Anyone have experience with IOTA?

IOTA is a DLT that does not have miners. As such there are no fees inherent in IOTA transactions. It seems to be more scalable too without the environmental impacts associated with blockchains. Looks like they've been picking up industry partnerships all over, especially in Europe. I think the org behind it is based in Germany.

If you are familiar with IOTA, I'd love to hear your thoughts about it.