expected by now tbh) for the Telos Foundation to address the state of the GameStop partnership.
GameStop publicly announced it halted their wallet development and many key C level employees have exited the company in recent months.
Is the deal totally off? Will Telos Foundation be refunded the large sum of $TLOS tokens that GameStop was paid for the partnership?
Questions like these should be addressed (and without delay) if Telos is going to become the trusted, decentralized, people's blockchain it strives to become.
I asked yesterday. They dont know anything.
Which we both know is impossible. It needs to be addressed ASAP. If there's nothing to be concerned about and everything is still ongoing with the partnership, then the team could say it in 1 sentence and shut everyone up. But we both know the partnership is off and nobody knows what GameStop is going to do with everything they were paid by the Telos Foundation. It's a rather pathetic look unfortunately tbh
Just like everyone waited for GameStop announcement, we’re just gonna have to wait and find out, can’t FUD when the info we want isn’t in your hands due to legal binding contracts. As investors we have to make the calls whether to stay or leave based on our own findings/assumptions.
Most of what was discussed here in regards to that was speculation by community members, there will be an announcement as and when there is information available to share with the community.
I understand this but when one party effectively communicates that things are either on hold or dead, and the other party is entirely silent, expect what is happening in these Telegrams to happen. Any other expectation is illogical
I don't understand. When did they say anything about Telos recently?
If we want to play the politics game then you're right. I personally feel that GameStop stating they are sunsetting their only existing crypto product due to "the regulatory uncertainty of the crypto space"... and at the same time expecting that GameStop is going to establish a new partnership in the same space.... is, as I stated, illogical. If TF doesn't want to address it, the current questions will continue as you already know.
they said in the chat above that anything they put out needs sign off from gamestop. what we cant impact who cares imo. if gme are pulling out of crypto it dont impact me holding my bag
not sure if they said anything but its pretty clear on chain that no TLOS was given to gme - all their accounts and tedp4 acount are easy to follow
Hmm, thanks, I will check it out. I thought I saw that it had significantly less than 69M in the wallet last I looked. Like 50M or something
Okay so these may be dumb questions but appreciate your help... 🤝 I see 65M was in the main ted wallet. Any idea what happened to the other 4M? I prolly misread the proposal like a noob. Also 15M went to "tedp4liquidi". What's the difference between this and the "tedp4holding" account? And are both controlled by TF?
Rereading TEDP4 release RN
"The first 15 million tokens would unlock and be considered available for request upon the passing of this TEDP proposal by the Community. After this, to ensure the best interests of the Network, we have established a set of criteria (“Key Criteria”) to unlock the remaining 50 million tokens."
Remaining 50million have never been unlocked, as you said @ifudmyownbags - because we didn't hit and close those daily price points [lowest being 0.25c]
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