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Tezos partners with Satoshi’s Treasure Hunt; issues grant to Stove Labs to roll-out non-fungible token

Mark Prestwood

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Tezos partners with Satoshi’s Treasure Hunt; issues grant to Stove Labs to rollout non-fungible token
Source: Unsplash


Tezoz Foundation is all set to launch Tezos Satoshi’s Treasure Hunt in collaboration with the alternate reality game, Satoshi’s Treasure. According to the official release by the Tezos Foundation, Tezos Satoshi’s Treasure Hunt is a multi-player game in which players would be able to solve puzzles to receive Tez [XTZ] from a prize pool of 1 million Tez. The hunt will be launched officially in the next few months.

Built on top of a set of smart contracts, the Tezos hunt will essentially reward players in Tez for their problem-solving skills to crack the puzzles which, according to the Foundation’s note, would “encourage technical problem solving and the building of new tooling,” which will ultimately benefit the entire Tezos protocol and ecosystem.

Prior to the official roll-out, players can play a mini version of the game from 10th September, a game called the Satoshi’s Treasure mini-hunt, which has a prize of 5,000 Tez.

In addition to supporting the implementation of the Hunt, Tezos Foundation also announced issuing a grant to Stoves Labs, which develops Tezos smart contracts and application development toolkits to develop a non-fungible token [NFT] standard.

The note further read,

“Stove Labs was working closely with TQ Tezos and the Satoshi’s Treasure team to deliver the necessary infrastructure and smart contracts. Clues for the Hunt will be set up as NFTs which can be traded, bundled, and cashed-in based on the rules of the game itself. This will allow for a transparent progression of the game that can be tracked on-chain.”

Mark is a full-time member of the Editorial team of AMBCrypto. With his five-year experience as a business editor for one of the largest dailies in the US, Mark brings sanity and order to our editorial team. Mark is a business major and loves building automotive parts when he's not working. Email him at mark@ambcrypto.com or editor@ambcrypto.com