A marketplace for IOTA-based operations, IOTA-ISO has recently announced that Eric Hop will be joining as a co-founder. Eric Hop is best known for being involved as IOTA’s Qubic project during the previous year.
IOTA-ISO has commented that Eric will be a fantastic addition to their team as they share similar visions and values.
IOTA-ISO is its own entity separate from the IOTA Foundation, dedicated to developing an IOTA based marketplace. The IOTA-ISO platform allows project owners to crowdfund their project to crowdfund their project in an environment that’s safe for them and investors.
Information provided by its website states, that IOTA-ISO enables buyers and sellers to meet and carry out operations that involve goods and services related to IOTA and the MIOTA tokens. The platform provides protection for buyers rights as it offers a strict payment system and entitles the user to have their funds returned if the project fails to reach its goal.
It also provides better transparency to users who will be able to track the movement of their funds in real time. The company website states:
“IOTA-ISO places itself as a safer, more secure, more transparent and faster marketplace to launch a project if you are an entrepreneur or buy-in if you are a user.”
IOTA-ISO is paving the future of crowdfunding, which they’ve decided to call it crowdfunding 2.0.
The platform will allow upcoming startups, product developers and other businesses to come together for the future of crowdfunding which they claim is superior to traditional crowdfunding and ICO options.
IOTA blockchain technology is the main component for their project, as it has high-security capabilities and uses ternary logic instead of binary. Services and products created by developers will extend to a diversified, worldwide market using the IOTA blockchain and its native token MIOTA through the IOTA-ISO platform.
In order to achieve these goals on developing the future of crowdfunding IOTA-ISO will be selling shares in their company through 3 funding rounds.