10 August 2023

Generative Art Platform Fxhash Secures $5M in Seed Funding Round Led by 1kx

The Seed Round Fxhash, the groundbreaking generative art platform and marketplace, has successfully closed an oversubscribed $5 million seed fundraising round. Spearheading this investment initiative was 1kx, an early-stage crypto-focused venture capital firm renowned for its strategic ecosystem growth investments. Founded in 2021, Fxhash has emerged as the...

TezNutz: A Play To Earn NFT Game Developed On Tezos

TezNutz will be a collectible NFT game. The game experience will be added at a later stage. All in-game characters will be generative NFTs that will be minted on the Tezos blockchain.

The series will include different rarity levels that will be revealed after mint. TezNutz NFTs can be listed and traded on objkt.com.

Disclaimer

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Read our full disclaimer here.

TezNutz

TezNutz will be a new 100% blockchain-based play-to-earn game on the Tezos blockchain.

“Build your very unique story while collecting, playing the game, make real money with the native token by winning wager matches, buying and selling NFTs and winning tournaments.”

NFT Collectables

TezNutz will be a collectible NFT game with a game experience added at a later stage.  All in-game characters will be generative NFTs that will be minted on the Tezos blockchain.

The series will include different rarity levels that will be revealed after mint. TezNutz NFTs can be listed and traded on objkt.com. Later,  DeFi capabilities like staking will be added to the in-game assets. 

The first series will be fully equipped with armor and weapons that can also be upgraded later.

The series after that will be plain characters for which you will need to buy armor and weapons separately.

The first series will be minted on the 30th of June (Whitelist mint) and the 2nd of July (Public mint).

The whitelisting process is easy: the user just has to hit the whitelist button on the website and they are in.

Whitelist mint price is 20 XTZ. Public mint price is 30 XTZ.

Play to Earn

Owners of the NFT characters will be able to battle other players and earn rewards while playing. The gaming element will be added in a later stage. 

Owners of TezNutz NFTs will have the option to start going to war against other TezNutz with it. By playing the game your NFTs gain XP.

Accumulating XP will help the player to rise in ranking and his TezNutz to reach new levels and become even stronger.

To increase your chances to win battles, you can improve your equipment. TezNutz can be equiped and upgraded with helmets, armor, weapons and shields. 

Native tokens

To play TezNutz, players are not forced to buy tokens. All they need is a TezNutz NFT.

“No paywalls are blocking you from starting your ingame journey. Furthermore, there is an option to never even purchase a single token and still play the game.

Our play-to-earn system allows the player to collect NFTs without having to use any of their own funds. The only restriction is to own a TezNutz.

Playing more will allow players to be eligible to purchase higher value NFTs in the future. Once a player decides to actually purchase some of the native token, the player might be able to make progress quicker.”

Besides faster progression in the game, the native token has more functionality than in-game purchases.

The token will be used for Governance, in-game rewards, NFT marketplace purchases and reward reimbursement.

Another interesting feature is the fact that the token is deflationary. Deflation is determined by a buyer and seller tax (both initially 2.5% totalling up to 5% tax per trade). 

You can read the whitepaper and FAQ section for more info.

Disclaimer

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Read our full disclaimer here.

Upload Article

Complete the submission form, which includes fields for your name, contact information, a short author bio, and the title of your article. Submit your Word document as a word doc file. If you encounter any issues during the submission process, please contact our support team for assistance at [email protected]. We encourage all aspiring contributors to read and understand our submission guidelines and editorial policy before submitting.

Hidden
Hidden
Accepted file types: jpg, jpeg, png, Max. file size: 128 MB.
Banner Image
Accepted file types: jpg, jpeg, png, Max. file size: 128 MB.
Image
Accepted file types: jpg, jpeg, png, Max. file size: 128 MB.
Image
Accepted file types: pdf, doc, docx, Max. file size: 128 MB.
Submit Article: Suitable Formats = PDF, WORD
By Uploading an article, you are accepting all to all copyright and information that is to the best of your knowledge true and accurate.
Agree(Required)

Other News

View More
25 October 2023

PedroDig.xyz: A New Analytical Tool for Tezos NFT Marketplaces

At its core, pedrodig.xyz harnesses live data from objkt.com, accurately capturing all purchase transaction types. “The heart of pedrodig.xyz is its ability to fetch live data from objkt.com… This data is then channeled into three microservices: Art, Artist, and Collector.”

Read More
Acurast And Tezos
18 October 2023

Acurast Announces the Launch of Tezos Native Integration, Expanding Beyond Ghost-Net

Acurast, a platform that helps developers build zero-trust apps, announces the launch of its Tezos native integration.

Read More
12 October 2023

Deloitte Luxembourg becomes Corporate Baker on Tezos

Deloitte Luxembourg announces that it will become a Tezos Corporate Baker. As a Corporate Baker, Deloitte Luxembourg will be responsible for validating, securing and adding transactions (blocks) to the Tezos blockchain. This new position allows Deloitte Luxembourg and Tezos to explore synergies in Web3-related topics, alongside other ecosystem stakeholders.

Read More

Subscribe to weekly tezos news

Join The XTZ. News Newsletter To Receive The Latest Tezos
News And Interviews.

Subscribe To Weekly Tezos Token Prices

Join the Tezos Token Price newsletter to receive the latest Tezos token prices on a weekly basis.