Bezant (BZT) is a digital unit of account whose primary sale price is determined by an open formula based on the reference exchange rates of the European Central Bank for ten currencies. The project, developed by Haydamax OÜ, launched in September 2026 with the release of version 1.0, a token with a fixed supply of 5,000,000 BZT on the TON network. The project aims to eventually transition to its own independent network featuring a native coin used for transaction fees.
Mechanism and pricing
The value of Bezant is calculated using a formula derived from the ten largest economies by nominal GDP, as reported by the IMF World Economic Outlook. The calculation involves taking one unit of currency from each economy, with the euro being included three times for Germany, France, and Italy, and then dividing the total by ten. The website specifies that this formula determines the primary sale price rather than acting as a peg or collateral, meaning market prices may differ. The project intends to conduct sales in weekly windows, where the price is set based on the previous Friday's exchange rates. As of late 2026, sales have not yet opened.
Technical features
The current version of the project operates as a token on the TON network, and its contract can be verified via network explorers. Users access the system through W3ID identity, which utilizes a secure chip in a mobile device for authentication. The project's principles include transparent transactions and a model where one verified person corresponds to one node. While the current version is a token, the development of a proprietary network is currently in the design phase. Upon the launch of this independent network, version 1.0 balances are intended to be transferred at a one-to-one ratio.