It has been a magnificent year for the Telos ecosystem as it demonstrated sheer technical excellence combined with absolute performance flair – all while being under enthusiastic and scrutinizing eyes in the crypto space.
Image Source For a quick recap on the ecosystem’s remarkable year, Telos uploaded some of its biggest highlights here.
Here are some of the network’s focal points for the final month of 2021:
TELOS FOUNDATION BOARD ELECTIONS
After months of preparation, the Telos Foundation board elections finally went live on December 24th. All $TLOS holders are very much encouraged to participate in the network’s essential undertaking. As part of the ecosystem’s advanced governance structure, a TLOS token holder’s voice is esteemed. It is contributory towards fulfilling beneficial blockchain initiatives and achieving synergistic objectives. Voting ends on January 4th.
Vote using:
Mobile http://decidevoter.app
Desktop http://app.telos.net/trails/ballots
Know more about the history and development of the Telos Foundation over the years: https://www.telos.net/news/history-structure-update-2021
Get to know the candidates:
https://www.telos.net/board-election-candidates
Be informed of more election details:
https://www.telos.net/news/2021-board-elections-kick-off
TRIUMPHANT FORTIS ICO ROUND ONE, OFF TO THE NEXT ROUND
After the success of the first round of Fortis’ initial coin offering on T-Starter, the next round is now live on the same platform. This is a great opportunity to acquire $FORT with TLOS at a discounted rate.
The current pool on T-Starter closes on January 12th, 2022.
Join the token sale - https://app.tstarter.io/telos/pools/13/
Fortis is a project built on Telos that was established to solve current cryptocurrency issues by building a payment ecosystem that makes managing crypto assets convenient, accessible, and secure. The ecosystem has three main components with FORT as its utility token:
- Fortis App opens a wide range of helpful products and services like buying and selling crypto, linking with other DeFi solutions, and even playing games – with guaranteed speed, comfort, and security.
- Fortis Gateway acts as a bridge between the customer and the payment sector while eliminating sky-high fees. Still, with guaranteed security, convenience, and accessibility.
- Fortis Labs houses and brings forth excellent crypto projects and solutions for the advancement of the Fortis ecosystem.
Know more about Fortis - http://fortisfinance.io
TELOS’ NEW & EXCITING PARTNERSHIPS
• Telos X LuxFi – Authentic Ownership at Its Best
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Telos furthers industry empowerment and versatility as it partners with LuxFi – the first asset-backed NFT marketplace for luxury assets in the world. A great thing about buying, selling, and investing in LuxFi is the guaranteed legitimacy. The marketplace uses big data for asset verification – automated data collection, data processing, thus, quashing counterfeiting. Additional anti-counterfeiting measures include minting NFTs and setting out accurate NFT value backed by real-world data from global sales channels and social media platforms. Once the product is authenticated, the information is permanently and immutably recorded on the blockchain for uncomplicated traceability. People can also transact using different cryptocurrencies.
“The luxury market is highly fragmented. It’s plagued with multiple issues including counterfeiting, no benchmark price for pre-owned assets, and illiquidity when you want to resell them… Our vision is to create a sustainable ecosystem for luxury assets where LuxFi is tackling those challenges plaguing the luxury industry.” –Aidaa Wong, CEO and Founder of LuxFi
Know more about LuxFi - https://luxfi.io/home
• Telos x Shield Protocol – Transact in Solace
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Telos partners with the project that is home to the first two-factor authentication built on blockchain, Shield Protocol. It is a second-layer security platform and a multichain wallet based on BSC (Binance Smart Chain). Shield showcases a user-friendly interface for easy navigation and coin management, no data collection, no centralized storage, secure NFT backup and storage for other crypto assets, with 4-tier encryption. Available on iOS and Android.
Telos will be added to the Shield Wallet this January 2022.
Know more about Shield Protocol - https://shieldprotocol.org/
• Telos x 5ire
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Championing Environmental, Social, and Governance initiatives is a major component in the Telos identity. Ceaseless projects and solutions are devised to sustain such goals – just like a recent partnership announced by Telos with 5ire.
5ire is a 5th generation blockchain that serves as a bridge in the industry shift from an unsustainable for-profit approach to a sustainable for-benefit one. The partnership intends to exert concerted efforts on ESG initiatives that would contribute and create a lasting impact in the industry.
“This worldview is profit-driven and does not imply a sustainable futurist vision. Our financial resources are finite; we cannot afford irresponsible and unchecked technological development. Thus, we must reclaim control and direction over its expansion toward humanity’s service,” –Vilma Mattila, 5ire Co-founder
Know more about 5ire - https://5ire.org/
MORE EXQUISITE MILESTONES
• Telos Kitchen DAO Buys 36 Acres in Wyoming with Tokens
Telos Kitchen, a block producer on the Telos blockchain, has purchased 35.84 acres of land in Laramie River Ranch, Wyoming with block rewards received from the network. This solidifies the bright potential of how blockchain technology can be useful in conducting efficient and transparent commercial real estate transactions.
“Telos Kitchen DAO, LLC is blazing a new trail for American businesses to showcase how this new type of legal entity combined with Telos Decide DAO governance tools can create a real-world-ready structure for operating the ownership and management of real estate or any kind of assets. This will be viewed in the future as a watershed moment in the transformation of business to blockchain-supported models. This is an incredibly exciting time for Web3 and I expect it will soon explode into broad usage on Telos.” –Douglas Horn, Chief Architect of Telos
Know more about the transaction here
• Telos Mainnet Turns 3 Years Old
The Telos mainnet was launched on December 12, 2018, and went on to achieve notable milestones, and still goes on creating constant and revolutionary impact in the blockchain industry. As part of Telos’ celebration, the network conducted a week of EVM trading contests and NFT giveaways.
• Telos Launches Official TechSupport
Halfway through December, Telos announced the launch of Telos Knowledge Base, the official technical support of the network. It contains easy-to-follow pointers for any questions around Telos, thus, exhibiting Telos’ readiness for mass adoption.
Check it out - https://help.telos.net/
• AreaX Update!
AreaX launches its version 5 packed with great visuals and new features. Mainly, one of these features of AreaX version 5 is Collections. It makes way for content creators to organize their items and sets easily and efficiently.
Check it out - https://areaxnft.com/collections
• AnySwap Rebrands to Multichain
AnySwap, one of the many partners of Telos, announced that it has completely rebranded and from now on will be known as Multichain. It is a Cross-Chain Router Protocol (CRP) for Web 3.0 that operates, bridges, and offers cross-chain services seamlessly and securely. According to Multichain, it has completed multiple rounds of security audits by SlowMist, TrailOfBits, and PechShield (https://github.com/anyswap/Anyswap-Audit)
More details on the rebranding here
• Telos Nominated at Hackernoon Awards
Telos and its key contributors are up for eight Hackernoon awards including Breakout Blockchain of 2021. The Telos community is encouraged to cast their votes before it closes on January 26, 2022.
To vote, click the link and search for Telos - https://www.noonies.tech/
2021 has truly been a fruitful and innovative year for the Telos blockchain, and so much more are in-store and in the works for 2022 and beyond!
Sources:
Fortis LuxFi Telos Kitchen Telos Birthday AreaX Telos 2021 Video Recap Shield Protocol AnySwap Rebranding to Multichain Hackernoon Awards 5ire Board Elections