Hello everyone, I am Ahan from the Direction Community. Today I will talk to you about IOST#IOST
First, let me introduce IOST:

IOST was founded in 2017 and is headquartered in Singapore. It is the only blockchain project in China that has been interviewed by CCTV. Its investors and founders are one of the most prestigious teams in the industry.

In April 2023, IOST received a $10 million investment from Canadian Web3 investment institution BitValue Capital, which reflects that IOST is favored by capital and has good potential. It also provides ample financial support and resource guarantees for its future development. In addition, the developers and community supporters of the IOST network are spread all over the world, and the on-chain ecology is gradually enriched and prosperous.

What is IOSI: The IOSI team, as developers of the IOST blockchain ecosystem, chose to take advantage of the mature IOST blockchain, which is known for its speed, low gas fees, and thriving international community. They are launching the Inscription platform on the IOST blockchain, as well as their first Inscription project, IOSI.

Compared with the high threshold and high cost of BRC and ERC, IOSI is more user-friendly. First, its inscription process is simple, and users can mint their inscriptions with just one click. Second, the user participation cost is extremely low, and each inscription only costs 1 IOST. Finally, the entire application process will adopt a first-come, first-served FOMO model, and the estimated completion time is 12-15 hours.

Next, let’s talk about the empowerment development of the IOST ecosystem: The official launch of IOSI aims to further enhance the inscription infrastructure of the IOST public chain, strive to create inscription popularity on the IOST public chain, and introduce new traffic to IOST. It can also serve as a multi-modal test of the performance of the IOST mainnet.

IOSI will continue to empower the diversified innovation and development of the IOST ecosystem in the following dimensions: Enriching the IOST token model: Currently, the IOST public chain has two major token models: Irc20 and Irc21. The official launch of IOSI will add the Irc100 token model to the IOST public chain.

Improve the integrity of the IOST ecosystem: Focus on industry hotspots, organically integrate with DeFi games, social DApps and other sectors, further integrate IOST public chain applications, and improve the integrity of the ecosystem. Increase the decentralization of the IOST ecosystem: Fair launch, ensure fairness for users on the chain, and increase the decentralization of the IOST ecosystem.

Optimize the IOST deflation model: Combine inscriptions with popular culture, take advantage of the low gas fee of the IOST blockchain, and attract new Web3 users on a large scale. Through the inscription casting and circulation process, users flow into the black hole address, which further supplements the IOST deflation model. - Take advantage of the IOST public chain: Structurally take advantage of the low gas fee, high speed, and diversified ecology of the IOST public chain, making it possible to deploy large-scale applications on the IOST public chain. At present, the inscription infrastructure of the IOST public chain is being further expanded and improved, and many functions will continue to iterate, such as inscription splitting, inscription mining, and the launch of the inscription IDO platform.

If you want to get IOST inscriptions, you can find Ahan, there are professional teachers who will guide you in getting inscriptions!

That’s all for today’s sharing. I hope it will be helpful for your investment. See you next time.