IOTA Rises as New ‘Feeless’ Smart Contract Network & Airdrop Announced
The IOTA network’s MIOTA token stood out as one of the strongest performers in the crypto market today, after the team behind it announced a new smart contract network known as Assembly based on IOTA’s smart contracts framework.
Assembly’s architecture “leverages the IOTA network as an immutable trust anchor and as a trustless bridge for feeless interoperability between smart contracts,” the announcement from IOTA said. It added that it expects this to “supercharge smart contract development in its various forms, including [decentralized finance] and [non-fungible tokens].”
The new network is set to be launched in 2022, and will come with its own native token known as ASMB. The token will initially be distributed to existing MIOTA holders via
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