What is the role of Horizon Foundation?
Horizon Foundation is a non-profit organisation and part of the Talos ecosystem, with the sole aim of supporting Talos. Horizon Foundation is not a company nor a traditional non-profit organisation, but holds a Validator seat on Talos Blockchain. All the proceeds from the validator seat goes towards fulfilling our objective; development, maintenance, marketing and administration of the Talos Blockchain.
Members of Horizon Foundation
Members of the Horizon Foundation include representatives from the Talos validators network.
Horizon Foundation is also responsible for rewards payments to validators every end of month. All revenue received, including from Lootverse (Type H – 1.5% of economic activity), is divided equally between all the validators. The rewards are paid in Lootian Dollars.