![]() So, while the IOTA Foundation kept pushing the envelope on lots of fronts, including Research and Development, education, and industrial adoption projects, it also fast-forwarded the process of enabling people outside the Foundation to build on IOTA. After all, the original drive to circumvent centralized entities stands in opposition to centralized exchanges like FTX.įor the IOTA Foundation, this means that our vision has never been more relevant than in 2022: to empower people, to connect people, and to give people digital autonomy through decentralized technology. It was crypto’s Year of the Bear: amidst the losses, scams, and hacks, prices dropped so low that the crypto market was described as a “ shambles” with about $2 trillion of value in market cap wiped from the cryptocurrency market since the heights of November 2021.īut if one lesson emerges from the industry’s low points this year, it’s that the original promise of crypto – the financial and digital empowerment of people through decentralization – is more important than ever. Buckle up for our mammoth end-of-year review – and a look forward to next year.Ģ022 was a challenging year for the blockchain industry. ![]() ![]() Meanwhile, the Foundation continued to deliver major infrastructure, security, and digital identity projects. An explosion of projects began building on Shimmer, and decentralized governance became a reality for the IOTA community. 2022 was the year that the IOTA Foundation opened up to the ecosystem.
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