Its main premise, namely solving the issues around blockchain by introducing a different data structure, remains. Perhaps that could be seen as a metaphor for the new IOTA. The important thing, Schiener noted, is to acknowledge and own those mistakes, and move forward. Sometimes these mistakes are technical, sometimes they are mistakes in communication - getting into public fights, for example. "The IOTA project in 2021 is a completely new project compared to 2017 because as you can probably understand when you start from nothing, which IOTA really did, and you build up something, you make many mistakes along the way."
For the IOTA Foundation, a lot of things have changed, including the core team. The real question, however, is how much the technology and the people behind and into it have matured. Fast-forwarding to today, and the world at large is still trying to figure out crypto, most ICOs have gone awry, and Non-Fungible Tokens (NFTs) are all the rage. Crypto was just entering the mainstream then, and ICOs (Initial Coin Offerings) were all the rage. Lots of water has flowed under the bridge since 2017.
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