Telos has received a $1 million strategic investment from Presto Labs.

The funds will be used for the development of Telos' new SNARKtor-powered Ethereum Layer 2 zkEVM network. Additionally, the investment will support the growth of SNARKtor Labs, Telos' Hong Kong-based business unit focused on advancing Telos' ZK-proving technology infrastructure.

#telos #Prestolabs #Presto #zkevm #SNARK

The partnership between GameStop and Telos Foundation will attract new users by leveling Web3 barriers preventing widespread adoption.

Popular video game and merchandise retailer GameStop Corporation (NYSE: GME) plans to provide more Web3 games in collaboration with the Telos Foundation.

The blockchain company powering the Telos blockchain will support GameStop’s plan by providing blockchain infrastructure via Telos.

The partnership between both companies will see Telos link Web3 games on its blockchain via GameStop’s Web3 gaming launchpad Playr.

#gamestop #telos #blockchains #partnership #cryptoonindia

Telos is one of the most undervalued low cap crypto that is just started rising and should reach 50x to 60x by the end of 2024.

Telos is a leading-edge blockchain platform, renowned for its speed, scalability, and zero-transaction-fee structure, designed to revolutionize decentralized applications (dapps) and governance. Launched in December 2018, it has quickly established itself as a formidable force in the blockchain space with its Delegated Proof-of-Stake (DPOS) consensus mechanism, ensuring transactions are faster and more energy-efficient than traditional Proof-of-Work networks.

The ecosystem is fortified by a strong foundation of over 30 core developers, 50 validator teams, and a vibrant community exceeding 500,000 users. Telos champions economic and geographic decentralization, offering a developer-friendly environment with equitable incentives for node operators and comprehensive community support through initiatives like the Telos Works proposal system.

Its EVM compatibility and development-friendly grants and funding options position Telos as the go-to platform for developers seeking to build sustainable, scalable dapps with enhanced security. The TLOS token powers the ecosystem, facilitating resource staking for users and developers alike, and underpinning the innovative Telos Swaps liquidity pools for instant token exchanges.

Telos stands out for its commitment to reducing blockchain's environmental impact, offering a significantly lower energy usage compared to conventional blockchains. With strategic innovations like T-Bonds, Telos is paving the way for a more efficient, inclusive, and sustainable blockchain future, proving itself as a dynamic and forward-thinking platform ready to drive the next wave of blockchain innovation.

[The data is based on Dapprader. #dyor before purchase]

#telos #Write2Earn‬

Telos Hub will celebrate its opening with simple and rewarding tasks and exclusive incentives for Social Mining Framework novices.

#telos #TLOS

https://blockchainreporter.net/dao-labs-and-telos-launch-telos-hub-for-social-mining-growth/

Telos Foundation and Ponos Technology will collaborate on a hardware-accelerated Ethereum Layer 2 network, featuring SNARKtor, to enhance scalability, data protection, and trustless interoperability for Ethereum users globally.

#telos #ponos #bitcoinhalving #Megadrop

🚨Snapshot of Top 10 Crypto Airdrops 2023:🚨

1. BAT (Basic Attention Token):
- Reward: BAT token rewards based on online activity.
- Eligibility: Users should have the Brave Browser.

2. Telos:
- Reward: TLOS tokens.
- Eligibility: Completing various quests.

3. Mint Layer:
- Reward: 5 ML tokens.
- Eligibility: Refer a friend.

4. Open Meta Trade:
- Reward: Exclusive medals giveaway.
- Eligibility: Completing specific tasks.

5. OP Names:
- Reward: Free NFTs.
- Eligibility: Joining the Alpha testnet.

6. Dracoo World:
- Reward: Lucky winners to get $100 worth BAS tokens + NFTs.
- Eligibility: Following social media channels and retweeting.

7. DeFiChain:
- Reward: $30 reward.
- Eligibility: New users who deposit $50 in the DeFiChain account and register.

8. Tamadoge:
- Reward: TAMA token rewards.
- Eligibility: Participate in Tamadoge game.

9. Human Divergence:
- Reward: Exclusive NFTs.
- Eligibility: Submit wallet address and follow social media channels.

10. HexHash:
- Reward: $100,000 rewards distributed amongst 10,000 winners on FCFS basis.
- Eligibility: Filling the airdrop form and performing tasks on social media.

Participate responsibly and verify details before engaging in any airdrop. 🚀💰

#BAT #telos #airdropclaim #AirdropMadness #airdropfever $BAT