Skillz Joins Tezos Ecosystem as a Corporate Baker Using Scaleway Cloud

Paris, France, 27th January, 2022,

Today, SkillZ, the European leader in Staking-as-a-Service, has formally announced that it has expanded its involvement within the Tezos ecosystem as a corporate baker. By officially becoming a baker, SkillZ will now validate transactions and add them to the Tezos blockchain.

SkillZ joins the growing number of global enterprises electing to become block validators on Tezos. Becoming a baker is one of the best ways to become acclimated to the network and incentivizes its active participation in Tezos’ development. Being a baker allows enterprises to personally vouch for the security and verifiability of the network and exemplifies a corporation’s applying a forward-thinking, scalable investment in bleeding-edge technology.

“Adding support for Tezos is in line with our mission to bring staking to institutional investors, offering them the opportunity to bake through our public validator or our white-label offering for exchanges, custodians, wallets or crypto institutions. Furthermore, as the leading European institutional staking provider, we chose Scaleway as our infrastructure partner to ensure sovereignty, top performance and energy efficiency in our service,” said Laszlo Szabo, CEO of Skillz.

Scaleway, the multi-cloud service provider for SkillZ and many other startups and cloud native projects, is catering to the global market with the essential mix of cloud computing resources that is flexible, cost effective, reliable, secure and sustainably powered.

“We are thrilled to see SkillZ deploy its service in our cloud infrastructure, thereby adding geopolitical and sovereign resilience to its web3 value proposition, also leveraging our energy efficient data-center Par-2,” said Yann Lechelle, CEO of Scaleway.

Tezos is an open-source platform that addresses key barriers facing blockchain adoption for assets and applications backed by a global community of validators, researchers, and builders. Tezos is the world’s most advanced and energy efficient blockchain, using proof of stake technology which has an exponentially lower impact on the environment than proof of work technology, used by other market-leaders. In 2021 alone, the Tezos network processed over 50 million transactions with the energy consumption equivalent to 17 global citizens.

With this announcement, SkillZ is making a strategic decision to utilize a protocol anchored in French scientific research, energy-efficient and whose implementation is facilitated both by its open-source philosophy and by Nomadic Labs’ technical support. SkillZ has launched delegations services around Tezos and seeks to become a pro-active participant of the Tezos ecosystem. SkillZ also offers companies to become corporate bakers themselves, through their own nodes, easily deployed with our SaaS application.

“We are particularly delighted to welcome SkillZ as a corporate baker to the Tezos ecosystem; considering the strategic interest of a baker relying on the Scaleway sovereign cloud, with significant ability to scale the node deployment for Tezos,” said Thibaut Chessé, Adoption Manager in France at Nomadic Labs.

Add delegation address: tz1eF5HGTVEJ5RJC8gjLeFX1aTFBAitTaSRq

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About Skillz

SkillZ is the European Staking-as-a-Service provider, with $800M of assets staked under management. We enable exchanges, custodians, wallets, brokers, funds and market-makers to stake or seamlessly integrate staking into their offering in a non-custodial manner while adding new revenue to their balance sheet.

Learn more at https://www.skillz.io/

About Nomadic Labs

Nomadic Labs is one of the largest research and development centers within the Tezos ecosystem. Based in Paris, it brings together more than 50 engineering researchers working on the development and evolution of the Tezos protocol. Nomadic Labs helps companies and institutions to use the Tezos Blockchain for their business needs, providing technical support in France, Luxembourg and Belgium. Learn more about Nomadic Labs at https://www.nomadic-labs.com and follow us on Twitter @LabosNomades.

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 www.tezos.com.

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