How to Buy IOTA20 Token in 2023 – The Complete Guide

IOTA20 is a hot new Ethereum-based token that aims to improve the security and user experience of the original IOTA coin, with a starting supply of over 2.7 billion tokens. 

This article instructs readers on how to buy $IOTA20 tokens during the ongoing presale phase, which offers the tokens for only $0.00145.

It also expands on IOTA20’s future strategy, the benefits of shifting from IOTA’s original structure to Ethereum’s blockchain, and how it tackles IOTA’s previous issues.

IOTA20 vs IOTA

Debuted in 2016, the original IOTA coin launched as an open-source crypto project focused on the Internet of Things (IoT). 

It stepped away from traditional blockchain, using a directed acyclic graph to store transactions. IOTA facilitated fee-less microtransactions by spreading them across several nodes rather than mining.

The IOTA token, the network’s native currency, had a fixed supply of over 2.7 billion tokens. It hit its peak value in 2017 with a $15 billion market cap. However, changes in the market, security issues, and the rise of competitors like Ethereum caused its market cap to fall to around $0.5 billion.

Built on the Ethereum network, IOTA20 simplifies staking and promotes a knowledge-sharing community. The significant shift from IOTA’s original directed acyclic graph structure to the Ethereum blockchain. 

This transition allows IOTA20 to benefit from Ethereum’s security features and gives it access to a broader range of potential investors.

The ERC-20 token standard simplifies transactions, making it more user-friendly, especially for those new to crypto. It also improves compatibility with other platforms, fostering easier exchange, trading, and staking of tokens.

$IOTA20 is a unique transformation of the $IOTA token as an ERC-20 token. As per the IOTA20 whitepaper, it will mimic the $IOTA supply, starting with 2,779,530,283 tokens.

50% of these will be sold in a presale at a fixed rate of $0.00145, 40% are set aside for staking rewards, and 10% for Uniswap liquidity, locked for three months.

The presale price is significantly lower than IOTA’s all-time low. If $IOTA20 reaches IOTA’s lowest market cap (about $220 million), it would mean over a 50x return for presale buyers. Moreover, if it hits IOTA’s peak market cap of $15 billion, this would result in a value jump of over 3900x.

Where IOTA faced criticism for its complexity, centralization, security flaws, and lack of transparency, $IOTA20 aims to address these issues. Built on the Ethereum platform, $IOTA20 offers transparency, decentralization, security, and user-friendliness.

For investors who missed IOTA’s 2017 peak, IOTA20 can offer a new opportunity. Especially with a presale price well below IOTA’s all-time low and a tokenomics model designed for growth, IOTA20 can help early investors fetch high returns.

The choice to leverage the Ethereum platform means IOTA20 benefits from its smart contract capabilities. This paves the way for decentralized finance (DeFi) applications, gaining momentum in the crypto world. 

Moreover, the community-driven approach of IOTA20 creates an environment where users can learn, share, and grow together. You can enter the IOTA20 Telegram channel to get the latest updates.

$IOTA20’s Four-Phase Roadmap

Roadmaps are critical for any project as they provide a structured timeline for project development, including key milestones and goals. They help stakeholders visualize the growth trajectory and align expectations. Below is a quick overview of IOTA20’s four-stage roadmap;

• Phase 1 – Presale: During this phase, 50% of the total IOTA20 supply will be offered at a fixed presale price of $0.00145. The remaining supply will be split for staking rewards (40%) and Uniswap liquidity (10%) – locked for three months.
• Phase 2 – Launch: Post-presale, IOTA20 will be listed on Uniswap with an initial market cap of $4,030,319. Presale tokens can be claimed simultaneously, ensuring a fair launch.
• Phase 3 – Marketing: The team will aim for listings on CoinMarketCap and CoinGecko, run ads on key platforms, and initiate social media campaigns to boost IOTA20’s visibility.
• Phase 4 – Staking: In this phase, IOTA20 will distribute staking rewards via the eco-friendly Proof-of-Stake method, rewarding long-term token holders.

How to Buy IOTA20 ($IOTA20) Tokens: A Step-by-Step Guide

IOTA20 is a cheaper version of the original coin IOTA. At its peak, the original IOTA coin was worth $5.69, 3,900 times more than the IOTA20 presale price, currently selling out for $0.00145 USDT. The way IOTA20 is priced makes it appealing to more investors as it leaves room for upside potential.

Let’s make it easy to buy IOTA20 tokens by breaking it down into five clear steps:

Step 1: Get a Wallet for Your Crypto

Set up a digital wallet that can connect with the IOTA20 prelaunch page to get $IOTA20 tokens. MetaMask is a top choice that offers an app and a browser plug-in that are easy to use.

Through the WalletConnect Widget on the platform, you can also use Ledger or Trust Wallet as an alternative option.

Step 2: Buy ETH or USDT

To buy $IOTA20, you need either ETH or USDT, the only cryptos that can be used on this site. You can buy these tokens from crypto exchanges and move them to your digital wallet. You can also get ETH or USDT from the wallet of your choice if it allows this option.

Step 3: Connect your Wallet

Link your wallet to the presale page of the IOTA20 site to buy the tokens. Click “connect wallet,” then select MetaMask or another wallet you’ve already set up. Once you’ve linked it, choose the crypto you want to trade for $IOTA20 tokens.

Step 4: Purchase $IOTA20

Once your wallet is connected, you can enter how much ETH or USDT you want to trade for $IOTA20. Recheck the transaction details, then click “Buy $IOTA Tokens.” Follow the next steps to make sure the transaction is confirmed.

Step 5: Claim $IOTA20

When your $IOTA20 tokens are listed on the DEX after the prelaunch phase, you can claim them from the project’s website. Go to the site, click “Claim,” and accept the transaction. Keep in mind that you may be charged gas fees.

Follow the IOTA20 Twitter channel for the latest news, such as exact launch and claim dates.

Conclusion

IOTA20 offers a new perspective by addressing critical problems with IOTA by leveraging the Ethereum network. The platform is selling the token for $0.00145 USDT via a one-stage presale that has already secured over $43,000 in 24 hours.

You can buy IOTA20 tokens in the presale stage by connecting your digital wallet to the official site and swapping ETH or USDT. Despite being new, this project has already sparked significant interest in the market.

Make sure you carefully check all details and use confirmed links for transactions. You can find the official site for purchasing IOTA20 tokens before they hit DEX at IOTA20.com.

Crypto investing is a mix of risks and rewards. Researching thoroughly and assessing market trends before making any decisions is vital. The presale phase offers an early chance to join IOTA20’s journey, with an upside potential driven by its strong roadmap.

References:

• https://www.gemini.com/cryptopedia/iota-coin-iota-blockchain
• https://coinmarketcap.com/currencies/iota/
• https://www.sciencedirect.com/science/article/abs/pii/S1389128618306972 

FAQs

What is IOTA20?

IOTA20 is an ERC-20 token built on the Ethereum network, inspired by the original IOTA project. By transitioning from IOTA’s directed acyclic graph structure to Ethereum’s blockchain, IOTA20 aims to simplify transactions, enhance security, and foster user-friendliness. It mimics the IOTA supply, starting with 2,779,530,283 tokens, and is designed to address issues like complexity, centralization, and lack of transparency the original IOTA faced.

How to invest in IOTA20?

Investing in IOTA20 involves purchasing the tokens during the presale phase. This can be done by setting up a digital wallet such as MetaMask, buying either ETH or USDT, connecting your wallet to the IOTA20 presale page, and trading your ETH or USDT for IOTA20. After the prelaunch phase, you can claim your IOTA20 tokens from the project’s website.

What is the market cap of IOTA20?

IOTA20 will be listed on Uniswap post-presale with an initial market cap of $4,030,319. The project anticipates significant growth, considering the token’s pricing and potential for high returns.

Disclaimer: The Industry Talk section features insights from crypto industry players and is not a part of the editorial content of Cryptonews.com.