Buy Tezos (XTZ) in UK With GBP | CoinJar

Why investors buy Tezos: Tezos is not your typical cryptocurrency. It’s more like a digital platform that allows people to create and manage assets and applications. Metaphorically, it is a playground for developers, where they can build stuff using blockchain technology. But what makes Tezos unique from other blockchains?

Self-upgrading

Imagine if your smartphone could upgrade itself without you having to buy a new one. That’s what Tezos does. It evolves over time. How? By upgrading itself through a process called self-amendment.

No forks — just smooth transitions. This means Tezos can adapt to new challenges without splitting into different versions.

Governance by the people

Tezos isn’t ruled by a single king or queen. Instead, it’s governed by its users. It’s like a digital democracy. If you’re a Tezos holder, you get a say in how things work.

So, when someone suggests an improvement (called an amendment), users vote on it. If it’s a good idea, it becomes part of Tezos.

Smart contracts and dApps

Tezos allows developers to create smart contracts and decentralised applications (DApps). What’s a smart contract? Think of it as a digital agreement that executes automatically when certain conditions are met.

For example, you could create a smart contract for buying a house. Once the money is transferred, the contract automatically transfers ownership. No lawyers needed.

dApps, on the other hand, are apps that run on the blockchain, instead of the internet. They can’t be shut down by anyone (there’s no central authority). Want to build a decentralised voting app or a digital art marketplace? Tezos is one place you can do it.

Proof-of-Stake (PoS) and delegation

Tezos uses Proof-of-Stake (PoS). Participants (called nodes) contribute their computing power to keep Tezos running smoothly. Unlike traditional PoS, anyone can join. And they get rewarded for helping out. To participate, users need a deposit, similar to collateral.

Cool things on Tezos

The top dApps on Tezos are interesting to read. Here are some interesting projects.

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Objkt.com

Objkt.com is the largest digital art and collectible marketplace on Tezos. It allows users to buy, sell, and showcase NFTs (non-fungible tokens) created on the Tezos blockchain. You can explore and discover various digital artworks and collectibles on their platform.

Coin Blast

Coin Blast operates on the Tezos blockchain. There’s a variety of games, including Trivia Cash.

In Trivia Cash, players answer trivia questions to compete against each other. But there are real prizes at stake. Coin Blast has been gaining traction. It recently surpassed 12,000 monthly active users.

V.Hive

V.Hive is a digital fan universe. This futuristic Neo-Paris universe allows fans from all over the world to unite, collaborate, and support Team Vitality’s ambitious goals.

There are hundreds of quests within V.Hive. By completing them, users climb the ranks and unlock exclusive experiences.

Cricket Stars

This is an NFT-based cricket strategy game built on the Tezos blockchain. Cricket Stars combines sports strategy with cricket gameplay.

Players collect cricket skills as NFT playing cards. These cards can be upgraded and traded to evolve strategies. The game features a real-time player-vs-player esports mode.

Vending NFTs

Vending NFTs introduces the concept of a digital vending machine for random art distribution. Imagine a virtual machine that dispenses unique digital artworks in the form of NFTs.

On the Vending NFTs platform, there are currently 56 NFTs available. Users can purchase these NFTs using Tezos (XTZ) cryptocurrency.

Additionally, there’s a wildcard option for those who enjoy surprises.

Vending NFTs aims to create a unique and interactive experience for art enthusiasts and collectors. By combining randomness, scarcity, and blockchain technology, it adds an exciting twist to NFT acquisition.

Why Investors buy Tezos: Conclusion

Tezos is open-source, adaptable, and community-driven. So, whether you’re a developer, investor, or just curious, keep an eye on Tezos.