Proposed in 2014 and launched in 2018, Tezos raised $232 million in its ICO and became known for its formal upgrade mechanism.
TECHNOLOGY
Liquid Proof-of-Stake (LPoS), self-upgrading protocol, and smart contracts with Michelson language.
USE CASES
DeFi, NFTs, enterprise blockchain, dApps, and tokenized real estate.
FORECAST
XTZ may benefit from its formal governance model and sustainable approach to upgrades.