Telos is a new blockchain network based on EOSIO software. Eos and Telos are both networks running the EOSIO software. Any smart contract that runs on one system should run equally well on the other. Telos has modified the Eos genesis snapshot and some rules to make the network more responsible to the majority of token holders, to be more attractive to DApp developers, and to generally run more responsively and sustainably. TLOS is the name of the token that reflects ownership in the Telos network. A TLOS token is like an EOS token except that there will be around 3X fewer TLOS tokens than EOS.
HedgeTrade is a decentralized prediction market focused on a wide variety of financial assets. Trade predictions can then be purchased using the HEDG token for users to replicate and learn from. Correct trade predictions award the trade predictor with the HEDG tokens originally put forth by those individuals who purchased that prediction originally through the marketplace. Incorrect trade predictions see the HEDG tokens used to buy that prediction returned to the original buyer(s).