Telos (TLOS) coin issuance price

Telos (TLOS) is a high-performance blockchain platform designed for decentralized applications, issuing TLOS tokens through various mechanisms and distributions, including a pre-ICO, seed sale, ICO, vesting periods, and community outreach.

Dec 20, 2024 at 10:36 am

Key Points of the Article:

1. Telos (TLOS) Coin Issuance Details and Mechanisms
2. Pre-ICO and Seed Sale: Distribution and Pricing
3. Public ICO: Token Allocation and Price Determination
4. Post-ICO Token Distribution: Vesting Periods and Unlocking Schedule
5. Telos Wren Distribution and Community Outreach

Telos (TLOS) Coin Issuance Price

Telos (TLOS) is a high-performance blockchain platform designed for decentralized applications (dApps). The coin issuance process for TLOS is a crucial aspect that determines the initial value of the token and its accessibility to the community.

1. Pre-ICO and Seed Sale: Distribution and Pricing

The pre-ICO and seed sale of TLOS tokens were held prior to the public ICO. These private offerings allowed early investors and strategic partners to acquire TLOS at a discounted price.

• Pre-ICO: Held in January 2018, the pre-ICO distributed 25% of the total TLOS supply. Tokens were sold at $0.005 per TLOS.
• Seed Sale: Conducted in March 2018, the seed sale allocated 5% of the TLOS supply. Tokens were sold at $0.01 per TLOS.

2. Public ICO: Token Allocation and Price Determination

The Telos public ICO was held in May 2018 and raised over $25 million. The total token supply was 1 billion TLOS, and the ICO price was set at $0.05 per TLOS.

• Token Allocation: The distribution of ICO tokens was as follows:

  • 50% (500 million TLOS): General Sale
  • 25% (250 million TLOS): Community Development Fund
  • 15% (150 million TLOS): Team and Advisors
  • 10% (100 million TLOS): Ecosystem Fund

3. Post-ICO Token Distribution: Vesting Periods and Unlocking Schedule

After the ICO, TLOS tokens distributed to investors and participants were subject to vesting periods and an unlocking schedule. The vesting schedule was implemented to prevent excessive selling pressure and ensure the stability of the token's value.

• General Sale: 50% of the tokens were vested for 12 months with a monthly unlocking of 8.33%.
• Community Development Fund: Tokens were vested for 36 months with a quarterly unlocking of 25%.
• Team and Advisors: 15% of the tokens were vested for 24 months with a quarterly unlocking of 12.5%.
• Ecosystem Fund: 10% of the tokens were vested for 36 months with a quarterly unlocking of 8.33%.

4. Telos Wren Distribution and Community Outreach

In addition to the ICO, Telos introduced a token distribution program called Wren. Wren is a decentralized peer-to-peer referral program that rewards users for promoting and contributing to the Telos ecosystem.

• Wren Referral Program: The Wren referral program allows users to earn TLOS tokens for referring new members to the community. Referral bonuses are paid in both TLOS and Wren tokens.
• Wren Staking: Users can stake their Wren tokens to earn rewards and support the operation of the Wren network. Staked Wren cannot be sold or transferred but earns compound interest over time.

FAQs

• How many TLOS tokens were issued during the ICO?

  • 500 million TLOS were sold in the ICO.

• What was the price of TLOS during the ICO?

  • The ICO price was $0.05 per TLOS.

• When did the public ICO take place?

  • The Telos public ICO was held in May 2018.

• How much of the total TLOS supply was sold in the ICO?

  • 50% of the total TLOS supply was distributed in the ICO.

• What was the purpose of the Wren distribution program?

  • The Wren distribution program was designed to reward community members for their contributions and promote the adoption of TLOS.