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Twitter co-founder Biz Stone and Pinterest co-founder Evan Sharp have raised new funding for their social media startup West Co. The startup launched an invite-only version of its first app, Tangle, in November. Now the Financial Times has pieced together more details from comments made by Stone and Sharp, as well as from regulatory filings…
“# Iota set to launch decentralized smart contract platform to expand Web3 ecosystem ” Iota has announced the release of decentralized layer-one smart contract network Assembly, and accompanying ASMB token, in a bid to accelerate the expansion of smart contracts across a multitude of sectors, including decentralized finance (DeFi) and nonfungible tokens (NFTs). Assembly utilizes…
“# Iota launches beta smart contracts to foster interoperability ” The Iota Foundation has announced the release of its beta version smart contract functionality, with the objective to solve market challenges of scalability limitations and high transaction fees, as well as reportedly debuting components not witnessed thus far in the space. Iota’s nonprofit foundation is…
“# Iota 2.0 ‘Nectar’ DevNet goes live to achieve full decentralization ” The roadmap to Iota 2.0 has reached another milestone as the Iota Foundation launches the Nectar DevNet. In a blog post published on Wednesday, the Iota developer announced the news of the Nectar DevNet launch, which forms an essential part of the preparatory work…