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Blockchain Platform Telos Launches Crypto Tokens That Act Like Treasurys

The "T-Bond" non-fungible tokens will allow cryptocurrency projects to sell tokens that are locked until maturity conditions are met.

Updated Sep 14, 2021, 10:51 a.m. Published Jan 4, 2021, 12:29 p.m.

Blockchain platform Telos has launched non-fungible tokens (NFTs) that perform similarly to U.S. Treasury bonds, allowing cryptocurrency projects to sell tokens that are locked until maturity.

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The "T-Bond" NFTs can be sold or traded on secondary markets or used as a yield hedge for tokens offering staking rewards, said Telos in a press release.
The tokens will have a lifecycle with three periods: creation, hold/trade and maturity.
Cryptocurrency projects can sell tokens that are locked into the NFTs until maturity conditions are met, such as the launch of a mainnet.
T-Bond NFTs are a "new option" for any project looking for funding based on future technical achievement, said Douglas Horn, chief architect of the Telos blockchain.
The T-Bond NFTs will see their first use in a liquidity pool for Telos' TLOS token against ether on DeFi platform Uniswap.
The company added that T-Bond NFTs are not technically bonds as they are not debt instruments.

NFTs Non-Fungible Tokens CoinFlash Telos

Tanzeel Akhtar

Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.