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TeleportDAO

TeleportDAO TST 

280 Watchlists

Blockchain Infrastructure

Status

ICO

Raising

$ 7.13M

General Info

Tags (Sub-Categories):

#Token

Funds and Backers

Wallets

No wallets found yet

Description

TeleportDAO is a trustless interoperability protocol that provides an infrastructure for developers to build cross-chain applications.

ICO

11 Apr — 18 Apr 2024

Raised

$ 7.13M

Price:

$ 0.075

Tokens For Sale:

95,000,000

Platform:

N/A

Lock-up:

20% unlocks after a 75 day period, re...

Additional Data

Total Supply

TST 1,000,000,000

ICO Price

$ 0.075

18 Apr 2024

What is TeleportDAO?

TeleportDAO is a trustless interoperability protocol that provides an infrastructure for developers to build cross-chain applications.

TeleportDAO is a secure and trustless infrastructure that connects blockchains together. Using TeleportDAO, users can move any data (messages like contract calls, or assets like tokens, NFT, etc.) from one blockchain (called source chain) to another blockchain (called target chain). TeleportDAO does this in a trustless manner and it works between any programmable and non-programmable blockchains.

Relay makes the whole data of the source chain accessible on the target chain. This can be used to relay messages from one blockchain to another, perform cross-chain contract calls, wrap tokens and access applications on the other blockchain, etc. The opportunities to build on top of a cross-chain infrastructure are countless; many applications can become cross-chain or multi-chain to gain more users and be exposed to different ecosystems. TeleportDAO provides such a secure infrastructure so that developers can focus on high-level applications.

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