Giving Fans Ownership of Their Favorite Football Clubs
Right in the middle of the annual transfer market madness, we are excited to announce the latest arrival to our ecosystem The Fans Together (TFT) will be wearing the combined Assembly, Shimmer, and IOTA jersey starting in 2022, first launching their platform on Shimmer before porting it to Assembly. There’s always a special atmosphere in the IOTA stadium whenever teams in our ecosystem explore new, innovative use-cases for our tech. The democratization of football is primarily about giving more power to the stakeholders with the greatest passion for the game: the fans. Read on to learn all about TFT's ambitious plans.
The Fans Together (TFT) joins the Touchpoint Open Builders Program, offering participants a community of like-minded builders, direct access to funding, experts, knowledge, and general support to launch and scale the next generation of decentralized applications and infrastructure on the Assembly and Shimmer networks. You can learn more about how Touchpoint works and how to become a part of it here.
Shimmer is an L1 innovation network providing the core building blocks for a scalable, modular multi-chain architecture. Similar to the IOTA network, Shimmer is built on a UTXO-based parallelized, directed acyclic graph (DAG), guaranteeing higher scalability than conventional Blockchains. At the same time, Shimmer ensures interoperability and composability of L2 smart contract chains, capable of connecting any type or flavor of L2 smart contract chain anchored to it. With its unique tokenization framework, Shimmer will become a multi-asset ledger for feeless minting and transfer of native assets without middlemen or crippling gas fees.
The native token of the Shimmer network is SMR, which serves as the network’s economic backbone, facilitating value transactions and interactions within the Shimmer ecosystem. Users of Shimmer use the SMR token to launch new DeFi applications, DEXs, NFTs, DAOs, and other dApps.
Assembly is a scalable multi-chain network for sharded, composable smart contracts. It will deliver flexibility, scalability, and interoperability, and is a smart contract network for mainstream innovation and mass adoption. It does so by offering inexpensive, fast, and secure smart contracts, trustless and feeless smart contract interoperability, full customization and composability of dApps, compatibility with Ethereum virtual machine, and other benefits.
In Assembly, anyone can launch their own smart contract chains with the flexibility to customize fee and incentive structures. The chains are overseen by permissionless and decentral dynamic validator committees of nodes that execute and validate smart contracts; these validators are assigned to their chains by a root chain through a marketplace, and the validators are rewarded with the network’s native token, ASMB.