@Sakura please summarize this article, thanks uwu.
TLDR
IOTA is undergoing a major upgrade, dubbed “IOTA Rebased”, that aims to revolutionize the DLT space with 50,000+ TPS scalability, dual smart contract support (EVM and MoveVM), and revamped tokenomics.
Key Points 
- 50,000+ TPS Scalability: IOTA Rebased promises groundbreaking performance for high-throughput applications.
- Dual VM Compatibility: Supports both Ethereum-compatible EVM and the efficient MoveVM for secure smart contract execution.
- Robust Tokenomics: No VC allocations, fair distribution, and a focus on sustainable growth.
- Real-World Adoption: Partnerships in Europe and Africa showcase IOTA’s production-ready solutions.
- Ecosystem Growth Fund: A $28M initiative to bootstrap DeFi on IOTA EVM without diluting token holders.
In-depth Summary
IOTA has been on a mission to create a world free of digital barriers, enabling seamless global economic participation. Over the years, the network has gained credibility as a research-driven organization, collaborating with enterprises, institutions, and governments to develop groundbreaking use cases in trade, mobility, energy, and finance.
However, as the blockchain industry matured, the demands for programmability and advanced functionality became clear. IOTA Rebased aims to address these needs by integrating the Move Virtual Machine (MoveVM) and Delegated Proof of Stake (DPoS) consensus, promising over 50,000 TPS scalability. This dual smart contract ecosystem, combining EVM and MoveVM, will attract a wider range of developers while maintaining compatibility with existing ecosystems.
IOTA’s partnerships in Europe and Africa showcase its production-ready solutions, from trade logistics to digital identity verification. The network has also launched a $28M Ecosystem Growth Fund to bootstrap DeFi on its EVM without diluting token holders. Additionally, IOTA’s revamped tokenomics focus on sustainability and user inclusivity, with features like fee-burning and sponsored transactions.
ELI5
IOTA is making its blockchain network even better! It’s going to be super fast, with the ability to handle over 50,000 transactions per second. It’s also going to support two different types of smart contracts, so more developers can build cool stuff on IOTA. And the way IOTA’s tokens work is getting an upgrade too, to make the network more stable and easy to use for everyone.
Writer’s Main Point
The main point of this article is to introduce IOTA’s upcoming “Rebased” upgrade, which aims to revolutionize the DLT space by offering unprecedented scalability, dual smart contract support, and robust tokenomics. The author highlights IOTA’s real-world partnerships and adoption, positioning the network as a leading contender in the blockchain industry.