Beware of dodgy invitations to win tokens for IOTA, the Internet of Things project, which announced on 29th January that it had reached a 2000 Nelson/Bolero node milestone. The next new tech after Blockchain, IOTA is a Tangle infrastructure network which is aiming at a new quantum-resistant world of m2m (machine-to-machine) economics. Sharp-eyed users have spotted several social media announcements inviting people to win IOTA\'s tokens, and are putting it down to a scam. Both Facebook\'s Iota and Iotatokennews posted links to a website asking users to subscribe their email address.

The decentralised, DAG system (Directed Acyclic Graph) promises full data integrity, as well as the possibility of fee-less micropayments, and even nano-payments in the future. Many possibilities are suggested with DAG, such as a car paying its own vehicle licence, a phone recharging its own credits, and many related systems accessible from a multiple-wallet management system.

Those with visions of an interconnected future are investing heavily in MIOTA tokens, which are ranked 11th by market capitalisation in the top cryptocurrency ratings. IOTA has a total market cap of $6,834,058,902.00, with a value on 29th January of $2.46 per MIOTA token. There are 2,779,530,283.00 MIOTA in circulating supply, with a 24-hour trading volume of $48,922,100.00.