Tezos

Tezos is a blockchain platform founded in 2017 by Arthur and Kathleen Breitman. The company is headquartered in Zug, Switzerland, and operates as an open-source platform for smart contracts and decentralized applications (dApps). What makes Tezos unique is its self-amending protocol, allowing upgrades without the need for hard forks, making it adaptable and scalable for future developments in blockchain technology.

Tezos’ blockchain is based on a Proof-of-Stake (PoS) consensus mechanism, which is energy-efficient compared to traditional Proof-of-Work systems. This innovative approach has attracted significant attention from major players in both the finance and sports sectors. As of recent financial reports, Tezos has attracted over $230 million in its ICO (Initial Coin Offering), and its blockchain continues to power a wide range of applications, from DeFi platforms to NFT marketplaces.

In the world of sports sponsorship, Tezos has made headlines with its partnerships with Manchester United and Red Bull Racing. These high-profile collaborations include Tezos’ involvement as the official blockchain partner, where Tezos technology is used to create fan engagement experiences and enhance the digital strategies of these global brands.