IOTA launches first cryptocurrency market for the IoT

IOTA Foundation in a partnership with more than 20 companies has recently announced the launch of a new data marketplace
29 November 2017   2686

The Berlin-based IOTA Foundation in a partnership with more than 20 companies, including Microsoft and Fujitsu has recently announced the first publicly accessible data marketplace for the Internet of Things (IoT).

The marketplace, which will allow stakeholders to share and monetize their data in a secure way, aims to demonstrate a proof of concept for a tamper-proof data marketplace. Once uploaded to IOTA’s decentralized ledger, all data is distributed to countless nodes in order to ensure immutability.

We are excited to partner with the IOTA Foundation and proud to be associated with its new data marketplace initiative.

 

Omkar Naik

Blockchain specialist, Microsoft

The news comes as IOTA price rose to a new all-time high $1.54, what might be connected with the launch of a new data marketplace. Furthermore, IOTA is likely to continue moving higher toward $2.00 in the near term.

IOTA chart 1.5IOTA charts

At the moment of press, these are main market parameters of IOTA:

  • Average price: $1.49 USD
  • Marketcap: $4 134 940 430 USD
  • 24h volume: $444 132 000 USD

This Thursday at 8:00 AM PDT, Dominik Schiener and David Sønstebø will have TNW Answers session where they will be responding to questions about the launch of a new data marketplace. We will keep you updated as more details come in.

GRAM May be Traded at Liquid at Triple ICO Price

Bloomberg says that Telegram tokens, that may appear at Liquid will be sold by Gram Asia at $4 per token, but there's no official info from Telegram
04 July 2019   962

Even before the official public release of the cryptocurrency of the messenger, Telegram can increase in price by 200% relative to its value during the initial offer of coins. It is reported by Bloomberg.

As previously reported, Telegram tokens may appear on the Liquid Bitcoin Exchange already on July 10. The distributor is Gram Asia, which calls itself the largest holder of GRAM tokens in Asia. It intends to put up for sale rights to cryptocurrency at $ 4 per unit.

At the same time, one of the investors said to the publication that at the time of purchase the price of 1 Gram was $ 1.33.

It is worth noting, however, that after the announcement of the public sale of Telegram tokens to Liquid, the media reported that this intention had nothing to do with the official plans of Telegram.

Then one of Telegram's investors stated that no one has the right to sell tokens before their official launch in accordance with the signed agreement. Moreover, representatives of the popular messenger noted that they first heard about Gram Asia.

Later, CEO Liquid Mike Kayamora admitted that Telegram has no relation to the placement on Liquid: the deal was concluded exclusively between the exchange and Gram Asia, which allegedly is an incubator for the TON project.

The Block's leading analyst Larry Chermak on several tweets expressed skepticism about the announced Telegram tokenale based on the Liquid stock exchange, saying that he would “think twice before making a decision to invest.”