LONDON -- November 24, 2020 at 7 am EST -- Telos (www.telos.net), one of the most active blockchain platforms in the world according to Blocktivity, today announced an integration with leading crypto payment solution MoonPay to make the TLOS token available for purchase with fiat currencies in 162 countries and 46 U.S. states. Users can now purchase TLOS with zero fees using Visa, Mastercard, Google Pay, Apple Pay, Samsung Pay, or U.K. and SEPA bank transfer.
“Now for the first time, almost anyone in the world can join the thriving TLOS ecosystem with just a card or mobile payment thanks to MoonPay,” said Douglas Horn, Telos Chief Architect. “Holding TLOS allows users to engage in the Telos ecosystem, including proposing and voting on Telos Amend governance updates and Telos Works funding proposals that support blockchain technology development and adoption on our platform. TLOS is also a gateway to using the many innovative dapps on Telos.”
As the system token of the Telos blockchain network, TLOS is used for acquiring resources for DApps, voting for block producers, worker proposals, and on-chain governance. With this integration, purchasers can buy TLOS in countries including India, Brazil, Nigeria, Russia, Mexico, and Japan; and all U.S. states with the exception of Connecticut, Hawaii, New York, and Rhode Island. Tokens built on the Telos platform will also be available for purchase with fiat through this integration.
Founded in 2018, MoonPay makes cryptocurrency more accessible by solving the fiat-to-crypto on-and-off-ramp problem. MoonPay connects payment providers, banks, and cryptocurrency exchanges to streamline the buying and selling of digital assets. MoonPay also offers developer tools that help blockchain companies build seamless purchasing interfaces. Globally, hundreds of thousands of people have used MoonPay to buy BTC, ETH, EOS, LTC and other top cryptocurrencies.
“At MoonPay, our mission is to make buying and selling crypto as seamless and intuitive as possible — helping trusted partners like TLOS build their communities faster,” said Ivan Soto-Wright, CEO at MoonPay.
To purchase TLOS using MoonPay, please visit https://www.telos.net/buy.
Telos is a high-capacity network and one of the most active blockchain platforms in the world according to Blocktivity. Telos features a robust, third-generation blockchain governance system including advanced voting features and smart contracts that can be fully configured to meet the needs of any developer. Created by developers, for developers as a global grassroots project, Telos is one of the most decentralized blockchain platforms in existence. Telos Decide™ extends the chain’s state-of-the-art blockchain and governance features to all DApps on its platform, delivering the best user experience in the marketplace. Telos also supports the blockchain ecosystem by serving as an incubator and accelerator for decentralized applications through community voted development grants.
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MoonPay is the payment infrastructure layer for crypto, making it quick and convenient to convert between fiat currencies and cryptocurrencies using every major payment method globally: credit and debit card, bank transfer, Apple Pay, Google Pay, and Samsung Pay. Their on-and-off-ramp suite of products services more than 160 countries and is trusted by more than 250 leading wallets, websites, and applications to accept payments and defeat fraud.