About Coin
IOTA is an open-source blockchain that serves as public digital infrastructure to connect global <br />
economies onchain.<br />
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Built on a Directed Acyclic Graph (DAG) architecture that integrates the Move VM, IOTA enables smart <br />
contracts, digital assets, and digital identity to operate directly on a scalable, permissionless Layer 1. <br />
Its modular design supports parallel transaction processing, low transaction costs, and <br />
application-level fee sponsorship, providing a streamlined pathway to market adoption. <br />
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IOTA is already used in live, real-world environments, including a strategic focus on digital trade and <br />
supply-chain infrastructure. Through collaborations with governments, global institutions, and industry <br />
partners, IOTA supports initiatives that range from digitalized trade documentation, digital product <br />
passports, business identity, and asset flows across borders. Flagship deployments such as the Trade <br />
Worldwide Information Network (TWIN) embed IOTA into national and cross-border trade systems, <br />
enabling shared, verifiable data and coordinated processes across complex networks of public and <br />
private actors.<br />
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The IOTA network is secured by a delegated proof-of-stake model and governed through onchain <br />
mechanisms aligned with long-term network sustainability. The $IOTA token is used for network <br />
participation, staking, and validator rewards, while onchain activity requires tokens to be paid and <br />
burned as fees. Additional mechanisms such as refundable storage deposits and sponsored <br />
transactions allow applications to manage costs and abstract blockchain complexity from end users, <br />
supporting adoption in regulated and institutional contexts.<br />
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Founded in 2015, IOTA is one of the longest-running projects in the digital asset space and is guided <br />
by the non-profit IOTA Foundation, headquartered in Berlin, Germany. Developed as public digital <br />
infrastructure, IOTA focuses on trust, interoperability, and deployment at scale across global economic <br />
systems.