The above chart shows the impact of cheaper fees, environmentally friendly, and an already established reputation with large names using Tezos-based NFT platforms. Last month, a new ATH was made for contract calls with the total around 50M on mainnet.
Since September 2021, that’s an increase in total contract calls of roughly 120%. In other words, protocol upgrades amalgamated with organic NFT and DeFi interest have encompassed for the vast majority of contract calls on Tezos to date… just since March of last year.
On the NFT front, it’s no secret that Dogami has been the talk of the town for the past week. With over 150k tez in
secondary trading volume on just the first day, Dogami has set a
new precedent towards a growing belief that more users are needed to support these drops of Dogami’s size. It can be supported today.
Equally as important, the Kukai team recently
launched their
Mooncakes project. Mooncakes are a fun and great way of exploring the world of Tezos NFTs. Apart from claiming their free Mooncake, users can earn free Mooncake NFTs just simply by being active on Tezos and completing various challenges.
With the growth we’ve seen in terms of network metrics, it will be very exciting to see what the future holds for the Tezos ecosystem. With Tenderbake on the horizon in the latest Tezos upgrade that’s undergoing voting, we’ll keep marching along and never stop evolving.