RE: TSP Ep. 14: Interview with IOTA

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TSP Ep. 14: Interview with IOTA

in iota •  5 years ago 

One question.
How IOTA as a business is sustainable if there is no fees ? We've seen in the past it doesn't work and everybody needs fees to make their business operations sustainable. ICO money usually gets depleted pretty fast.

Chee®s

iota
5 years ago by

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      ·  5 years ago 

    Currently (as far as I know) most of their balance is actually effefct of fundraising within IOTA community and (most importantly) their work on integration with multiple products, services and platforms (like solution for electric cars stations, BOSH products, WV cars etc). As they have proper platform live already (IOTA tangle) and knowledge to quickly develop enterprise solutions for other companies they can benefit from there.

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