NEW YORK : Some of the largest Asian venture capital firms and crypto hedge funds will invest US$100 million to further develop applications on a new blockchain called Assembly under the IOTA network, co-founder Dominik Schiener told Reuters in an interview.Assembly will focus on decentralized finance , non-fungible tokens , and cryptocurrency games, Schiener said.
Assembly, a smart contract network similar to the Ethereum blockchain launched by Berlin-based research and engineering group IOTA Foundation last month, will serve as the anchor for DeFi, NFT, and gaming applications. Smart contracts are self-executing transactions whose results depend on pre-programmed inputs.
"Assembly is now its own network that's built on top of IOTA and enables anybody to create their own blockchain network. And this blockchain network is deemed secure and connected through IOTA," said Schiener.
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For those of you interested in learning more about this project: IOTA Foundation Twitter: iota Assembly Twitter: assembly_net
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DONT FORGET also to Pump MinesOfDalarnia is going to $100usd same like AXIE 🚀🚀🚀🚀, check the max supplyyy check out the litepaper 12/12 is going to burn the gaming token🚀🚀🚀
And again, 1mio followers but 3 likes.
DYOR: 40+ incredible projects, collaborations & company adoptions. IOTA is the basis for a new type of IT infrastructure for global communication and automation. 🌀💯💥🧨❤️🔥😍🚀🦋🌊🌍🍻
navinram999 IOTA = gamechanger
''Only morons buy IOTA'' danheld
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This is Awesome. I just added more to my portfolio as all if those who hold iota over the next few months will receive a large portion of the assembly and shimmer tokens as they are minted. Super excited to see this evolve.
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DYOR
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🦾IOTA🌀 Review 2021 - Preview 2022
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