Telos April 2023 Recap
In April, the Telos team embarked on a global journey, attending prestigious conferences such as NFT BC and Consensus 2023. These events played a pivotal role in bolstering our established partnerships and forging new alliances, contributing to the growing influence of the Telos Network in the Web3 community.
As our network continues to expand, we welcome new ecosystem partners, drive innovative marketing campaigns, and foster a heightened awareness of the Telos Network within the web3 space.
Recently, our attention has been riveted on GameFi, a rapidly evolving sector where we’re making significant strides. A testament to this focus was the ‘Powered by Telos GameFi edition’ Twitter space panel, which garnered an impressive audience of 2.4K listeners! With its remarkable speed, responsiveness, and minimal transaction costs, Telos is increasingly becoming the preferred blockchain for GameFi.
In this article, we invite you on a journey through April’s milestones and highlights, offering an in-depth recap of the Telos team’s endeavors during this busy month. So, without further ado, let’s dive right in!
In April, the Telos Core Developers (TCD) continued their relentless pursuit of improving the Telos ecosystem, achieving significant milestones across several critical projects. Their accomplishments are as follows:
Core Telos Blockchain
- LEAP: Progress was made on the substitution plugin, with fixes made to memory violations at runtime and improvements to performance.
Telos EVM
- Telos EVM-Docker: The Hyperion build was fixed, and the repository was secured and made public. This allows the community to benefit from containerized local EVM development and the building of automated tests.
- Telos EVM ElasticSearch Indexer: A bug related to logs bloom was identified and fixed.
Teloscan & dApps
- Teloscan: The team identified issues in Teloscan that could only be resolved by deploying version 1.5. The focus moving forward is on releasing this version to improve the quality of Teloscan.
- Teloscan-indexer: Work is ongoing on the Price API for creating an Etherscan-like Token List and serving prices to the Telos EVM wallet.
- Telos Wallet: The team has made considerable strides in enhancing user experience on the Telos Wallet platform. They have successfully integrated a token balance API that allows users to view their real-time account balances, and balances are now sorted by fiat balance first, followed by token balance. The send page has been visually redesigned to improve user experience, and token sending capability has been enabled. The receive page now generates a QR code for the account address logged in, making it easier for users to share their information. A wallet transaction row component has been added to the wallet transactions view, improving tooltip behavior and ensuring that transaction rows match the design on both mobile and desktop screens.
Moving forward, the TCD team’s priorities include:
- EVM Ecosystem User Experience: Improvements will be made in onboarding, sending, receiving, checking balances, and wrapping/unwrapping TLOS (Telos).
- 1.5 EVM contract: The team is focused on this contract’s implementation.
- Node Operator Support: Providing more robust support for node operators is a key priority.
- 2.0 EVM contract: The team will also be working on the implementation of this contract.
- Teloscan Etherscan API: The team is working on this API to improve the Teloscan service.
- Telos EVM Wallet: The team plans to add Staking, Revoke, and NFT features to the wallet.
Overall, the TCD made significant progress in April, enhancing core features and improving their product offerings. The focus remains on improving the user experience, making Telos more accessible, and addressing key technical issues.
In April, the marketing team at Telos continued with ongoing community-driven initiatives and AMA sessions, which have consistently garnered positive reception from our dedicated community. The Telos Foundation made a noteworthy appearance at Consensus 2023, a pivotal event that proved instrumental in bolstering our existing relationships, while simultaneously paving the way for fresh partnerships within the rapidly evolving web3 arena.
During Consensus, we had the privilege of hosting an exclusive gathering, where we articulated our forward-looking vision for Telos as an integral layer zero platform. As we continue to navigate through this digital landscape, the marketing team at Telos remains dedicated to building global awareness of the remarkable Telos Ecosystem. We are steadfast in our pursuit of positioning Telos as a leading player in the blockchain space, committed to providing an inclusive, decentralized, and innovation-driven environment for all.
Marketing Highlights:
- Launch Spaces with Swapsicle: Our joint AMA series with Swapsicle is in full swing, spotlighting an array of innovative projects that are meticulously crafted and launched on the Telos blockchain via the robust Swapsicle Launch Platform. In the vibrant month of April, we had the privilege of showcasing two trailblazing ventures, 8Bit Arcade and Fortis Wallet.
- The successful completion of Season 2 of the Telos Zealy: This initiative has amplified community interaction and ecosystem involvement by incentivizing our most dedicated community members. Through ‘Quests’, participants had the opportunity to earn points and vie for top positions on the leaderboard, ultimately reaping substantial rewards. The excitement doesn’t end here though — we’ve recently embarked on Season 3, which boasts an array of innovative quests and an even more rewarding prize pool! Get ready to engage, compete, and thrive in this new thrilling season.
- Telos Weekly: We’ve continued to roll out our informative Telos Weekly series on YouTube as well as our Telos Weekly Express Newsletter on Twitter.
- Telos Attends Consensus 2023: This month we attended Consensus 2023! The Telos Team had the opportunity to meet with fellow industry experts at this noteworthy convention in Austin Texas. Make sure to check out our new Consensus Recap article where you can follow our journey at Consensus 2023.
- Powered by Telos Panel: GameFi V2: In April we ran our most successful twitter space yet with 2.4k listeners tuning in — The Powered by Telos Panel GameFi edition 2. This panel brought together projects that are building or looking to build on Telos, discussing the latest developments in the web3 gaming space and more.
- Telos Thursday Talks: We’ve continued our Telos Thursday Talks Series hosted weekly on the Telos Discord Server.
- Telos Digital Collectible Show: As of April, we have launched an exciting recurring series dedicated to exploring the vibrant Telos NFT ecosystem. The Telos Digital Collectible Show, scheduled to air every Wednesday, invites community members to partake in rich discussions centered around NFTs and the talented artists making waves on the Telos platform. This show promises to be an interactive hub, fostering appreciation for digital art and strengthening the ties within our thriving Telos community.
Throughout the month of April, the Telos Business Development team successfully established several new partnerships that are set to significantly enhance the Telos ecosystem. These partnerships include:
NeftyBlocks — Whether it’s buying, selling, creating, trading — you can do it all on NeftyBlocks, now LIVE on Telos! NeftyBlocks robust platform offers creators and traders alike a plethora of ways to enter the world of digital collectibles and keep up to date with new and exciting drops! This partnership only goes to prove that the NFT experience on the fairest, fastest blockchain is only getting better.
Good Games Guild — Our investments into becoming the present and future of Web3 Gaming have just taken another big step, as our partnership with Good Games Guild serves to further the overall experience for gamers on the network. Their work towards furthering the infrastructure of Web3 Gaming falls right in line with our ethos, and we are proud to support GGG and their platform GGPlay with success in the ecosystem.
Forward Protocol — One of the difficult parts about blockchain development can be the coding itself, and Forward Protocol is a solution that aims to help mitigate those barriers. They bring a simplicity to deployment that allows individuals and organizations with less coding experience to enter the blockchain ecosystem and pairs the security and reliability of Telos with Forward’s user-friendly solutions.
Izumi — Izumi has brought an innovative multi-chain service to the Defi world with the Liquidity-as-a-Service solution, and we’ve partnered with them to help bring their ecosystem alongside ours at Telos to create a powerhouse! Telos will be integrated into the iZiSwap platform, and our conjoined efforts will only serve to bolster the Defi landscape for the future of the network.
Assetux — Access to the Telos ecosystem just got easier with our partnership with Assetux, providing more ways for users all around the world to purchase TLOS $ easily and conveniently and get right into the experience of the ecosystem.
As spring sweeps over us, it’s been another bustling month at the Telos NFT department. We’ve been immersed in a series of events, stirring initiatives, and innovative additions, all aimed at bolstering Telos’ prominence as a formidable contender in the NFT industry.
Our month kicked off with the Artist Search Program, an ongoing collaboration with Launchifi. From the plethora of participants, the shortlisted artists stand a chance to receive the esteemed Telos NFT Artist Grant. Alongside this, we’ll be putting a spotlight on these talents, showcasing their innovative approach to our supportive community.
April was also marked by the much-anticipated launch of Swapsicles’ NFT project — the Ice Cream Zombies Club. This novel, intriguing endeavor redefines what an NFT project can contribute in terms of everyday utility, fusing this with the dynamic development underway on Telos’ premier DEX.
April was also marked by a successful collaboration with @token.art, where we encouraged users to display their digital assets using the app on Twitter. The incentive? A cool $100 prize for flexing their favorite Jpegs.
The NFT department has now instituted a weekly show, scheduled every Wednesday at 16:30 UTC. It’s already off to a brilliant start, serving as an excellent platform for our team to discuss the latest happenings in the NFT space. It also offers a stage for artists to present their work or share their creative journey with an enthusiastic audience.
Our team also made a strong showing at the 2nd annual NFTBC. Team members — The Big Gooey, Vaz, and BasedJake — represented us at this two-day event held in the heart of beautiful Vancouver, Canada. The conference provided a refreshing perspective with speaker panels, artist activations, and engaging workshops. This event proved to be a hotspot for meaningful connections and networking in an intimate setting.
As we navigate the evolving landscape of NFTs, we remain committed to exploring new frontiers, fostering artistic talent, and driving innovation in this exciting domain!
April brought a wave of volatility to the markets, with various ups and downs. Amidst this volatility, Telos (TLOS) has shown remarkable stability, demonstrating its resilience in the face of market fluctuations. Throughout the month, the Telos DeFi space has witnessed significant movements in liquidity and exciting announcements, reaffirming its position as a dynamic and innovative ecosystem. From new projects and partnerships to groundbreaking developments, the Telos DeFi community has been buzzing with anticipation and enthusiasm.
The launch of perpetuals signifies a major milestone in the evolution of the Telos ecosystem, attracting traders, investors, and enthusiasts alike. We believe that perpetuals will not only enrich our decentralized finance offerings but also foster greater engagement and participation within our vibrant community.
Get ready to seize new trading opportunities, diversify your investment strategies, and explore the dynamic world of perpetuals on the Telos network. Stay tuned for more updates, guides, and exciting developments as we embark on this groundbreaking journey together. Join us as we usher in a new era of trading possibilities with perpetuals on Telos!
Some of the key highlights from April are:
- Swapsicle took the top position in terms of TVL
- Improved governance and clear structure of the L&E team. We now have Brian Tse and Ajinkya Jagtap in addition to TF executives as part of the oversight committee. Also, Brian comes with extensive experience in crypto accounting and record keeping, he will be working to validate all the reports moving forward.
- Some exciting infra partnerships coming soon to help grow our DeFi ecosystem
- Announcement of perpetuals launch from Omnidex team.
- New projects soon to be announced from Telos Boost program. So far 10 applications have been received (4- Rejected, 6- Approved, 1- Ongoing).
- 40+ projects in the DeFi/Infra deal flow.
- Ongoing discussions and evaluation work with top-tier exchanges.
L&E Finances:
- We currently have ~$6.5 million in assets and 50% is in TLOS token.
- A total of 376442 TLOS from the Telos Fuel Fund is utilized during the month of April covering salaries & expenses, liquidity incentives to Archly, Swapsicle, Omnilend and Apeswap.
- Snapshot of L&E funds (as of 30th April 2023):
Conclusion
As we draw the curtain on this recap, it’s abundantly clear that April 2023 has been a whirlwind of activity for the Telos Network. From our impactful presence at key industry conferences to the tireless efforts of our Telos Core Developers in refining our ecosystem, our passion for growth and innovation is unmistakable.
Our foray into the burgeoning GameFi sector has been fruitful, underscored by the success of the ‘Powered by Telos GameFi edition’ Twitter space panel. With its impressive speed, responsiveness, and cost-efficiency, Telos is increasingly carving out a niche as the go-to blockchain for GameFi.
Our business development team has been hard at work securing strategic partnerships, further fortifying the Telos ecosystem. Through collaborations such as NeftyBlocks for NFT enthusiasts and Good Games Guild for the gaming sector, we’re ensuring that Telos remains at the forefront of blockchain innovation.
Simultaneously, our NFT department is making waves with initiatives like the Artist Search Program, weekly shows, and creative collaborations. These efforts, aimed at nurturing talent and driving innovation, have consolidated Telos’ position in the NFT industry.
Despite the ebb and flow of market volatility, Telos has demonstrated commendable resilience. Our DeFi space has experienced significant liquidity movements and exciting announcements, reinforcing our position as a dynamic and forward-thinking ecosystem. The launch of perpetuals marks a significant milestone, ushering in a new era of trading opportunities and diversified investment strategies.
In wrapping up this recap, it’s evident that April was a month teeming with progress, innovation, and exciting developments. We remain unwavering in our mission to make Telos the blockchain of choice for users, partners, and developers alike. We are incredibly grateful for your continued support and invite you to join us as we continue to shape the future of the web3 landscape. Keep an eye out for more updates as we continue our exciting journey in this fast-paced digital world.
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