![]() ![]() The CEO of SwissOne Capital, Steffen Bassler, also expressed his excitement about launching the first fund for the ecosystems of IOTA and Shimmer, emphasizing the clients' benefit from the early access to the projects building within the combined ecosystem. Moreover, Schiener adds that the launch of EVM-compatible smart contracts enables Shimmer and IOTA to lead a new era of growth fuelled by crypto-native use cases, including DeFi, NFTs, gaming, and more. This enables participants to transact with each other without the presence of a central authority. EVM focuses on delivering transactions within the Ethereum network alongside smart contract deployment. It activates a special code (or smart contracts) to run on a decentralized blockchain platform known as Ethereum. What Is EVM?ĮVM stands for Ethereum Virtual Machine. He also mentions that Shimmer EVM, Shimmer's latest project supported by SISO, is only the "first of many Smart Contract Chains" that offers unique features and capabilities to EVM, like an expanded set of user-friendly tools for creating new web3 applications. When interviewed, IOTA Co-Founder Dominik Schiener is "thrilled to see SwissOne Capital's commitment to investing in projects across the ecosystem" and wishes to see SISO grow alongside the community. With the capable management team of SwissOne Capital, investors gain assistance yet can still remain independent in their decision-making. What Benefits Can SISO Provide Its Investors?īesides early access to projects of both IOTA and Shimmer ecosystems, investors receive their share of the costs of due diligence and benefit from risk management techniques. SwissOne Capital assures that it only partners with highly respected, trusted, and credible vendors and observes the strictest protocols when managing transactions through multi-signature authorization. ![]() The priority lies in the safety of their client's investments, so maintaining their trust becomes crucial. Why Should Investors Take an Interest in SISO?įirstly, SwissOne Capital has a seasoned management team. With the collaboration of SwissOne Capital and TEA, the funding of SISO can ensure the success of the projects created by IOTA and Shimmer, as it aims to foster sustainable growth in both ecosystems. These two ecosystems, when combined, became one of the unique ecosystems made for dApps, infrastructure networks, and their large community of cryptocurrency users. In addition, they allow the developers to test new features before these innovations become available on the IOTA mainnet. ![]() IOTA and Shimmer ecosystems work together so developers can build and launch innovative dApps and ecosystems. IOTA's Tangle overcomes many barriers blockchain technologies face, and enables an open, feeless, and highly scalable distributed ledger. Instead, it uses a DAG with vertices and edges, where crypto transactions are recorded as vertices on top of another. Blockchain bundles its transactions into blocks. However, the way they do this is different. What Is the Difference Between DAG and Blockchains?ĭAG and blockchains record transactions on a distributed ledgers. Meanwhile, Shimmer acts as the incentivized L1 staging and validation network of the IOTA DLT. It provides a more efficient and expandable L1 network by using a directed acyclic graph (DAG) structure instead of a traditional blockchain. IOTA stands as a pioneering open-source distributed ledger technology (DLT). The Combined Ecosystem of IOTA and Shimmer The first fund becomes an anchor investor to the projects and infrastructure of the Shimmer ecosystem as it would soon launch Shimmer EVM. Moreover, the recent launching of SISO works in favor of Shimmer. This includes Decentralized Finance (DeFi) activities that have generated attractive yields like liquidity pools, automatic market makers, and lending pools. SISO takes advantage of asymmetric risk-return investment opportunities and mitigates downside risks. The fund's creation allows institutional and qualified investors to gain access to both ecosystems through a basket of token and equity holdings that include $MIOTA and $SMR. ![]()
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