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Cryptocurrency News Articles
The best Tezos crypto tools: focus on wallet, nodes, and NFT
Oct 12, 2024 at 03:00 pm
The decentralized ecosystem of Tezos continues to expand by adding new connections in the crypto world, especially in the NFT niches
The decentralized landscape of Tezos continues to expand, offering a wide range of applications and tools for users and developers alike. In addition to the well-known dapps and protocols, there are also a number of lesser-known but incredibly useful open source tools available on the Tezos blockchain.
Here are some of the best crypto tools on Tezos that you may not have heard of:
Bandog: This set of tools, created by the community member Jack Tezos, enhances the experience in the trading of non-fungible tokens. With Bandong, users can track and analyze their operations, simplifying the journey in the world of cryptographic art. The app also helps to identify and avoid fraudulent collections, bad actors, and suspicious networks.
TzFlow: This dashboard provides a visual representation of all the on-chain monitoring activity carried out on Tezos, from simple swaps to more complex transactions. TzFlow is an excellent tool for tracking the flow of NFT sales, as it can help you identify potential mass purchases or sales that could move the floor price of the collection.
Furthermore, it shows interesting metrics of Tezos such as average fees, transactions per second, network volume, and more.
TzSafe: This open source resource allows you to easily create a multisignature wallet. These types of crypto portfolios allow multiple individuals to manage a single wallet, through a shared signature system. These are ideal solutions for both cryptographic teams and groups of enthusiasts and small collaborators
Tezos also cannot help but have a convenient tool that makes the development of such a portfolio easy and accessible.
TzSafe is the best solution in this regard because it simplifies everything through a simple website with an intuitive interface.
Obviously, you can create a wallet from scratch, or import the private key of an already existing wallet.
The development of crypto tools on Tezos also extends to the more technical aspects of the network, such as nodes and staking. Here are a few tools that can help you manage your node and stake:
XTZ Chad: This dataset of blockchain information, built by the community member DoctorChad, allows users to compare the potential economic return of different stake pools and make informed decisions about where to delegate their stake.
XTZ Chad allows you to obtain snapshots for your node and track wallets with inflows and outflows to identify the best possible connections.
Additionally, it helps manage the network’s emissions and offers various on-chain metrics to analyze the performance of the decentralized ecosystem.
Homebase: This tool opens the doors to the spread of decentralized autonomous organizations capable of contributing to the development of Tezos.
The application allows anyone to create a DAO in a few clicks, simplifying the process of social participation in the crypto community.
The DAO represents the best organizations where groups of NFT artists, stakers, node operators, and investors can agree on decisions about the future of the network.
The tool works even without having a governance token, offering flexibility of use. With the latest update, it is also possible to have tez-based voting for your DAO. Managing all the group’s activities is quite simple and potentially usable by a wide range of users.
Several of the major DAOs present on Tezos, such as Tezos Domains, Tezos Ecosystem DAO, and Crunchy network, have used HomeBase as a governance tool.
In total, 71 DAO have been built through HomeBase.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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