![]() Although IOTA is a distributed ledger, its network (called Tangle) is not technically a blockchain. IOTA is the first project of its kind, designed for the Internet of Things and seamless integrations with other real-world technologies. In 2016, a team of like-minded developers from 25 countries worldwide introduced IOTA (MIOTA) and its innovative “blockless” architecture. How do Iota price movements correlate with market trends? Check our comprehensive cryptocurrency price page for information at a glance. And the lowest recorded MIOTA price is EUR. ![]() ![]() The market rank of Iota is based on a market capitalization of EUR. The price has changed by EUR in the past 24 hours on trading volume of EUR. I'm very excited nonetheless.The current Iota price is EUR. It is possible we are too late to the party, and I'm not sure we can squeeze in the interim industrial play here while we wait for the IoT industry to really mature. I just hope that the NFT and DeFi marketplaces aren't too saturated for this industrial use case now. It is a great opportunity to get into new cryptoconomies at the ground floor. That means IOTA will be like the on-ramp to get Shimmer, and likely there won't be too many ways to get Shimmer for a while. If Shimmer is the experimental network to help DLTs scale, does its tokenization model obfuscate that of the IF? I am reading that the IF wants to be the base tokenization layer, so I think the Shimmer network is supposed to be a natural extension of this. The longer-term question for me becomes which network really does have the intrinsic value then. I have a concern that this is released in a mini-bear market where money is not flowing into new projects at all. Who knows if this tokenization model generates new value because we don't know if there is enough demand yet. ![]() I'm concerned that MIOTA staking rates print SMR like crazy. Whereas, SMR would be very abundant compared to IOTA in this staking hypothetical. That would mean KSM is actually scarce compared to Polkadot (DOT), partially explaining why it is worth so much more than DOT. Based on CMC's listing of KMS circulating supply, the token supply ratios are actually reversed and the spread is wider for IOTA and SMR compared to DOT and KSM. ![]() The truth is CMC doesn't know the actual supply of Kusama (KSM), so that is problematic for comparison. So, if MIOTA holders are the only ones who have SMR when interest rewards and MANA begin, and MIOTA holders have a mechanism to earn, value begets value.įor those who are wanting to make comparisons. In theory, this new Shimmer network can generate new activity, but the underlying asset must be demanded and somewhat scarce. Obviously you cannot expect the exact same market caps for SMR and MIOTA right out the gate, but maybe this gives you an idea of its future potential. Note that this is just for a benchmark and is not a great comparison. The below assumes that the price of SMR would be directly proportional to MIOTA at the onset (which is just a raw comparison). That’s 556 Ti staked.Īccording to the Shimmer (SMR) calculator, after 90 days there would be:Ĥ32,345,600,000,000 SMR, or ~432 trillion SMR Let’s assume that 20% of these are staked for the entire 90-day period. I invite others to come up with a static comparison for fun. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |