As announced yesterday via Twitter, IOTA plans to expand into North America. Wilfried Pimenta, Head of Business Development at the IOTA Foundation, has announced that IOTA is looking for a new Business Development Manager in North America.
As Wilfried Pimenta tweetted, IOTA is looking for a new manager for the Business Development Team on the West Coast of the United States of America.
The foundation now wants to “expand IOTA’s presence in the North American market” and find “global stakeholders and partners in the region”. The majority of the IOTA team currently comes from Europe.
As the job description states, “several actors in the region are increasing their interest and activities in IOTA technology”. These include business and public sector players in the areas of Internet of Things, mobility, energy and smart cities. IOTA expects this interest to spread across all industries.
According to the job description, an “experienced expert” is needed to “expand IOTA’s coverage of the North American market and support global stakeholders and partners in the region […], define global market entry and identify and initiate strategic partnerships and opportunities within the industries”.
The job description also states that the Business Development department contributes to examining opportunities for cooperation, which are then passed on to other business units for project implementation or partnership.
“The IOTA Foundation aims to create a portfolio of reference cases and pilot projects to demonstrate the feasibility and attractiveness of IOTA and to establish itself as a trusted global partner”.
IOTA Course Crashing
The IOTA exchange rate has fallen to a new 9-month low and below the 1 dollar mark. At present, the price reaches USD 0.66 (around EUR 0.57) and shows signs of a further decline. Over the past 24 hours, IOTA has experienced heavy losses of around 13 percent compared to the rest of the crypto market. The weekly chart even shows -28%, the monthly chart shows -35%.
The decline in the share price coincides with the current trend, which was probably caused by the adjournment of the SEC to postpone the decision on the Bitcoin ETF from CBOE and VanEck until September 30.
In the midst of the market crash, the IOTA Foundation recently made two important announcements: IOTA has launched the IOTA-Hub. Furthermore, the IOTA Trinity Wallet is about to be released.