Tezos XTZ
Report IssueTezos is a new decentralized blockchain that governs itself, creating a true digital commonwealth. This facilitates formal verification, a method that mathematically proves the correctness of the code governing transactions, and improves the security of the most sensitive or financially sensitive smart contracts.
Details
$0.525
-0.31%
#101
Blockchain
ByBit 
Gate 
Score Sentiment Neutral
Fundraising Statistics
Polychain Capital Tier 1 XTZTezos
USDCUSD Coin
BSC
Short Review Tezos
Crypto project Tezos (XTZ) is classified as a Blockchain. Tezos is a Utility token that is hosted on the Ethereum Network. The current total supply is 917.44 M XTZ (Circulating Supply + Tokens yet to be released - Burned Tokens). A total of $242.00 M The level of social activity of the Tezos project is assessed as High.
Tezos ICO Overview
Public sale of tokens will take place on the Tokensoft Launchpad. Estimated date for the public token sale: 13 July 2017. (XTZ) You can purchase project tokens for ETH
XTZ Price Chart
The launch of XTZ token trading took place on 2 October 2017.
Fundraising Rounds
Total sold 607.49 M XTZ tokens ( of total tokens). Total amount of funds raised by the Tezos project is $242.00 M.
| Investment Round | Date | Price | Funds Raised |
| Public Sale (ICO) | July 1, 2017 | $0.38 | $232.00 M |
| Early backers | February 2017 | $3.17 | $10.00 M |
Tezos Investors
Polychain Capital Tier 1Detailed review of Tezos
What is Tezos? Tezos is a platform for smart contracts and decentralized applications. This platform is focused on allowing Tezos coin holders to control the platform. They have created a community where every user is heard. Tezos is a blockchain platform, as well as Ethereum, EOS and NEO. The fundamental difference between them is how they are managed. So-called on-chain governance allows Tezos to continually improve. This helps avoid drastic changes that could lead to hard forks. Another interesting feature is the smart contract programming language. It's called Mikhelson. It provides formal verification of smart contracts, so there is a method that mathematically proves the correctness of the code that governs transactions. The language can also constantly change according to the wishes of the community.
Tezos Project (XTZ)
Tezos was developed by Arthur Breitman. He studied applied mathematics and computer science in France and then moved to the United States to study financial mathematics. Kathleen Breitman, his wife, was also involved in the development of this project. She is a former employee of an enterprise software company specializing in distributed database technology. In 2014, Arthur Breitman published an article highlighting the shortcomings of Bitcoin. And he offered his solution. It was a self-changing cryptocurrency. In 2015, Breitman wanted to attract several banks. But this attempt failed. In 2016, the Brightmans decided to conduct an ICO. In six months, they received $612,000. The Tezos ICO took place on July 1, 2017 and lasted 13 days. Tezos received $232 million.
Benefits of Tezos (XTZ)
- Decentralized and automated updates. Tezos is the only blockchain with decentralized and automatic updates.
- Update without hard fork. Because updates are decided by the Tezos community according to clear rules. This helps to avoid stagnation and continue to improve.
- Well-known development team.
- High level of trust among investors.
- The PoS protocol provides a high level of system security.
- Scalable platform based on smart contracts. This type of platform can potentially be used in any form business.
Disadvantages of Tezos (XTZ)
- Disagreements within the development team.
- Forced KYC protocol that led to network split.
