Advantages of Dual VM: How @iota combines the strengths of Move VM and EVM to attract developers When discussing the Move ecosystem, we usually first think of Sui and Aptos, or the recent Movement that has been gaining attention. Mainstream CT has not realized that $IOTA is also a Move-based public chain. This information gap and narrative reevaluation, if combined with TVL, token price, and the number of ecosystem projects, could establish a complete ecosystem. Leading this counterattack is IOTA Rebased. After launching IOTA EVM last year, they are ready to launch Move VM L1 soon. The community has chosen a more pragmatic DPoS consensus mechanism, combining MoveVM L1 with EVM as an L2 product suite. Despite this, the parallel DAG architecture that has been developed will remain their core structure. The main selling points, besides the commonly heard TPS (50k+) and Finality, include a sponsored transaction mechanism where project parties can sponsor users' already low transaction fees, effectively achieving a 0 fee transaction experience for users, lowering the usage threshold without requiring users to bridge Gas, tokens, and NFTs through such a lengthy process. After Rebased is launched, staking APY can reach 10-15%. In terms of use cases, IOTA has not been idle over the years, putting in a lot of effort to land in emerging markets. For example, in Kenya, the TLIP platform on the IOTA mainnet has shortened the originally lengthy export clearance process from 25 days to 1 day, thoroughly improving trade efficiency. At the same time, IOTA has collaborated with Abu Dhabi's Realize company to issue on-chain US Treasury token funds $RBILL, promoting the on-chain of RWA assets, and later adding on-chain composability to achieve more applications. With over 80% circulation, the distribution of $IOTA tokens is relatively healthy, without fear of excessive unlocking, and no VC (8 years ago it was ICO, not VC funding). If the Move system rises, Aptos and Movement won't be able to capture the overflow liquidity, but $IOTA is expected to benefit from it, and can also benefit from more Move development migration waves, through the $10m Grants program and APAC Moveathon to accept other ecosystem talents who are looking to restart their careers.
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