The Tezos Foundation is excited to announce its partnership with Satoshi’s Treasure and the launch of the Tezos Satoshi’s Treasure Hunt, a multiplayer game of skill where people can solve difficult puzzles to receive tez (XTZ) from a prize pool of 1 million tez.
As the Satoshi’s Treasure team explains in its blog post, the Tezos Hunt is built on top of a set of smart contracts, allowing hunters to be immediately rewarded, in tez, for using their problem-solving skills to beat puzzles. The Hunt will encourage technical problem solving and the building of new tooling which will ultimately benefit the entire Tezos community.
While the main Hunt will officially launch in the coming months, those who are eager to start winning tez can play the Satoshi’s Treasure mini-hunt, which has a prize of 5,000 tez and will begin on 10 September 2019. For updates, keep an eye on the Satoshi’s Treasure Twitter account and website.
We are also excited to announce that we’ve issued a grant to Stove Labs to build a non-fungible token (NFT) standard as well as support the implementation of the Hunt. Stove Labs, led by Tezos developer Matej Sima, develops Granary, a Tezos smart contract and application development toolkit, and is involved in the development of The Marigold Project’s LIGO smart contract language.
To support the Hunt, Stove Labs is working closely with TQ Tezos and the Satoshi’s Treasure team to deliver the necessary infrastructure and smart contracts. Clues for the Hunt will be set up as NFTs which can be traded, bundled, and cashed-in based on the rules of the game itself. This will allow for a transparent progression of the game that can be tracked on-chain.
NFTs are unique, non-interchangeable digital assets. For example, they may be used to represent digital or physical pieces of art, collectibles, or real estate properties. Stove Labs’ NFT standard will complement the token standard for fungible assets being developed by Serokell, Nomadic Labs, and TQ Tezos. As part of the grant, the Stove Labs team will produce documentation and other educational materials, host workshops, and present at meetups and hackathons to promote its work.
The Tezos Foundation’s core mission is to support the long-term success of the Tezos protocol and ecosystem. By funding projects created by scientists, researchers, developers, entrepreneurs, and enthusiasts, the Foundation encourages decentralized development and robust participation.
Of note: Eligibility to participate is open to any person who has not worked for an entity that has received funding from the Tezos Foundation. This will help to include new developers in the Tezos ecosystem. The Tezos Foundation, Satoshi’s Treasure team, Stove Labs, and TQ Tezos employees are excluded as well.