The #IOTA Foundation is finally living up to its promises. Back in 2017/2018 the vision was big, but the actual outcome in terms of development and code was small. Now, real progress is taking place, silently and mostly unnoticed by the wider #crypto space (yet) ➡️ CMC #42
Once #IOTA achieves decentralization, a fundamental change in perception will take place. #IOTA will finally be seen as reasonable alternative to #blockchains. Hard to believe, but many (esp. new joiners) will discover IOTA for the first time!
Sending transactions does not cost a single cent! That’s why various crypto projects (e.g. #DEX, #NFT) built on top of #IOTA will quickly gain popularity and showcase the huge potential of a DAG over #blockchains.
Significant adoption will take place outside of the crypto world. Standardization efforts (@ObjectMgmtGroup) are a key for global industry adoption and will lay the foundation for #IOTA's protocol (Tangle) acting as massive #IoT / #IoE backbone.
Summa summarum: Fundamentals are strong! However, we are still far off #IOTA’s previous ATH, resulting in a great opportunity/risk ratio. Think about it. No financial advice, just my honest opinion about IOTA's future.
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