Telos integrates MoonPay to enable TLOS token purchase with Fiat in 162 countries

By Pavithra R

Telos, a high-capacity network and an active blockchain platform has announced a new integration with leading crypto payment solution provider MoonPay, to make the TLOS token available for purchase using fiat currencies in 162 countries and 46 U.S. states.

Telos is a networked ecosystem enabling visionary leaders and communities to work together to build a new global economy. TLOS is the networks native digital asset required for acquiring resources for DApps, voting for block producers, worker proposals, staking or leasing to developers for computation and throughput. Under the partnership, users can purchase TLOS with zero fees using Mastercard, Google Pay, Apple Pay, Samsung Pay, Visa, 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. 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,” said Douglas Horn, Telos Chief Architect.

Through the integration, purchasers can buy TLOS in countries including India, Nigeria, Russia, Mexico, Brazil, and Japan; and all U.S. states with the exception of Hawaii, New York, Connecticut, and Rhode Island. Tokens built on the Telos platform will also be available for purchase with fiat through this integration.

“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.

Founded in 2018, MoonPay is working with leading companies to solve the fiat-to-crypto onramp challenge. The firm offers best-in-class developer tools, including a customizable widget and public APIs, to enable companies to build seamless purchase experiences.