Only someone stuck with a 2017 view of IOTA would dare to say we haven't delivered anything.
The big difference with IOTA was that we are one of the few projects that actually dared to put in the challenging work on real world adoption use cases. We have invested most of our time and energy to prove that Blockchain isn't just a token casino.
Look for yourself:
👉 Running in production in Kenya to digitize their trade: https://t.co/kK8E6tnbZA. Check out the latest video: https://t.co/5i8JCdJvRp
👉 Growing this infrastructure together with leading organizations to get it adopted across the world as a standard https://t.co/BH7Yl5qXSQ. Even Tony Blair is promoting it https://t.co/7L5ubwfVAL
👉 RWA tokenization with the tokenized funds in ADGM https://t.co/09QjYkcUfu
👉 Digital product passports: https://t.co/Qy5K0URci5
👉 Helping the EU to build their Blockchain infrastructure: https://t.co/RnhybJ4k71
👉 Onchain KCY solution EU Regulatory Sandbox https://t.co/SKwP7f17Uy
Circular economy lab together with Imperial College https://t.co/4pdp654F1C
And so much more that is happening right now in our EVM and soon our Move ecosystem.
Instead of building a machine aimed at extracting value from retail investors, we were operating as a regulated German non profit foundation working to advance enterprise / government adoption and bring it all onchain. We never played the short-term game, we are here for the endgame of mainstream adoption where these networks host trillions of dollars in value. That's a big difference.
We have absolutely had our fair share of mistakes, public drama, infighting and bad decisions. I was part of that and I own up to those mistakes. We have learned a lot from failing and repeatedly getting punched in the face. But unlike many of these other projects, we kept on going, we corrected all those mistakes and we pushed forward to make sure that IOTA will succeed.
When things got tough for IOTA, we kept on fighting. That is the difference. We have had to make difficult decisions to adapt ourselves to the changing market. Operating in 2024 is very different from 2017. But we are better positioned than ever thanks to these difficult decisions we've made, and pushing forward with our unique adoption cases. IOTA Rebased is the latest one, and I'm happy to see that you like it.
To answer your specific points:
- About centralization. Have you looked at most of the projects around us today, who are effectively either full custodial L2s, multisigs with kill switch, centralized sequencers etc. IOTA was never as centralized as those projects, and has never put user funds at risk - quite the opposite. Now with Rebased, this concern of yours will be fully removed.
- IOTA was the only project (next to Bitcoin really) that has distributed 100% of the token supply to the community in our ICO in 2015 (we only raised $500k back then btw). We have effectively operated for 8 years from donations by the community. I think you should applaud us for that, and not attack us. We could have relaunched IOTA with new brand and token and raised $100m+ from VCs (like most in this space would have done). Instead we decided together with the community to double down on IOTA and finish what we started. The 30% ecosystem fund is there to ensure that we realize the vision of IOTA, and it is nothing compared to the 50 - 80% that is kept by insiders with most of the new projects.
What I found most sad about some of your attacks Eric is that you haven't attacked the worst scammers, grifters, ponzi schemes and value-extracting projects in this space like you have attacked us. You know good well how many of these projects operate. We have been continuously building for 10+ years, working on real adoption and helping to advance and legitimize this space.
Brother, It is time that you update your view on IOTA in 2024 / 2025. You should be part of this comeback story of IOTA.
"IOTA Rebased: Fast Forward”
Introducing **IOTA Rebased** - a pivotal proposal to redefine IOTA's future. This upgrade aims to accelerate IOTA’s journey towards full decentralization & programmability. (1/10)
A Thread 🧵 summarizing the key points.
#IOTA #Rebased #Blockchain #Crypto #DeFi #IOTArebased
This is the highest Altcoin Season index since 2022!
From now altcoins will go parabolic at any moment
The $1,000 in the right alts will be $100k in 2025
Here are 10 best alts to accumulate before altseason begins(it's ur last chance) 🧵👇
🔥 $IOTA Set for Growth! 🔥
$0.56 is just the start as $IOTA shows potential for a strong bullish move!
💡 Key Targets:
$2.1 (First Hurdle)
$2.6 (Next Step)
$4.2 (Blue Line Optimistic Target)
📊 Volume and sentiment will validate the breakout. Watch closely!
#Altcoins#IOTA #CryptoMarket
$IOTA @iota perpetual futures now live and ready to trade!
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🚨 Big things happening with @iota 🚨
The Layer 1 blockchain is making its comeback stronger than ever with cutting-edge tech, real-world adoption, and huge growth potential. 🔥
After a massive upgrade, $IOTA now supports 50k+ transactions per second (TPS) and a lightning-fast 400ms confirmation time, making it one of the fastest networks out there. ⏱️ But that’s just the beginning – staking rewards are hitting up to 15% APY, offering great returns for early adopters. 💰
What makes $IOTA stand out? Unlike other networks, it’s the first to combine two of the most powerful smart contract technologies: EVM (Ethereum) and MoveVM (used by projects like Aptos & Sui). This means it can handle a wide range of use cases, from DeFi to tokenizing real-world assets (RWA). 🌐
The real kicker? $IOTA is already trusted by major institutions and even governments worldwide! 🌍 It’s been involved in everything from digital product passports to IP rights management across Europe, with even more partnerships in the pipeline.
With no VC allocations, $IOTA’s tokenomics are fair, minting tokens on-demand instead of flooding the market like other projects. 📈 It’s primed for serious long-term growth, and its previous all-time high of $5 is looking more and more likely to be challenged in this bull market. 💥
$IOTA is positioning itself as the backbone for a decentralized future, helping legacy systems move onto the blockchain. Whether it’s through tokenizing US Treasuries or supporting the global economy, $IOTA is ready to scale big! 🚀
Want to explore more? Check out the IOTA Rebased testnet: https://t.co/cncsENHIVR
#IOTA #Blockchain #Crypto #DeFi #Staking #MoveVM #EVM #RealWorldAdoption
Major Milestone!
#IOTA EVM has reached $1️⃣0️⃣0️⃣,0️⃣0️⃣0️⃣,0️⃣0️⃣0️⃣ TVL just 6 months post launch!🙌
Thanks to our incredible community of builders, protocols & devs for getting us here 🙏
Check it out on @DefiLlama
$100m in TVL is a huge milestone, and I'm really proud of our team and the community for making this possible❤️🚀
It is time that we start thinking bigger with IOTA. We have awoken from hibernation, and we are here to prove to the market that we are playing the big league.
We need to not just 10x these numbers, but 100x. The opportunity with IOTA is to become one of the leading digital infrastructures that will power our world. Tokenized onchain finance is just the start.
Let's dream big, and execute big.
Really exciting to see all these professional validator and staking providers support #IOTA 👏
$IOTA staking will make the institutional adoption of IOTA so much easier. Investors will earn staking rewards with 10 - 15% APY.
It's about time we think about IOTA ETFs and ETPs.