IOTA is a cryptocurrency, with a purpose for IoT (Internet of Things). It's build upon DAG (Directed acyclic graph), called Tangle.
The Tangle ledger is able to settle transactions, with zero fees.
Currently network is not decentralized - coordinator is in place. Cooperated with VW.
IOTA [MIOTA] is a cryptocurrency with its own blockchain . The most actual price for one IOTA [MIOTA] is $0.244429. IOTA is listed on 24 exchanges with a sum of 62 active markets. The 24h volume of [MIOTA] is $16 598 264, while the IOTA market cap is $679 398 641 which ranks it as #22 of all cryptocurrencies. You can find more information about IOTA [MIOTA] on iota.org