Telos has quite the presence in the crypto market, where it is traded as TLOS token utility on the Bitcoin and Ethereum blockchain. TLOS token utility is currently trading number one in the crypto market, with an account base of 900,000+. Due to TLOS popularity mainly on the Bitcoin and Ethereum blockchains, its demand is expected to be steady even in future. TLOS aim to provide fast, scalable, decentralised finance.
Briefly about Telos
How can Telos be described? You can describe Telos as a decentralised computing network that a scalable smart contract blockchain and TLOS cryptocurrency powers while running on EOSIO software. It launched its mainnet in December 2018. Just like Bitcoin, it has developed an impressive world-class blockchain with an abundant amount of original code development. It has achieved this without raising funds in any form of Initial Coin Offerings(ICO) or sale of the token.It has made it popular amongst cryptocurrencies.
Fast, Scalable, Decentralised Finance is here with Telos.CryptoLists.com
It is a force to be reckoned with in the blockchain arena, a third-generation platform that allows developers to create apps with low payment of transaction fees. The creation of Telos aligns with the goals of empowering future economies, aiding in solving world problems, and offering organizations innovative solutions for their growth.
Utility of Telos?
TLOS is decentralized with governance protocols that are led by the community. It includes recovering your keys for compromised EOS accounts. There is also an arbitration in reclaiming lost or stolen tokens.
In addition, it offers feeless transactions which is a great attraction to many. The Telos blockchain offers dApp developers 0.5 second block times and 1000 transactions rates per second. The Telos network is significantly energy efficient compared to other blockchains such as Ethereum.
The platform rewards users staking their tokens by issuing them more TLOS for every day they stake. You can also stake for resources such as CPU or NET.
Telos created the Telos Ethereum Virtual Machine(EVM) empowers organisations to have a more collaborative and transparent model for decision making. In the Telos EVM, developers enjoy the following benefits:-
Faster block times
Cost efficient transactions
Telos Price detailsERC20 Contract address: 0x7825e833d495f3d1c28872415a4aee339d26ac88
›› TLOS tokenomics and social media
Advantages at Telos+ Access to decision-making processes on Telos.
+ Access to projects deployed on Telos.
+ No burden of transactional fees for utility token stakeholders.
+ Telos’ Resource exchange program.
Disadvantages- The issue of scalability brought by other competitors like VISA.
- Absence of regulation systems with the banks & federal government.
- Presence of risk of inflation & high volatility.
Costs▪ Rated at 10/10
The logarithmic formula used by Telos is based on the current TLOS token utility price. The formula aims payment of USD 12k at a TLOS token price of $1USD, ensuring the balance of token prices even when inflation occurs. The token will be available for purchase using fiat currencies, and Monday will be the payment solution provider. Users can purchase the tokens for free using Mastercard, Samsung Pay, Google pay, Visa, Apple Pay and SEPA bank transfers.
Reputation and Buzz▪ Reputation rated at 9/10
▪ Buzz rated at 8/10
The buzz around Telos is brought by its fast-paced growth and the unique way it took off without any kind of funding. In addition, Telos has created an excellent reputation with developers based on their non-existent transaction fees. The platform has popularity with over 100 projects created in it and an exceeding 900,000+ user accounts created with interest in the TLOS token utility. Even in future times, Telos will still be on top.
Some of the developers involved in Telos▪ Rated at 9/10
The logos below represent some of the developers who have been involved in Telos. Check out the developer about page, by clicking the logo. There you can see what coins they have developed and at what exchanges, brokers and trading platforms their coins are available.
What blockchain does Telos use?
It uses a third-generation blockchain platform to build fast and scalable distributed applications. The blockchain runs on the EOSIO software. It uses the enhanced version of the Decentralised Proof of Stake (DPOS).
How to buy Telos Coins
There are several cryptocurrency exchange platforms that have listed the Telos coin. If you are interested in buying the Telos coin, you have to acquire Bitcoin. The following are steps in acquiring Telos Coins:
Create an account on an exchange platform
Buy bitcoin on the exchane platform
Transfer your crypto to an Altcoin Exchange that allows Telos coin
Deposit BTC to the exchange
Where to buy TLOS tokens
The following are some of the exchanges to buy TLOS
What is the highest value Telos ever had?
According to the latest statistics, TLOS had an all-time high value of 0.9659 GBP on 16 November 2021 before turning down again.
Is TLOS a good investment?
TLOS may be a good investment - all depends on your time horizon, your risk level and current portfolio. Obviously, how Telos develop over time over the long run is also crucial. According to a website called Walletinvestor, the price of TLOS can rise to 1.920 USD in one year and 6.751 USD in the next five years. Beware that it's always risky to invest in cryptocurrencies and you may loose all the invested money, so never invest more than you can afford to loose.
Is TLOS on Coinbase?
Coinbase does not support Telos, but there are many other platforms where you can trade TLOS instead.
Screenshots from Telos
More sites where to buy/sell/trade TelosBelow you can see some other platforms, exchanges and/or brokers where you can buy, sell or trade this coin. Click on the logo to read our review.
Telos details and tokenomics
BSC Contract address: 0xb6c53431608e626ac81a9776ac3e999c5556717c