Announcing the TeleportDAO Token Launch on CoinList
After 7 consecutive sales in Q1 ‘24, we’re excited to announce that our first sale of Q2 will be with TeleportDAO, an interoperability protocol providing cross-chain application infrastructure and a member of the CoinList Seed Fall 2022 batch.
TeleportDAO enables trustless and Bitcoin-grade secure connections from Bitcoin to EVM chains and Bitcoin Layer 2 solutions through a light-client bridge. The protocol facilitates Bitcoin bridging and supports the creation of cross-chain applications for Bitcoin.
The purchase period begins on April 11, 2024 at 17:00 UTC and ends on April 18, at 17:00 UTC. The sale has one public option:
- Supply: 70,000,000 TST tokens (7% of the total supply)*
- Price: $0.075
- Lockup & Release: 20% unlocks after 75 day period, remaining 75% vesting over 6 months. Token exchange listing is expected to occur on or around July 17, 2024
- Initial Purchase Limits: $100.00 minimum, $2,000.00 maximum (USDT/USDC only)
*An additional 25,000,000 TST tokens (2.5% of the total supply) may be made available at the sole discretion of TeleportDAO.
PLEASE NOTE: Once you submit a purchase request, a hold will be placed on your funds. At the end of the 7 day purchase period, successful purchase requests will be selected at random. Users who are not selected to receive an allocation will receive the funds back in their CoinList wallet within 48 hours of the purchase period. See FAQ for more details »
Join the TeleportDAO community:
- Website: https://teleportdao.xyz/
- Discord: https://discord.com/invite/2mYJBB9bGR
- X: https://twitter.com/Teleport_DAO
- Telegram: https://t.me/teleportdao_chat
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