IOTA {MIOTA} teams-up with Parascom to demonstrate the efficacy of a game development platform

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IOTA is ranked at #19 to the south of Tezos on coinmarketcap. As of this instant, the total market cap of IOTA is $657.434 million. The trading volume recorded sits at $3.157 million, whereas the supply has 2,779,530,283 MIOTA coins involved in circulation. MIOTA is priced at $0.236527 after it declined at a rate of 0.75% in the course of the past 24-hours.

A meetup took place in Munich yesterday. Keynote speakers included Nicholas Karg, Tobias Zeifer, Anne Smith and various other IOTA enthusiasts. Topics covered ranged from the basic principles tied to the network, to smart waste management and benefits linked to distributed LEDGER technology.

According to the data obtained from the IOT/USD candlestick chart on tradingview points to bearish force still influencing the descent of the altcoin. The daily RSI stands at 41.15 for now, although the MACD line has been soaring above the signal line since 18th of August. Resistance lies at $0.2845, and support can be found close to the $0.2213 level.

Parascom partnered up the IOTA Foundation, and Caer Sidi was launched following the collaboration. This will let developers unleash games via the usage of Tangle [where a list dedicated to achievements, checkpoints, and so on shall be stored]. The apps established on this network shall be decentralized.

A short while back, Waves and The Abyss allied together for a similar project. Although mining capabilities are essential, transactions occurring via IOTA are essentially free of charge [in terms of fees, unlike other cryptos]. This has been a clear highlight for scores of corporations who have been piqued by Tangle.

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Aditya Chatterjee

A specialist in comics and cryptocurrencies with an inclination towards DASH and Cardano. I have an innate desire to be a seasoned trader in the near future. Analyzing candlestick charts is a personal hobby.

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