Keep an eye on IOST

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Volume (24h)


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18.7B IOST

All time high


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Price change (24h)


Price change (7d)


About IOST

IOST describes itself as a fast, decentralised blockchain network based on a consensus algorithm called Proof of Believability.

What is IOST?

IOST, or Internet of Services Token, is a decentralized blockchain network and ecosystem that strives to provide an infrastructure for online services. It is built on a unique consensus protocol known as "proof-of-believability" (PoB), which is designed to ensure efficient transactions on the network. IOST's blockchain infrastructure is open-source and is designed to serve as the backbone for future online services. The IOST token is used within this ecosystem and is proposed as a solution to scalability issues that may prevent large companies from adopting blockchain technology in customer-facing environments.

How does IOST work?

IOST operates on a unique consensus protocol called "proof-of-believability" (PoB). This algorithm is designed to ensure that transactions on the network are efficient. To achieve transaction speeds, the IOST team has developed a novel blockchain architecture that combines several innovations, including a Distributed Randomness Protocol, Efficient Distributed Sharding, TransEpoch, Atomix, Proof-of-Believability, and Micro State Blocks. These innovations aim to enable IOST to process up to 100,000 transactions per second, an improvement compared to some other networks.

What are the potential use cases for IOST?

IOST aims to serve as the underlying architecture for online services in a decentralized economy. It is designed to handle heavy loads produced by large tech companies, making it suitable for enterprise use. The IOST token can be used within this ecosystem, potentially addressing scalability issues that may prevent large companies from adopting blockchain technology. Furthermore, IOST's transaction speed and infrastructure may make it a choice for any application that requires fast transactions in a decentralized environment.

What is the history of IOST?

IOST was launched in January 2018 by a team with diverse backgrounds including Jimmy Zhong, Terrence Wang, Justin Li, Ray Xiao, Sa Wang, and Kevin Tan. The team has a diverse background, with experience in tech startups, software engineering, investment banking, data science, and more. An Initial Coin Offering (ICO) was held in January 2018, during which 40% of the total token supply was sold, raising a substantial amount of ETH at the time. Since its launch, IOST has been focused on developing its unique "proof-of-believability" consensus algorithm and blockchain infrastructure to provide a scalable solution for online services.


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Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

IOST is on the rise this week.

The price of IOST has risen by 3.68% in the past 7 days. The price declined by 0.19% in the last 24 hours. In just the past hour, the price shrunk by 0.12%. The current price is $0.0094 per IOST. IOST is 93.32% below the all time high of $0.14.

The current circulating supply is 18,708,894,189 IOST.


What is the current price of IOST?

We update our IOST to USD currency in real-time. Get the live price of IOST on Coinbase.

What is the market cap of IOST?

The current market cap of IOST is $175.08M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of IOST?

The all-time high of IOST is $0.14. This all-time high is highest price paid for IOST since it was launched.

What is the 24 hour trading volume of IOST?

Over the last 24 hours, the trading volume of IOST is $8.71M.

What other assets are similar to IOST?

Assets that have a similar market cap to IOST include Livepeer, Harmony, Flux, and many others. To see a full list, see our comparable market cap assets.

How many IOST are there?

The current circulating supply of IOST is 19 billion.

Can I buy IOST on Coinbase?

No, IOST is not currently available on Coinbase, but you can sign up to get the latest news on IOST and be notified when it gets added to our exchange.

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