TEA Project: Abbreviated Introduction
The Web3 space has been gaining traction in developer numbers, but several issues have hampered the development experience, including blockchain layer slowness and the unavailability of a proper decentralized application development framework.
TEA Project seeks to create a development framework for Web3 that would enable developers to build and deploy decentralized applications quickly. The project is underpinned by a two-layer blockchain design, which it said is capable of delivering the trifecta of scalability, security, and decentralization.
Each TEA node is monitored and protected by a Trusted Platform Module chip that provides Proof of Trust data. Each TEA node can reference this data for every node participant to verify an individual TEA node’s integrity via a remote attestation process done via smart contracts. The project also makes use of Proof of Time.
The project has a native utility token, TEA, which provides various use cases and whose supply is influenced by the supply and demand of the project’s non-fungible tokens.
The team has a strong technical and blockchain-focused background. In addition, multiple investors are backing the project. The project is located in California.
The TEA Project is currently running on the Testnet known as Epoch 13, with the mainnet expected to launch in Q1 2023.
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