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- Voting for IOTA Network Fund Proposal phase two runs until August 18, requiring 100 supportive votes.
- Proposal focuses on fixing infrastructure gaps and enhancing marketing, user education, and ecosystem support.
- Tangle DAO will be replaced by a new leadership committee post-fund deployment to guide IOTA’s future.
The IOTA ecosystem is at a pivotal moment as voting has officially commenced for phase two of the IOTA Network Fund Proposal (SGP-0012). The initiative aims to expand network infrastructure, boost ecosystem growth, and address existing gaps in the public infrastructure, marketing, and user support. Voting will remain open for seven days, concluding on August 18, with at least 100 supportive votes required to move to phase three.
Addressing Infrastructure and Ecosystem Challenges
After successfully deploying the Rebased Protocol and the MoveVM-based mainnet in May 2025, IOTA set the stage for enhanced scalability, programmability, and decentralization. However, critical infrastructure components such as bridges, exchange listings, and oracles remain underdeveloped, limiting user, developer, and investor experience.
The IOTA Network Fund Proposal seeks to remedy these challenges by accelerating infrastructure development and expanding marketing and public education efforts. It demands that Tangle DAO’s remaining assets (around $900,000 in various cryptocurrencies and 42 million IOTA tokens) be fully allocated towards this mission over six to eight months post-approval.
Transition from Tangle DAO to New Governance
A notable aspect of the proposal is the planned discontinuation of Tangle DAO’s “Tangletreasury program.” Once the funds are deployed for network growth, governance responsibilities will shift to a new committee composed of one lead and two co-leads to manage the transition and future initiatives. This change aims to provide more focused leadership and agility in decision-making.
Also Read: IOTA (IOTA) Breaks Multi-Year Falling Wedge: Technical Analysis Points to Potential Rally
IOTA Price and Market Sentiment
Despite promising technological upgrades, IOTA’s market performance has been sluggish. The token price declined 21% over the last 90 days and dropped nearly 6% in the last 24 hours, currently trading around $0.20. Analysts suggest that a bullish trend will only be confirmed once IOTA breaks above the $0.27-$0.28 resistance zone.
The IOTA Network Fund Proposal represents a crucial opportunity to revitalize the project’s infrastructure and community engagement. With clear timelines and a strategic focus, it could bridge the gap between IOTA’s technical potential and real-world adoption. However, success hinges on decisive support from the community during this voting phase and effective execution of the plan.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
I’m the cryptocurrency guy who loves breaking down blockchain complexity into bite-sized nuggets anyone can digest. After spending 5+ years analyzing this space, I’ve got a knack for disentangling crypto conundrums and financial markets.
