Telos Community Votes Overwhelmingly in Favor of TEDP4 Proposal, Ushering in a New Era for the Telos Network
May 17, 2023
The Telos Foundation (TF) and the Telos Core Developers (TCD) are honored to announce the successful conclusion of the groundbreaking Telos TEDP4 Vote. This landmark event marks a pivotal chapter in our journey, demonstrating the extraordinary power of decentralized governance and the boundless potential of the Telos blockchain.
In an astounding show of unity, an overwhelming 99.46% of the votes cast affirmed the TEDP4 proposal, representing an unparalleled consensus among our dedicated community. This monumental support, represented by an impressive 61,869,171.3402 vote tokens, signifies a powerful collective endorsement of Telos’ bold vision for the future of the blockchain industry.
The TEDP4 vote embodies the ethos of “by the people, for the people,” transposed onto the digital realm. The world of blockchain is evolving at a breathtaking pace, with decentralized autonomous organizations (DAOs) reshaping the landscape. Power is shifting away from the hands of a privileged few, towards an inclusive, participatory global society where every voice matters, every vote counts, and every contribution makes a difference.
The Telos TEDP4 initiative, fueled by this empowering collective engagement, aspires to position Telos as a leading light in the blockchain cosmos, founded on two pivotal growth pillars: User Adoption and Infinite Scalability. The successful integration of these elements will be a testament to our community’s engagement and a cornerstone in the evolution of the Web3 space.
Our User Adoption strategy revolves around an exciting GameFi partnership that aims to bring a multitude of existing and new crypto users into the Telos fold. This move aims to position the Telos Network strategically to capture a significant share of the 100 million new gamers expected to come to the blockchain space in the next two years.
The Infinite Scalability pillar leans on the cutting-edge Telos Zero technology to support an unlimited number of Layer 1 chains. This pioneering model will catapult interoperability to unprecedented levels, creating a more interconnected and versatile blockchain ecosystem.
The TEDP4 vote transcends the decision on Telos’ future. It is an affirmation of faith — a faith in the power of decentralization, a faith in the collective wisdom of our community, and above all, a faith in our individual ability to influence the future of the Web3 world.
The successful conclusion of this vote heralds the rollout of several exciting developments:
- Announcement of a key strategic GameFi partnership
- Hiring of a leading zK technical resource
- Expansion of the marketing team
- Launch of a new Telos Network website
- An updated roadmap
- Release of the L0 Litepaper
These short-term deliverables serve as a blueprint for the transformative journey that Telos is poised to embark on. We are deeply grateful to every member of our community who participated in this vote, standing as a testament to the power and autonomy granted by the Web3 world.
To celebrate this momentous occasion, we invite all voters to claim a commemorative TEDP4 NFT at https://t.co/2ZrKEyaALH as a token of our appreciation.
Today, as we stand on the cusp of a new era, we are more confident than ever in our collective ability to shape the future of Telos, reimagine the blockchain industry, and forge a truly decentralized world.
About Telos Foundation and TCD
The Telos Foundation and Telos Core Developers (TCD) are dedicated to fostering the growth and development of the Telos blockchain network. Through collaboration and innovation, they are committed to making Telos the blockchain of choice for developers, businesses, and users worldwide.
Telos is a blockchain reimagining what’s possible. Telos is faster, cheaper, greener, and honest. We are leading the way for a better Web 3.