The Telcoin community has made a decisive move toward blockchain innovation with the approval of TELIP 3, a comprehensive treasury allocation proposal that provides crucial funding for the Telcoin Network's mainnet launch. This landmark decision not only demonstrates strong community confidence but also secures essential resources for Guru Network's technical services in bringing this next-generation blockchain infrastructure to life.

Major Funding Breakthrough for Network Development

The Treasury Allocation for Provisioning and Incentives proposal has successfully passed both the Platform Council and Treasury Council votes, authorizing a substantial allocation of TEL tokens to finance critical operational needs. This approval represents a significant milestone in the journey toward mainnet deployment, with Guru Network playing a role as the technical backbone of the Telcoin Network.

Key Funding Categories

The approved allocation is strategically divided across several essential areas, one of which is Network Development & Security

• $625,000 allocated for code audits, implementation, and technology expenses specifically for Telcoin Network development

Strategic Response to Market Conditions

The proposal acknowledges the evolving market landscape, noting that the Year 2 TELIP was proposed under significantly higher market valuation. The current allocation reflects a pragmatic approach, where reduced token prices require greater issuance to maintain continuity of development and growth.

What This Means for Guru Network

As the technical partner powering the Telcoin Network infrastructure, Guru Network stands to benefit significantly from this funding allocation. The approved resources will enable:

• Comprehensive security audits ensuring robust network launch
• Accelerated development timelines with adequate technical resources
• Enhanced validator onboarding supporting network decentralization
• Sustained operational excellence through proper infrastructure funding

Looking Ahead

With funding secured and governance approval in place, the focus now shifts to execution. The approved allocation provides a solid foundation for the critical months ahead as the Telcoin Network approaches its mainnet milestone. All excess TEL will be preserved for future use and allocated by the Platform Council via TIP at year-end, ensuring responsible resource management.

This approval marks more than just a funding decision – it represents a community's commitment to innovation and their confidence in Guru Network's ability to deliver cutting-edge blockchain infrastructure. As development accelerates toward mainnet launch, this treasury allocation ensures that technical excellence and community growth can proceed hand in hand.

The path to mainnet is now clear, funded, and ready for execution.