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Digital Mango Joins Tezos Ecosystem As A Corporate Baker

Today, Digital Mango, a consultancy firm that helps democratize investment in photovoltaics, has formally announced that it has expanded its involvement within the Tezos ecosystem by becoming a corporate baker.

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Digital Mango Becomes A Corporate Baker

Today, Digital Mango, a consultancy firm that helps democratize investment in photovoltaics, has formally announced that it has expanded its involvement within the Tezos ecosystem by becoming a corporate baker.

By officially becoming a baker, Digital Mango will now validate transactions (blocks) and add them to the Tezos blockchain.

As a baker, Digital Mango will have different roles to play in Tezos governance: in addition to validating the transactions, it will be at the core of the protocol’s evolution by having voting rights proportional to the sum of the tez (Tezos tokens) it stakes and those which are delegated to it. 

Digital Mango will be responsible for the design and planning of commercial and/or community scale photovoltaic projects to make sure that they get all the way to completion and beyond, while relying on a unique crowdfunding model using blockchain technology to finance them. 

Jim Dowling, Digital Mango representative, added:

“Becoming a corporate baker on Tezos came naturally, it is the only fully operational smart contract enabled blockchain which is coherent with our objectives and values. In addition to this we were drawn to Tezos because of its forkless nature which makes it perfect for issuing security tokens.” 

Tezos is an open-source platform that addresses key barriers facing blockchain adoption for assets and applications backed by a global community of validators, researchers, and builders.

Digital Mango launched delegations services around Tezos and seeks to become a pro-active participant of the Tezos ecosystem.

Last month, Digital Mango baked its first block on the Tezos blockchain. To celebrate, they commissioned digital artist Kevin Ufarte to create a digital collectible or non-fungible token (NFT).

He has minted 31 copies of an image, on the Kalamint platform, which encapsulates the essential elements of what it means to be a digital mango. 

The next five delegates to the Digital Mango baker, who also sign up to the company newsletter, will win a copy of this exclusive artwork.

Thibaut Chessé, Adoption Manager in France at Nomadic Labs, commented

We are particularly delighted to welcome Digital Mango as a corporate baker to the Tezos ecosystem; Diversifying our corporate baker network with non crypto-native participants is an essential step for Tezos to bridge with the real economy.” 

Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

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.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

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