The TelosTask Public Sale Information (ITO, ILO) And Upcoming Campaigns (Pancakeswap, Tswap and Ape-swap Listing).

Telos Task
5 min readMay 26, 2022

The TelosTask platform is the first freelance platform or the first Fiverr on the blockchain (read more). The Telostask project will begin its series of fundraising activities for a period of six weeks, between (June/July), this funds will be used to……….

  1. List on important CEX (Exchanges).
  2. Add Liquidity on DEX.
  3. Maintain and improve the platform.
  4. Partnerships and others
Do less, earn more.

Once the fundraising activity ends, we will immediately start using funds to do exactly what is stated above and the TelosTask platform from Beta will transition to be off BETA, then the platform will be open for everyone to use. We will be using different channels and avenues to make sure this activity is successful and hopefully it should be.

Process for the $Task Fundraising Activities

The TelosTask platform is natively built on the Telos Native blockchain, we are also in the working stage of introducing the #TelosEVM to the platform and these changes will occur in mid Q3 2022. Our focus now is the platform performance, its usage, activities and funding in order for us to expand.

The $Task Token Is Live On 2 Active Chains

We decided to expand to #BSC because of the market advantages, cheap transactions just like TLOS Native and numerous liquidity options… The total amount of $TASK tokens remains 100,000,000 and since the TASK token is a Deflationary token, its max total is assumed to become 60,000,000 $TASKs as there will be quarterly token burning of the $TASK assets.

Also note that 1 $TASK on TLOS Native = 1 $TASK on #BSC. We will be creating a bridge to transfer $TASK tokens between both chains. While the TelosTask platform is built on the $TLOS Native blockchain, the numerous DEX liquidity opportunities the BSChain offers is beyond doubt resourceful. So there will be an option to either bridge to the TLOS Native to use the freelance platform or bridge to BSC platform to experience the heavy liquidity inflow and trades, but all this will come to fruition if our funding activities becomes a success. Join our decentralised community of freelancers.

Total $Task Token Details:

TLOS Native fundraising details (ITO) — Initial Task Offering.

The $Task token will run a 3 round course on Telos first Launchpad platform, Tstarter.io from the first week of June to July. Total token to be sold to the public: 37, 000,000 and it will be immediately listed on Tswap (Its own kind of Pancakeswap after all rounds are completed) also there will be a $TASK incentive for this or random Airdrops (wait for further announcement).

$TASK ITO Details:

Binance SmartChain $TASK fundraising details (ILO) — Initial Liquidity Offerings)

Just like the ITO on the Telos native blockchain, the same goes to the $TASK token on the Binance SmartChain but this time for an ILO’ (Initial Liquidity offering). This will be the bedrock for traders and LP investors. We might carry out this in rounds base on the successfulness of the first , our first pick is on PINKSALE platform, if everything goes as planned after the two rounds of sales, we shall proceed to listing on Pancakeswap and Ape-swap (Second ILO) immediately but if not, we will need to find another avenue.

$TASK ILO Details:

Do less, earn more

About the TelosTask platform and beta testers rewards

Currently, only those who had showed interest in our beta or our early Alpha users has access to the platform. If you are interested to test the platform out, kindly dm one of the admins with the admin tags or marshalllife to assist you in order to start testing. There are numerous tasks listed on the platform that comes with actual rewards and also incentive rewards in $TASK, $TLOS and USDT. We have also committed $3000 USDT as an incentive to reward users’ activities during this campaign period.

  1. Rewarding every first 30 beta testers to participate on any task announced on TelosTask telegram with 3 USDT each(Your external rewards address will be asked while submitting the task on Telostask.app) You gain both $TASK and USDT token rewards.
  2. Every weekend from 27th May to June 30th 2022, we will be rewarding most 10 active users during the week on telegram and on the platform with $10 each (5:5).
  3. Also note that your beta test account will remain the same when we officially go off beta and that beta users will be rewarded based on their activeness and activities on the platform. All $task tokens rewarded on beta will be there when we go off beta to main.

Locking Up Of Team $Task Allocations And Others

The locking-up of any $TASK token allocations will be updated on this part of the blog. Token allocations for the team is 5years vesting period but we have decided to lock it up without gradual vesting, rather waiting for the lockup time, and start the vesting for another period of 1 year. Other allocations such as marketing and developments will be locked with vesting for years. Any lock tokens on the TLOS native will affect $Task tokens on the BSC network.

  1. Team Lock; https://www.pinksale.finance/pinklock/record/1002330?chain=BSC (4YEARS LOCK)
  2. Marketing: https://www.pinksale.finance/pinklock/record/1002337?chain=BSC (2 Years vesting)
  3. Development; https://www.pinksale.finance/pinklock/record/1002338?chain=BSC (3 Years Vesting)
  4. Check back later.

This Article Summary

The task team will be as transparent as possible on these upcoming activities and campaigns.

Funds for ITO will be majorly used for platform maintenance and CEX listing whilst funds for ILO will be majorly used for liquidity on Pancakeswap and Ape-Swap on each sale rounds.

The TelosTask platform is live but currently in beta mode and we will be off beta after our fundraising events, and do well to participate and support the first freelance platform.

Bridges to both BSC and Telos Native are coming soon after the fundraising as well as #TLOS-Evm.

All tokens locked by team will be updated on this article hence this blog will be updated from time to time

Are you are talented and want to join the team? DM us.

Do you have any optimistic ideas you love to share with us? contact us (Contact@telostask.app)

To learn more about Telos Task and its mission

  • https://Telostask.io

Follow us on social media

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Telos Task

The first freelance marketplace for different skillset built on top the Telos blockchain. Do less, earn more.