The Scope De-Fi Profile picture
Mar 6 8 tweets 3 min read
Exciting developments in the IOTA ecosystem

Here's a breakdown of the latest updates

Let’s take a dive🧵👇🏼
Shimmer Network to Test and Confirm IOTA's Technical Roadmap

To hasten IOTA's technical roadmap, all fundamental protocol upgrades and functionality upgrades will be first made available on Shimmer to test and confirm.
The $SMR token is the native token of the Shimmer network and will be used to settle execution fees on smart contract chains.

Shimmer EVM to Enhance Network Utility for DeFi, NFTs, and More
The @iota ecosystem is set to receive significant enhancements in 2023, including the introduction of Shimmer EVM. It aims to significantly enhance network utility for DeFi, #NFTs, and more, enabling value to be moved from Layer 1 to Layer 2.
The @shimmernet aspires to rank among the smart contract networks with the lowest fees for execution once the features are complete with the future ShimmerEVM launch.

IOTA and Dell Technologies Partner for Sustainable Energy
#IOTA has partnered with #Dell Technologies to supply sustainable energy to the future's digital cities. With the help of Dell's infrastructure-enabled Intelligent Security Systems (ISS), the two companies hope to revolutionize urban mobility.
Exciting Times Ahead for the IOTA Ecosystem!

With these updates and more expected in the future, the IOTA ecosystem is looking towards an exciting future. Stay tuned for more updates on #IOTA, #Shimmer.
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