-Stake algorithm, IOST works with a Proof of Believability algorithm. This is more energy efficient than the two which can help make its value rise within the long term.
And IOST uses a Hyper Universe Distribution System. This gives IOST the ability to work with all service providers. When using it, you’ll be able to host your data on multiple nodes on the network. Large enterprise services like Amazon can have their services hosted on the network – Along with business owners that want to exchange and monetize their online services.
We’ll show you the iost price prediction on this project. As it continues to grow in value, popularity, and in usage, we can see that it will make a good impact on the crypto community.
IOST price prediction
IOST’s price is marked at $0.02721. This ICO currently runs on Ethereum’s platform. What does this mean? It means that Ethereum’s price value is highly correlated with IOST. If its value goes up, then so will IOST’s price. But, if there is a major crash – causing all of the cryptocurrencies to lose their value.
For cryptocurrencies of this nature, Moore’s law must be taken to effect. The law states that the price of an asset will double each year. In 2018, it’s price is $0.02721, it’s price will continue to double until it reaches an all-time high of $1.74 in 2024.
But, if IOST has more success than expected, then it’s can easily triple for each year. Like Facebook, IOST’s value will increase from $0.02721 to $4.17 within the next few years. We’ll just have to see how it performs until then!
What is The Future of IOST?
IOST has a great future ahead of it. Not only does it have a good project idea, but it also has the community and the exchange stats to back it up. For an upcoming project, it’s now ranked #59 according to CoinMarketCap.
When we take a further look at its trends, we can see that IOST has reached its highest peak on January 21, 2018. After that, it began to drop and stabilize for the upcoming months. If IOST wants to increase its popularity, it will have to market its platform to a wider audience.
And based on the regional trends, IOST has a large following in the US, Canada, Russia and in Western European countries. If it wants to expand, then it will have to reach countries such as China and bring awareness to the South American region.
In the end, the iost price prediction is leading towards a positive direction. While there may be minor drops in between, the value of IOST will still rise in the long term. So, if IOST is able to adapt to the market’s constant changes, then it too will grow in value as the years progress.