As IOTA is getting industry ready, Siddhant Ghongadi has joined the market adoption team as a project manager.  He will be executing his role by assisting partners in their journey of applying DLT to their business model.

Siddhant Ghongadi stated, IOTA feels like the perfect fit as it is a practical integration of the management and technology. It is also a technology space I am highly interested in as it aligns with my future goals as well. Bringing DLT to several business cases and the doctrine to enable the future is once in a lifetime opportunity — and I’m glad and proud to be a part of the journey.

Team expansion apart, with so much happening in the IOTA Foundation, to keep the community well informed, the IOTA community have decided to give their community a new format to engage with the team through IOTA Talks every week.

Dominik Schiener recently in IOTA talks stated, we have really written everything, the notes of the libraries and the wallets. Further stating, that the IOTA client libraries are already announced.  They are focusing on building one wallet library to rule them all – the one source of truth.  The client libraries are Harder, Better, Faster, and Stronger. It is expected to evolve to be the most adopted one.

Dominik also spoke about NFTs, the non-fungible tokens, and he pointed to how they became very popular because of crypto kitties.  He pointed to how the NFTs brought Ethereum down to its knees.

For clarity, Cryptokitties is a blockchain game on Ethereum developed by Canadian studio Dapper Labs that allows players to purchase, collect, and breed and sell virtual cats. It is one of the earliest attempts to deploy blockchain technology for recreation and leisure. 

The popularity of NFTs is increasing very recently because there are crypto owners who personally want to experiment with new tech, but also have too much money to care for.  And, it is not just about owning a physical piece of art, but it is also owning a digital piece of art that cannot be replicated.  Where there is only one unique piece in the world and it is verified by the blockchain or IOTA. And, I think everything is happening right.  He also spoke about digital assets, where users can basically tokenize physical assets, but also create digital assets for these NFTs. He expressed that he was excited just like the community about NFTs.