If it's not PoS, what are the incentives to run a node?
Are there any real life implementations, yet? Or is it only a lot of research, a fancy website, a wallet, a transaction system etc?
So, the billion dollar foundation would survive on donations after it runs out of tokens, cause there's no transaction fees at all. Are you kidding me?
If you build on top of the IOTA protocol, you will be invested in the success of the network, and may volunteer to run a node. Plenty of companies will find a way to profit from and use a node to their advantage. There are experts who believe fees in DLT are a thing of the past.
So, it's, like Ripple, only for companies and developers/integrators.
If there's no fees how would the project be funded? Companies would profit and donate money?