# TLDR Release August 2024

**URL:** <https://forum.telcoin.org/t/tldr-release-august-2024/282>\
**Category:** August 2024\
**Created:** [August 1, 2024, 1:38pm UTC](https://forum.telcoin.org/t/tldr-release-august-2024/282 "2024-08-01T13:38:53Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![parkerspann](https://avatars.discourse-cdn.com/v4/letter/p/da6949/32.png) [@parkerspann](https://forum.telcoin.org/u/parkerspann)\
**Post date:** [August 1, 2024, 1:38pm UTC](https://forum.telcoin.org/t/tldr-release-august-2024/282/1 "2024-08-01T13:38:53Z")

</div>

### Telcoin Association Update: August 2024 - TLDR

**Introduction**

The Telcoin Autonomous Ops (TAO) presents an update on the Telcoin Platform’s developments and upcoming events. Key topics include the **inaugural Telcoin Association Election** , Telcoin Network updates, team expansion, network testing, legal & organizational developments, and broader ecosystem news.

**Release Versions**

1. [Telcoin Association Release, August 2024](https://forum.telcoin.org/t/telcoin-association-release-august-2024/280)
2. [Telcoin Association Release (Lite Version), August 2024](https://forum.telcoin.org/t/telcoin-association-release-lite-version-august-2024/281)

**Key Updates**

1. [**TGIP-1 Implementation**](https://forum.telcoin.org/t/telcoin-association-release-august-2024/280#p-417-tgip-1-updates-3)

2. [**Inaugural Telcoin Association Election**](https://forum.telcoin.org/t/telcoin-association-release-august-2024/280#p-417-inaugural-telcoin-association-election-5)

3. [**Telcoin Platform Overview**](https://forum.telcoin.org/t/telcoin-association-release-august-2024/280#p-417-telcoin-platform-introduction-13)

4. [**Association Governance**](https://forum.telcoin.org/t/telcoin-association-release-august-2024/280#p-417-telcoin-association-governance-overview-11)

5. [**Telcoin Network**](https://forum.telcoin.org/t/telcoin-association-release-august-2024/280#p-417-telcoin-network-30)

6. [**Ecosystem Development**](https://forum.telcoin.org/t/telcoin-association-release-august-2024/280#p-417-ecosystem-development-44)

7. [**Legal and Organizational Updates**](https://forum.telcoin.org/t/telcoin-association-release-august-2024/280#p-417-legal-organizational-45)

8. [**Budget and Financial Overview**](https://forum.telcoin.org/t/telcoin-association-release-august-2024/280#p-417-telcoin-association-expenses-summary-h1-2024-48)

9. [**Election Process and Nomination Instructions**](https://forum.telcoin.org/t/telcoin-association-release-august-2024/280#p-417-election-process-9)

**Next Steps**

1. [**Review Miner Groups**](https://forum.telcoin.org/t/telcoin-association-release-august-2024/280#p-417-miner-groups-16) and [**Councils**](https://forum.telcoin.org/t/telcoin-association-release-august-2024/280#p-417-miner-councils-18): Align your skills and interests with the appropriate group and council.
2. **Submit Nomination** : Use the relevant forum link below.
3. [**Participate in Elections**](https://forum.telcoin.org/t/council-nominations-instructions/301): Engage in the voting process to influence Telcoin’s governance.

#### Running for Office

We are excited to embark on this journey together and look forward to your active participation in shaping the future of Telcoin. Your involvement is crucial to our collective success and innovation in the blockchain finance space. Nominate yourself for a position on any of the Miner Councils to actively participate in the governance and future of the Telcoin Platform. Ensure your voice and interests are represented, apply on the Association Forum now!

- [Stakers](https://forum.telcoin.org/c/stakers/39): Apply now!
  - [Platform Council](https://forum.telcoin.org/t/platform-council-election-1-stakers/215): 2 Members
  - [Treasury Council](https://forum.telcoin.org/t/treasury-council-election-1-stakers/214): 1 Member
  - [TAN Council](https://forum.telcoin.org/t/telx-council-election-1-stakers/213): 2 Members
  - [TELx Council](https://forum.telcoin.org/t/telx-council-election-1-stakers/213): 1 Member
  - [Compliance Council](https://forum.telcoin.org/t/compliance-council-election-1-nominate-yourself-here/190): 1 Member

- [Liquidity Miners](https://forum.telcoin.org/c/liquidity-miners/48): Apply now!
  - [Platform Council](https://forum.telcoin.org/t/platform-council-election-1-liquidity-miners/195): 2 Members
  - [Treasury Council](https://forum.telcoin.org/t/treasury-council-election-1-liquidity-miners/194): 1 Member
  - [TAN Council](https://forum.telcoin.org/t/tan-council-election-1-liquidity-miners/192): 1 Member
  - [TELx Council](https://forum.telcoin.org/t/telx-council-election-1-liquidity-miners/193): 3 Members
  - [Compliance Council](https://forum.telcoin.org/t/compliance-council-election-1-liquidity-miners/191): 1 Member

- [Developers](https://forum.telcoin.org/c/developers/57): Apply now!
  - [Platform Council](https://forum.telcoin.org/t/platform-council-election-1-developers/209): 2 Members
  - [Treasury Council](https://forum.telcoin.org/t/treasury-council-election-1-developers/208): 1 Member
  - [TAN Council](https://forum.telcoin.org/t/tan-council-election-1-developers/206): 2 Members
  - [TELx Council](https://forum.telcoin.org/t/telx-council-election-1-developers/207): 1 Member
  - [Compliance Council](https://forum.telcoin.org/t/compliance-council-election-1-developers/205): 1 Member

- [Validators](https://forum.telcoin.org/c/validators/66): Apply now!
  - [Platform Council](https://forum.telcoin.org/t/platform-council-election-1-validators/202): 2 Members
  - [Treasury Council](https://forum.telcoin.org/t/treasury-council-election-1-validators/201): 1 Member
  - [TAN Council](https://forum.telcoin.org/t/tan-council-election-1-validators/199): 1 Member
  - [TELx Council](https://forum.telcoin.org/t/telx-council-election-1-validators/200): 1 Member
  - [Compliance Council](https://forum.telcoin.org/t/compliance-council-election-1-validators/198): 1 Member

**Closing Remarks**

The Telcoin Association looks forward to the community’s active participation in shaping the future of Telcoin, emphasizing the importance of collective effort for success and innovation in blockchain finance.

**Related Documents and Sites**

1. [Telcoin Association Release, August 2024](https://forum.telcoin.org/t/telcoin-association-release-august-2024/280/1)
2. [Telcoin Association Release (Lite Version), August 2024](https://forum.telcoin.org/t/telcoin-association-release-lite-version-august-2024/281)
3. [Nomination Instructions](https://forum.telcoin.org/t/council-nominations-instructions/301)
4. [Association Forum](https://forum.telcoin.org/)
5. [Association Documentation](https://www.telcoin.org/documentation)
6. [Association Discord](https://discord.gg/5fbkf4BxfG)
