Showing posts with label TLOS. Show all posts
Showing posts with label TLOS. Show all posts

The Telos Blockchain has joined the Bloktopia Metaverse.

In Bloktopia, Telos, a reliable layer 1 backbone provider for Web 3.0 / Metaverse, takes on virtual space. Telos Blockchain (Tlos) has become a virtual tenant of Bloktopia and is already putting the space to good use. The Telos team will be able to utilize the area as a virtual conference room for all of its AMAs now that Bloktopia is set to start its Alpha (ask me anything - meetings). Telos has a lot to say about its newly released Ethereum Virtual Machine (tEVM), its decentralized file storage system (dStor), and its plans, and a metaverse environment seems like the ideal venue for these discussions. After all, both the tEVM and the dStor can and will be used to support Web 3.0 dApps.

"Bloktopia's metaverse is a significant step forward in Web 3.0 adoption, and the Telos team is excited to go in head first." This is only the start of a multibillion-dollar industry, and it's only the beginning of our enormous metaverse goals." (Justin Giudici).

Telos is a 3rd Generation layer 1 blockchain that has been continuously executing energy-efficient smart contracts since 2018. Every Telos Network transaction consumes less than 0.000002 kWh of energy and costs end customers $0 to near-zero in gas expenses. Telos is quicker than any other chain in generating blocks and smart contracts for Solidity, Native C++, and Vyper. The network's main strength is its heavy reliance on C++ and a unique Wasm runtime environment. It's extremely efficient, and it's one of the key reasons why Telos allows Web 3.0 dApps to perform immediate transactions.

Before any future sharding / rollups, Telos is currently capable of serving hundreds of millions of nearly fee-free transactions each day. This degree of capability will be required for the Metaverse to thrive. Telos' present capacity is adequate to fulfill the transaction demands of every existing layer 1 chain, as well as all of their projected future development over the next decade.

With any of the third-party comparisons below, one can plainly observe some of Telos' demonstrated qualities for themselves.


Three reasons why the price of Telos (TLOS) has reached a new all-time high

TLOS has risen 229 percent from its January low, thanks to new alliances and the introduction of various NFT and DeFi apps. Traders who are aiming to put up long positions where solid fundamentals overcome the absence of short-term returns are typically rewarded by projects that continue to move forward by focusing on development and expansion during times like these.

Telos (TLOS), a blockchain network established using the EOSIO software that seeks to offer speed and scalability to smart contracts for decentralized finance (DeFi), nonfungible tokens (NFTs), gaming, and social media, has withstood the storm in the crypto markets to set a new all-time high.

Several new collaborations that expanded awareness of the project, the introduction of nonfungible token and decentralized finance initiatives on the TLOS network, and the token's integration with the Anchor wallet are three reasons for the rising price and momentum for TLOS.

Collaborations help to raise brand recognition.

In recent weeks, the Telos network has seen numerous new collaborations and integrations that have served to raise public knowledge of the protocol. DappRadar, which allows followers keep track on decentralized apps (DApps) on the Telos network, was one of the most prominent integrations.

The Telos Foundation recently announced a partnership with BikeChain, a self-governing ride-sharing service that would use the Telos blockchain to execute all of its transactions.

DeFi and NFT DApps are now available.

The development of many new NFT and DeFi apps on the Telos network, which are helping to drive liquidity and users to the protocol, is a second reason attracting attention to the protocol.

OmniDEX, the first native decentralized exchange built on the Telos network, was just released on the network. The TelosPunks NFT project, the cross-chain NFT marketplace tofuNFT, the NFT social media tool APPICS, and the AristotleDAO DeFi protocol are among the new Telos initiatives.


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