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Balthazar DAO launches new gaming infrastructure Babylon, backed by Tezos Foundation

FOR IMMEDIATE RELEASE – October 19, 2022, Sydney, Australia: NFT gaming platform Balthazar DAO is pleased to announce it is adding Tezos to its list of supported blockchains to help build the future of Web3 gaming through Balthazar’s newly released infrastructure product, Babylon. This follows recent funding by the Tezos Foundation.

Balthazar’s Babylon provides game creators with the tools they need to create a seamless and familiar Web2 gaming experience with all the benefits of digital ownership.

Balthazar is joining the ecosystem with a solid track record of research reports about projects built on Tezos. Going forward, the Balthazar team will strengthen its presence in the Tezos ecosystem by expanding all of its product offerings to Tezos, starting with its Launchpad products for game engineers. 

In addition to the current dedicated research and advice for developers, Balthazar will also enhance its portfolio by adding lending mechanisms for game items to allow for more ownership-centric interaction between players and games and its portfolio NFT (pNFT) marketplace systems.

“I’m thrilled to see Balthazar increase its support for gaming on Tezos through its developer-focused product offering and deep knowledge of the gaming space” said Mason Edwards, Chief Commercial Officer of the Tezos Foundation.

John Stefanidis, Co-founder and CEO of Balthazar said: “This is a very exciting collaboration for the Balthazar DAO, as it strengthens Balthazar’s position as a leading DAO in the NFT gaming space. Tezos has a thriving ecosystem, strong partnerships and great technology. Tezos is one of the leading blockchains for NFT games such as Dogamí and we can’t wait to work on more projects built on the Tezos blockchain.”

The Balthazar DAO launched in September 2021 primarily as a guild model, focusing on the distribution of assets between games and players and making this more democratized. Since then, it has evolved into a product-led technology platform for the NFT game metaverse.

About Balthazar

Balthazar DAO is an NFT (non-fungible token) gaming platform for the metaverse. Balthazar is about building an innovative ecosystem to make NFTs, cryptocurrency, and gaming more accessible for more people. For more information, please visit https://bltzr.gg/ 

About Tezos

Tezos is smart money, redefining what it means to hold and exchange value in a digitally connected world. A self-upgradable and energy-efficient Proof of Stake blockchain with a proven track record, Tezos seamlessly adopts tomorrow’s innovations without network disruptions today. For more information, please visit https://tezos.com

About the Tezos Foundation

The Tezos Foundation is a foundation, supervised by the Swiss Federal Foundation Supervisory Authority which is part of the Swiss Federal Department of Home Affairs. The Tezos Foundation’s purpose is the promotion and development of new technologies and applications, especially in the fields of new open and decentralized software architectures including the promotion and development of the Tezos protocol and related technologies. For more information, please visit https://tezos.foundation.

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