About Us

High fees and slower transaction times on the Ethereum network have left the door open for new solutions to emerge, and IOST is the pioneering project that has been gaining traction for its superior and revolutionary technology since its mainnet launch in 2019.

The basic technology behind IOST–a decentralized, high throughput blockchain–supersedes 37 high-profile competitors, including EOS and Ethereum, for more than 5 times, per the latest ranking from the China’s Center for Information and Industry Development

Scalability

With 0.5 blocktime and 8,000 TPS, you can build any application on IOST without concerning about the speed

Affordability

You can attain free resources via staking $iost

JavaScript Programming Language

You can build on IOST using the most popular programming language- JavaScript

Leadership

IOST’s team members have diverse and rich professional background from top tier companies such as Microsoft, Uber, Oracle, Kraken, BCG and more

Mission

IOST is an ultra-fast, decentralised blockchain network
based on the next-generation consensus algorithm
“Proof of Believability” (PoB).

Led by a team of proven founders and backed by world-class investors, our mission is to be the underlying architecture for online services that meets the security and scalability needs of a decentralized economy

Roadmap

2024 Q1

  • IOST Mainnet Upgrade: Optimize TPS (Transactions Per Second) to enhance DApp friendliness on the IOST mainnet.
  • IOST Wallet Upgrade: Update and upgrade IOST extension wallets, adding support for custom RPC (Remote Procedure Call) and other functionalities.
  • Continuous Optimization of IOST Account Creation: Simplify the new account registration process to improve user experience.
  • Exploration of Cross-Chain: Explore the possibility of connecting the IOST mainnet with various Layer2 cross-chain solutions.
  • Integration with IoT Devices (IOT): Investigate the integration of IOST with IoT devices, enabling applications in IoT payments and other DEPIN (Decentralized Internet of Things Payment) scenarios.
  • Incubation of Web3+AI DApp Projects: Continue incubating high-quality DApp projects that combine Web3 and AI, encouraging more developers to participate in the IOST ecosystem.
  • Advancement of Strategic Cooperation with Cyberport, Hong Kong: Further advance strategic collaboration between IOST and Hong Kong Cyberport
  • Enhancement of IOST’s Compliance in Hong Kong: Increase awareness and liquidity of IOST in the Hong Kong market while strengthening compliance efforts.
  • Deepening Collaboration with Crypto VCs: Collaborate more closely with cryptocurrency venture capital firms to create innovative project incubation programs.
  • Expansion of Local Market Teams: Expand IOST teams in Hong Kong, Vietnam, Turkey, and Dubai to build strong local communities.
  • Global Ecosystem Partnership Expansion: Expand partnerships with high-quality ecosystem partners globally and onboard more high-quality node partners.
  • Increased Listing Coverage on Global Exchanges: Improve the coverage of IOST on global cryptocurrency exchanges.

2024 Q2

  • SPEC and Formal Verification of IOST Consensus Algorithm: Enhance consensus stability through SPEC (Specification) and formal verification of the IOST consensus algorithm.
  • Upgrade to IOST Block Explorer 2.0: Integrate various DApps, API consolidation, and performance enhancements in the IOST Block Explorer.
  • Optimization of Official IOST Services: Improve official IOST services, including enhancing development documentation and upgrading API node performance.
  • Continued Development of On-Chain Infrastructure: Strengthen research and development in on-chain infrastructure in areas like DeFi, NFT, GameFi, and Web3.
  • Accelerate IOST Web3+AI Project Incubation and Implementation: Actively promote the incubation and deployment of IOST Web3+AI projects.
  • Collaborative Research and Development in Hong Kong’s RWA/STO Business: Collaborate with Hong Kong partners to jointly research and develop Real World Assets (RWA) and Security Token Offerings (STO) businesses.
  • Exploration of Strategic Partnerships with Local FinTech Associations and Institutions: Explore strategic partnerships with local financial technology associations, institutions, enterprises, and government bodies in Hong Kong.
  • Continued Organization and Co-organization of Hackathons: Organize or co-organize hackathons to further support third-party DApp development on the IOST blockchain.
  • Regular Offline Events with Ecosystem Partners: Host offline events with ecosystem partners regularly to engage developers and the community.
  • Increased Exposure, Community Building, and User Engagement in Key Growth Regions: Expand brand exposure, community building, and user engagement in key growth regions such as Southeast Asia, East Asia, North America, and Europe.
  • Continued Global Blockchain Education Series: Deepen the IOST global blockchain education series to train and attract industry innovation and development talent.
  • Expansion of Community Key Opinion Leaders (KOLs): Expand the network of community key opinion leaders (KOLs) globally.

Click here to learn more about IOST H1 2023 Ecosystem Growth Report