IOST Monthly Report | February 2023

Zhen
IOST
Published in
5 min readFeb 28, 2023

The IOST Monthly Report provides updates on IOST’s latest developments, market expansion, and ecosystem progress to keep the IOST community informed. We sincerely appreciate our community’s positive outlook and long-term support and welcome your valuable feedback and suggestions. Thank you for being part of the IOST community!

* Last updated on February 28, 2023

A. Technical Development

[Development]

  • Upgrade: New version of iWallet to adapt to Chrome
  • Development of new features for iWallet
  • Exploration and research on IOST-compatible EVM solutions
  • (Continued) Development of new versions of the mainnet
  • IOSTABC UX enhancement & optimization of the API code

[Operation and maintenance]

  • Optimization: Internal efficiency tool
  • Supporting community nodes with development-related issues
  • Mainnet stability tests
  • Update for the mainnet monitoring feature

B. Community Growth & Mainnet Statistics

Disclaimer: Third-party developers develop all IOST DApps. The information provided here does not constitute any investment advice. All content provided here is intended for education only. IOST bears no responsibility or liability for any loss that users may experience. Please get in touch with the DApp team directly for any questions.

C. Ecosystem Development

IOST appoints Blake Jeons as Co-CEO of the company

Blake Jeong, now formerly CMO of IOST, has been appointed as the Co-CEO of the company. Blake has a proven track record of success, having been one of the starting members of a well-known startup backed by Soft Bank and IMM, where he successfully managed three teams and grew the teams’ sales by ten times within less than two years. At IOST, Blake has already demonstrated his leadership skills by building a solid international team and forming successful partnerships.

Happy Anniversary, IOST!

CoinTrade and “MOPPY,” a point-earning site with 9 million users, now support converting points into IOST coins.

CoinTrade, a Japanese licensed exchange, announced in December 2022 a service to exchange points of MOPPY, a point-earning site operated by its sister company, into IOST coins. CoinTrade aims to increase and expand the number of crypto users with this new approach to asset management through the use of crypto assets and the exchange of points.

IOST Mainnet Transactions Breaks 700 Million Milestone

On Feb 15, 2023, the mainnet transactions on the IOST mainnet exceeded the 700,000,000 (seven hundred million) mark, reaching a record high of over 700,710,0537 as of the time of writing.

IOST hints something is coming to the ecosystem. What will it be?

New listing alert: IOST USDT-margined perpetual contracts with up to 25x leverage on BTCEX

Bitget is launching IOST soon on spot market

IOST Launches On-Chain Governance Mechanism v2.0 for Enhanced Community Participation

Following over two years of successful operation of the governance mechanism v1.0, the IOST ecosystem has steadily stabilized thanks to the improvements in technology, ecosystem, and the number of pledged votes. Building on this success, IOST has launched its On-Chain Governance v2.0 mechanism, which comes with the following upgrades:

  • Optimization of the proposal process
  • Lowered the proposal threshold
  • Upgraded the on-chain governance UX, making it faster and more convenient.

IOST featured as a top China narrative coin by ICO Drops

IOST featured as a HK project by Nabox

D. Nodes Ecosystem

Metanyx

Passive Income on IOST

METX was the first token officially launched on the IOST Blockchain soon after the mainnet was launched in early 2019. METX is distributed to voters every day, and to receive METX. You simply have to vote for Metanyx

IOST.BEST

Citadel

Additional $XCT tokens on top of the IOST staking rewards.

From August 19, 2021, all the stakers at the citadel.one will get an additional $XCT token on top of the IOST staking rewards.

BINNOEX

Binnoex offers daily IOST payout for the delegators

About IOST

High fees and slower transaction times on the Ethereum network have left the door open for new solutions to emerge, and IOST is one such project that has been gaining traction since its mainnet launch in 2019.

Backed by significant financial and VC firms such as Sequoia, Matrix, and ZhenFund, IOST is a pioneering decentralized, high-throughput, gas-efficient Proof-of-Believability-powered smart contract platform built to tackle the scalability trilemma once and for all. For this, the concluding ranking from China’s CCID ranked IOST as the best blockchain platform under Basic Technology, better than Ethereum, EOS, and every other smart-contracting platform evaluated by the agency. This is a testament to the quality and ability to roll out a better, innovative product and reflects our genuine desire to be the best in the sphere.

Being one of the public chain leaders in adoption, performance, and utility, IOST remains committed to our mission to unleash the power of blockchain. IOST currently has an ever-expanding 500,000 members community in over 20 countries, over 400 nodes, a top-tier staking ecosystem, and symbiotic relationships with corporations dotted worldwide.

If you would like to hang out with the IOST community on chat or social media or discuss product development, we have something for everyone:

Telegram | Twitter | Japan Twitter | China Twitter | Facebook | LinkedIn | Medium | Reddit

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Zhen
IOST
Editor for

Senior Community manager, editor, and translator at IOST.