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IOTA celebrates its 10th anniversary with EVM integration and new partnerships

Aug 19, 2024
  1. Achievements over 10 years
  2. EVM integration and DeFi development
  3. Partnerships and environmental initiatives

IOTA, one of the first Layer 1 (L1) blockchain projects, has made significant progress in global adoption and technological development as it nears its 10th anniversary.

Achievements over 10 years

IOTA has achieved significant success in regions such as Kenya, the UAE, the EU, and the UK. The project has gained broad recognition in both government and corporate sectors.

EVM integration and DeFi development

One of IOTA's key achievements has been its integration with the Ethereum Virtual Machine (EVM), which is expected to bring over $30 million in liquidity to the project's DeFi ecosystem. New incentives for participants and developers strengthen IOTA's presence in decentralized finance.

Partnerships and environmental initiatives

IOTA is actively developing its ecosystem through strategic partnerships such as with Tide Protocol and Digimarc. A new project with Agro2Circular aims to tackle plastic waste in agriculture. Collaboration with the European Commission assists in developing intellectual property management solutions based on DLT, NFTs, and smart contracts.

As it celebrates its 10th anniversary, IOTA continues to demonstrate steady growth driven by innovation, strategic partnerships, and environmental initiatives.

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