The founder of IOTA, Dominik Schiener, has responded to criticism of the project, defending its accomplishments and real-world adoption focus. Schiener addressed claims that IOTA had only been interested in extracting value from retail investors, stating that the project prioritizes creating long-term value and success. He emphasized that IOTA has worked on practical applications and solving real-world use cases, setting it apart from projects focused on token-driven gains. Schiener also acknowledged past challenges and mistakes, but expressed the commitment to pushing forward and achieving mainstream adoption. He addressed concerns about centralization and emphasized IOTA's dedication to transparency and user safety.



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