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...

An Open Letter To Elon Musk

In this opinion piece, Anders Langberg writes an open letter to Elon Musk regarding blockchain environmental concerns.

An Open Letter To Elon Musk

Dear Elon,

As I’m sure you’re already aware, the amount of energy needed to register one Bitcoin transaction is similar to going 6,975 km in a Tesla Model 3, and probably one of the reasons why you had to walk away from accepting Bitcoin in its current form. (123)

But did you also know that registering one Ethereum transaction equals 420 km and a Dogecoin transaction still consumes as much as 1 km? (456)

Let me instead guide you to Tezos, a Proof-of-stake blockchain where you can transact all that you want, since you’d only go the equivalent of 0.0025 km each time. (7)

I’m a firm believer in the society that we have created and in continuing progress. This means we can’t just backtrack our way of living and the creature comforts we’re used to. But just like you’ve shown with Tesla, we must be willing to think in new ways to stop climate change.

We can’t stop transporting ourselves, our foods and our goods. But we can do it more efficiently and exchange fossil fuels for carbon-neutral electricity.

This in turn forces us to think about how we use our electricity, so that the capacity we have is available for cars and other uses that we can’t cut away.

Your inbox must be full of messages from hopeful crypto enthusiasts right now, thinking that their PoS Bitcoin killer must be the logical next step for Tesla. As you usually do, I want you to think about an entire platform and ecosystem instead of a drop-in replacement.

The crypto scene has moved immensely since Bitcoin showed us how we can have a truly borderless, trustless, decentralized financial backbone. Since then we’ve had smart contracts, proof-of-stake and zero-knowledge proofs for on-chain privacy.

In addition, we’ve also gotten on-chain governance, making it possible to keep the same pace of innovation as you’re used to at Tesla and SpaceX.

As of now, there is only one blockchain platform that incorporates all of these innovations in a truly decentralized ecosystem, and that is Tezos.

Please join both the underground innovators who have created platforms like Hic Et Nunc and corporate bakers like Ubisoft in exploring what you can build on Tezos.


Anders Langberg,

M. Sc. Vehicle Engineering and Crypto Enthusiast


  1. Model 3 achieves record low energy consumption in driving efficiency test
  2. Cambridge Bitcoin Electricity Consumption Index
  3. Bitcoin Energy Consumption Index
  4. Ethereum Energy Consumption Index
  5. Energy Consumption of Cryptocurrencies Beyond Bitcoin
  6. Popular cryptocurrencies: Which is the most environmentally friendly?
  7. Proof of Work vs. Proof of Stake: the Ecological Footprint

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

Oxford 2 Upgrade for the Tezos Blockchain: Private Smart Rollups, Easier Baking, new Timelocks 

Tezos, a leading blockchain platform renowned for its self-amending capabilities and community-driven governance, has successfully activated Oxford 2, its fifteenth core protocol upgrade. The Oxford 2 upgrade includes enhancements to Smart Rollups and chain security and ensures Tezos remains at the forefront of blockchain innovation.

Read More

Tezos Blockchain Enhances SaaS: Transforming Company Register Management with Izikap

Nomadic Labs recently spotlighted the launch of Izikap, a novel SaaS platform developed by the Xelians group. This platform, operating on the Tezos blockchain, represents a significant advancement in the digitalization and management of company registers. The introduction of Izikap marks a paradigm shift from traditional paper-based systems to a more efficient, digital, blockchain-powered approach.

Read More

Etherlink: The Enshrined Layer 2 EVM Smart Rollup Is Set for Mainnet Launch in March 2024

Etherlink, the Tezos blockchain’s latest Layer 2 solution, is set to redefine the landscape of decentralized applications (DApps) with its upcoming mainnet launch in March 2024. This EVM-compatible, optimistic rollup distinguishes itself from other external Layer 2 platforms like Arbitrum, Optimism, and Polygon, due to its unique enshrinement within the Tezos blockchain.

Read More