The shimmer Network launches along with its native SMR tokens which will incentivize and fuel the participation of users on the Shimmer network.
With this development, the IOTA blockchain becomes free from a single-asset ledger and moves towards becoming a multi-asset ledger.
After years of research and progress, the IOTA Foundation has touched an ambitious and important milestone with the launch of the Shimmer Network. Shimmer is a staging network for the IOTA blockchain and launches along with its native SMR tokens.
These native SMR tokens have been designed to incentivize and fuel the participation of users on the Shimmer network. Speaking on the launch of the SMR tokens, Dominik Schiener, Co-founder and Chairman of the IOTA foundation said:
This is the week where, for the first time since the start of #IOTA in 2015, we launch a new token to the world. Couldn’t be more excited for what will follow.
Furthermore, the IOTA smart contracts will also be able to run on the Shimmer...
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