Telos Network Q4 2023 Recap

January 13, 2024
min read

Greetings, Telos Community!

As Q4 2023 comes to a close, it's time to celebrate our achievements and set our sights on an even brighter future. In this update, we're thrilled to share our key milestones of Q4 2023 and a sneak peek into what 2024 holds for the Telos Network.

🌟 Major Highlights of Q4 2023

  • 🗺️ Telos Roadmap 2024/25 Unveiled: We're proud to announce our ambitious roadmap for 2024/2025. It outlines our focus on four key areas: Telos Zero & EVM, the Scalable Proof Protocol, the ZK EVM Gaming Side Chain, and Blockchain as a Service. Discover more in our detailed roadmap and Town Hall live stream recaps on the Telos Blog.
  • 🆕 Brand New Look: Our dynamic rebranding and revamped website mirrors the evolving spirit of Telos, marking a new chapter in our journey.
  • 💰 DeFi Ecosystem Revitalization: The Telos DeFi relaunch series brought an array of top-tier projects, revitalizing our ecosystem and setting new standards in decentralized finance.
  • 🌏 Expansion into Southeast Asia: With TLOS now listed on Coinstore, we're making strides in markets like Japan, Korea, Vietnam, Thailand, India, the Philippines, and Indonesia.

🌐 New Integrations and Partnerships

Telos Network Q4 2023 New Integrarions

DeFi Innovators:

NFT & Gaming Trailblazers: 

Infrastructure & Tooling Pioneers: 

🏛 The Telos Guardians:

During the past quarter, the Guardians devoted a significant amount of time to the search for a new CEO, details of which can be found in the medium article.

Upcoming Elections

There will be 3 Guardian seats up for elections. The nominations have begun from January 5th and voting will be live from 11th January 2024.
There are a few different ways that you can get involved in the election process:

Learn more about the role and what we do here.

🚀 Looking Ahead to 2024: A Year of Transformation

The year 2024 marks a pivotal era of innovation for the Telos Network, beginning with a dynamic start in Q1. We unveil our ambitious Scalable Proof Protocol whitepaper and expand our team, setting the stage for a year filled with groundbreaking developments. Our commitment to enhancing scalability and privacy takes center stage in Q3 with the debut of our first application, leading to the exciting Q4 launch of the Scalable & Privacy-Enabled ZK SPP V1.

Parallel to these developments, the Telos zkEVM Gaming Chain, or K2-18, is poised for significant evolution. The initial months of 2024 will see the unveiling of K2-18's branding and whitepaper, a move designed to deepen user engagement. This momentum continues into Q2 with the introduction of dedicated websites for Tekika (our upcoming flagship NFT collection) and K2-18, further enriching the user experience. The third quarter promises the unveiling of the MVP and innovative bridging capabilities. This crescendo builds into Q4, where we will expand the utility layer enhancing the Telos gaming experience.

Complementing these advancements, our EVM + ZERO initiative will undergo substantial progress. The integration of OFT Standards into our bridge in Q1 marks a critical step forward in our network's interoperability. This is followed by a significant network upgrade in Q2 with the launch of the OBE API and the advanced EVM 2.0.

In essence, 2024 is set to be a transformative year for Telos, each quarter unfolding new chapters of growth and technological excellence, solidifying our stance as a leader in the blockchain arena.

💰 Telos Foundation and TCD Q4 Expenditure:

Telos Network Q4 2023 Expenses - Salaries
Telos Network Q4 2023 Expenses

🌟 Final Thoughts

As we step into 2024, we are positioned for groundbreaking advancements. Each quarter promises exciting developments, fortifying Telos Network's role as a blockchain technology frontrunner. We are immensely grateful for your support and belief in our vision. Together, we're set to reach new heights and redefine blockchain technology's potential.

🟣 Stay Connected

That's a wrap for Q4 2023! Thank you for your unwavering support and for being an integral part of this thrilling journey. We're eager to soar to greater heights in Q1 2024, with plenty in store for the Telos community.

Stay updated and sign up to our new mailing list for exclusive alpha and more here!

Warm regards,

The Telos Foundation Team

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The content provided in this article is for informational purposes only and should not be construed as financial or investment advice. Always conduct your own research and consult with a professional before making any financial decisions. Cryptocurrency investments along with other asset classes can be volatile and can result in potential losses. Always use caution, practice due diligence, and never invest capital you cannot afford to lose. Remember to always maintain the security of your accounts, use strong passwords, enable two-factor authentication, and be wary of phishing attempts. Stay safe and invest responsibly.

About The Telos Foundation
Telos is a growing network of networks (Layer 0) enabling Zero Knowledge technology for ultimate scalability and privacy to support all industries and applications. The expanding Telos ecosystem includes over 1.2 million accounts, hundreds of partners, and numerous dApps. Launched in 2018 Telos is known for its impeccable five-year record of zero downtime and is home to the worlds fastest Ethereum Virtual Machine, the Telos EVM. Telos is positioned to lead enterprise adoption into the world of borderless Web3 technology and decentralized solutions.