Biannual Update Tezos Foundation - march 2022

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Biannual Update Tezos Foundation - march 2022
Tezos
  Foundation
//Biannual
  Update

               Quasimondo

               Rose Jackson

  march 2022
                              1
Biannual Update Tezos Foundation - march 2022
MAIKEUL        OBJKT#342187

}
“There is a reason why the NFT boom is
synonymous with the exponential adoption
of Tezos. From rising artists to house-
hold-name brands, anyone who is looking
to put their own creation, value, and
reputation on the line requires a block-
chain that delivers sustainability over
empty promises, reassurance over flashi-
ness, and longevity over expediency.”
}

          Mike Shinoda    OBJKT#3895
Biannual Update Tezos Foundation - march 2022
// Preface

                                Tezzardz                                OBJKT#2338

>>>   Dear Tezos Community

      Since the last Biannual Update in September         I   tructure-related grants to providing support to
      2021, Tezos has witnessed an increase in adop-      |   applications and end-user tooling, further
      tion driven by the collective efforts of builders   }   accelerating the momentum experienced.
      around the world creating new and engaging          |
      applications and tools, such as Objkt.com, Teia,    |   Meanwhile, the Foundation has also kept a strong
      fx(hash), Tezotopia, Smartlink, youves, InterPop,   |   focus on core protocol improvements and up-
      Dogami and OneOf, as well as adoption from          |   dates, as exemplified in the support provided for
      high-profile brands, such as Manchester United,     }   the two network upgrades, Granada and Hang-
      Ubisoft, McLaren Racing, Red Bull Racing,           |   zhou, completed in the last six months. The initial
      Team Vitality, Misfits Gaming, FloSports, The       |   rejection of Ithaca, the ninth protocol upgrade
      Gap, Pantone, and so many more. Furthermore,        |   proposal demonstrated the sovereignty and rea-
      empowered by a grass-roots community-driven         }   lity of on-chain governance. We commend all the
      movement, Tezos has been propelled forward as       {   ecosystem teams whose hard work and diligence
      the de facto art-driven NFT blockchain, further     |   enabled the further growth and evolution of the
      exemplified with Tezos taking the center stage      }   Tezos blockchain and ecosystem.
      at Art Basel Miami Beach 2021 and its recent        |
      presence at SXSW 2022. This momentum in the         |   Thanks to this constant technological evolution
      arts and culture category is expected to conti-     }   and robust community participation, Tezos’
      nue growing with enhanced presence at other         {   longevity is assured, and meanwhile, with a pass-
      global events, which will allow the art world to    |   ionate community of builders and high-profile
      embrace Tezos even more. In parallel, keystone      }   brands selecting Tezos for their initiatives, we an-
      Tezos NFT marketplaces continue to onboard ta-      {   ticipate further increased consumer awareness of
      lented artists and passionate collectors through    |   the Tezos brand on a global scale. We’re thankful
      their user-centric experiences and functionality.   }   to be part of a truly unique community, and want
                                                          |   to thank all active participants that contributed
      Although this mainstream adoption is impres-        |   to the growth of the platform over the past six
      sive, we celebrate all builders that make Tezos     }   months. In 2022, we want to strengthen our focus
      their home and who collectively have contribu-      {   on supporting even more projects in the DeFi,
      ted to a spectacular increase in on-chain acti-     |   gaming, and NFT spaces around the world. The
      vity, driving a 4,034% growth in smart contract     |   future of Tezos is in the hands of its community;
      calls between January 2021 and January 2022.        }   both individual contributors and teams dedica-
      In this Biannual Update, we aim to highlight the    |   ting themselves to driving greater adoption and
      major theme of NFTs that has emerged across         |   awareness for the Tezos blockchain.
      the ecosystem in the last six months, in combi-     |
      nation with the Foundation’s shift from infras-     |   The Tezos Foundation Council

                                                                                                                     3
Biannual Update Tezos Foundation - march 2022
// Table
   of Contents

  Preface                Research, Education,          Financials
  3                      & Core Development            56

                         Grants
  Mission of the         16
  Tezos Foundation
  5                      Ecosystem – Tools
                         & Application Grants
  The Past Six Months    22
  with Tezos                                           Governance
  7–9                    Community Grants              60
                         43
  Facts & Figures                                      Council &
  10                     Industry                      Committees
                         Adoption                      of the Tezos
   ============          49                            Foundation
                                                       61
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                         Industry Adoption –
  /////////////
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  Grants                 A Map of the                                   .::.
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                                                             . .;‘.     .,,. .;;. .
  11                     Tezos Ecosystem                   .,. .;.
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                         54–55
  Priorities & Process                                 Foundation Council
                                 ________
  12                         ,o88~~88888888o,          62
                           ,~~?8P 88888       8,
                          d d88 d88 d8_88        b
                         d d888888888              b
  Grantees & Other       8,?88888888 d8.b o.       8   Foundation Committees
                         8~88888888~ ~^8888\ db 8
  Funded Entities        ? 888888           ,888P      64
                          ? `8888b,_       d888P
  15                       `   8888888b   ,888‘
                             ~-?8888888 _.P-~
                                  ~~~~~~
                                                       Acknowledgements
                                                       67

                                                                                           4
Biannual Update Tezos Foundation - march 2022
// Mission of the
   Tezos Foundation

                            Quasimondo

  The Tezos Foundation is a Swiss foundation           The Tezos Foundation fulfills its mission by de-
  supervised by the Swiss Federal Foundation           ploying resources that support the long-term
  Supervisory Authority. The Foundation’s purpose      future of the Tezos project. To do so, the Founda-
  is to support the promotion and development          tion deploys grants, investments, and partner-
  of the Tezos protocol and related technologies       ships as a strategic way to support community
  around the world through grants, investments,        members, such as educational and research in-
  and sponsorships. This also includes new technol-    stitutions, developers, and activists from all over
  ogies and applications, especially in the fields     the world.
  of the latest open and decentralized software
  architectures.                                       Tezos’ potential rests in the hands of its com-
                                                       munity, which is among the strongest and most
  As highlighted in the Tezos position paper, the      exceptional in the blockchain ecosystem, which
  success of any decentralized network is deter-       can be illustrated by the ever-growing number
  mined by the efforts of a robust, diverse, and       of smart contract calls on the blockchain. We
  flourishing community. The Tezos Foundation          welcome and encourage all interested parties to
  exists as part of this ecosystem, alongside deve-    join the Tezos community and contribute to the
  lopers, scientists, network validators (“bakers”),   Tezos project.
  enthusiasts, e-sports and gaming companies,
  digital art creators, and many others, all working
  toward the success of an ecosystem that we be-
  lieve will ultimately drive innovation on a global
  scale.

                                                                                                             5
Biannual Update Tezos Foundation - march 2022
// Music NFT Project
   OneOf
  OneOf is known as the environmentally
  friendly “Green” Web3 company, deeply
  committed to a sustainable blockchain
  future. Minting an NFT on OneOf using
  the Tezos blockchain uses over two
  million times less energy than the
  competition – about the same amount of
  energy as sending a tweet. OneOf do-
  nates 5% of its platform revenue from
  every sale to either the Right Here,
  Right Now - Global Climate Alliance,
  their environmental cause partner and
  an official partner of United Nations
  Human Rights, or a charity of the
  artist’s choice. OneOf makes NFT adop-
  tion seamless for the next 100 million      Diana Sinclair x Whitney Houston: Whitney The Model
  noncrypto-native fans by enabling NFT
  purchases via credit and debit cards as
  well as major cryptocurrencies.

  Ben Ditto x Pia Mia: Earth Bounce

  Doja Cat x The Rise of Planet Doja: Water   Rough Draft Studios x Alesso: ROUGH DRAFT III
                                                                                                     6
Biannual Update Tezos Foundation - march 2022
// The Past Six Months
   with Tezos

  Selection from the multitude of events from the Tezos ecosystem

                                                                       Main           % MOM
  Month                                                        contract calls          growth

  August                                                     3,272,557                 22%
  September                                                  5,813,966                 78%
  October                                                    4,720,205               –19%
  November                                                   5,169,917                 10%
  December                                                   5,580,350                  8%
  January 22                                                 6,217,364                 11%

  YOY growth:   Source: better-call.dev/stats/mainnet/general ↗
                January 2021 (150,387) to January 2022 (6,217,364): 4,034%

  Highlights:   Over six million contract calls per month reached in January 2022
                391 public bakers on January 31, 2022

                                                  I ––––––—____…………_––– August 2021
                                                  |
                                                  }      August 5, 2021
                                                  |      The NY Mets invite people to
                                                  |
                                                         “Build, Play, and Collect” on Tezos
                                                  |
                                                         at the Citi Field located in Flushing
                                                  |
                                                  }
                                                         Meadows–Corona Park in New
                                                  |      York City.
                                                  |
                                                  |      August 6, 2021
                                          }               Granada, Tezos’ seventh upgrade
                                          {               of the Tezos blockchain goes live.
                                          |
                                          }               August 10, 2021
                                          |               TZ APAC, Tezos India, and
  September 2021 ––…––-——_–—____—–­­­­–———|               Chainstack collaborate to launch
                                          }               the TezAsia hackathon.
                                          {
  September 2, 2021                       |
                                                          August 11, 2021
  Global digital bank EQIBank selects     }
  Tezos blockchain for decentralized      {
                                                          Tez staking is added by BTCS
  finance (DeFi) offerings.               |               to its blockchain Infrastructure.      7
                                          }
                                          |
Biannual Update Tezos Foundation - march 2022
I
                                         |
                                         }      August 23, 2021
September 30, 2021                       |
Contract calls on Tezos reach                   Leading European banks choose
                                         |
5,813,966 calls made in a month.                Tezos technology to enable smart
                                         |
                                         |
                                                contracts
                                         }
                                         |
                                         | ––––––—____…………_––– October 2021
                                         |
                                         }      October 5, 2021
                                         {
                                                Arab Bank chooses Tezos
                                         |
                                                blockchain to offer storage,
                                         }
                                         |
                                                staking, and trading of tez.
                                         |
                                         }      October 7, 2021
November 2021 –…—–-……_––_————………_–—— {          TriliTech launches a Tezos
                                         |      development hub in London.
November 3, 2021                         }
Red Bull Racing launches its digital     {      October 12, 2021
collectibles (NFTs) built on Tezos.      |      Launch of NeuillyVote, the first
                                         }      voting application built on Tezos.
November 10, 2021                        |
Cambridge University announces           |      October 20, 2021
future decentralized carbon credit       }
                                                McLaren Racing launches its
                                         {
marketplace built on Tezos to support           digital collectibles built on Tezos.
                                         |
reforestation efforts worldwide.
                                         |
                                         }
November 16, 2021                        | ––––––—____…………_–––
Experimental test network Tenderbake                               December 2021
                                         |
goes live on the Tezos blockchain.       |
                                         |      December 2, 2021
Web3 decentralization example; NFT       }      NFTs built on Tezos are showcased
marketplace hicetnunc brought back       |      at Art Basel Miami Beach 2021
to life by the community hours after the |      as part of the Human + Machine
site was shut down.                      |      experiential exhibition.
                                         }
November 18, 2021                        {      December 4, 2021
                                         |      Hangzhou, Tezos’ eighth upgrade
Gitcoin launches Game On! Global
                                         }      of the Tezos blockchain goes live.
hackathon.
                                         |
                                         |
November 20, 2021                               December 7, 2021
                                         |
Tezos India and Plenty collaborate to           Ubisoft announces Ubisoft Quartz
                                         |
launch Plenty Global Hackathon.          }
                                                and in-game NFTs built on Tezos.
                                         {
November 22, 2021                        |      The Tezos blockchain is
Launch of fx(hash) – Art Is Evolving,    |      announced as excelling as an
a Tezos-based NFT platform for           }      energy-efficient blockchain by
generative art.                          |      PwC.
                                         |
November 29, 2021                        }      December 8, 2021
                                         {      The Unsplash x Tezos international
Tezos Africa launches the Tezos
                                         |      contest is launched.
Afrikathon hackathon.
                                         |
                                         }
                                         |                                             8
                                         {
                                         |
Biannual Update Tezos Foundation - march 2022
I
                                         |
                                         }
January 2022 –…—–-……_––_————………_——… |
                                         |   December 9, 2021
January 3, 2022                          |   Pantone announces the color of
Tezos Ukraine announces the biggest      |   the year and the upcoming drop
blockchain hackathon in Eastern Europe. }    of NFTs built on Tezos.
                                         |
January 6, 2022                          |
                                             December 20, 2021
Leading e-sports organization Team       |
                                             LucidPay announces the launch of
Vitality announces Tezos as main         }
                                         {
                                             a Tezos-based stablecoin for the
technical partner.                           hospitality industry.
                                         |
                                         }
A new token built on Tezos to support        December 16, 2021
                                         |
the funding of French cinema is          |   NFT platform Rarible integrates
announced to be launched by La           }   the Tezos blockchain.
Diversité du Cinéma Français (DCF).      {
                                         |
January 12, 2022                         }
Gap announces a hybrid digital           {
experience with NFTs built on Tezos.     |
                                         }
January 15, 2022                         |
Tezos is the first public blockchain to  |
present a specially curated Asian-       }
                                         {
centric NFT showcase titled “NFTs: The
                                         |
New North Star” within S.E.A. Focus as
                                         |
part of Singapore Art Week.              }
                                         |
January 18, 2022                         |
Resubmission of the Ithaca proposal.     |
                                         |
January 22, 2022                         }
NFTs and digital art projects based on   |
Tezos are prominently showcased at the |
NFT Day in Paris.                        |
                                         }
January 31, 2022                         {
                                         |
OneOf announces partnership with
                                         }
Warner Music.
                                         |
                                         |
Contract calls on Tezos reach an all-    }
time high with 6,217,364 calls made in a {
month.                                   |
                                         }
                                         {
                                         |
                                         }
                                         |
                                         |
                                         }
                                         {
                                         |

                     homies.tez                 OBJKT#342399
                                                                                9
Biannual Update Tezos Foundation - march 2022
// Facts
   & Figures
  Some Tezos Foundation key numbers since September 2021.

                            =========
    #67                       ======2–3====
                             ===========
   # new grantees               = grants signed per week =

     // 243.3
            USD                   million
                                                             {33}
          // maximum approved funds            { countries where grantees are based }

                                        # 1,163
                                              USD                  million

                                        # in assets (as of January 31, 2022)
        < countries where
     new grantees are based >

                                                               =
     //43.23%                                                  167
          // acceptance rate with                       = granted projects overall =
        over 180 proposals received

                                                                                        10
MAIKEUL   OBJKT#296396

    Ottez      OBJKT#1042

//Grants
                             11
// Grants –
   Priorities & Process

  The Tezos Foundation focuses on deploying resources that will
  help to ensure the long-term success of the Tezos ecosystem.
  Among other forms, these can be grants that fall under three
  grant categories:

            ;–––––—————__________—————————————————_————————————————————————;
            l                                                                  l
            l   Research, Education & Core Development                         l
            l   Grants                                                         l
            l   Foster innovation, development, and education about Tezos.     l
            l   These grants include a range of projects, from online training l
            l   courses to core protocol development.                          l
            l                                                                  l
            ‘–––––––——————–—_____———————————______________——————————__—————‘
            ;––––––––––––––––––––––—__————_—————————___——__—_—_————————————;
            l                                                                            l
            l   Ecosystem – Tools & Application Grants                                   l
            l   Contribute to lowering the barriers to entry to make Tezos as accessible l
            l   as possible for developers and end users of subsequent applications.     l
            ‘––––––——————--_______—__––––––––––––––––––––––––––––––––––––––‘

            ;-_______————————————————————————_————————————————————__———————;
            l                                                                       l
            l   Community Grants                                                    l
            l   Support other entities and initiatives that strengthen and grow the l
            l   Tezos community, to which the Tezos Foundation belongs.             l
            ‘_____________________________———————__________________________‘

  Over the years, several areas of interest have been identified as being the most beneficial to the Tezos
  ecosystem at this point. These areas will change over time as the ecosystem evolves and expands.
  For this edition of the Biannual Update, the overarching three categories mentioned above remain
  the same.

  The grant platform allows the ongoing submission of proposals in our areas of interest and also those
  that are not listed as a priority but may advance the Tezos ecosystem.

                                                                                                             12
Our Grant Evaluation Process

The evaluation of grant proposals involves three phases, which are detailed be-
low:

;-_______————————————————————————_————————————————————__———————;
l                                                                               l
l         1. Proposal/Grant Proposal Submission                                 l
l The grant process starts with a grant proposal submission. The grant          l
l proposal should include central information on the proposed project and       l
l                                                                               l
   how the team intends to succeed. This information can include, for exam-
l                                                                               l
   ple, functional and technical details of the proposed solution, its purpose,
l                                                                               l
l a road map, an introduction of the project team, evidence of familiarity      l
l with the Tezos ecosystem, anticipated value added to the Tezos eco-           l
l system, and measures to assure the longevity of the solution beyond the       l
l grant duration. After proposal submission, the proposal is vetted by the      l
l Tezos Foundation. The outcome of this step can be a forward for in-depth l
l review, a revise and resubmit, or a decline.                                  l
l Duration: one week                                                            l
‘_____________________________———————__________________________‘

;–––––—___----————————————–––––___________________________--–--;
l                                                                          l
l           2. Award/Review and Final Decision                             l
l If forwarded for in-depth review, the grant proposal is reviewed by eco- l
l system experts supervised by the Technical Advisory Committee (TAC).     l
l                                                                          l
   The TAC completes an in-depth due diligence process and develops
l                                                                          l
   recommendations on a proposal’s fit and usefulness to the Tezos eco-
l                                                                          l
l system. The TAC’s recommendations are then reviewed by the Executive     l
l Committee (EC) or the Tezos Foundation Council (FC), which then makes    l
l the final decision. Final decisions about grant proposals, which can be  l
l an accept, decline, or a revise and resubmit, are then communicated to   l
l grant proposers.                                                         l
l Duration: three weeks                                                    l
l                                                                          l
‘_–————————–——––___–--____————___________________—_____—_—_____‘
;_------––––————————___–——————–––––––—__–––––––––––––––––——––––;
l                                                                              l
l
      3. Post-Award/Grant Agreement and Follow-Up                              l
l Approved applicants work on the legal paperwork to finalize a grant with     l
l the Tezos Foundation. The grant agreement for the project and the corre- l
l sponding payments are usually structured along milestones. Once a mile- l
l stone is completed, the grantee submits a report, which is reviewed and,     l
l if approved, the payment for the milestone is issued. After the project is   l
l                                                                              l
   finished, the Tezos Foundation conducts regular check-ins to determine
l                                                                              l
   the prosperity of the project. At this stage, the Tezos Foundation explores
l                                                                              l
l further collaboration opportunities with grantees and may offer to con-      l
l nect parties in the Tezos ecosystem with similar synergies.                  l
l Duration: four weeks – open-ended                                            l
‘––––––––———_--_______________-----____________________________‘

                                                                                    13
// Art NFT Project
   Art Basel Miami Beach
  Human + Machine: NFTS AND THE EVER-EVOLVING WORLD OF ART.
  Presented at Art Basel Miami Beach, this exhibition,
  which was built on the Tezos blockchain, explores the
  ever-changing collaboration between art, technology,
  and culture. Through an interactive NFT experience with
  artist Mario Klingemann (Quasimondo) and a thought-pro-
  voking speaker series, audiences were invited to examine
  larger questions about creating art in our digitally
  native world. On this new digital frontier, when a
  machine is the maker, who plays the role of the artist?
  And what can we make together?

  Tezos – HUMAN+MACHINE                                       Tezos – HUMAN+MACHINE

                                      Tezos – HUMAN+MACHINE

  Tezos – HUMAN+MACHINE

                                                                                      14
// Grantees & Other
   Funded Entities

       Since the last Biannual Update (September 2021), the Tezos
       Foundation has approved funds to 67 new projects across
       24 countries for a total amount of USD 243.3 million.

       Some projects that previously received grants and are still
       active are not listed in this Biannual Update. Please see the
       Tezos Foundation’s previous Biannual Updates for information on
       earlier grants. Additionally, a few agreements are not listed
       based on mutual nondisclosure agreements.

                   55        million (22%)

                —………——–––………__———————————_
                                                              .dOOkxdol:,..
                                                              '0MMMMMMMMWNKkdc'.
                                                              '0MMMMMMMMMMMMMMN0xc'
                                                              '0MMMMMMMMMMMMMMMMMWXOl.
                   Community                                  '0MMMMMMMMMMMMMMMMMMMMMXx;.
                                                              '0MMMMMMMMMMMMMMMMMMMMMMMNO:.
                   Grants                                     '0MMMMMMMMMMMMMMMMMMMMMMMMMWO;
                                                              '0MMMMMMMMMMMMMMMMMMMMMMMMMMMNd.
                                                              '0MMMMMMMMMMMMMMMMMMMMMMMMMMMMW0;
                                                              '0MMMMMMMMMMMMMMMMMMMMMMMMMMMMMMXl.
                                                              '0MMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMNl.
                                                               ,:cldOXWMMMMMMMMMMMMMMMMMMMMMMMMMNl
                                                                     .;o0WMMMMMMMMMMMMMMMMMMMMMMMK:

9.3
                                                                        .:OWMMMMMMMMMMMMMMMMMMMMMMO.

              million (4%)                                                 .lXMMMMMMMMMMMMMMMMMMMMMNl
                                                                             :KMMMMMMMMMMMMMMMMMMMMMk.
                                                                              lNMMMMMMMMMMMMMMMMMMMMK;
                                                                              .OMMMMMMMMMMMMMMMMMMMMNc
—–——…………–––––———……—–___——_
                                                  243.3
                                                                               .dMMMMMMMMMMMMMMMMMMMMWl
                                            ..
                                                 USD                 million   .xMMMMMMMMMMMMMMMMMMMMWl
Research, Education,          ...',;:clodxkO0O;                                'OMMMMMMMMMMMMMMMMMMMMNc
                     .:odxkO0KXNWWMMMMMMMMMWk.                                 oNMMMMMMMMMMMMMMMMMMMMK,
& Core Development   .OMMMMMMMMMMMMMMMMMMMMMWd.                               lXMMMMMMMMMMMMMMMMMMMMMk.
Grants                lNMMMMMMMMMMMMMMMMMMMMMWO,
                      .OMMMMMMMMMMMMMMMMMMMMMMMXd,
                                                                            .dNMMMMMMMMMMMMMMMMMMMMMNc
                                                                          .lKWMMMMMMMMMMMMMMMMMMMMMWk.
                       :XMMMMMMMMMMMMMMMMMMMMMMMMNOl,.               .'cxXWMMMMMMMMMMMMMMMMMMMMMMMK,

                                                                               179
                        lNMMMMMMMMMMMMMMMMMMMMMMMMMMWKOxolllllodkKNMMMMMMMMMMMMMMMMMMMMMMMMMMX:
                        .oNMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMXc
                         .lXMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMK:
                                                                                              million (74%)
                           :0WMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMWO,
                            'xNMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMXl.
                                                                       —–——…………––––———…–––———……—––––———……__—
                              ;OWMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMNx'
                                                                               Ecosystem – Tools &
                               .:ONMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMXx,
                                  .;xXWMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMW0o'
                                                                               Application Grants
                                      .ckXWMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMWKd;.
                                         .:d0XWMMMMMMMMMMMMMMMMMMMMMMMMMMMMMWXko;.
                                            ..;lxOKNWMMMMMMMMMMMMMMMMMWXKkdc,.
                                                  .',:cloddxxxxxddolc:,..

                                                                                                               15
// Research, Education, &
   Core Development Grants

  Through its grant program and other investments, the Tezos
  Foundation supports research and education across a wide
  spectrum of domains pertaining to computer science, such as
  distributed systems, cryptography, programming languages, and
  formal verification within the Tezos ecosystem. A significant
  amount of resources are allocated toward supporting scientists
  and engineers at top-tier institutions and organizations around
  the world, as well as educational programs to train future ta-
  lent. These initiatives, and others that contribute to core pro-
  tocol development, are a top priority for the Tezos Foundation.

     Grantees and Other Funded Entities:

     Core Development                                          >   Dacade (Unit U+2467 GmbH), Germany
     > Bolt Labs Inc., USA                                     >   Figment Networks Inc., Canada
     > DaiLambda Inc., Japan                                   >   Kestrel Institute, USA
     > Marigold (Accélérateur de Blockchain                    >   Indian Institute of Technology Hyderabad, India
       SAS), France                                            >   Inference AG, Switzerland
     > Nomadic Labs SAS, France                                >   Nagoya University, Japan
     > Oxhead X LLC, USA                                       >   OCaml Labs Consultancy Ltd., UK
     > Tarides SAS, France                                     >   OCTO Technology, France
     > TriliTech Ltd., UK                                      >   PyratzLabs SAS, France
                                                               >   Segfault Systems Private Ltd., India
     Research & Education                                      >   Turing College, Lithuania
     > B9lab Ltd., UK                                          >   University of Basel, Switzerland
     > Computer Software Group, Graduate                       >   University of Cambridge, UK
       School of Informatics, Kyoto University,                >   University of Siena, Italy
       Japan                                                   >   Viable Systems S.R.O., Slovakia

     –––––—___----————————————–––––___________________________--–-––———____–

     Total: USD
                                        9.3 million
     Monthly maximum approved amount per organization and category:

     >   Over USD 500K     >   Up to USD 200K
     >   Up to USD 500K    >   Up to USD 50K

                                                                                                                     16
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smart contracts on Tezos. Nomadic Labs created        Research and Education
and developed Umami, which is a Tezos desktop
wallet that combines best-in-class features to de-    Research and education grants are
liver a smooth user experience for both beginner      dedicated to supporting the long-term
and advanced users. Nomadic Labs’ teams work          success of Tezos and the training of
together with the global Tezos developer com-         new developers. Research and develop-
munity to support development initiatives and         ment teams are not the only ones sup-
streamline workflows across various teams and         ported with these grants. They are also
contributors to the Tezos project. Nomadic Labs       dedicated to those that are active-
collaborates with global research institutions and    ly working on reducing the barrier of
universities on the development of the protocol       entry for new teams that are joining
and conducts research into formal verification of     the Tezos ecosystem through educational
smart contracts, consensus algorithms, and zero-      materials.
knowledge cryptography.
                                                      B9lab is a UK-based company specialized in
Oxhead Alpha (Oxhead X LLC) is an American            technology adoption, enterprise learning, and
full-stack developer team dedicated to main-          consulting solutions focused on the blockchain
taining network primitives, protocol R & D, and       and decentralized application space. The team
supporting companies building on Tezos. In order      received funding to develop an educational
to provide continuity for the ongoing efforts to      experience for developers who want to learn
advance awareness and adoption of the Tezos           how to develop Tezos applications leveraging
technology, the team will assume responsibility       the ecosystem stack. They are building a freely
for the maintenance and development of several        accessible training course and a developer-
projects relating to infrastructure and protocol      centric continuous security offering (CSO) use
research and development. Among other things,         case as part of their efforts.
the Oxhead Alpha team collaborated with other
teams on the Ithaca protocol upgrade proposal.        Computer Software Group, Graduate School of
                                                      Informatics, Kyoto University, works on devising a
Tarides is a Paris-based team that builds func-       static verification method for transactions,
tional systems focused on offline-first architec-     namely, sequences of operations, which may
ture, working to address security and latency         involve multiple participants, and developing
issues common with cloud computing. The team          an inter-contract verification tool for Michelson
creates decentralized Internet of Things (IoT) ap-    based on the existing verifier Helmholtz. This
plications, distributed systems, and efficient uni-   research adds to the core development of the
kernel infrastructure. In collaboration with their    Tezos blockchain.
partners in the OCaml and MirageOS community,
Tarides also further develops innovative OCaml-       Dacade is a project by Unit U+2467, a multidisci-
based, open-source software. For instance, they       plinary network of strategists, developers, and
are the primary developers of Irmin. This system      designers. They were founded in Berlin in 2010
stores the Tezos blockchain ledger in the Octez       and are now distributed in four countries working
node implementation. Tarides also maintains           on the project. It is a peer-to-peer learning net-
the OCaml developer tools used by the Octez           work where quality educational interactions are
developers and ensures long-term support of           rewarded with tokens. Dacade will become a
MirageOS libraries used by the Tezos developer        market for knowledge within the Tezos ecosystem
community.                                            and educational interactions.

TriliTech is a Tezos blockchain R & D and entre-      Figment Networks is a Canadian company wor-
preneur hub based in London that mainly focuses       king on Web3 solutions. Their team aims to help
on core development of the Tezos protocol as          make Tezos application development a more
well as supporting industry global adoption of the    seamless experience for software engineers. One
Tezos technology. Their goal is to further develop    of their initiatives is Figment Learn, a learning
and catalyze unique opportunities for the Tezos       platform where they integrated Tezos blockchain
ecosystem, both on- and off-chain. The ambition       as a pathway for the community to learn about
of TriliTech is to be a centre of excellence in the   Tezos and how to use different tools that were
Tezos ecosystem.                                      built by the ecosystem.                              18
Kestrel Institute, based in the US, is a non-         OCTO Technology, part of Accenture, is a French
profit research center for computer science. Their    consulting and IT implementation firm. The OCTO
team is formally verifying the functional correct-    team previously built Tezos Link and improved
ness of the R1CS implementation of Jubjub elliptic    Tezos Academy, a freely available online platform
curve operations described in the Zcash Protocol      that teaches LIGO smart contract development
Specification. Their work will be used for Tezos’     in an entertaining and user-friendly manner.
core development in collaboration with Nomadic        Furthermore, OCTO developed Tezos Land, an
Labs.                                                 open-source boilerplate for a digital collectibles
                                                      marketplace on Tezos. Recently, they also pub-
The Indian Institute of Technology Hyder-             lished OpenTezos, a clear and exhaustive training
abad is working on developing an efficient            covering developer resources to foster adoption
framework for parallel execution of smart con-        of the Tezos blockchain.
tract transactions in the Tezos blockchain by
exploiting multicore resources. This will lead to     PyratzLabs is a 450-square-meter, Paris-ba-
improved transactions throughout the Tezos            sed start-up studio dedicated to Web3 with the
blockchain.                                           secret ambition of industrializing the launch of
                                                      ventures in the Tezos ecosystem. Responsible for
Inference is a Zurich-based company (Switzer-         Smartlink & Dogami, the studio plans to launch
land) that focuses on offering security assess-       eight new companies in 2022. As huge believers in
ments for the decentralized world, with a partic-     education, PyraTzLabs also developed PyMich, a
ular focus on the Tezos ecosystem. The team           Python-to-Michelson compiler to allow for easier
covers a multitude of systems, such as smart con-     developer onboarding.
tracts, web applications, cryptographic protocols,
and embedded systems.                                 Segfault Systems Private is a deep tech start-
                                                      up founded in Chennai, India. Segfault Systems
Nagoya University is one of the most elite            solves complex problems in scalable systems
higher education institutions in Japan. Jacques       using type-safe programming language abstrac-
Garrigue, a professor at the Graduate School of       tions. They lead the development of the Multicore
Mathematics, is working on the Certifiable            OCaml programming language and its associated
OCaml Type Inference (COCTI) project to               developer tools. With this grant, Segfault Systems
make OCaml type inference more robust, modu-          supports the ecosystem by building Multicore
lar, and verifiable by modularizing the OCaml type    functionality for Tezos.
checker using constraint-based type inference
and certifying it using the Coq proof assistant.      Turing College, an online data and blockchain
Furthermore, the grant will support the teaching of   school based in Lithuania, is working on laun-
blockchain- and verification-related topics, which    ching a new free course program dedicated to
include technical courses on Tezos technology in      smart contract programming. During the classes,
collaboration with DaiLambda and other Tezos          students will get a chance to work on practical
developer teams in the Greater Asia region.           projects developed on the Tezos blockchain. The
                                                      course is planned to start in Q4 of 2022.
OCaml Labs Consultancy is a multidisciplinary
team focused on promoting OCaml and function-         Located in northwestern Switzerland, the Center
al programming as a platform in research and          for Innovative Finance of the Univer-
industry, together with broadening the applicabili-   sity of Basel has a research focus on public
ty and popularity of the language and ecosystem.      blockchain protocols and decentralized finance.
Based in Cambridge, UK, they work closely with        As part of the annual Blockchain Challenge, stu-
the OCaml community, investing in the OCaml           dent teams will work on a case suggested by the
ecosystem, maintaining crucial libraries, and up-     Nomadic Labs team focusing on decentralization
streaming key language functionality in collabo-      and the Tezos blockchain.
ration with the OCaml core development team.
OCaml Labs is working with Segfault Systems to
provide Multicore support by integrating parallel-
ism support into the protocol core and integrating
effects to improve scalability of the Tezos shell.
                                                                                                           19
The University of Cambridge is a renowned
UK-based university. The Tezos Foundation has
provided philanthropic and research funding
to the University to support its foundational re-
search on project verification and decentralized
carbon trading for nature-based solutions to cli-
mate change, in line with the Tezos blockchain’s
energy-efficient approach to transactions. This
work is based in the University’s Department
of Computer Science and Technology and is in
collaboration with the Cambridge Conservation
Initiative, Cambridge Zero, the Department of
Zoology, the Department of Plant Sciences, and
the Cambridge UKRI Centre for Doctoral Training
in the Application of Artificial Intelligence to the
study of Environmental Risks.

Located in the middle of Tuscany (Italy) in the
Department of Political Economy and Statistics of
the University of Siena, Professor Nicola Di-
mitri researches Tezos’ Liquid Proof-of-Stake pro-
tocol. The project will investigate and formalize
how users determine their optimal stake between
baking and delegating.

Viable Systems is a global team of experi-
enced developers and technical writers who work
remotely, primarily from Europe and North and
South America. The global team is further divided
into five teams: 1) security, which is tasked with
creating tools for automatic testing and auditing
the node’s security; 2) core, which focuses on
the development and management of the node
itself; 3) storage, which works on the storage
implementation of the node that stores the
blockchain state; 4) community, which is primarily
focused on the creation of front-end tools that
make using the node easier and more user-friend-
ly; and finally, 5) marketing, which is tasked with
the creation of content that attracts new users
and keeps existing ones interested.

                                                       20
// Gaming NFT Project
   CCP Games
  EVE Online is a multiplayer online role-playing game
  developed by CCP Games and enjoyed by over 24 mil-
  lion players since its launch. As a community-driven
  sandbox with a thriving in-game economy, EVE Online
  invites players to forge their own path among New
  Eden’s 7,000+ star systems. In 2005, EVE Online held
  its earliest official player-versus-player event cal-
  led the “Alliance Tournament”. The Alliance Tourna-
  ment sees hundreds of EVE Online players go head-to-
  head every year. In addition to in-game rewards, the
  100,000 competitors in the 2021 Alliance Tournament
  could choose to claim a non-fungible token (NFT)
  after landing the final blow on an enemy ship. These
  NFTs captured a capsuleer’s moment of victory over
  their enemy, memorialized on the Tezos blockchain.
                                                          CCP Games

                                                          CCP Games

  CCP Games                                               CCP Games
// Ecosystem – Tools & Application Grants

  The Tezos Foundation supports many teams that are building
  tools to help developers with different skill levels build no-
  vel applications on Tezos and contribute to the growth of the
  ecosystem. To date, the Tezos Foundation has focused on the
  following main areas within this grantmaking category: pro-
  gramming languages and libraries, block explorers and analyt-
  ics, smart contract development, infrastructure, applications,
  collectibles and creator tokenization, crowdfunding, decentral-
  ized finance, and payment solutions.

     Grantees and Other Funded Entities:

     Programming Languages and Libraries        Infrastructure
     > Formal Land (Arae SARL), France          > Ateza LLC, USA
     > LIGO (Accélérateur de Blockchain SAS),   > Bakin’Bacon, USA
       France                                   > Chainstack Pte Ltd., Singapore
     > Madfish Solutions Inc., Ukraine          > Cryptocount, USA
     > Nomadic Labs SAS, France                 > Cryptonomic Inc., USA
                                                > ECAD Labs Inc., Canada
     Block Explorers and Analytics              > Entropy Foundation, Taiwan
     > Baking Bad OÜ, Estonia                   > Figment Networks Inc., Canada
     > Blockwatch Data Inc., USA                > FutureSense Co Ltd., Korea
     > Dialectic Design, Netherlands            > Gravity SAS, France
     > Papers AG/AirGap, Switzerland            > INABLR FZCO Ltd., UAE
                                                > Kalima Systems SAS, France
     Smart Contract Development                 > Kukai AB, Sweden
     > Baking Bad OÜ, Estonia                   > MIDL.dev OÜ, Estonia
     > Compellio S.A., Luxembourg               > Nomadic Labs SAS, France
     > DaiLambda Inc., Japan                    > Opsian Ltd., UK
     > GK8 Ltd., Israel                         > Papers AG/Airgap, Switzerland
     > Korea University, Korea                  > Satoshi’s Closet Inc., USA
     > Massachusetts Institute of Technology,   > Smart Chain Arena LLC, USA
       USA                                      > Solvuu Inc., USA
     > Runtime Verification Inc., USA           > Sword SAS, France
     > Serokell OÜ, Estonia                     > Taurus Group SA, Switzerland
     > TezWell Unipessoal LDA, Portugal         > Tezos Ganon (SmartChain SAS), France
                                                > Tezos Reward Distributor, USA
                                                > Tom Jack, USA
                                                                                         22
Applications                                              > Open Block Ventures LLC, USA
> Agile Ventures S.R.O., Czech Republic                   > Red Bull Racing Ltd., UK
> Diginex Solutions Ltd., Hong Kong                       > Shanghai Kefeng Information Technology
> D /a:rt/, Germany                                         Ltd./Mozik, China
> Electis, France                                         > Superstar Xchange Inc., USA
> Giry SAS, France                                        > Team Vitality SAS, France
> Kontera GmbH, Switzerland                               > Vyking GmbH, Germany
> Metaculus Inc., USA                                     > VerticalCrypto Art (VRTCL Ltd.), UK
> MVL Foundation, Singapore                               > Universe-Dimensional Space Pte. Ltd.
> Talao SAS, France                                         (Organisation Asta), Singapore
> Tangany GmbH, Germany
> Wolfram Blockchain Labs LLC, USA                        Crowdfunding
> Xcap Ecosystem Ltd./Ownera, UK                          > Kickflow, India
> Zondax GmbH, Switzerland
                                                          Decentralized Finance
Collectibles and Creator                                  > CamlCase, USA
Tokenization                                              > Ejara (Nzinghaa Lab), Cameroon
> Amplify Creative Group Inc., USA                        > Madfish Solutions Inc., Ukraine
> Arago, France                                           > Nyayomat (Samserve Ltd.), Keyna
> Blckbook Inc., UK                                       > OpusDei (G.Ko Inc OÜ), Estonia
> Bloqtech Solutions LLC, Philippines                     > Papers AG/Airgap, Switzerland
> Mailscript Inc. (DNS), USA                              > RAZ Finance (Roshem Ventures Ltd.), Israel
> D /a:rt/, Germany                                       > Rocket Launchpad Ltd., Virgin Islands
> Eco Mint Ltd., UK                                       > Wealthchain Inc., USA
> euraNov SAS, France
> FloSports Inc., USA                                     Payment Solutions
> hicetnunc2000lab, Brazil                                > Al Bawaba Group LLC, UAE
> Illustrative Space (Illust Creative                     > CryptoTask (Novabit Software LLC), Croatia
   Partners Inc.), USA                                    > Ejara (Nzinghaa Lab), Cameroon
> Misfits Gaming Group (Esports                           > Hexa Solutions SAS, France
   Now LLC), USA                                          > LucidPay Ltd., UAE
> McLaren Racing Ltd., UK                                 > Mt Pelerin Group SA, Switzerland
> OneOf Inc., USA                                         > RadionFM, USA

–––––—___----————————————–––––___________________________--–-––———____–

Total: USD
                                   179 million
Monthly maximum approved amount per organization and category:

>   Over USD 500K     >   Up to USD 200K
>   Up to USD 500K    >   Up to USD 50K

                                                                                                         23
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and Libraries                                             lNMMMWWMMMk.
                                                          lNMMMOdXMMWd.
                                                                             .kWMWNWMMM0'
                                                                            .dWMMOdXMMM0'
                                                          lNMMMk'lNMMNl     cNMMK;;KMMM0'
                                                          lNMMMk..xWMMK:.:KMMXc ;XMMM0'
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in creating open-source software that                     lNMMMk. ;KMMMMMMWk. ;XMMM0'
                                                          lNMMMO.    cNMMMMM0'    :XMMM0'
helps lower barriers to entry to devel-                   lNMMMO.    .dWMMMK:     :XMMM0'
oping on Tezos in order to make Tezos                     lNMMMO.     .kWMNl      :XMMM0'
                                                          lNMMMO.      ,ONd.      :XMMM0'
technology as accessible as possible.                     lNMMMO.>>>>//////YYYYY/////=======YYYYYY=======////////=======< Madfish/te-
library (data-encoding) and its usage. The team                 am>YYYYYY
cO00000000000Okoc.
                                                                      .dWMMWXKKKKKKXWMMWXd.
                                                                      .dWMMK:.......,oXMMWk.
                                                                      .dWMMK,            .dWMMNc
                                                                      .dWMMK,             lWMMNc
                                                                      .dWMMK,            .kWMWO‘
                                                                      .dWMMXd::::::cd0NN0l.
                                                             61		            E33D
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                                                          0676789A7   .dMMMNxcccccccoxXWWKd.
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                                                          6F          .dWMMK,              lWMMNl
                                                             64       .dWMMK,         57A3lWMMNl    BC    1A0007D
                                                          61          .dWMM0,             ;0MMM0‘
              cO00000000000Okoc.                                      .dWMMNkoooooooxONMMWO,
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             .dWMMK:.......,oXMMWk.                                    .;;;;;;;;;;;;;,‘.
             .dWMMK,            .dWMMNc
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             .dMMMK,             ‚OMMWO‘
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                                           0676789A7          B2   34
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Baking Bad’s team

Block Explorers and Analytics                              Dialectic Design, a team based in the Nether-
                                                           lands, is working on The Stack Report, a financial
The Foundation has also made it a pri-                     analysis and reporting outlet providing analytics
ority to fund the development of open-                     and data-driven storytelling for and on the eco-
source block explorers and other tools                     nomics of the Tezos ecosystem. Tezos technol-
to help community members analyze the                      ogy adoption is seeing rapid growth with both
Tezos blockchain’s activity.                               community-driven projects and more established
                                                           organizations choosing the technology and net-
Baking Bad is a Tezos development team that                work for their initiatives. The goal of this project
builds a variety of widely used products in the            is to build on the work done in analysis and visu-
ecosystem. The team is active in numerous fields           alization of Tezos NFT activity and expand this
and products built on Tezos. In the area of block          reporting to the broader Tezos ecosystem. The
explorers, they continue to work and improve               main output will be regular reports shared on the
both TzKT and Better Call Dev. Apart from their            thestackreport.xyz ↗ website and multiple
indexer functionality, this includes the necessary         social media channels.
changes to support protocol upgrades, but also
the adjustments to recent developments in the              Papers is an active development team that,
ecosystem, such as the exponential growth in               among other things powers the AirGap wallet
NFT and DeFi-related activities.                           and has developed Beacon for connecting
                                                           wallets with DApps in the Tezos ecosystem. The
Blockwatch Data is a US-based software com-                Papers team, based in Switzerland, continues
pany and blockchain data provider that created             to improve tezblock, a Tezos block explorer, by
the popular Tezos block explorer TzStats and its           adding more advanced baking and governance
underlying blockchain indexer TzIndex. In ad-              data through integration with Tezos Agora, Tezos
dition, the team is working on developer tooling,          smart contract and asset support, and other key
such as the Golang library TzGo and Tezos Polyw-           metrics and data visualizations.
rap plug-ins, which will enable easy integration of
Tezos into cross-chain Web3 applications.                                                                            25
Smart Contract Development                            Massachusetts Institute of Technology
                                                      in the United States, one of the most presti-
The Tezos blockchain supports institu-                gious American universities, conducts research in
tional-grade smart contracts. The Tezos               formally verified cryptographic software libraries
Foundation funds tools to help lower                  and formally verified software/hardware stacks
barriers to entry for Tezos smart con-                implementing cryptographic protocols, with all
tract development and the applications                software and hardware designs made available
that will follow.                                     publicly under open-source licenses. MIT works
                                                      with the Tezos community to develop useful ex-
In addition to other projects covered in this re-     tensions as necessary.
port, Baking Bad works on Atomex STO Gate, a
collection of flexible program modules to provide     Runtime Verification is a US-based company
various atomic swap implementations for digital       that uses runtime-verification-based techniques
securities (security tokens) and other Tezos asset    to improve the safety, reliability, and correctness
standards.                                            of software. The team supports the Tezos eco-
                                                      system through numerous smart contract audits.
Compellio is a Luxembourgian entity that imple-       In addition, the team is developing a Firefly client
ments a Verifiable Data Registry based on the         for Michelson that can present coverage infor-
W3C verifiable credentials model. Smart con-          mation directly over the Michelson code.
tracts will be deployed on the Tezos blockchain.
The scope of this implementation is to offer a
decentralized and publicly available service for
issuers, holders, and verifiers to obtain public
keys, identifiers, and verifiable credential schema              ';;;;;;;;;;;;;,'.
                                                                'OWWWWWWWWWWWWWWNX0xc.
data, as required in the context of W3C verifiable              '0MMMMMWWWWWWWWMMMMMWXx'
                                                                '0MMMMKl,,,,,,;coONMMMMXl.
credentials workflows.                                          '0MMMMO.         .;OWMMMNo.
                                                                '0MMMMO.            'OMMMMX:
                                                                '0MMMMO.             :XMMMMk.
DaiLambda, a development team based in Ja-                      '0MMMMO.             .OMMMMK;
pan, is actively contributing to lower the burden               '0MMMMO.             .kMMMMNc
                                                                '0MMMMO. 61		        .kMMMMWl
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of developing high-quality smart contracts using                '0MMMMO.             .kMMMMWo
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                                                                      0676789A7 .OMMMMX:B2
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a concept of a Typical Smart Contracts (TSC)                    '0MMMMO.
                                                                      00FF7020       ,KMMMMO'
                                                                                     6F
agency and building an open-source prototype                    '0MMMMO.            .dWMMMWo
                                                                '0MMMMO.           .oNMMMWk.
for such a platform. The platform will be a web                 '0MMMM0,       .,l0WMMMWk'
application where visitors follow an intuitive and              '0MMMMN0OOOOOO0KNWMMMWXo. .;;;;,.
                                                                '0MMMMMMMMMMMMMMMMWXOl.     oWWWWNc
informative wizard to create a smart contract                   .lxxxxxxxxxxdddolc;.        dWMMMNc
generated from one of many templates provided.                                              dWMMMNc
                                                                            61		           E33D
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                                                                                            dWMMMNc
GK8 is a leading Israel-based institutional-grade                        0676789A7              B2
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                                                                                                      34
self-managed digital asset custody platform with                         00FF7020      6F dWMMMNc

                                                                                            dWMMMNc
DeFi, staking, NFT, and tokenization support.                                               dWMMMNc
The team worked on the integration of the GK8’s                                             dWMMMNc
                                                                                            dWMMMNc
custody solution with the Tezos blockchain. GK8’s                                           dWMMMNc
solution, which incorporates the only true Cold                                             dWMMMNl
                                                                                            dWMMMNl
Vault in the market together with a patented                                                dWMMMWo.
MPC wallet, protects billions’ worth of assets.                                             dWMMMMX0000000000000000Ol
                                                                                            dWMMMMMMMMMMMMMMMMMMMMMMx.
                                                                                            ;dxxxxxxxxxxxxxxxxxxxxxx:
Korea University has a total enrollment of
more than 36,000 students and is one of the
oldest institutions of higher education in the
country. Hakjoo Oh is an Associate Professor in
the Computer Science department who received             DaiLambda’s team
a grant to build a fully automated tool to verify
and test the integrity of smart contracts written
in Michelson.                                                                                                      26
Serokell is a software development company                        Infrastructure
  focused on creating customized high-perfor-
  mance solutions. The Estonia-based blockchain                     Infrastructure is essential to a
  company is responsible for developing and main-                   thriv-ing blockchain ecosystem. In the
  taining various developer tools and Tezos smart                   case of the Tezos blockchain projects
  contracts, including efforts around stablecoins                   building critical infrastructure like
  and wrapped assets. Additionally, they also help                  financial primitives and asset standards
  in the maintenance of several tools and platforms                 make it easier for developers to use
  in the ecosystem, such as Tezos Agora, Kiln, and                  these public goods to build new appli-
  the TZIP explorer.                                                cations on Tezos.

  TezWell is a Portuguese company created in                        Ateza is a US-based team developing a global,
  2020 that initially provided consultancy services                 load-balanced application programming inter-
  to the SmartPy project. Today, the company fo-                    face (API) with end-to-end encryption to interface
  cuses on bringing visual programming to smart                     with the Tezos nodes. The goal of the API is to help
  contract development in the Tezos ecosystem,                      strengthen the Tezos infrastructure to facilitate
  which will allow users to describe smart contracts                development of applications that interface with
  through illustrations that can be built by simply                 the Tezos distributed ledger.
  dragging and dropping blocks. Text-based
  programming languages make the programmer                         Bakin’Bacon is Tezos baking software made
  think like a computer, which is usually difficult                 easy. It aims to remove the cumbersome complex-
  for people without a computer science or similar                  ities of being a Tezos baker by having a single
  background. TezWell will contribute to lowering                   download and simplifying the setup process
  barriers of entry for people with less technical                  through a series of simple steps. Bakin’Bacon re-
  knowledge.                                                        leased v1.1 GA back in December 2021. The team is
                                                                    getting ready for Tezos’ next protocol improve-
 cO00000000000Okoc.                                                 ments.
.dWMMWXKKKKKKXWMMWXd.
.dWMMK:.......,oXMMWk.
.dWMMK,            .dWMMNc                                          Chainstack is a Singapore-based company that
.dWMMK,             lWMMNc
.dWMMK,            .kWMWO‘                                          helps companies from start-ups to large enter-pri-
.dWMMXd::::::cd0NN0l.                                               ses build, run, and scale blockchain applications.
.dWMMMMMMMMMMMMMNOc.
.dMMMNxcccccccoxXWWKd.                 cO00000000000Okoc.           The team has extended their offering with Tezos
.dMMMK,             ‚OMMWO‘           .dWMMWXKKKKKKXWMMWXd.
                                      .dWMMK:.......,oXMMWk.
                                                                    mainnet and testnet infrastructure. They provide
.dWMMK,              lWMMNl
.dWMMK,              lWMMNl           .dWMMK,            .dWMMNc    a managed services offering to deploy self-en-
.dWMM0,             ;0MMM0‘           .dWMMK,             lWMMNc
.dWMMNkoooooooxONMMWO,                .dWMMK,            .kWMWO‘
                                                                    closed and self-sufficient private networks, public
.dWWWWWWWWWWWWWWNKx:.                 .dWMMXd::::::cd0NN0l.         Tezos nodes, including Tezos community support
 .;;;;;;;;;;;;;,‘.
     61		             E33D         63 .dWMMMMMMMMMMMMMNOc.
                                                1B41
                                      .dMMMNxcccccccoxXWWKd.        where they support developers in the ecosystem,
  6D65                                .dMMMK,             ‚OMMWO‘   as well as Tezos-specific business development
                                      .dWMMK,              lWMMNl
  0676789A7                   B2       34
                                      .dWMMK,              lWMMNl   efforts such as meetups and webinars.
  00FF7020          6F                .dWMM0,             ;0MMM0‘
                                      .dWMMNkoooooooxONMMWO,
     64                            57A3                BC
                                      .dWWWWWWWWWWWWWWNKx:.         Cryptocount is the company and project of a
  1A0007D              61              .;;;;;;;;;;;;;,‘.            US-based developer who worked on proof-of-
  E2048		             F5         90            A7                   stake, reward-related Tezos projects. He has
  B2   34                     00FF7020         6F

                                                                    developed a tool for bakers to build taxation
     64                          57A3                 BC            reporting, which he has now improved under the
  1A0007D              61                                           name Cryptocount, including improved UI and UX
  E2048		             F5         90                   A7            design for its users.
  B2   34                     00FF7020         6F
     64                          57A3                 BC

  Bakin’Bacon’s team

                                                                                                                           27
Cryptonomic builds infrastructure solutions. The     Future Sense is incorporating Tezos blockchain
US-based firm provides tools and smart contracts     technology in its efforts with the Korean National
that enable higher-level decentralized and con-      Police Agency in South Korea, including a DID
sortium applications. The firm develops oracle       subsystem, data integrity subsystem, and a to-
services on Tezos via Chainlink, including ongoing   ken-based data marketplace. With its efforts, the
maintenance and community engagement, with           team is collaborating both technically and on a
which they will touch on existing projects, such     communication level with Tezos ecosystem mem-
as their Arronax block explorer. Adding to this,     bers, such as Nomadic Labs and TZ APAC. A first
they are also in charge of maintaining Galleon,      phase has been finalized and a second phase is
Conseil, and ConseilJS, and having regular align-    in process.
ments with Tezos ecosystem teams.
						                                               Gravity is a France-based team that developed
ECAD Labs builds open-source development             a solution allowing individuals and small busi-
tools and provides infrastructure services for the   nesses to bring together verifiable data about
Tezos ecosystem. Headquartered in Vancou-            themselves in a digital wallet and build trusted
ver, Canada, ECAD Labs is on a mission to lower      digital identities that are private, portable, and
technical barriers and simplify the blockchain       persistent. As a digital identity project, they
development experience. ECAD Labs is the team        collaborate with Spruce ID on building an open-
behind Taquito, the popular Javascript library for   source ID stack for humanitarian organizations.
the Tezos community. Other ECAD Labs projects        Part of their foundation’s supported work is the
include Signatory, a remote signing application;     integration of Tezos-based DIDs and verifiable
Tezgraph, a GraphQL indexer API built in collabo-    credentials into the RedRose system used by
ration with Agile Ventures; and Taqueria, a Tezos    NGOs worldwide.
development tool suite recently launched in beta.
                                                     Kalima Systems is a France-based company.
Entropy Foundation is a Taiwan-based team            The team worked on interconnecting the Kalima
that works toward bridging next-generation,          blockchain with the Tezos blockchain. Their so-
highly performant, and secure Oracle services        lutions are focused on IoT devices and offer their
into Tezos. The Tezos ecosystem has a large num-     clients mixed private and public blockchain solu-
ber of bakers in its ecosystem that help secure      tions. Through large-scale industry partnerships,
the network by signing and publishing blocks. The    their products support the adoption of Tezos
team’s goal is to empower bakers by supporting       technology in the enterprise sector.
the development of standardized tools, tutorials,
and cloud applications.                              Kukai is a Sweden- based company that deve-
                                                     loped a popular wallet for Tezos-based assets.
Figment Networks is a Canadian company               One of its features is the ability to use DirectAuth,
working on Web3 solutions. Their team aims to        allowing users to create wallets through their
help make Tezos application development a more       social media accounts. The team has received a
seamless experience for software engineers. With     grant to proceed with their development of the
the grants, they are further integrating Tezos       wallet, including UX and UI improvements, integ-
technology into Data Hub, a “full-nodes-as-servi-    ration with dApps such as popular decentralized
ce” offering to make it easier for developers to     exchanges, mobile device solutions, and more
access Tezos blockchain data via an API. With        smart wallet features. The team is actively imple-
Data Hub, developers will be able to sign up and     menting new features based on community and
access live Tezos blockchain data via a standard     developer feedback.
API without having to worry about maintaining
blockchain infrastructure or doing custom integ-     INABLR is an UAE-based authorized sandbox
rations.                                             participant under the Central Bank of Bahrain
                                                     (CBB) Regulatory Sandbox program. Their aim is
                                                     to develop a platform to democratize fractional
                                                     ownership of financial and alternative investment
                                                     instruments.

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