Might be worth a shot putting a few hundred bucks on IOTA.. I mean, it could be a scam.. but people said the same thing about BTC when it was new.
Just dont put your life savings into an unproven coin that came out of nowhere with 1.6b mcap.. but worth a shot still
I wouldn't go so far to call it a scam, a really really stupid investment at the moment but its too early to call a scam.
Example: Is Mcdonalds scamming people by calling their products food? No, while their "food" is barely edible garbage it is digestible whereas if they sold imitation wax food and called it a meal, theyd be scamming)
(Used the McD's example cause stupid investors most likely eat stupid food)