Just a reminder that Windows 10 LTSC IOT has support until 2032. It runs just fine on any PC currently running regular Windows 10. In fact, if you have a low-end PC I recommend running LTSC over regular Windows because it performs significantly better.

No, there really isn't a way for regular users to get an official license. So if that is a problem for you, then it's not an option. For the rest of us it's a great option and will allow you to use your current computers and receive windows security updates for another 10years.