Time for our monthly recap of all the exciting news from May and special look at some of the upcoming initiatives to look forward to in the coming weeks!
Welcome to the Telos Foundation monthly newsletter for May 2021. We’ll be going through some of the major milestones from the last month, as well as giving you some upcoming news and events from within the Telos ecosystem.
If you’re short on time click here to jump down to a summary of the newsletter. Telos would not exist without its active community, so we thank you for taking the time to catch up on these updates and encourage our readers to get involved in one of the following ways:
Telos Foundation Board Elections
The Telos Foundation board elections are coming up fast and we want to make sure the community is both informed and involved. Governance is a major part of the Telos ecosystem, making this event even more important for everybody who’s passionate about Telos. Elections will have a big impact on the future direction of the Foundation, so we want to encourage anyone who’s interested to consider running for a board seat. Learn more about the elections and how to get involved below:
New Website Sneak Peek
The Website Team is continuing to work away at the new Telos website, and we’ve seen some extremely promising progress in recent weeks. The official launch date is still to be announced but you can check out the sneak peek below and get an idea of just how epic this new facelift will be for Telos.
June is going to be an exciting month for apps built on the Telos blockchain. We’ve got some special news coming soon that we can’t wait to share! In the meantime, we’re making June the Month of Apps by launching our #BuiltOnTelos campaign. We’ll be highlighting a different integration of the Telos blockchain every day on our Twitter for the next 30 days. Be sure to follow us on Twitter in order to stay in the loop on this campaign as well as all other news from within the Telos ecosystem.
Liquidity & Exchanges
TLOS Launched on KuCoin!
One of the most exciting events from the past month was TLOS getting listed on KuCoin. KuCoin is a major exchange, used by 1/4 of crypto holders worldwide. So, being listed on an exchange of this caliber will have a massively positive impact on the Telos ecosystem! This milestone is thanks to months of dedication from the Liquidity & Exchanges Team, as well as many others in the Telos community. Learn more about the launch details in our official announcement.
If that wasn’t enough excitement, Telos will be featured in an upcoming AMA with the KuCoin community. Stay tuned for the official date and watch for more details coming out soon!
TLOS Hit New ATH!
Between the listing on KuCoin, new adopters and growing recognition, this May saw a ton of growth both in liquidity and price action, with TLOS hitting new all-time highs on multiple exchanges. This growth marks yet another turning point for Telos, and we want to thank the entire community for making it possible. We’re extremely grateful for the enthusiasm and support that the community has shown for Telos, and we are looking forward to the many new opportunities that will continue to come our way.
FarmingBad Pool Has Ended
We would like to make a note to our community that the FarmingBad pool officially ended this month. As with all DeFi, there are always risks involved in utilizing these types of tools. This has become apparent with FarmingBad, as there are unexpected errors in the contracts that the pool is built on. Most noticeably, the UI is not showing that the pool has ended, even though the contract is no longer receiving funding. In addition, there have been reports of users having issues retrieving their earned TLOS upon withdrawal.
Whilst all LP funds appear unaffected, we encourage our community to consider withdrawing their LP tokens to avoid any unnecessary risk. Users who have experienced issues are encouraged to get in touch with the FarmingBad community. The Liquidity and Exchanges Team has begun looking into new farming opportunities for the community to utilize.
Telos EVM Sneak Peek
Over the course of the past month, we released several sneak peeks at the upcoming Telos Ethereum Virtual Machine (EVM). If you haven’t yet, be sure to check them out to learn about why the Telos EVM will be the most powerful and revolutionary EVM on the market.
In Part 1 we looked at what the Telos EVM is, learned about its biggest strengths, and even got a demonstration of how MetaMask interacts with it. With Part 2, we got some backstory on the history of the Telos EVM and watched the newly built block explorer in action! Finally, Part 3 went over the EVM Roadmap in more detail and gave a demonstration of the first test app running on the Telos EVM, as well as the cross-communication features between Telos Native and Telos EVM.
The Telos EVM team has been making amazing progress with the tasks laid out in our EVM Roadmap. We’ve been keeping the community up to date on all this work in our bi-weekly technical updates. If you haven’t seen our last update, you’ll want to check it out right away. Only a couple of tasks remain before we unlock Milestone 3 and begin the process of launching on mainnet. We hope you’re just as excited as we are!
New Web Portal
To help new investors, developers and enthusiasts get familiar with this project, we launched a brand-new Telos EVM web portal. If you want to tell your friends all about how epic the Telos EVM is but don’t know where to start, this is the page to send them too! It’s also a great place to visit and read up on the latest news from the Telos EVM team!
New Marketing Team!
This past month we released an in-depth Marketing Update that gave details on our recent marketing initiatives. These included a new Lead of Marketing, partnerships with DAOMaker & Guerrilla Buzz, SEO Initiatives, Content Marketing, Outbound Marketing, Partnership Building and more! Check out the full update for more details. Also, stay tuned for Part 2 where we’ll take a more in depth look at how all these separate projects fit together into a bigger marketing strategy.
Shortly after publishing this update, we brought on yet another team member, Michael Anastasi, as our Director of PR & IR. Some of his key responsibilities include assisting in messaging and management of PR firms, as well as assisting in onboarding investors. With two decades of successful entrepreneurship and experience building several multimillion-dollar companies from the ground up, Michael is a valuable addition to the Telos Foundation team.
Notable Marketing Metrics
Although this new marketing team has only been in place for a few weeks, we’ve already seen a ton of success from these new efforts. Below are some of these noteworthy increases across various marketing streams and community platforms over the course of the past month:
- Telegram members up over 22%
- Weekly active users up over 200%
- Weekly messages sent up over 250%
- Twitter followers up over 25%
- Weekly engagement up over 200%
- Reddit followers increased over 30%
- Organic search traffic increased over 30%
These are just some of the notable metrics we’ve been looking at to track the success of our marketing efforts. We should also note that the support we’ve received from the community is one of the biggest reasons for our success. In particular, the Telos Seals community marketing initiative has played a huge role in getting the word out about Telos.
Please continue to like, comment and share all the messaging released from the Telos Foundation and others in our ecosystem. It might not seem like much at the time, but it’s making a huge difference!
Join us every week for Telos Tuesday AMAs, where we get to know more about the many exciting initiatives going on within Telos. These events have been a major success in our first month and we’ve already booked some exciting guests for the next 3 weeks. More details below:
- dStor: June 1st at 17:00 UTC
- Destiny World: June 8th, at 17:00UTC
- Telos EVM Team: June 15th, time TBA
Be sure to follow us on Twitter to stay in the loop on details surrounding these epic AMAs and how to get involved.
Below are just a few of the many noteworthy features Telos received from various news and media outlets in the past month:
- Coinspeaker: Several Top Brands Tap Telos for Building Real-World Blockchain Applications
- Hedgeweek: Telos announces TLOS listing and commencement of trading on KuCoin exchange
- Crowdfund Insider: High-Throughput Blockchain Telos Reveals that its TLOS Token Is Now Listed on Crypto Exchange KuCoin
- CoinCheckup: Telos Blockchain: Why It Appears to be Undervalued
- IHODL: How Telos Became More Scalable And Versatile Than Other Prominent Blockchains
- Dapp Radar: What is Telos: A simple explanation
- Hacker Noon: History Shows Us That You Foster Adoption By Dropping Barriers to Entry
May was one of our busiest months yet with tons of exciting milestones being met and plenty of growth across the entire Telos ecosystem. If you didn’t have time to read the entire newsletter, here are the major takeaways:
- Telos Foundation board elections are coming up and anyone interested should run for a seat!
- June has some exciting news in store for dApps built on Telos.
- TLOS has launched on KuCoin and hit new all-time highs!
- FarmingBad pool has ended. Traders should make note of contract issues and potential risks.
- The Telos EVM is getting extremely close to mainnet launch!
- As marketing efforts continue to grow, we’re already seeing notable success from these efforts!
- We have several epic AMAs planned for the community! Next up is dStor on June 1st!
Get Involved with Telos
As we work toward mass adoption, Telos continues to welcome partners operating in every area of the industry and if you want to get involved, we’d love to hear from you! We’re consistently looking for innovative projects, industry partners, new investors and everyone else in between. If this sounds like you, drop us a line here!