IOTA

IOTA Historical / collapsed

What this page is: neutral, sourced facts about IOTA. Every line links where it was checked. 8 facts, 0 from primary sources. Educational, not financial advice.

Live chart

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IOTA chart

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Launch

The IOTA network went live in 2016. secondary source source

Founders and creators

Following a dispute between IOTA founders David Sønstebø and Sergey Ivancheglo, Ivancheglo resigned from the board of directors on 23 June 2019. secondary source source

Stated purpose

In 2018, the IOTA Foundation was chartered as a Stiftung in Berlin, to assist in research and development, education and standardisation of IOTA technology. secondary source source

Consensus mechanism

Directed Acyclic Graph (DAG) architecture. secondary source source

Supply model

Approximately 1300 BTC were raised, and the total token supply was distributed pro-rata over the initial investors. secondary source source

Main uses today

Smart contracts, digital assets and digital identity; focus on digital trade and supply chains. secondary source source

Key milestones

IOTA was rewritten for a network update called Chrysalis, or IOTA 1.5, which launched on 28 April 2021. secondary source source

Notable events and controversies

In January 2018, more than US$10 million worth of IOTA tokens were stolen from users of a malicious online seed-creator. secondary source source

Sources & studies

Last checked: 2026-11-04 · Prices, market caps and circulating supply are left out on purpose because they change by the minute. Educational, not financial advice.

Education only, not financial advice. No signals. Backtests are hypothetical: real trading can be worse. Past results don't predict future results.