Yoaquim 🟠 Profile picture
Nov 9 β€’ 21 tweets β€’ 4 min read
$SMR updates that people want to know about.

All in one thread. 🧡

Let's dive in.πŸ‘‡

#Shimmer #SMR #IOTA $IOTA Image
The Focus is, as you can tell, on $SMR Touchpoint updates.

What is a touchpoint?
As an open builders program, Touchpoint leverages the power of the community to provide access to tailored support, world-class expertise and smart money.

Touchpoint to currently hosts 35+ projects across DeFi, gaming, NFTs, and other verticals.

All on #shimmer
The program does not have a set curriculum.

Touchpoint is modular and flexible by design.

It allows participants to collaborate with other program participants, or connect with the Touchpoint team to get frequent and honest input.
From smart contract to token economic experts, collaborate with a growing community of subject matter experts and support DAOs.
It also allows hands-on support with fundraising from experts.

As well as intros to backers / Investors of the Shimmer ecosystem that are committed to supporting ecosystem projects.
The $SMR Touchpoint News:

Crypto Finance Group x Shimmer (First Regulated Custody Brokerage)

Zokyo Joined Touchpoint

IotaOrigin Joined Touchpoint

Resonate Finance Joined Touchpoint

TangleHUB joined Touchpoint
Crypto Finance Group

Touchpoint added its first regulated custody and brokerage provider for $SMR just yesterday.

Crypto Finance Group is the first prudentially regulated custody and brokerage provider supporting SMR, the native token of the Shimmer network.
This is the latest development in the long-standing partnership between the Swiss-based storage provider and the IOTA Foundation.

Crypto Finance was the first professional IOTA token storage provider, which served the needs of financial intermediaries/partners across industries.
With the integration of the SMR token, investors from private and institutional sectors will be able to trade and store SMR tokens in a regulatory-compliant manner, as Crypto Finance Group is a FINMA-regulated service provider and part of Deutsche BΓΆrse Group.
Zokyo

2022 is the most expensive year for web3 hacks and exploits by far.

For this reason, $SMR is welcoming Zokyo, a security auditing firm and venture studio that builds, funds, and secures crypto, DeFi, and NFT companies.
Zokyo will bring its security services to Touchpoint participants, including penetration testing, infrastructure testing, smart contract services, and protocol auditing services.

Zokyo (zo-ki-yo) secures, funds, and builds Web3 companies.
Iota origin

IotaOrigin is both a traceability system that uses $IOTA to ensure compliance with international minerals laws and a DeFi platform for trade in critical commodities for the energy transition built on Shimmer.
IotaOrigin’s DeFi platform uses fractionalizable financial NFTs to represent real-world assets (RWAs) which are tradeable in NFTpools to ensure sufficient liquidity for real-world assets and commodities on-chain.
Resonate Finance

Resonate Finance a Yield Futures Protocol, introduces the power of financial NFTs (FNFT) technology to the Shimmer network.
With an exploding DeFi sector, Resonate Finance wields a first-mover advantage into an early-stage and growth-promising ecosystem built on Shimmer, the L1 staging and validation network of the IOTA distributed ledger technology.
Resonate's Financial NFTs are quite an interesting concept. They remind me of bonds, in a strange web 3 way.
TangleHUB : PIPE

TangleHUB is a Netherlands-based team responsible for PIPE, a decentralized data storage and communication infrastructure for any use case, from edge micro-storage to high-frequency IoT and communication applications.
By joining Touchpoint, TangleHUB introduced PIPE to the Shimmer Ecosystem to provide developers with a highly scalable and IOTA-native alternative to InterPlanetary File System (IPFS).
PIPE makes it simple and secure to store and manage your data, whether you want to keep it private, share it with someone you trust, or sell it on a data market.
There's much more $SMR and $IOTA are working on, but this is it for this thread.

follow me - @yqboom for more threads on $SMR and other projects.

Cheers!

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More from @yqboom

Nov 9
People make the decisions.

FTX is down the drain.

A fantastic brand, a product that communities loved, and more than solid revenue streams.

Here's how it all went wrong for FTX and Alameda Research.

What does this mean for crypto, what change do we need?πŸ‘‡πŸ§΅
If FTX kept doing what it was doing, it would have continued winning.

And yet, here we are.

Someone got it in their head to make the same old mistake and lend consumer deposits.

Someone chose to overplay the FTX hand.
Alameda Research website is now also down

alameda-research.com

Gone.
Read 13 tweets
Nov 8
$SAITO brings true openness to the blockchain and fixes blockchain fallacies.

But what does this really mean?

A deep dive into #SAITO🧡(PT.2) Image
This is part 2 of an extensive in-depth view of SAITO.

In part one, I cover some of the fundamentals, of which I will also give a BRIEF overview here. Read and like Part 1 first!

For the rest, two will be a further extension on part 2

Link to part 1

#Saito is the open network layer that lets users run blockchain apps in-browser w/o closed plugins, private APIs and non-open infrastructure

Saito operates with no owner and funds the nodes that provide user-facing infrastructure for its own network and other public blockchains.
Read 20 tweets
Nov 4
A guide for what $DAG is.

We all know we need a summary.

#DAG #Constellation @Conste11ation Image
$DAG is looking to redefine Web3 interoperability with L0 consensus.

Secure, feeless, decentralized and infinitely scalable.

but what is a L0 and how would that even work?
Constellation (DAG) is a protocol that uses a directed acyclic graph architecture to achieve a consensus that is, in theory, capable of infinite scalability.
Read 23 tweets
Oct 28
What is #Injective Protocol?

And what is their local token $INJ used for?

A thread on all things #INJ 🧡
Injective Labs is an interoperable layer 1 protocol for building Web3 decentralized applications (dApps) with a special focus on exchanges, Decentralized Finance (DeFi), and derivatives applications
Founded by Eric Chen and Albert Chon in the year 2018, Injective Protocol is a decentralized derivatives exchange based on Ethereum backed by a layer-2 solution.
Read 15 tweets
Oct 28
$SAITO brings true openness to the blockchain and fixes blockchain fallacies.

But what does this really mean?

A deep dive into #SAITO🧡
Token distribution goes first today. πŸ“Œ

$SAITO made it easy with an image.

Follow the Pins for the most important non-technical summaries throughout this rather technical thread on the innovative $SAITO.
$SAITO addresses many issues that are often overlooked as insignificant in developing cryptocurrencies and blockchains.

It is one of the most complex and innovative chains I have run into in a long time, hats off... πŸ“Œ

Gonna be difficult to do it justice in a limited thread..
Read 25 tweets
Oct 27
$KUJI πŸ‰

A critical perspective on #KUJI.

a thread 🧡

#KUJIRA @TeamKujira Image
$KUJI was initially built upon Terra's anchor protocol.

So it experienced the $LUNA crash in May 2022 firsthand.

At its peak $KUJi had $152 million TVL, a few days later that dropped to a mere $1.1 million TVL.

That whole collapse was scary stuff.
This collapse meant a price change for $KUJI that was as follows.

$KUJI price dropped to $0.008 from $0.88.

And has since recovered to up to $1.80, and today trades for $1.

A beautiful comeback.

But what facilitated this come back?
Read 21 tweets

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