Assembly Project Introduction, Team, Financing and News

Performances

Comparison

Event Calendar

Sep 19, 2023

Assembly announces it will cease operations.

Fundraising

GGSR HHashKey Capital SSignum Capital UUOB Venture HHTX Ventures LLD Capital HHyperChain Capital DDu Capital

Round	Amount	Valuation	Date	Source	Investor
--	$ 18M	--	Dec 10, 2021	--	HHashKey Capital SSignum Capital GGSR HHTX Ventures UUOB Venture LLD Capital DDu Capital HHyperChain Capital

Investment

TabiA Layer 1 blockchain

Follow Updates

Details

Assembly is a smart contract chain network built on the IOTA Tangle, serving as Layer 1.5 infrastructure. It achieves high throughput and scalability through a parallel chain architecture, where each chain can independently configure consensus, fees, and governance rules while sharing IOTA's security and feeless transaction characteristics. Developers can write contracts in Solidity or Rust and interact across chains via cross-chain messaging. Its core mechanisms include DAG-based asynchronous execution, a quota-based resource model without gas fees, and staking ASM tokens to participate in chain security and governance.

Tags:

Infra

Layer1

Modular

Founded:

2021