IOTA Co-founder Dominik Schiener on a Crypto Comeback 10 Years in the Making

The Street Crypto
The Street Crypto
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Ten years in crypto is a lifetime. For IOTA co-founder Dominik Schiener, it’s also just the beginning.

Originally launched in 2015 with a vision of connecting the Internet of Things to a new kind of distributed ledger, IOTA is now reintroducing itself — armed with a newly upgraded mainnet called Rebased, staking rewards for IOTA holders, and a wider embrace of decentralization.

“I really like this story of reemerging and us coming back with vengeance,” Schiener told Coinage. “IOTA has been on the market for ten years ... and I think what sets us apart… is that we are really mission driven.” Considering how long Schiener has stuck with it, it's hard to argue with that.

From its peak in 2017 as the fourth-largest crypto project by market cap to its more recent quiet rebuild, IOTA’s story mirrors many of the crypto industry's lessons — early hype, long winters, and now, a comeback shaped by pragmatism and persistence.

“I can confidently say that nobody back in...

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