
IOTA
IOTA is a Move-based Layer 1 blockchain with a co-deployed EVM Layer 2, focused on tokenization, identity, and machine-economy use cases.
Transaction Fees, Open-source
What is IOTA?
IOTA is a Layer 1 blockchain that runs Move smart contracts on a delegated proof-of-stake consensus, paired with an EVM Layer 2 (IOTA EVM) for Solidity contracts. The network includes native modules for digital identity, asset tokenization, and on-chain notarization, with object-based execution and feeless transactions for low-value transfers. IOTA is the native asset used for staking and fees on the Move L1.
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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

