IOTA co-founder Dominik Schiener has clarified his recent comments about the rebranding of IOTA and the launch of Shimmer. Schiener explained that IOTA will focus on enterprise adoption while Shimmer will focus on DeFi and other crypto-related activities. Some enthusiasts had misunderstood Schiener's comments and questioned whether IOTA was being abandoned for Shimmer, but Schiener clarified that IOTA is not being abandoned and can now focus on its original mission without diluting its brand. Shimmer is a multi-asset ledger that can keep track of the ownership of multiple assets and is meant to "go crazy in the crypto market."
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IOTA co-founder clarifies focus on enterprise adoption and Shimmer's role in "crypto stuff"
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