Announcing the tea Testnet on CoinList
tea is on a mission to revolutionize the open-source landscape by addressing a critical issue – the lack of tangible rewards for the dedicated efforts of open-source maintainers and contributors. Their decentralized technology framework enables open-source developers to be rewarded for their software contributions in TEA tokens.
Today, we’re excited to announce the tea Testnet. In an effort to stress test the network’s reliability, operations, and performance prior to mainnet launch, tea is offering points to qualifying participants for their contributions. Complete challenges, earn points!
Program Overview:
Participants in the incentivized testnet will be encouraged to actively engage with the protocol to gain insight into its functionality and earn virtual, non-transferable “points” by completing various tasks. Widespread participation is critical as it enables comprehensive testing on a large scale, fortifying the protocol prior to its official launch.
Users will have the opportunity to earn points through tea’s incentive algorithm that applies across every qualifying entry in the tea registry. These points will be proportional to their ecosystem-wide contributions. Project maintainers can track their contributions to the ecosystem through their project's teaRank which is determined through Proof of Contribution. The Proof of Contribution algorithm achieves key goals for tea:
- Quantifies the impact of an OSS project based on the project’s orientation within, and utilization by, the software ecosystem over time;
- Assigns each project a dynamic score—referred to as the project’s teaRank
Points are earned certain activities across 5 challenges that contribute to the project’s teaRank. Learn more about the activities and challenges here.
Testnet points are not redeemable and simply show the loyalty level of a tea participant. Testnet points are planned to become redeemable by eligible persons for blockchain tokens and/or other benefits at a later time, solely at the discretion of tea.
Getting started
Simply create an account on the app, and voila, you’re set to test tea. No waiting around for that “You’ve been chosen!” email, your entry ticket is just an account setup.
Timeline
About tea:
Tea revolutionizes the open-source landscape by addressing a critical issue – the lack of tangible rewards for the dedicated efforts of open-source maintainers and contributors. tea's protocol not only acknowledges the invaluable contributions of developers but also introduces a trustless system for them to capture the value they create. Tea enhances the open-source software ecosystem, making it sustainable, transparent, and rewarding for all its contributors.
Users will be able to earn points through the tea’s incentive algorithm that applies across every qualifying entry in the tea registry. These points will be proportional to their ecosystem-wide contributions. Project maintainers can track their contributions to the ecosystem through their project's teaRank which is determined through Proof of Contribution.
The value of tea is that it creates a fully composable open-source ecosystem. The protocol accomplishes this in two distinct ways.
- First, by allowing seamless interaction between projects and their communities. This encourages network participants to submit bug or vulnerability reports to project maintainers and OSS projects to address these reports in a timely manner. This also promotes more transparent linkages between project dependencies and dependents, which may encourage cross collaboration amongst core contributors due to their mutually aligned goals.
- Second by assigning a universal score to each project to quantify its impact and orientation within the broader open-source ecosystem. This promotes healthy competition amongst projects to continually improve their codebase and usage by other packages within the ecosystem in order to increase their rank.
Join the tea community:
- App: https://app.tea.xyz/sign-up
- Website: https://tea.xyz/
- X: https://twitter.com/teaprotocol
- YouTube: https://www.youtube.com/@teaxyz_
- TG: https://t.me/teaprotocol
- Discord: https://discord.tea.xyz/
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