Tezos — Crypto News

Tezos Review

Shortly after the finish of the Tezos ICO, developers’ team faced several valuable issues, which affected the entire project’s reputation and led to the strengthening opinion, that Tezos need various improvements and changes to fit the promised goals.

Management issues

The first talks about the conflict between the founders of Tezos — Arthur and Kathleen Breitman — and the head of Tezos Foundation — Johann Gevers — appeared after a few months after ICO finished — as Reuters reports, a squabble between Tezos’ twin founders and head of the custodial Tezos Foundation has put the cat among the pigeons.

Tezos launch date is moved

As of the initial documents, it was planned to launch the testnet of the Tezos in a couple of months after the successful ICO finish. However, management problems and conflicts between DLS (Dynamic Ledger Solutions, Tezos-founding company) and Tezos Foundation (company, holding all funds, collected during ICO). The launch of the testnet was delayed several times under colour of internal organizational changes.

Community claims

On June 10, Tezos Foundation unexpectedly announced the implementation of Know Your Customer/Anti-Money Laundering (KYC/AML) checks for contributors, essentially asking the participants of the ICO — which happened almost a year ago — to authorize themselves. The move was met with negative reaction from the community, while it could be argued that Tezos is preparing to work with the regulators. However, the community called this action “changing deal conditions after its consummation”.

Tezos ICO

Tezos ICO was held on July, 1–14, 2017.

  • Ticker: XTZ;
  • Tezos ICO Token Price: 1 XTZ = 0.47 USD (0.00020000 BTC);
  • Accepted currency: ETH;
  • Role of Token: Utility;
  • Received at ICO: $228,200,000;

How to buy Tezos (XTZ)?

There is no difficulties to buy Tezos coins. You can do it through cryptocurrency exchanges — UEX, HitBTC, Kraken, Gate.io, Coinone, Bitfinex, Gatecoin and others. Buy Tezos (XTZ) for Bitcoin, Ethereum, Tether or fiat currency (USD, EUR, KRW, CAD).

Tezos News

Tezos news are available on different cryptocurrency news resources (e.g. Cointelegraph Tezos News). If you want to get the news by Tezos team, just start following Tezos Twitter account where the team publishes latest news and releases.

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