Dear Tezos community,
In the past week we have seen a number of exciting events and developments that show the depth and breadth of the Tezos ecosystem.
The first Tezos meetup in Africa was held in Cameroon to celebrate the 1-year anniversary of the betanet launch. They were expecting around 40 people – but over 80 showed up. This is in addition to a week long training course in Vietnam, a meetup in Hanoi, a meetup in San Francisco, and a meetup in Rio de Janeiro.
The community is flourishing around the world. I can’t wait to see what the future holds as more and more people get involved.
On that note, be sure to take a look at the full list of the 1-year parties happening around the world this month. Then, moving into August, be sure to sign up for TQuorum: Berlin which is happening on August 22nd during Berlin Blockchain Week.
Look forward to seeing you all soon at one of these events!
Grantees and Funded Entities
Here are some updates on what our grantees and other funded entities have been up to this week:
- Nomadic Labs introduced an all-new open source Tezos blockchain indexer.
- Tezos Commons released an explainer video that breaks down why Tezos is the best platform for security tokens.
- TzStats pushed out the first development update tackling the Tezos data trail.
- tezblock released the results from their user feedback calls and survey.
- Cryptonomic shared some insights from the recent meetup in Cameroon, the first Tezos meetup in Africa
- Tezos Korea announced a new training program to take place in Busan
- A new grantee, CamlCase Tech, announced that they are building a Uniswap inspired decentralized exchange on Tezos called Dexter.
This past week has been a busy one at the Foundation as well. Below are a few details that we can share:
- We announced that security expert and entrepreneur Ryan Lackey has been appointed to the Tezos Foundation Council. For more on Ryan’s background, read our full announcement.
- I did an interview with CryptoLiveLeak. We had a great conversation that touched on a ton of different topics.
- Foundation council member, Hubertus Thonhauser, recorded a podcast with Jonas Lamis at Tezonomics.
- We are hard at work on the first biannual report. This is a large undertaking but we think the final product will help everyone involved with Tezos get a sense of where we are and where we are going.
- We extended the deadline for fundraiser contributors to claim a Tezos-engraved Ledger Nano S, and are preparing to release the first wave of redemption codes.
What is inflation funding? How does it work?
Inflation funding is a mechanism that the Tezos protocol uses to fund the development of the core protocol and other public goods. Essentially how it works is simple – if an upgrade is approved by the Tezos governance process, the protocol itself mints new Tezos tokens (XTZ) and issues them to the developer(s) behind the upgrade. This process increases the total supply of XTZ and is designed to solve the free rider problem that open-source projects are particularly prone to. Inflation funding presents a sustainable source of funding that is not reliant on token price appreciation or private investment.
Why does Tezos.com look different?
One of our top priorities this year is to onboard new developers to build things on Tezos. In addition to sponsoring training courses, we wanted to improve the onboarding experience for developers that are new to Tezos. To that end, the Tezos Developer Portal has been added to ensure that the amazing resources that the community has created are easily accessible for anyone that is interested in building on Tezos. Have an idea of how to make the portal better? Contribute to the site here.