IOTA is a cryptocurrency project that was developed to provide a platform for the internet of things (IOT). The platform is used to offer private and secure sales as well as big data streams trading. IOTA coin (MIOTA) is used to power up the platform, despite the platform having no fees nor mining necessity. IOTA coin is one of the biggest parts of the cryptocurrency market. It is a stable participant of the top-20 cryptos in terms of market capitalization. The IOTA foundation is not an organization locked within the blockchain community. IOTA price is largely driven by the project’s connection to many of the prominent IT corporations like, for example, Microsoft.