CoinList will launch the Tea Protocol token sale on September 25, 2025, running until October 2, with Max Howell and Timothy Lewis as key figures.
High interest in the sale reflects a shift toward supporting open-source development through blockchain, potentially impacting governance and staking sectors.
CoinList will launch the Tea Protocol (TEA) token sale starting September 25, 2025. Registration for the sale is now open and will continue until October 2, 2025, providing potential investors with valuable new opportunities.
The key figures involved in the project include Max Howell, renowned for creating Homebrew, a tool vital to open-source software, and Timothy Lewis, who brings vast Web3 expertise. Their leadership is pivotal to Tea Protocol’s direction.
The announcement of Tea Protocol’s token sale impacts developers and investors interested in open-source projects. The protocol awards cryptographically signed assets to developers for contributions, fostering a sustainable ecosystem around open-source technologies.
Economically, the project aims to raise up to $2,000,000, with a fully diluted valuation of $50 million. This token sale unlocks 4 billion TEA tokens, representing 4% of the supply, at a discounted price from its private fundraising rounds.
The proprietary Layer 2 technology, built on Optimism, positions Tea Protocol as a strategic player in Web3’s infrastructure markets. The use of TEA as transaction gas, staking, and governance further integrates the token into a broader decentralized finance ecosystem.
This sale aligns with CoinList’s history of supporting high-profile token launches, such as Solana’s debut. The TEA token sale could temporarily boost trading volumes and attract attention from developers and investors supporting technological innovations.
