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Review on IOTA by Jessica Mandes
In summary. IOTA is a very good crypto currency with lots of prospects in manyβ¦
In summary. IOTA is a very good crypto currency with lots of prospects in many industries like the up coming internet of things. Despite the fake partnership that lead to mistrust among investors, the still have enviable project which could make a huge turning point for IOTA. The micro payment feature is one good thing that has been a big attraction to investors.
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Pros
- IOTA is less expensive when it comes to making micropayments compared to other cryptocurrencies. This is what distinguishes it from most other currencies and has become a major attraction for investors. With this feature, their is a major compliance to micro tasks on the network
Cons
- There was an alleged fake partnership announced by IOTA which was a big blow to the project and made a lot of investors pull out leading to a sharp decline in IOTA price. This fake marketing which IOTA adopted is still affect it till date and will take a lot of effort to totally eradicate.
