IOST (IOST) has experienced a price increase of 40% in the last 24 hours, with the native token now hovering around $0.048. IOST is a decentralized blockchain network based on a “Proof of Believability” (PoB) consensus algorithm, aiming to be the underlying architect for online services.
Just today via Twitter, IOST announced the launch of Project Entroverse, which offers new various benefits to developers, including the easy integration of Ethereum protocols and 99% lower gas fees than on the Ethereum (ETH) network.