The Baking Sheet - Issue #67

October 01, 2021

The Tezos Ecosystem is growing at an exponential rate

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

Q3 is in the books now. Over the week, we’ve seen further adoption throughout the Tezos ecosystem in terms of contract calls, NFT’s, DeFi, and social metrics. Tezos was even trending on Twitter at one point!

This week’s issue dives into the explosive growth we’ve witnessed this month with contract calls and why we see this trend is likely to keep growing.

Tezos Ecosystem Insights: Artists & Creators

Beginning last week, we started hosting a new Tezos community hangout session on Twitter. If you haven’t tuned into any of the previous ones, be sure to this coming Tuesday.

We co-host these sessions alongside DNS.xyz.

Our Twitter spaces have had a lot of really great knowledge shared and some of the stories a few people have are quite interesting.

That said, a recurring theme I keep hearing from artists and collectors who tune in and share a few words is just how welcoming Tezos is comparative to other platforms/networks. It’s virtually the same story with everyone, so you can’t take it entirely from me in the advent you were.

It’s becoming its own culture that artists have created and culminated on Tezos. Since minting/distribution is so much cheaper, there’s been so much room for experimentation and we’ve seen some great stuff come out of it.

To expand, one participant in our space even brought up the different files that hic et nunc allows and spoke at length on why that actually brought him to the platform since it is not offered anywhere else.

Cheaper fees, environmentally friendly, and an already established reputation with large names using Tezos-based NFT platforms have catered to a massive growth for contract calls. This month we’re nearly at 6M contract calls and just recently broke the 20M total contract call milestone.

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 April.

The numbers are backing up what I’ve been writing about and saying for awhile. Tezos is truly beginning to become a movement and pivot for artists and creators furiated from issues plaguing other platforms/networks, not just limited to feature sets. We’ve seen a whole new culture and community emerge from this movement that has begun to define it.

That culture has led to the creation of original art, creative and intuitive applications of their art, and an experimental atmosphere that would not be available much elsewhere. One would be pressed to find a more vibrant community and group of collectors and artists than what we’ve seen come to Tezos.

Be sure to tune in every Tuesday for our Twitter spaces if you’d like to hear more stories from the artists and collectors themselves. We also cover ecosystem-wide news as well.

Tezos x NY Mets

This Week in the Tezos Ecosystem

Our reports provide insights and an overview of the Foundation’s activities. Twice a year, we issue a Biannual Update that covers our activities during the last six months.

We’re proud to announce that Manitcor is the first recipient of a grant from our newly established small grants program!

Today, Vortex launched and it looks great. Vortex is a Next-Gen Decentralized Exchange (DEX) built on Tezos by the Smartlink. Anyone may list a token by creating a new liquidity pool and add liquidity to an existing pair. VORTEX has a whitelisting procedure under which new tokens can be verified.

Now that Tezos Domains reached well over 17,000 registered domains, let us give a short update about what’s been cooking in the meantime. We are really excited to share that our secondary market…

Mavryk Finance is a Decentralized Finance (DeFi) platform that allows users to take control of their finances by digitally cooperating together to operate a DeFi banking ecosystem. Mavryk is incubated by Tezos Israel, which are known to be long-time ecosystem builders, advocates, and participants of the Tezos ecosystem.

This Week in Tezos Development

One of the chief complaints of smart contract developers on Tezos is running out of bytes - you

have some awesome new application you want to write, but there's no way to write the code such

that it fits within Tezos' size limit for contracts. In protocol Hangzhou, we introduce a small but powerful

feature called global constants to address this issue.

This TZIP proposes Tenderbake as a replacement of Emmy+ (or Emmy★) in order to provide deterministic finality.

Blockchain development on Tezos basics in five lessons. Learn how the smart contracts work, start writing in Pascal LIGO language and create your own NFT.

On 21 September 2021 ubinetic received the final smart contract review report of Least Authority (LA) covering the deployed smart contracts of youves, and the deployed smart contracts of the ubinetic…

Now Streaming

This week's episode features Om, head of Tezos India, co-founder of Tezsure and Plenty DeFi.

India has been a fast growing region for blockchain adoption with Tezos trailblazing a path in this region.

Let's dive into the latest developments with Om

Tezos NFTs - Vertical Crypto Art Auction

A ZoraOS auction house operated and owned by VerticalCrypto.