
What is Tezos (XTZ)?
Tezos is a crypto platform that supports smart contracts and Dapps. It also looks to evolve faster than other blockchains.

Tezos is a crypto platform that supports smart contracts and Dapps. It also looks to evolve faster than other blockchains.
Technology
While practical quantum computers capable of breaking modern cryptography do not yet exist, Tezos co-founder Arthur Breitman said some pockets of the crypto industry are treating quantum computing like a conspiracy theory while ignoring a legitimate threat to blockchain privacy. The warning comes as Tezos launches TzEL, a post-quantum privacy system on testnet designed to protect private payments and encrypted transaction data from future “harvest now, decrypt later” attacks. Breitman said Tezo...
Gaming
Video game veteran John Smedley—who helped build fan-favorites EverQuest, H1Z1, and PlanetSide—debuted his crypto open-world persistent shooter Reaper Actual on Wednesday in what is branded as a “Foundation Alpha” playtesting phase. Smedley has previously faced backlash from his non-crypto gaming fanbase due to Reaper Actual’s use of crypto, although it is entirely optional. He has previously estimated that only 8% of the player base will use the NFT marketplace, where they can trade in-game ch...
Gaming
Candy Crush Saga’s glossy, streamlined take on match-3 puzzling has racked up more than 1 billion mobile downloads—and now the formula is getting a fresh crypto spin with the launch of Sugar Match, a game built on the Tezos layer-2 network, Etherlink. The iOS and Android game, built by Sugar Gaming Studios, aims to differentiate itself from other match-3 games—puzzle games that task users with moving objects to connect and clear three or more like items—with its competitive player-versus-player...
Gaming
It's tough to keep tabs on the ever-changing crypto gaming space, thanks to the constant flow of news: everything from big game launches and fun degen experiments to token price swings and occasional project collapses. It's a lot to follow. Luckily, we're plugged in at Decrypt's GG. We cover the biggest happenings throughout the week, and then this weekly roundup provides a quick way to catch up, as well as find a bunch of other little bits of news from throughout the week. Top stories Reaper Ac...
Gaming
Game industry veteran John Smedley—who helped bring games like EverQuest, H1Z1, and Planetside to life as president of Sony Online Entertainment (later Daybreak Game Company)—is back with a new studio, Distinct Possibility Studios, and a blockchain-powered debut first-person shooter called Reaper Actual. And while blockchain games have typically found a muted or hostile response from traditional gamers, Smedley believes his game could bring in “millions and millions” of players due to the shoote...
Business
Bitcoin's recent “parabolic” price rise reflects increased regulatory certainty in “major markets like the U.S.,” said Tezos co-founder Kathleen Breitman. Speaking at Web Summit, Breitman argued that, “The parabolic rise in Bitcoin’s price this week reflects this lack of ambiguity in the U.S.,” arguing that, “now that there's a lot less ambiguity as to the status of cryptocurrencies in major markets like the U.S., there will be more things like tying real world assets to cryptocurrencies, becaus...
Business
Web3 film funding platform Decentralized Pictures (DCP) is teaming up with the makers of horror films “The Blair Witch Project” and “Host” to launch a fundraising opportunity for horror short filmmakers, with two separate grants of up to $25,000 up for grabs. Decentralized Pictures announced the award alongside ‘The Blair Witch Project’ co-director Eduardo Sanchez and ‘Host’ writer-producer Jed Shepherd. We’re eager to announce our next award with @arts3fdn and with the mentorship of @Jedshephe...
NFTs
Earlier this month, Decrypt’s sister Web3 media outlet Rug Radio headed to Basel to take part in the Digital Art Mile, a new digital art fair format that showcased contemporary and historical digital art from around the world. “We wanted to bridge these two worlds—the traditional art world and the digital art world,” Georg Bak, Artistic Director of the Digital Art Mile, told Decrypt. The inaugural Digital Art Mile succeeded in that aim, Bak said, drawing “a mix of the Web3 crowd and curious art...
NFTs
On Thursday, a collection of tokenized artwork from the Musée d’Orsay’s first-ever commission of an on-chain exhibition will hit the market—the product of two experimental artists, months of coordination by the museum’s leadership, and thousands of exhales from unknowing strangers. The pieces, five single-edition NFTs minted on the Tezos blockchain collectively titled “The Convergence of Breath,” are the fruits of an art installation (and partial social experiment) now on display at Musée d’Ors...
NFTs
Next month, for the first time in its history, the storied Musée d’Orsay in Paris will showcase original artworks featuring blockchain technology. Come February, however, the museum—a majestic 19th century railway station on the Seine’s Left Bank, lined with the masterworks of Monet, Manet, and van Gogh—will feature nary a stray CryptoPunk nor animated penguin. In fact, its new blockchain-backed art won’t utilize a single screen. “I don’t think it would be very relevant if I put 30 screens in a...
Gaming
Paris-based gaming startup Dogami has released its new mobile game, Dogami Academy, which is available for iOS and Android. Currently playable in early access exclusively for Dogami NFT holders, the game serves up crypto token rewards for players. Dogami Academy is a dog training and racing game that pairs strategic elements with training and obstacle course navigation, letting players compete online in various events. Currently, the game features an environment based on Paris, although more loc...
The Coins
2Tezos is a lot like Ethereum. It is a platform to create smart contracts and Dapps that are censorship-free. As with the current iteration of Ethereum, Tezos runs on Proof-of-Stake. This means there is no crypto mining involved. It also features a governance model to ensure that people who own the coin have a say in decisions regarding the future of Tezos. As there are no miners, the people who check and confirm transactions are called “bakers” and they run what’s known as a “baking operation.”...
Coins
Tezos (XTZ) soared 7.5% overnight, whizzing past the majority of the crypto market which showed negative gains since yesterday, per CoinGecko data. The positive price action for the layer-1 token can likely be attributed to a surge in trading volume on South Korean exchanges like UpBit, as well as hefty liquidations. The 24-hour trading volume for XTZ reached $122.8 million, significantly higher than its 30 days of $16.8 million, per CoinGecko. Tezos is a blockchain network that uses a variety o...
NFTs
The Museum of Modern Art (MoMA) announced the launch this week of an interactive, NFT-backed digital initiative designed to encourage users to experiment with creating art on the blockchain. The program, “MoMA Postcard,” will debut later this month. It will allow participants to send digital chain letters featuring 15 blank “stamps” across the blockchain to collaborators of their choosing. Together, the 15 participants in a single postcard will, one by one, build out a collaborative art piece w...
NFTs
It was 2021, and the Musée d’Orsay had a problem. The Parisian museum, which boasts the largest collection of Impressionist and Post-Impressionist masterpieces in the world, was struggling to attract visitors amid the seesaw uncertainty of Covid lockdowns. Some museum staff felt assured that the French people’s commitment to cultural enlightenment would prevail, and museum attendance would soon return to pre-pandemic levels. But the doors were open—and huge crowds hadn’t turned up. “French peop...
Coins
Fireblocks, a platform that caters to the needs of financial institutions in areas like crypto custody and settlement, said on Thursday that it’s rolled out full support for the Tezos network. Those who use Fireblocks Wallet will be able to custody Tezos-based assets and tap into its roster of decentralized applications. At the same time, developers will be able to leverage Fireblock’s Web3 engine for building products and services on Tezos in a secure manner, according to the company. Giving Fi...
NFTs
NFT ticketing company Get Protocol has raised $4.5 million, launching its “Web 2.5” alternative to traditional industry giant Ticketmaster. More than 4 million blockchain-based tickets have been issued using Get Protocol’s tech so far, the company claims, including stubs for artists such as Ne-Yo, Gucci Mane, Lewis Capaldi, and comedian Louis C.K. The company says it has a number of other splashy announcements in the pipeline. Despite the big names, Get Protocol has been operating relatively und...
NFTs
Lee Mullican’s physical paintings reside in the permanent collections of the The Museum of Modern Art (MoMA), the Los Angeles County Museum of Art (LACMA), and other prestigious institutions—but the late artist was also an early digital experimenter, and some of his decades-old compositions have been tokenized and released as NFTs. On Thursday, NFT art platform Feral File released “LeeMullican.PCX,” a collection of 12 digital pieces created by Mullican in 1987. Each piece was made using the PC P...
Coins
As the broader crypto market struggles to find momentum for the next upward leg, several cryptocurrencies representing layer-1 blockchains are down heavily in the week. With a plunge of more than 20% over the past seven days, the token powering the proof-of-stake blockchain Tezos (XTZ) has led losses for this category. After hitting a two-week low of $1.14, XTZ climbed to $1.21 earlier on Wednesday before another slide took the asset down to $1.15 by press time, according to CoinGecko. Avalanch...
Business
It’s always been a point of pride for Tezos co-founder Kathleen Breitman that the network doesn’t have a public face or figurehead. Sure, she does plenty of interviews—including one with Decrypt for the latest episode of the gm podcast—but she’s always been steadfast in saying that neither she, Arther Breitman, her husband and co-founder, nor the Tezos Foundation itself have privileged positions in the governance process that’s guided the network’s development. Now Breitman, along with the res...