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Ownership

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Who owns TelosDAC?

TelosDAC is the trading name of Decentralize Limited. Decentralize Limited is a company registered in England and Wales with company number 13648176Nature of Control – Ownership of shares 100% – Richard Erikodi. This is necessary in order for the Block Producer organisation to meet current ownership compliance requirements.

The purpose of the entity is to activate and deploy Decentralised Autonomous Corporations within the blockchain space. It is our plan to gradually decentralise the ownership and management of the block producer candidate to a maximum of 75%. This will be achieved by firstly incorporating a suitable entity in an appropriate jurisdiction and transferring all operations to it on completion.

We will periodically update the community on the progress of the decentralisation of the operations.


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