Paris, France, March 11, 2024, Chainwire
The Telos Foundation today announced a new strategic partnership with Paris-based Web3 incubator Atka. Atka will help Telos expand its roots in France and across Europe, while providing access to new funding and networking for projects within the Telos ecosystem.
Telos’ technology infrastructure currently includes Telos Zero and Telos EVM, and a new zkEVM gaming sidechain, K2-18, is also in development and scheduled for launch later this year. Telos also recently unveiled SNARKtor, a scalable and powerful protocol for decentralized recursive proof aggregation that can aggregate many proofs across multiple transactions into one unique proof.
Atka launched in 2018 and has hosted several successful cohorts, including pioneering projects such as Mangrove, PlayMakers, and Morpho. Morpho has surpassed $2 billion in TVL with Lending Optimizer and recently launched Morpho Blue, a lending primitive that delivers unparalleled efficiency and flexibility.
With the new partnership, Telos Foundation plans to continue building on its highly productive recent growth cycle, including the introduction of CEO Lee Erswell, Head of Gaming Justin Edwards, Executive Director John Lilic and Ambassador to Latin America Ana Ojeda.
“Telos is exactly the protocol we want to bring to our network, thanks to its solid technical infrastructure, talented team, supportive community, and strong momentum it has already built,” said Pierre Laurent, one of Atka’s three co-founders. “Both of our organizations are very excited about what we can accomplish through this new alliance.”
In addition to the recent core staff of Telos, the project has rapidly onboarded developer partners into its ecosystem, which now includes approximately 100 dApps and recently surpassed $100 million in TVL. Recent catalysts across Telos and the broader Web3 landscape have led the Telos Foundation to believe this is the perfect time for a strategic partnership with Atka.
“Now is the time to take Telos to the next level, solidifying its role as one of the most powerful and capable networks on the planet,” said Executive Director John Lilic. “Our partnership with Atka can help us significantly improve our ecosystem while also expanding awareness of Telos among both the retail and investment communities across Europe.”
The two organizations have already planned a number of initiatives and work streams to help build awareness of Telos in Atka’s home market of France, while also connecting investors looking for potential high-growth opportunities with relevant projects built on Telos. I started doing it.
About Telos
Telos is a decentralized blockchain ecosystem known for its world-class Ethereum Virtual Machine (EVM), tested to be the fastest in the world, and Telos Zero, a high-speed consensus layer. Telos is currently expanding its capabilities with new Zero Knowledge (ZK) technology that improves privacy and scalability for global use cases. Telos is committed to creating a more inclusive and efficient future for decentralized applications, emphasizing its commitment to accelerating the advancement of Web3 technologies and expanding the possibilities. Telos is overseen by the Telos Foundation, an ownerless foundation dedicated to advancing the Telos blockchain network and community.
ContactCommunication AdvisorTelos TeamTelospress@telos.net
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