Is IOTA A Scam?
IOTA was founded in 2015 by David Sønstebø, Sergey Ivancheglo, Dominik Schiener, and Dr. Serguei Popov. It’s run by the IOTA foundation which has had a 7 figure investment by a venture capitalist firm.
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Coin MarketingCoins with a strong marketing team, twitter and consistent updates score better
IOTA has one of the most sophisticated websites in the crypto currency universe but lacks a large following on Twitter when compared to other, less sophisticated currencies. IOTA has had large publicity due to the IOTA Market place collaborating with some of the largest corporations in the world. It has had numerous print, television and news coverage across multiple countries.
Coding ActivityWe look at GitHub activity, commits and issue tracking to assess the quality of the project
The CORE IOTA code does not seem to be open source however, which means that IOTA is still very centralized and controlled by a select few developers.