Iota Foundation to Launch Staging Network and Reward Token By Cointelegraph

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The Iota Foundation has announced the upcoming launch of a staging network, Shimmer, with the aim of advancing the Iota roadmap towards fully functional decentralization.

The Layer One network will serve as an innovation test bed for developers and builders in the community looking to evaluate decentralized finance (DeFi) and non-fungible token (NFT) applications. This sandbox model allows applications to establish efficiency and compatibility before launching into the Iota backbone, ensuring a smooth deployment.

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