The Baking Sheet - Issue #54

'Granada' Proposal moves to the next phase: Faster blocks, gas optimizations, and more liquidity for Tezos

Welcome to this week’s issue of 'The Baking Sheet'!

Lately, we’ve been met with more continuous ecosystem growth and this week’s issue will circle back to tokenized assets and some of the adoption we’ve seen as of late in that sector.

Tezos Ecosystem Insights: STOs

On Wednesday, we learned about Aqarchain’s plans to launch a tokenization platform on Tezos - predominantly for usage of real-estate backed STO’s.

Founder and CEO of Smart Chain (parent company to Aqarchain), Waqas Nakhwa shared a few words in a press release.

“We are proud to be on the verge of launching one of the most innovative solutions that will revolutionize the way people invest in real-estate using crowdfunding and tokenization through digital assets. This has democratized investments while allowing the digital trade of real-estate assets in a more seamless, secure, efficient, and quick manner.”

“We have developed not only a state of the art property listing portal with mobile application for retail users, which will be live on July 1st 2021 allowing developers and brokers get a free listing and sales management platform, but, we have also developed our crowd funding self-tokenization platform for properties which allows fractional ownership of properties. Together these two platforms will revolutionize real estate investments.”

We often get lost in the slew of other news and different sectors within the Tezos ecosystem that are actively being built around. At this point, it should be completely understandable as network metrics are breaking ATH’s on a monthly basis now.

However, something that should be clear and important is that public blockchains derive their true value from network effects. Further, as a Proof of Stake (PoS) based network - there is clear emphasis on utility and value transfer. In a macro sense, we can say that these protocols function similar to railroads or modern day freight.

That is, protocols like Tezos are essentially transports for numerous types of value; whether those be DeFi, tokenized assets, NFT’s, and more - they serve a utility of transport function much like freight and the railroads did with goods & services.

That said, in lieu of Aqarchain’s plans to launch a tokenization platform on Tezos we’re seeing more growth and adoption within the tokenized asset landscape.

For Tezos, we can likely attribute this adoption and attraction thereof to a few cardinal attributes.

  • Institutional-grade smart contracts

  • Secure custody

  • Upgradeability

As with most things in early stages, it will take time to attract significant liquidity. When trillions of dollars are potentially at stake, this should come as no surprise. Building things that can handle this level of volume and usage won’t come overnight.

As community members, we know this. While others hide beyond blanket statements and single variable metrics, we’ll keep building and growing.

Onwards!

Tezos Community Rewards Program

This is the final week for submissions on who you think deserves recognition and tez for their contributions to the Tezos ecosystem. There is up to 5000 tez available for the Tezos community with all different ranges of skills and contributions.

This Week in the Tezos Ecosystem

Find on-chain information about Tezos dapps, users, and how Tezos ranks across the blockchain ecosystem

OneOf is a new “Green” platform for non fungible tokens, or NFTs, built for the music community that helps connect artists directly to their fans. Built on the Tezos blockchain, an energy efficient…

On May 27, Bernd Oostrum and Om Malviya, two Tezsure developers, have launched Plenty DeFi. Over a month, users have staked $15 million on Plenty DeFi, and the app itself has become the third most popular Dapp on Tezos.

Built on Tezos, a secure and energy efficient blockchain, Electis.app by Electis, is a fully anonymous and encrypted e-voting system.

Zug-based ubinetic has launched new, open-source oracles in May 2021 that leverage Android’s key attestation and built-in hardware security modules to create a verifiable trusted execution…

This Week in Tezos Development

A veteran implementation of Tezos gets a name: Octez

An easy-to-use mobile wallet, ready for all your DeFi needs on the Tezos blockchain.

Juster is a decentralized protocol allowing to bet on crypto price dynamics or to become a bookmaker along with the professionals. Public beta this summer.

Now Streaming

This week's episode of TezTalks Radio features Bilal of Equisafe -- Bilal has been building on the Tezos platform for the past 3 years.

This episode dives into Equisafe's new product - Equisafe Markets, an asset tokenization platform that enables a secondary market for real estate.

Key Highlights:

- Planning a huge Tezos Hackathon with up to 500K in prizes

- Setting up a Tezos Accelerator program in France

Co-hosted by Marissa Trew and William McKenzie

Watch: YouTube

Listen on your favourite Platform: Spotify, Google, Apple, and Amazon

Trending on Tezos Agora

The current TZIP draft is in this MR.

Comments welcome.

Introducing Bakin’Bacon - Tezos Baking Made Easy

Over the past years, we have seen Tezos adoption grow and grow. Newcomers join the baker’s slack channel seeking help on setting up the Tezos software so they can bake. U…

Tezos NFTs