Very Low

Scam Score
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 Marketing

Coins with a strong marketing team, twitter and consistent updates score better
Above Average

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 Activity

We look at GitHub activity, commits and issue tracking to assess the quality of the project
Above Average

The IOTA GitHub repository boasts an impressive collection of languages and libraries. Including a popular javascript wrapper which connect web applications straight into the IOTA network. This means that IOTA can be integrated into a huge range of existing applications, making it very easy to adopt.

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.