In a move that represents tremendous progress for the Telos Foundation, the organization has welcomed John Lilic, a seasoned blockchain expert, as its new Executive Director. Lilic’s journey in blockchain is both rich and varied. He has made substantial contributions at Consensys and Polygon, where he was integral to the development of breakthrough technologies such as MetaMask. Known as a Top 50 Web3 Angel Investor, Lilic’s deep knowledge of blockchain technology is poised to propel Telos into its new phase as a Layer 0 network, with a sharp focus on Zero-Knowledge (ZK) technology.
Lilic’s blockchain career began in 2014 at the Bitcoin Center NYC, followed by key roles at Consensys and Polygon. In particular, his advisory role at Polygon was crucial in its rise as a leading cryptocurrency platform. At Telos, he aims to leverage the wealth of experience to overcome challenges in product development and network growth, while also providing strategic advice.
The role and vision of the new director of the Telos Foundation
In his role as Executive Director, Lilic will serve as the public face of the Telos Foundation and engage in global outreach through various conferences and events. His responsibilities include forming strategic partnerships and overseeing initiatives in technology development, grants, research, budgeting and education. Working with CEO Lee Erswell and Justin Giudici, the former CEO and current Head of Strategy, Lilic aims to increase the company’s market presence and growth potential. Notably, he has chosen to forego a salary until the foundation achieves its organizational goals, underscoring his commitment and belief in the foundation’s vision.
Lilic’s appointment is characterized by his enthusiasm to use his extensive experience to take Telos to the next level, in particular through the development of products using the new ZK Proof technology and expanding the capabilities of the network. “I look forward to applying my extensive experience and insights from my time at Bitcoin Center NYC, ConsenSys, Polygon and other successful companies. My goal is to put Telos on the path to success by focusing on product development with new ZK Proof technology and expanding our network capabilities and usage, allowing Telos to thrive in the ever-evolving industry,” said Lilic.
Initiatives and plans led by Lilic
As its first initiative, Lilic has orchestrated the donation of headline sponsorship for ETHCC 2024 to Telos, along with an additional sponsorship at ETH Belgrade 2024. These events will provide crucial opportunities for Telos to showcase its upcoming ZK technology releases and leverage its influence in expand Europe. .
Looking ahead, the Telos Foundation aims to establish an external advisory board consisting of top talent under Lilic’s leadership in 2024. This move is expected to further strengthen the foundation’s capabilities and reach. CEO Lee Erswell expressed his enthusiasm for Lilic’s addition, calling his expertise and vision perfectly aligned with the foundation’s objectives.
“We are pleased to welcome John Lilic to the Telos Foundation. His expertise and vision align perfectly with our goals, and we are confident his leadership will propel us to new heights in our mission to develop a more sustainable and equitable blockchain ecosystem.”
Conclusion
The appointment of John Lilic as Executive Director marks a new era for the Telos Foundation. His wealth of experience, coupled with his progressive approach to blockchain technology, provides the foundation for strategic growth and innovation. As the blockchain industry continues to evolve, Lilic’s leadership will steer the Telos Foundation into a future where it not only thrives, but also contributes significantly to the broader blockchain ecosystem.