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iost is a blockchain network that aims to provide ultra-fast, scalable and secure online services. The platform uses the "Proof of Believability" (PoB) consensus algorithm which ensures security while maintaining high transaction speeds. iost has its own medium of exchange called IOS token or IOST, used for smart contract execution and validating transactions on the network. It also offers node operators with believability scores based on their contribution towards computing power in order to maintain decentralization within the system. The team behind iost minted 21 million tokens during a private ICO event backed by world-class investors who share their vision for creating an underlying architecture suitable for decentralized economies around the globe. Overall, it appears that iost's main goal is providing efficient infrastructure solutions tailored specifically toward meeting scalability needs associated with dapps as well as other online service providers looking to utilize distributed ledger technology without sacrificing speed or reliability when handling real volume usage scenarios over time!