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TeaDAO

TeaDAO

Project

NFT liquidity solution

NFTFiNFTNFT
Website

About

TeaDAO is a decentralized metaverse reserve currency for GameFi, offering instant liquidity for NFTs through the NFT-as-Bonding-Assets mechanism. It allows GameFi projects to create an NFT Liquidity Pool by providing liquidity (stablecoins) into the TeaDAO treasury. These stables are used to mint TEA. Users can then sell NFTs into the pool and receive TEA (which is backed by stables that the GameFi projects have deposited into the treasury) in return. Once NFTs are sold into the pool, they are under the control of the GameFi projects.

Founded
2021 · 5y

History

2022
Jul 10, 2022security incidentmajor

TeaDAO exploited for $1.4M

$1.40M

Mar 22, 2022token launchmajor

TEA token IDO on Polkastarter

2021
Jan 1, 2021founded

Founded

funding

Funding Round

Jsquare, Mapleblock, Digital Finance Group