IOST Coin Launched on Early January is Now #47 on CoinMarketCap

A relatively unknown project called IOST is now trading #47 on CoinMarketCap since its launch in January 12.

Based on its Bitcointalk ANN:

“In our vision, the IOS (Internet of Services) is a next-generation blockchain technology that provides the network infrastructure to support a service-oriented ecosystem. The IOS platform not only provides its users a completely decentralized way to exchange online services and digital goods, but also enables developers to deploy large scale dApps with the ability to support massive number of users. With a series of groundbreaking innovations, such as EDS (Efficient Distributed Sharding) and Believable-First consensus approach, we are able to increase the system’s throughput enormously while guaranteeing security.

Our institution-only private token sale has completed, and we did not hold any public sale. We announced our premiere launch on OKEx and Huobi on January 12, 2018.”