Telos is excited to share that Artik is officially a part of the Telos Ecosystem ! Read more about the project, what they have in store, and why this is an excellent addition to the Telos Ecosystem.
The project is deployed on the Binance Smart Chain (BSC). The team is focused on building a platform that allows investors to make suggestions, discover, and vote for new and high-potential projects.
From the project’s Light Paper, the founders revealed that their vision is to create a safe ecosystem that fosters financial independence through the seamless discovery of deserving and high-potential crypto projects before they gain traction and become mainstream.
Once a project is selected, $ARTK token holders who participated in the weekly voting competition will be rewarded with tokens of the selected project.
The team identified that the BSC space is crowded with noise and scams, and investors need a safe space to work together. It is an ecosystem where investors help each other find the best projects. ARTIK does not only benefit the investors; all projects living on the Platform will also enjoy visibility.
Artik thrives on a win-win partnership with all listed projects. Therefore, the team will leverage the community of every new listed project to grow exponentially. Additionally, all listed projects will be provided with Artik’s social media banners, videos, and AMA spaces within the telegram group. These actions help increase the reach and visibility of Artik to multiple investors within the BSC space.
First, the Artik team will select different projects from various categories (e.g., Metaverse, Gaming, DeFi, etc.). Once the selection process is concluded, Artik’s ($ARTK) holders will be able to vote for their favorite projects within the ecosystem. Every week, the most voted project will be selected as the winner, and 6% of the taxation fees will be used to purchase its tokens. Finally, Artik’s Smart Contract will be initiated to send an airdrop bearing the tokens of the successful project.
As token holders search and discover new innovative projects, they will earn passive income. The voting competition takes place only on the Artik App. Therefore, it is important to hold the $ARTK token, as it will be the passcode to participate and earn weekly airdrops of the best projects voted by the community members.
Telos is a revolutionary technology; its speed and scalability make it the next big gem to keep an eye on.
Brex — Artik CEO
Telos Blockchain (Tlos) is a 3rd generation innovative contract platform that offers compatibility with Solidity, Vyper, and Native C++ intelligent contracts, providing full EVM/Solidity support and a fee-less native smart contract layer in which the EVM is built. Telos’ performance is unrivaled in the industry and was purpose-built to offer speed, scalability, cost-effectiveness, decentralization, and end-user fairness. The network can sustainably support hundreds of millions of transactions per day, produces blocks in 0.5-second intervals on a first-in-first-out basis (eliminating frontrunning on the web), offers a fee-less native, and low per transaction cost EVM (<$0.10), and a fully decentralized block producer network.