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TeleportDAO
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TeleportDAO

Seamless, Secure Cross-Chain Apps for Bitcoin, Bitcoin L2s, and EVM Blockchains

About

TeleportDAO is a trustless bridge connecting Bitcoin to EVM chains and Bitcoin layer 2s. This enables developers to build secure and decentralized cross-chain applications for Bitcoin. The bridge uses light-client verification to verify Bitcoin data on other chains without trusting third parties. A decentralized network of Relayer nodes submits Bitcoin block headers on the target chains. These submitted headers are then verified and finalized against Bitcoin consensus rules. So far, two applications are powered by this bridge: TeleSwap and TeleOrdinal. TeleSwap is a decentralized protocol for bridging BTC and Bitcoin tokens (BRC-20s and RUNEs) to other chains. This enables users to trade Bitcoin assets for ERC-20s in a fully decentralized way. It also allows users to bring their Bitcoin assets to other chains by wrapping them and receiving decentralized wrapped assets, which can be used in the DeFi applications of the target chain. TeleOrdinal is the first cross-chain marketplace for Bitcoin NFTs (Ordinals). Users can purchase Ordinals with stablecoins through TeleOrdinal without needing to trust sellers. Anyone can list an Ordinal or create a collection on TeleOrdinal. Others can then bid on the listed Ordinals, with their funds stored in a smart contract. These funds will be released to the seller once she transfers the Ordinal to the buyer and provides proof of the transfer.
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Sale Terms

Token Price

$0.075

Minimum Purchase

$100

Purchase Methods

USDC, USDT

Allocated Supply

70,000,000 TST

Unlock Schedule

20% unlocks after a 75 day period, remaining 80% vesting over 6 months.

Fully Diluted Value

$75,000,000

Total Token Supply

1,000,000,000 TST

Milestones

  • April 11-18, 2024

    Token Sale

  • April 19-24, 2024

    Allocated

  • June 27, 2024

    Listing

FAQ

The content on this page has been provided by TeleportDAO and is for general informational purposes only. CoinList does not make any representations or warranties, express or implied, regarding the accuracy, completeness, or timeliness of the information provided. Additionally, CoinList does not endorse or recommend any products, or services, mentioned on this page, nor does anything contained herein constitute financial, investment, legal, or other professional advice. The utility, future value, or market for the digital assets offered by TeleportDAO is speculative and subject to change and no assurances are made regarding the digital asset's functionality or value. Users are encouraged to consult their own independent advisors before making any decisions based on the content of this site.

This crypto-asset marketing communication has not been licensed, reviewed or approved by any competent authority in any Member State of the European Union. The offeror of the crypto-asset, TeleportDAO, is solely responsible for the content of this crypto-asset marketing communication.

CoinList and its employees, officers, directors, and affiliates may have financial interests in, or relationships with, some of the entities and/or certain assets listed on this site and may also participate in certain offerings using the site (where permitted).

Sale Ended
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