Telos (TLOS) Cryptocurrency Research Report – Disclaimer (March 5, 2024)
This report is based on information gathered from various sources as of March 5, 2024. Cryptocurrency information is subject to change rapidly, and this report may not reflect the latest developments.
Market Data:
- Project introduction and brief summary: Telos is a blockchain platform designed for fast, scalable, and secure development of decentralized applications (dApps). It utilizes the Ethereum Virtual Machine (EVM) and offers features like free transactions, 0.5-second block times, and on-chain governance.
- Project release date: The Telos mainnet launched in March 2020.
- Token release date: The TLOS token launch date is not publicly available.
- Market capitalization: $190,407,973 USD (as of March 5, 2024) (https://coinmarketcap.com/currencies/telos/)
- Current price: $0.506979 USD (as of March 5, 2024) (https://coinmarketcap.com/currencies/telos/)
- Exchanges: DigiFinex, Bitget, Bitrue, XT.COM, Gate.io, and others (https://coinmarketcap.com/currencies/telos/)
Competitors:
- EOS (EOS): $490,778,190 USD (https://coinmarketcap.com/currencies/eos/)
- Wax (WAXP): $224,131,864 USD (https://coinmarketcap.com/currencies/wax/)
- Solana (SOL): $42,888,705,537 USD (https://coinmarketcap.com/currencies/solana/)
Use Cases:
- Development and deployment of dApps
- Secure storage and transfer of digital assets
- Decentralized governance and voting mechanisms
- Integration with existing blockchain ecosystems
Technology:
- Based on the EOSIO software and utilizes the Delegated Proof-of-Stake (DPOS) consensus mechanism.
- Offers near-instantaneous transactions and high scalability.
Smart Contracts and Audits:
Telos utilizes smart contracts for various functionalities within the dApp ecosystem. However, information regarding specific audits is not readily available on the Telos website or official resources.
Investors and Partners:
- Telos Foundation (https://www.facebook.com/TelosFoundation.io/)
- Draper Dragon (https://draperdragon.com/)
- Blockchain at Berkeley (https://blockchain.berkeley.edu/)
News about Telos partnerships within the last 90 days was not readily available during this research.
Amount of money raised during the presale/ICO/seed rounds:
Information regarding specific fundraising details is not available on the Telos website or official resources.
Token Distribution:
- Total Supply: Not publicly available
- Circulating Supply: 375,573,675 TLOS (https://coinmarketcap.com/currencies/telos/)
Token Economics and Use Cases:
- TLOS is the native token of the Telos blockchain.
- It is used for:
- Paying for transaction fees on the network
- Staking to participate in governance and earn rewards
- Accessing premium features within dApps built on Telos
Roadmap:
The Telos website (https://telos.net/) outlines a roadmap with various milestones achieved and future goals, including:
- Completed: Mainnet launch, EVM integration, governance features implementation.
- In progress: Interoperability solutions, developer tools and SDK enhancements, mobile wallet development.
Team Members:
The Telos team page (https://telos.net/team) lists several core members with brief descriptions and links to their social media profiles. However, LinkedIn profiles are not provided for all team members.
References:
- Telos Website: https://telos.net/
- Telos CoinMarketCap Page: https://coinmarketcap.com/currencies/telos/
- Telos Foundation: https://www.facebook.com/TelosFoundation.io/
- Draper Dragon: https://draperdragon.com/
- Blockchain at Berkeley: https://blockchain.berkeley.edu/
Note:
Further research may be required to obtain specific details regarding token distribution percentages, vesting schedule, and information about potential smart contract
