Discord – AO22
DISCLAIMER: I hold a bag of IOTA. IOTA is not an ERC-20 or ERC-721 token. I believe that the upside of this investment is too big to ignore. If not chosen as an investment proposal, this can serve as a personal investment for you beautiful chads! NFA! DYOR!
Price: $0.9767 Marketcap: $2,714,866,281 Fixed supply: 2,779,530,283 Long Term Hold Buy ASAP > Stake IOTA for SMR and ASMB > Sell IOTA after staking is over or at ATH of $5.69 | SELL/STAKE ASMB & SMR when listed on DEXs Over 77% of tokens are staked as of now Risk – Low
IOTA is a non-profit foundation. IOTA is very undervalued. Transactions on IOTA are absolutely feeless. Just recently there was a NFT mint on IOTA of 1000 mints. The total gas fee was $0!!! Furthermore, because of greed, 398 people tried to purchase more NFTs than they were allowed to. The project was able to refund all of them with a $0 gas fee.
Can you imagine minting Chads for exactly 0.08 ETH, with a $0 gas fee?
IOTA just launched smart contracts which are interoperable. That means that any other dapps from other networks can easily switch over to run on top of IOTA, getting rid of the awful gas fees which mean more money in their bag.
Few notable partners: Jaguar Land Rover, Dell Technologies, Linux Foundation, STMicroelectronics, MOBi, Austin Smart City, EDAG, Engie Lab, Evrythng, INATBA, Zebra, Ensurec, BiiLabs, and many others.
Grayscale is considering IOTA as a possible investment among others.
Most recently it has been selected (with other 5 contractors by EBSI (European Blockchain Services Infrastructure) in Phase 2A, which aims to develop a network of nodes across Europe to support cross-border services between EU governments, enterprises, and citizens. It is very possible that the EU network will run on IOTA.
The only downside people have on IOTA is that they say it is still centralized. Which is true. What people do not know is that there is a fully functional decentralized testnet running and it is about to switch over to the mainnet. When this will happen, I can see IOTA going up in Top 10 (in 2017 it was #4).
Buy buying 1 ETH of IOTA and staking it afterward, you will be left with 3 coins: IOTA, ASMB, SMR.
What is ASMB? Assembly is a permissionless protocol to build, connect and deploy smart contracts on a feeless multi-chain network. There is already a $118 million VC investment in this.
What is Shimmer? Shimmer will be the official incentivized staging network of IOTA, with the native Shimmer token (SMR) and an independent ecosystem. All major upgrades of IOTA will first be available on the Shimmer network, offering builders and users a dedicated network to get early access to new innovations and opportunities. Be part of an ecosystem that dares to innovate further than any Blockchain can go. Think of what Kusama is for Polkadot.
Action plan:
There is an option to keep staking ASMB and SMR after IOTA staking is over.
Good luck, have fun. Be safe!