IOST is a blockchain network that is ultra-fast, scalable and secure. It is based on a new consensus algorithm, Proof of Believability. IOST delivers 0.5 second per block and a 29.5 seconds finality. The smart contract language is based on V8 JavaScript which is popular amongst developers. The IOST network is able to handle up to 8000 transactions per second compared to less than 15 for bitcoin and ethereum network. IOST also offer a gas-free transactions across its network. 

The IOST Token is the native currency of the IOST Network. It can be staked, traded and also used for the IOST ecosystem including Dapps, services and marketplaces. There is a maximum supply of 90 billion IOST token.

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Matrix Partners China, Sequoia Capital China, Huobi Capital, FBG Capital, DHVC, ZhenFund, Node Capital.