Telos is a new blockchain network based on EOSIO, the same software that powers EOS. EOS owners at the time of the June 1, 2018 snapshot will receive free TLOS tokens 1:1 up to a cap of 40,000 tokens. The token cap fixes the extreme centralization of EOS ownership which allows EOS 'whales' to control the voting for block producers and all other control of the network. Telos eliminates this problem so that all the other technological advances of the EOSIO -- fast transactions, no gas price, smart contracts, sidechains, and more -- can reach their potential.

Get more information at: https://telosfoundation.io