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What Is IOSToken?

IOSToken (IOST) is the native cryptocurrency of the IOST (Internet of Services Token) blockchain, a platform designed to provide the infrastructure for decentralized online services and applications. Founded in 2018 by Jimmy Zhong, Terrence Wang, and a team of engineers from Princeton, Stanford, and other universities, IOST aims to be a scalable, secure, and developer-friendly blockchain capable of handling high-throughput applications.

IOST uses a unique consensus mechanism called Proof of Believability (PoB), which assigns a "believability score" to each validator based on their IOST token contribution, community contribution, reviews, and past behavior. Nodes with higher believability scores have a greater chance of being selected to validate transactions and produce blocks. This system is designed to be more efficient than traditional Proof of Work while maintaining decentralization through a reputation-based validator selection process.

The IOST blockchain was designed for high throughput, targeting the ability to process thousands of transactions per second with fast finality. The platform uses a technique called Efficient Distributed Sharding (EDS) to partition the network into smaller groups that can process transactions in parallel. Combined with a micro-state block design and other optimizations, this architecture enables IOST to handle the transaction volumes needed for consumer-facing applications.

IOST provides a smart contract platform that supports development in JavaScript and Go, making it accessible to a large pool of existing developers. The blockchain has attracted DeFi protocols, gaming applications, and NFT projects. The IOST token is used for gas fees, staking to become a node or vote for nodes, and governance participation within the ecosystem.

More recently, IOST has repositioned itself around real-world asset (RWA) tokenization. Under the banner of IOST 3.0, the project now describes itself as multi-chain RWA infrastructure "designed for tokenization," spanning the original IOST Layer 1, an IOST Layer 2, and other networks such as Ethereum, BNB Chain, and Solana. The updated roadmap adds tokenization standards for assets like bonds and real estate, a liquidity layer, and PayPIN, a hardware-based payments and identity product. This is an ongoing transition rather than a completed one, and holders should verify the current token, network, and contract details on official channels before moving funds. Its GitHub organization now includes RWA infrastructure templates alongside the original Go implementation of the chain.

Getting Started With IOSToken

  1. Step 1: Learn About IOST. Visit iost.io to understand the IOST blockchain's Proof of Believability consensus, smart contract capabilities, and the ecosystem of applications built on the platform.
  2. Step 2: Set Up a Wallet. On the original IOST Layer 1, accounts use human-readable names created through the iWallet browser extension (now offered as iWalletPro) or a supported IOST wallet. Because IOST now spans multiple networks, confirm which chain you are transacting on before creating an account or receiving tokens.
  3. Step 3: Acquire IOST Tokens. Purchase IOST on a supported exchange and transfer to your IOST account. You need IOST for transaction fees (gas) and staking on the network.
  4. Step 4: Participate in the Network. Stake your IOST and vote for node operators to earn staking rewards. Explore DeFi applications, NFTs, and other dApps built on the IOST blockchain.

How to Get an IOSToken Wallet?

iWallet

iWallet is a browser extension wallet for the IOST blockchain, similar to MetaMask for Ethereum. It supports IOST and all IRC-20 tokens, allows you to interact with IOST dApps, and provides staking and voting functionality.

TokenPocket

TokenPocket is a multi-chain mobile wallet that supports IOST alongside many other blockchains. It provides a user-friendly interface for managing IOST tokens, staking, and accessing IOST-based applications.

Exchange Wallets

Major exchanges that list IOST provide custodial wallet services. While convenient for trading, it is recommended to withdraw to a personal wallet for long-term storage and to participate in IOST governance and staking.

IOSToken Resources

How to Buy IOSToken?

IOST tokens are listed on a range of centralized exchanges. Create an account on a supported exchange, complete verification, deposit funds, and trade for IOST. IOST now exists across several networks, including the native IOST chain and BNB Chain, so when depositing or withdrawing, select the correct network for your wallet and confirm the contract address on official IOST channels first.

IOST can also be traded on decentralized exchanges. Check current DEX availability and the correct token contract for IOST trading pairs before swapping.

Latest IOSToken News

In 2025, IOST launched IOST 3.0, shifting its focus from the original "Internet of Services" positioning toward multi-chain infrastructure for real-world asset tokenization. The refreshed platform introduces an IOST Layer 2, a new website and documentation, RWA tokenization standards, a liquidity layer, and PayPIN, a payments and identity product. IOST 3.0 also references a reworked node and staking model and a token event tied to the upgrade. Because details of any token migration or swap can change, holders should rely on official IOST channels and avoid lookalike "airdrop" sites, which have circulated around the launch.