Skip to main content

Tezos (XTZ) Could Be The Next Top NFT Network?



Decentralized open-source blockchain, Tezos (XTZ) is making a foray into the DeFi and NFT ecosystem. This move is also the result of a tri-partnership with three different projects namely; Opus Dei, Sad Python, and the Gebo Wallet.
In a recent interview with Tezos (XTZ), the founders of the projects discussed in-depth their individual projects. Also, on how the projects are interconnected to make Tezos (XTZ) the perfect DeFi and NFT ecosystem.

More on the Projects
As previously indicated, the projects include;

Opus Dei Money Protocol – It is a decentralized multi-chain platform for trading, creating, and exchanging digital assets. Simply put, it is also a peer-to-peer (P2P) lending and borrowing platform, accepting Tezos assets as collateral. Interestingly, Opus Dei is also a community-governed money protocol. This means that major decisions need to be approved by community members.
Opus Dei will also facilitate the development of DeFi-as-a-Service (DaaS), Gebo wallet, and DAO functionalities.

Sad Python – is the flagship NFT project of the Tezos (XTZ) ecosystem. It is also a unique and top-notch NFT project that is designed with DeFi features. Also, its DeFi features are made possible via its PYTH token. PYTH is the native token of the Sad Python ecosystem.

Comments

Post a Comment

Popular posts from this blog

What is iDice?

iDice is a dice betting Dapp fueled by the use of the Ethereum organize. eg. iDice lets in players do several things and having such an innovative new token on the ETHEREUM Platform, we had to write an article about this new project. Guess on the space by the use of keeping up iDice tokens and best of all 100% of all benefit iDice acquires is dispersed among token holders, related to the amount of tokens they dangle. iDice amusement code is decentralized and changeless. Such gigantic building fees highlight a rising requirement for experienced, fair and cast Dapps. iDice iDice is an control which gives a provably affordable and simple, virtual Ethereum dice betting Dapp. The house edge will be set intensely and token holders have an atypical esteem that is dependably equiva- loaned to the house edge. iDice has a fully simple provide code accessible at etherscan.io. The payout of recreations is many times speedy. Provably Fair iDice uses open provide blockchain...
Post a Comment
Read more

Spanish Banks Form New Blockchain Consortium

A group of Spanish banks has formed the country's first blockchain consortium. Wholesale bank Cecabank announced the effort today, partnering with professional services firm Grant Thornton. Who's involved: In its announcement, Cecabank doesn't say which other institutions are taking part, stating that it "comprises 33% of the Spanish banking sector". However, according to Spanish newspaper El Pais, the group's membership includes Abanca, Bankia, CaixaBank, Kutxabank, Ibercaja, Liberbank and Unicaja. It represents the first major foray into blockchain for these companies, as other Spanish banks, including Banco Santander and BBVA, have been working with the tech for some time. What they're saying: Thus far, only Cecabank has commented publicly on the consortium effort, describing it as a way for its employees to get a top-down understanding of the tech – as well as possible insight into how the bank might actually go about using it. "Employees of all o...
Post a Comment
Read more

Ethereum Smart Contract Issues Frustrate Developers with Fatal Bugs

Only weeks after the execution of a hard fork to mitigate various DoS (denial-of-service) attacks, the Ethereum network and its developers are struggling to deal with yet another major flaw. This time, major issues in regards to smart contracts have emerged, which have rendered the efforts of decentralized applications in the Ethereum network purposeless. On November 1, the Ethereum development team and the founder of Solidity warned users and developers against a bug that allowed variables to be overwritten in storage. Variables in a smart contract are agreements made between two or more parties. Thus, if an attacker can gain access to the storage and alters the variables, crucial agreements in decentralized applications can be affected and funds may be extracted, which may pressure developers to discard previous smart contract-based projects to recompile contracts. Ethereum developers including Ansel Lindner stated that the development of an Ethereum application is failing to opera...
Post a Comment
Read more