The Baking Sheet - Issue #66

September 24, 2021

gm Tezos

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

This week has been another great week for the Tezos ecosystem. We’ve seen the latest proposal, Hangzhou get introduced among many other ecosystem wide news.

This week’s issue will focus on STO’s and the traction that is beginning to brew back up in that sector.

Tezos Ecosystem Insights: STO Landscape

For quite some time, we’ve been made aware of numerous security token offerings slated to take place on Tezos.

We’ve learned of some news coming from Thailand that dispels this train of thought.

XSpring Digital declares that the SiriHub Investment Token, which allows people from all levels of society to invest in Thailand’s first real estate-backed ICO, is attracting strong attention from investors. This real estate-backed token has the Siri Campus Office Building, where the headquarters of Sansiri Public Company Limited (SIRI) is located, as its underlying asset.

This STO has launched and seeks to raise upwards of $80M utilizing the Tezos blockchain. Stephane De Baets of Elevated Returns shared a few words on the significance of the announcement as well.

What is at stake here is whether here is a case for STO. This is a first public offering of scale to retail through a regulated platform with subsequent listing on private exchange. If it flies then the whole STO use case is validated and since we commit to use Tezos as standard it will boost the demand for protocol. If it fails we are back to square one.

What we’re essentially witnessing is that chain bias/favoritism isn’t a focal point in the numerous institutions/enterprises that are using Tezos for security token applications. As of today, there is about $4B in capital that has been created and/or slated to take place in future security token offerings on Tezos.

This very mindset described above has penetrated other sectors as well. We’re rapidly witnessing the rise in artists and creators choosing Tezos over other platforms for very similar reasons. Tezos can scale, the technology is not in practice (it’s available right now), high level of security, economically efficient, and it is environmentally friendly.

Those very points have manifested themselves month to month now in terms of network usage and metrics. Contract calls on Tezos are expected to double the previous ATH for August

Institutions and enterprises are in it for the long haul. Similar to the Cambrian explosion in NFT’s that we’ve been witnessing on Tezos lately - the same should likely be expected down the road for real applications and usage of blockchain technology. You’ll be hard pressed to find something better than STO’s especially in the real estate sector.

The Tezos ecosystem is focused on developing the seeds for planting itself in the long term. After the speculation dust settles, one would be a little pressed to not come to the realization that what’s being done today and what’s getting built is focused around the aforementioned statement.

This Week in the Tezos Ecosystem

Tezos, one of the original Proof of Stake blockchains, is one of the few networks with on-chain governance, which allows the network to upgrade itself without a hard fork, today received its newest…

Since our inception, Bender Labs has sought out to build a decentralized bridge connecting the Ethereum and Tezos blockchains, specifically ERC-20 and ERC-721 (Non-fungible tokens or NFTs for short)…

TZ APAC provides a host of resources and services for anyone looking to engage with or build on top of the Tezos blockchain.

DNS.xyz is actively working on creating web3 profiles (a form of decentralized identification) for the Tezos network. Their service acts as a personalized identity/website for users, similar to…

In late August, artist George Goodwin released a collection called Tezzards on Tezos: it is 4,200 lizards in psychedelic sweaters that obviously wear no trousers. Users have bought those effing creatures in 3 hours for a sum total of 63,000 tez.

Block0, a leading blockchain consulting and development company, has announced that it is strengthening its involvement within the ecosystem and becoming a corporate baker on Tezos. Through their new position as a baker, Block0 will now validate transactions (blocks) and add them to the Tezos blockchain.

If you believe that tez markets will trade sideways or negative, you are better off holding a stable uUSD that may pay interest of up to 29.5% subject to supply and demand. You may be able to get a…

On the 10th of September, TQ Tezos launched Homebase on mainnet: it is a templates-based platform for creation of DAOs. Version v0.4 allows one to create a contract to govern project funds or a smart contract in a few clicks.

This week in Tezos Development

Lately, it has become clear that Tezos has taken a new trajectory and continues to grow in network effects, usage, and community growth. This inflection point has been aided by likes of numerous core…

Now Streaming

This weeks episode of TezTalks Radio, we sit down with President of InterPop, Brian David-Marshall, to discuss his mission for InterPop, some new info on Emergents TCG with its upcoming release, and Play with Brio.

InterPop is building games and entertainment brands using true digital ownership to redefine fandom through digital collectibles and experiences.

InterPop has assembled an all-star team that is made up of industry professionals from both the tabletop and digital gaming worlds, Hall of Fame and Championship gamers, comic industry veterans, and talented engineers at the forefront of the NFT space.

co-hosted by Marissa Trew and Stu Elmes.

Tezos NFTs - PRJKT NEON

PRJKTNEON is a collection of 666 programmatically, randomly generated cyberpunk characters called AVATARS that live on the Tezos blockchain. They have lots of features (137 traits total) with different rarities, and give their owners access to exclusive benefits on top of being absolutely badass.

Excited to to see the world that FLYGOHR has created and watching this universe unravel over time