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...

Tezos-powered App LYZI To Enable Beaugrenelle Shopping Center With 110 Stores to Accept Crypto Including XTZ And EURL

The Tezos-powered application LYZI will enable the Beaugrenelle Shopping Center in Paris to accept 21 cryptocurrencies including XTZ and EURL.

LYZI & Zebitex

LYZI is a wallet, payment network, and loyalty reward program application that facilitates cryptocurrency transactions. The LYZI application“…will be soon listed and exchangeable and convertible with any other currency ( Lugh, Tezos, Algorand, Euros, Dollars). In other words, you can redeem your loyalty points for cash.”

As stated on the LYZI app website the application will soon be able to be used with both Lugh (EURL) and Tezos (XTZ).

The app enables people to buy and sell cryptocurrencies, use crypto as a payment in stores via integrated POS systems (Global POS), earn loyalty points and receive cashback.

The cashback can then be turned into real cash, or cryptocurrencies such as Tezos.

Zebitex is a French and European regulated exchange that is registered as a PSAN and facilitates trading of over 20 cryptocurrencies.

Soon, XTZ will be added to the exchange and users will also be able to delegate their XTZ directly on the exchange platform.

“LYZI Wallet & ZEBITEX exchange are creating a common token to engage their communities around financial services, payment, loyalty & one inclusive lifestyle APP with blockchain services”.

The LYZI app relies on provider Zebitex, which obtained PSAN registration last year, both for digital asset custody service and digital asset trading platform.

Included as part of the overall ecosystem is the EAZY token which is an FA 2 token powered by the Tezos blockchain and Smart Chain SSII.

The EAZY token will incentivize app usage and be used for rewards.

Global POS are another important part of the setup and provide the: …“Easy2play” solution a global acceptance & payment network of 27,000 points of sale. They will deploy LYZI & $EAZY token in their acceptance network”.

 There are also other big partners such as the Lugh consortium which includes Casino Groupe with 11,000 stores and also the Arthurimmo.com French real estate agency network firm with the implementation of 450 agencies.

The system provides benefits for both merchants and consumers and the FA 2 Tezos-powered EAZY token has a utility within it:

The Beaugrenelle Shopping Center

Now, it has been announced that the Beaugrenelle Shopping Center located in the 15th arrondissement of Paris and features 110 stores will start accepting cryptocurrency from Wednesday.

Users will be able to buy the Beaugrenelle gift card with cryptocurrencies, which can be used in ‘all the shops and restaurants’.

The LYZI wallet will be used for this process.

In a press release Damien Patureaux, CEO of LYZI wallet stated (translated using Google):

“We are convinced that the blockchain must be an essential component of the financial and retail ecosystem. We already have 1,500 connected points of sale in pre-marketing”

User onboarding will start in the store from June 8th in order to familiarize the public with the new payment methods.

In order to keep simplicity with the new technology the users will see amount in euros on the application, the equivalence in cryptocurrency is displayed on the screen and generates a QR code.

This way the partner merchant only has ‘to scan the QR code to validate the transaction and be paid in euros’.

Stéphane Briosne, director of Beaugrenelle Paris stated (translated using Google):

“The acceptance of crypto-currencies for the purchase of our gift card is still proof of this today and we are happy to be the first to be able to offer it”

It is not yet clear whether full LYZI app features will be available at the beginning of this projects life-cycle, or whether Tezos/EURL will be an available currency on launch.

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.

Accepted file types: jpg, jpeg, png, Max. file size: 128 MB.
Banner Image
Accepted file types: jpg, jpeg, png, Max. file size: 128 MB.
Accepted file types: jpg, jpeg, png, Max. file size: 128 MB.
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.

Other News

View More
22 September 2023

CEERTIF: Real-time File Certification via Tezos Blockchain for Construction and Insurance Professionals

CEERTIF, a mobile application for installers, agents, and insurers in France, has introduced a groundbreaking platform that leverages the TEZOS blockchain to secure and geolocate media in real time.

Read More
19 September 2023

La Poste’s NFTimbre Stamp Powered By Tezos Sees Launch Day Sale Success

An initial 100,000 NFT stamps were for sale, at this point over 18,200 have been sold, including 13,050 NFTs sold in less than 4 hours, equating to over €145,000 in sales since launch yesterday.

Read More
17 September 2023

Tezos Teams Integrate MetaMask into the Tezos Ecosystem through a Custom Snap

In a recent integration, teams within the Tezos ecosystem have enabled more than 30 million MetaMask users to connect to the Tezos blockchain. This collaboration expands the utility of MetaMask, one of the most popular digital asset wallets, to encompass the Tezos blockchain.

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.