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“# Tezos scores $27M deal with Man United, Baby Doge backs Hoffenheim ” Manchester United, one of the world’s most popular soccer (or football) teams, is reportedly set to announce a multi-year training kit sponsorship by proof-of-stake blockchain platform Tezos. First reported by The Athletic, the deal is apparently in excess of $27 million per…
“# Court victory precedent: IRS may not tax staking rewards until sold ” A Nashville couple’s lawsuit over taxes they paid on unclaimed and unsold Tezos staking rewards is coming to an end with the Internal Revenue Service (IRS) agreeing to issue them a refund. The decision may set a precedent for future guidance on…
“# Tezos transactions and smart contract activity surge on NFT demand ” The Tezos network has seen impressive growth over the past 12 months in smart contract addresses and general adoption, primarily driven by non-fungible tokens (NFTs). Activity within the Proof-of-Stake ecosystem has had a spurt of growth recently as it aims to compete with…
“# Altcoin Roundup: Three smart contract platforms that could see deeper adoption in 2022 ” Decentralized finance (DeFi) dominated media headlines throughout 2021 and the sector, along with nonfungible tokens (NFTs), helped to initiate the mass adoption of cryptocurrencies. While high yields on staking and instant profits from flipping jpegs have proven to be very…
“# Rarible integrates with Tezos blockchain and launches own NFT collection ” NFT marketplace Rarible officially launched its integration with proof-of-stake blockchain Tezos pm Thursday. This collaboration will allow Rarible to feature Tezos NFTs on its marketplace and support secondary sales of live Tezos projects while enabling users to mint low-fee NFTs. Rarible’s integration with…
“# Ethereum transaction energy use equals 2.5 miles in a Tesla Model 3: Report ” In contrast, a transaction on Tezos takes 0.0016 kWh or less than the energy required to charge an Apple Tablet for 10 minutes. 100 Tezos transactions is equivalent to driving 10 km in a Tesla Model 3. The energy use…
“# NFT partnerships and protocol integrations boost Tezos, WAX and Aleph.im ” The roller coaster ride that is the cryptocurrency market continued its volatile ways on Dec. 8 as Bitcoin (BTC) price briefly slipped below the $49,000 level. Despite the setback, there are still clear signs that crypto mass adoption is taking place, a prime example…
“# Ubisoft launches Ubisoft Quartz platform for playable and energy-efficient NFTs ” French video game publisher Ubisoft announced its first foray into nonfungible tokens (NFTs) via a new platform called Ubisoft Quartz to launch in beta this week with Ghost Recon Breakpoint for PC players on Ubisoft Connect. Introducing Ubisoft Quartz We’re bringing the first…
“# 3 reasons why Tezos (XTZ) price broke its downtrend with a 50% rally ” 2021 has been a breakout year for the cryptocurrency market and aside from Bitcoin price soaring to new highs, the emergence of a vast decentralized finance (DeFi) ecosystem and the rising popularity of nonfungible tokens (NFTs) has thrust blockchain technology…
“# Tezos blockchain notes power savings after PoS switch: PwC report ” Tezos, a privacy-focused blockchain network, released its carbon footprint report from PricewaterhouseCoopers Advisory SAS, a French member firm of the PwC network. The PwC report reflects drastic improvements in energy efficiency for Tezos since moving from a proof-of-work (PoW) to a proof-of-stake (PoS)…