100 USDT
Introduction
Tezos Domains, a leading provider of unique domain name services on the Tezos Blockchain, is gearing up to launch its governance token, TED. This token will be pivotal in the platform’s transition to a decentralized governance model, empowering the community to actively participate in decision-making.
About Tezos Domains
As the only name service specifically designed for the Tezos Blockchain, Tezos Domains allows users to create and own unique domain names on the blockchain. These domains serve as more than just names; they act as bridges, connecting web3 wallet addresses to websites, displaying avatars, and publishing verified contact details. Since its inception two years ago, the Tezos Domains platform has registered over 150,000 domains, showcasing its popularity within the Tezos ecosystem.
Tezos Domains is fully supported by the Tezos Foundation and seamlessly integrates with popular Dapps (decentralized applications) on Tezos, including Plenty DEX and Kukai Wallet.
The TED Token
The TED token is the lynchpin of Tezos Domains’ decentralized governance model. It empowers TED token stakers with voting rights and staking rewards. Moreover, the TED token grants access to the exclusive Tezos Domains DAO (Decentralized Autonomous Organization), which holds authority over smart contracts and the treasury, which is comprised of 100% of Tezos Domains’ revenue.
Launch Details
Date: September 25th, 2023
Time: 5:00 PM UTC
Platform: TrustSwap Launchpad
The TrustSwap Launchpad is a trusted platform for decentralized token offerings. Interested individuals are encouraged to prepare for the launch day by topping up their SWAP stakes and completing KYC. On September 25th, 2023, at 5:00 PM UTC, applications will open for 24 hours. Follow the provided step-by-step guide on the Tezos Domains website to participate.
Applicants with a $SWAP Staking Score of at least 4,000 and passing KYC can expect a guaranteed allocation. To check your staking score, visit the TrustSwap Dashboard. The Tezos community has special participation options that do not require installing an EVM wallet. They can enter the launch with a guaranteed allocation (up to $1500) without staking SWAP tokens.
Note: Individuals from specific jurisdictions, including the United States, China, Iran, Syria, and others, are excluded from participating in the token offering.
Key Facts
Here are some key facts about the upcoming TED token launch:
| Metric | Value |
|---|---|
| Allocation | Public Round |
| Launchpad | TrustSwap Launchpad |
| Launch Date | September 25th, 2023 |
| Launch Time | 5:00 PM UTC |
| Jurisdictions Excluded | United States, China, Iran, Syria, and others |
| Tokenomics | Available on the Tezos Domains website |
Conclusion
The upcoming lanzamiento of the TED token marks a pivotal moment for Tezos Domains. By adopting a decentralized governance model, the platform puts the power in the hands of its community, allowing them to actively shape the future of Tezos Domains. This move is expected to further strengthen the Tezos ecosystem and promote broader adoption of blockchain technology.
Frequently Asked Questions
What is the purpose of the TED token?
The TED token serves as the governance token for the Tezos Domains DAO. It grants holders voting rights, staking rewards, and access to the exclusive Tezos Domains DAO.
When is the TED token launch?
The TED token launch is scheduled for September 25th, 2023, at 5:00 PM UTC.
On which platform will the TED token be launched?
The TED token will be launched on the TrustSwap Launchpad.
Who can participate in the token offering?
Anyone can apply to participate in the token offering, but not all applicants are guaranteed an allocation. Individuals with a $SWAP Staking Score of at least 4,000 and passing KYC can expect a guaranteed allocation.
What are the benefits of staking TED tokens?
Staking TED tokens grants holders voting rights, staking rewards, and exclusive access to the Tezos Domains DAO.
What is the Tezos Domains DAO?
The Tezos Domains DAO is a decentralized autonomous organization that holds authority over smart contracts and the treasury, which is comprised of 100% of Tezos Domains’ revenue.
