Hey guys, it's the voice of the blockchain, Satoshi's big cousin, cryptography's finest, Champagne Crypto here, thanks for tuning, in.
Today I want to talk about IOATA. Should You Buy IOATA Coin?
IOATA coin aims to provide the standard technology for the Internet of Things a new layer of the internet where machines can communite to each other.
The IOT industry promises to grow exponentially in the coming years but it's important to be aware that IOTA coin isn't the only coin that can service the IOT industry. Ethereum Classic also promises to provides solutions for the IOT. Byteball coin as well. Additionally IOTA coin is NOT blockchain tech but rather whats called "The Tangle". While The Tangle promises to be a more efficient technology than blockchain it has yet to be tried and tested. We simply don't enough about IOTA coin and its tech to make a long term call on price.
On the other hand, considering the summer crypto explosion, speculation on IOT growth, and the public awareness that IOTA has been able to achieve, it's possible IOTA may boom to $1.00 this summer.
What do you think? Should You Buy IOATA Coin? Leave a comment below.
Related link:
IOTA The Economy of Things
https://iota.org/
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