This coin called IoT Chain has a lot of potential. I invested a week back and extremely enthusiastic about this project. It has that same vibe which NEO and WTC had in their early days: not well-known in the Western community, high volume but low price, team planning to ramp up marketing to the West. There is actually more to this coin:
• It is not only DAG, it is a combination of blockchain and DAG where the DAG is spread over the nodes
• It has gotten significant VC investments from very respected VCs in China, such as Link Capital Finance and the largest
• Chinese crypto fund FBG (who also invested in OMG and 0x). If that doesn't validate the project, I don't know what will
• They have a pdf on their website where they show what the partnerships consist of. These are not empty partnerships, but these companies will actually use their products
• They are producing their own hardware chips
• The Chinese are going crazy for it. The Telegram is full of Chinese people and volume on Okex and Huobi only was over $100m a couple of days ago, on a $130m market cap
• They have confirmed in the TG that they will have lots of announcements in Q1 2018, including a future option to lock-in the tokens for dividends
• They have also confirmed in the TG that they aim to ramp up marketing to the West in the coming weeks
• They have also said that they expect to outperform their roadmap and release Mainnet much earlier than currently mentioned
• The team currently consists of 20+ people
• They have paid a listing fee to Binance a month ago
• They are doing an AMA today in their subreddit
• This is one of those great Chinese projects with good fundamentals that are flying under the radar. It is gaining traction now but not on any Western exchanges and completely unmarketed. Get in now while it's still cheap because when the West finds out about this I don't think it'll stay in single digits for long