{"description":"<div>\n<p>Tezos is a self-governing and self-amending smart contracts platform that launched in 2018.<\/p>\n<p>The project aims to improve upon Ethereum and other smart contract platforms by implementing on-chain governance. Tezos&rsquo; on-chain governance mechanism allows the blockchain to routinely adopt and adapt new features natively and automatically.<\/p>\n<p>Tez is the digital currency of Tezos and Tez holders who stake Tez can vote on, as well as determine the voting system used for upgrades.<\/p>\n<p>Tezos is also unique because of how it has started to be used by high-profile businesses. In September 2020, it was announced that the French banking giant Soci&eacute;t&eacute; G&eacute;n&eacute;rale planned to use Tezos for experimenting with a central bank digital currency and structured products (first structured product launched in April 2021).<\/p>\n<p>Tezos operates a distinct and inclusive governance process democratizing the decision-making process and minimizing the risk of hard forks.<\/p>\n<\/div>","rankedCrypto":[{"coingeckoId":"polkadot","sortingRank":5},{"coingeckoId":"chiliz","sortingRank":3},{"coingeckoId":"apecoin","sortingRank":2},{"coingeckoId":"decentraland","sortingRank":1},{"coingeckoId":"internet-computer","sortingRank":0}],"cryptoCategories":{"Decentralized Finance (DeFi)":["uniswap","compound-governance-token","aave","lido-dao"],"Entertainment":["decentraland","chiliz","axie-infinity","apecoin","immutable-x"],"Currency":["stellar","ripple","litecoin","dogecoin","bitcoin-cash","bitcoin"],"Smart Contracts":["polygon-ecosystem-token","tezos","solana","polkadot","ethereum","cosmos","cardano","avalanche-2","algorand","hedera-hashgraph"],"Computing":["filecoin","chainlink","render-token","the-graph"]},"region":["CH","DE","AT"],"sophisId":139217717,"coingeckoId":"tezos"}