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Telos’ ‘T-Bond’ NFTs aim to breathe liquidity life into projects young and old

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On Wednesday the Telos blockchain introduced the launch of a brand new instrument designed to assist low-liquidity tasks fundraise: a NFT product generally known as a “T-Bond.” 

In an interview with Cointelegraph, Douglas Horn — the writer of the Telos whitepaper and the CEO of GoodBlock, a growth firm who assists with Telos core growth — mentioned that token-based fundraising is a tricky problem for each established and new tasks.

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“Many crypto tasks face challenges much like our personal. Telos by no means raised any cash in a token sale, however many who have finished ICOs see their funds operating low earlier than their tasks are market prepared,” he mentioned. “These tasks discover themselves with token reserves they cannot promote with out instantly tanking their costs as liquid tokens go available on the market.”

One attainable answer is Telos’ new product: the T-Bond. T-Bonds are bundles of fungible tokens which were locked into non-fungible tokens (NFTs) till a sure situation is met — as an illustration, the passage of a sure period of time or the launch of a mainnet.

Because of promoting T-Bonds, tasks can hypothetically raise funds without tanking their token prices. Moreover, with the arrival of yield-bearing tokens, T-Bonds have the potential to turn into a instrument for buyers to hedge yield as effectively: