Why are there no updates regarding BTG deal (STO)? Was it just a lot of noise (from a third world country) and not backed up by anything?
The BTG Pactual REIT-BZ deal is progressing according to plan and should be ready for launch on the Tezos network shortly. There has been a slight delay (approximately 6 weeks from the initial schedule) due to COVID-19 related operational challenges in managing keys and administrative access due to the shelter-in-place orders in Brazil, but we have used this time to continue refining the technology stack this initial Tezos STO is built on. There will be public announcements as the token launches. We are very pleased with the progress BTG Pactual and partners have made in readying this token for public launch, and look forward to additional collaboration in the future.
Should Tezos in TF’s view rather scale on layer 1 (tenderbake, avalanche) or on layer 2? We are a bit exploring everything and wasting a lot of resources. Why not focus on one or two things, but with all resources and be a leader rather than take the “wait and follow” strategy?
Tezos is a truly decentralized project – each team that receives funding is given the freedom to pursue their own goals and milestones. That said, in order to be a leading public blockchain solution – we are not afforded the luxury of being able to focus on only layer 1 or layer 2. We need to scale both quickly and with an efficient use of resources. The infrastructure and tooling on Tezos has grown leaps and bounds and we have been able to do it without exhausting the funds raised in 2017.
What Tezos-related things are you most excited for in 2020?
There are many exciting things planned for 2020 in the Tezos ecosystem. The upcoming 007 protocol upgrade, which will include zk-SNARKs, will enable a large number of applications previously impossible on a public blockchain. Continued adoption of Tezos by meaningful applications in asset tokenization, payments, gaming, and other categories will bring Tezos to a much larger community, and correspondingly will support improvements in tools and infrastructure. Improved standards and libraries around tokens, wallets, indexers, and other infrastructure will make it easier for high-quality tools to support the full functionality of Tezos as well as make it easier for developers to quickly integrate Tezos into their platforms and applications.