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Tezos (XTZ)

Blockchain Infrastructure

Overview

Tezos is considered to be a generic and self-amending crypto-ledger.

Features

Tezos’s seed protocol is based on a proof-of-stake system and supports Turing smart contracts. Tezos is implemented in OCaml, a functional programming language offering speed, an unambiguous syntax and semantic, and an ecosystem making Tezos a candidate for formal proofs of correctness.

One of the Tezos’s feature is its ability to implement protocol capable of self-amendment. This is achieved by exposing two procedures functions to the protocol: set_test_protocol and promote_test_protocol. Tezos supports meta upgrades: the protocols can evolve by amending their own code. To achieve this, Tezos begins with a seed protocol defining a procedure for stakeholders to approve amendments to the protocol, including amendments to the voting procedure itself.

Tezos’s proof-of-stake mechanism is a mix of several ideas, including Slasher, chain-of-activity, and proof-of-burn.

The Tezos’s operations of a regular blockchain are implemented as a functional module abstracted into a shell responsible for network operations.

Technical Details

Tezos has its own blockchain, not a derivative of any other blockchain. Relies on a less onerous, less computationally intensive, and less power-consuming proof-of-stake consensus algorithm. Implemented in OCaml, a functional programming language.

Crowdsale

ICO
ICO start date 29 Jun 2017
ICO end date 12 Jul 2017
Raised 155,000,000 USD
Legal
ICO Platform No
Registration Country United States
Token details
Ticker XTZ
Additional Token Emission No
Accepted Currencies

BTC

Token distribution

Crowdsale token supply: unlimited - 10% of crowdsale token supply for the Foundation (4 years vesting period) - 10% of crowdsale token supply for the development team (4 years vesting period) - Bonuses: $422,000 - Early backers: $893,201

Ratings

Type of scores
Score
Status
Hype score High Active

Team members

Name
Position
ICO
Social
Member of this ICO only
Member of this ICO only
Member of this ICO only
Member of this ICO only
Member of this ICO only
Member of this ICO only
Member of this ICO only
Member of this ICO only
Member of this ICO only

Advisors

Name
Position
ICO
Social
Advisor Member of 3 ICOs

Funding Rounds

Fund
Status
aum
Strategy
Live $20,000,000 Venture
Live $1,044,064,537 Venture

Development

Pre-Launch
Launch
Custom blockchain
Testnet
Mainnet
NA NA Yes Done NA

Rating Review and Analytics

Investment rating Info NA
Hype score Info High
Risk score Info NA
Basic Review

ICO Contacts

Website

Trading

(XTZ)
$0.47
2.8% 24H
ETH
return 2.88x
Start ICO 29 Jun 2017
End ICO 12 Jul 2017
Token XTZ
Price 1 XTZ = 0.47 USD
MVP No
Registration Country United States
Whitepaper View
Basic Review View

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