IOTA Community To Vote On The Fate Of $17 Million Unclaimed Tokens

Twitter icon  •  Published एक वर्ष पहले  •  Hassan Maishera

The IOTA team announced on Twitter on Tuesday that its community would vote on the fate of $17 million in unclaimed tokens.

The IOTA team announced on Twitter on Tuesday that its community would vote on the fate of $17 million in unclaimed tokens. The community will decide whether to use the tokens to build the ecosystem or burn them. The vote will take place on May 27, the IOTA team added. 

IOTA is a permissionless distributed ledger "for a new economy".IOTA aims at supporting the growth of a machine economy by enabling "fee-less machine-to-machine payments", offering greater scalability than blockchain networks. IOTA is trading at $0.3347, down by more than 1% in the last 24 hours.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.