Description
The Telos Foundation operates as an independent entity dedicated to the expansion and development of the Telos blockchain network, focusing on fostering its adoption and utility through educational, funding, and community engagement efforts. Anchored in the principles of high-performance, scalability, and cost-efficiency, the Telos blockchain supports smart contracts, dApp development, and a governance framework for network and project decision-making. Emphasizing sustainability and ethical practices, the Foundation aims to build an eco-friendly blockchain ecosystem conducive to DeFi applications, NFTs, and sustainable DAOs. Governed by a diverse board from various global locations, the Foundation ensures secure and responsible fund allocation through a multi-signature process on the Telos blockchain, highlighting its commitment to transparent and decentralized operations within the web3 domain.
The Telos Foundation operates as an independent entity dedicated to the expansion and development of the Telos blockchain network, focusing on fostering its adoption and utility through educational, funding, and community engagement efforts. Anchored in the principles of high-performance, scalability, and cost-efficiency, the Telos blockchain supports smart contracts, dApp development, and a governance framework for network and project decision-making. Emphasizing sustainability and ethical practices, the Foundation aims to build an eco-friendly blockchain ecosystem conducive to DeFi applications, NFTs, and sustainable DAOs. Governed by a diverse board from various global locations, the Foundation ensures secure and responsible fund allocation through a multi-signature process on the Telos blockchain, highlighting its commitment to transparent and decentralized operations within the web3 domain.
