IOTA

iota

IOTA (IOTA) is a pioneering Layer 1 (L1) Distributed Ledger Technology (DLT) and Smart Contract Platform designed to bridge Web3 innovations with real-world applications, particularly for the Internet of Things (IOT) and Decentralized Physical Infrastructure Networks (DePIN). Leveraging a Directed Acyclic Graph (DAG) architecture, IOTA achieves unmatched scalability, instant settlement, and fee-less transactions. It supports dual programmability with secure Move-based Layer 1 smart contracts and an IOTA EVM Layer 2, offering broad compatibility. The IOTA token fuels this ecosystem, serving as the medium for gas fees and powering the network's Delegated Proof-of-Stake (DPoS) consensus. Holders can stake iota to earn rewards while contributing to the network's security and decentralization, ensuring a robust and efficient digital asset environment for developers building on IOTA. It is also part of the DWF Labs and Outlier Ventures portfolios.

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