Increased NFT Demand Triggers Tezos Transactions And Smart Contract Activity
Recently, the Tezos network has been experiencing progressive growth in its smart contract addresses and adoption for the past 12 months. This is majorly linked to non-fungible tokens as the primary driver for the increase. Hence, with the move, Tezos stands as viable competition to Ethereum in terms of NFT minting and its markets. Non-fungible tokens, NFTs, are recently gaining more attention within different sectors. More businesses and even celebrities embrace this digital asset for various reasons that satisfy their purposes. From creating expressions and awareness to generating....
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Smart contract activity in the Tezos ecosystem has surged over the past year as it becomes a magnet for NFT activity. 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 Ethereum for NFT minting and markets.According to Coin Metrics’ “State of the Network” report on Feb. 1, the number of transactions involving smart contracts has surged over the past 12 months to more than....
Wolfram Blockchain Labs (WBL) and Tezos are forging a full integration of Tezos into Wolfram Language and Wolframalpha. The integration gives easy access to developers that want to interact with the Tezos blockchain and their smart contracts. WBL-Designed Oracle Expands Tezos Developers’ Computational and Analytical Capabilities Amid the accelerating race to simplify smart contract deployment, Tezos continues to build on its latest momentum after integrating Wolframalpha and the Wolfram Language via Wolfram’s blockchain. Wolfram, a renowned computational technology provider,....
Wolfram Blockchain has fully integrated Tezos, bringing data to and from the blockchain. Wolfram Blockchain Labs, the cryptocurrency-centric division of popular computing engine provider Wolfram Alpha, is adding support for Tezos on its platform, providing a two-way interface with the blockchain.Announced on Monday, the integration adds support for Tezos blockchain data within the Wolfram Language, which allows developers to obtain analytical data from the blockchain. The language specializes in advanced statistical queries that analyze smart contract activity, and the integration....
The Los Angeles-based venture fund plans to incubate startups building on the Tezos blockchain. Blockchain venture studio Draper Gorem Holm has announced plans to incubate Tezos-based startups as part of its $25 million venture fund, highlighting its conviction in the smart contract platform.The venture fund, called Fund 1, was launched in October 2020 as a way to incubate emerging blockchain companies. Fund 1 is set up as a traditional venture capital fund focusing on emerging fintech and blockchain startups. The inclusion of Tezos-based projects into the fund is hardly surprising given....
“Ethereum demand is tied more closely to transactions. Therefore, similar scaling constraints hurt Ethereum demand more than they suppress Bitcoin demand,” Morgan Stanley’s report reads. Morgan Stanley’s wealth management global investment office has published a report on Ethereum (ETH) arguing that the blockchain’s dominance could dwindle if strong market competition emerges. The investment banking giant’s report is titled “Cryptocurrency 201: What Is Ethereum?” and it provides a detailed rundown of the ecosystem along with its advantages and disadvantages in relation to Bitcoin (BTC).....