IOTA Foundation

The IOTA Foundation was established in Germany as a formal, non-profit organization (‘gemeinnützige Stiftung’) in 2017 by Dominik Schiener and David Sønstebø.

IOTA Foundation Services

• Research and secure the foundational protocol layer and create new knowledge to benefit the ecosystem behind the economy of things
• Develop production-ready software for the community partners and ecosystem to use and expand upon
• Educate and promote technologies and use cases for new generations to understand and to ensure the Foundation’s success
• Standardize and ensure the maturity and widespread adoption of the economy of things
• Holdings of IOTA tokens from community donations and unclaimed tokens from the initial crowdsale
• Grants from governments to perform research and development
• Donations from individuals or enterprises
• A Governing Board to set and achieve the Foundation’s vision and run its operations
• A Supervisory Board to guide and oversee the performance of the Governing Board
• An Advisory Board to provide independent advice perspective and direction.