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.
By: XTZ News
16 May 2022
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.
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.
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.
Tesserart, your gateway to live artwork minting and exclusive events, is excited to unveil its first tool on April 3rd, 2024. Developed to transform the art acquisition, appreciation, and collection process across various platforms, Tesserart utilizes the Tezos blockchain to provide a portal for real-time artwork creation and positions itself as a swiss-knife toolkit for the future.
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.
Blind Gallery, an innovative gallery in the digital art space, proudly announces the upcoming launch of “Academy by Blind Gallery,” launching in February 2024.
This state-of-the-art educational platform is dedicated to fostering expertise in blockchain art, catering to a wide audience that includes artists, curators, gallerists, collectors, art dealers, and academic institutions.
