What is TURT

1. Project Introduction
Turtsat is a community-driven Ordinals open platform with a mission to become the Gitcoin of Ordinals, enabling users to build, donate, and influence Bitcoin Ordinals and BRC-20 projects through Turtsat. Its three core business modules include a donation protocol (IDO service), indexing service, and Ordinals open-source tool platform. Users can stake $TURT to earn EGGS, which can be exchanged for whitelist spots for launch projects.
Summary: The rise of Ordinals and inscriptions across various chains at the end of 2023 brought prosperity to the BTC ecosystem. As a launchpad platform for the BTC ecosystem, Turtsat initially featured popular projects like MUBI. According to its official website, Turtsat has supported 17 IDO projects, with 18,700 participants and a total raised amount of 39.83 BTC. It has also partnered with DWF Labs and Web3 community platform Glaxe.
2. Team & Investment Info
Team: Specific details are undisclosed. In May 2024, Turtsat announced via X (formerly Twitter) that the team encountered unforeseen challenges, impacting its operations and development. A stronger team is expected to take over.
Funding: Not publicly disclosed.
3. Social Media URLs
X: https://x.com/Turtsat
Telegram: https://t.me/turtsat
Discord: https://discord.com/invite/nTUAkJzVkj
Medium: https://medium.com/@Turtsat
4. Token Info
Token Symbol: TURT
Total Supply: 1,000,000,000
Token Type: ERC-20; BRC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address:
https://etherscan.io/token/0x0800394f6E23dD539929c8B77a3d45c96F76AEFC
https://unisat.io/brc20/TURT
Token Distribution:
Public Sale: 2.79%, TGE 100%
Private Sale: 7.5%, TGE 100%
Airdrop: 7.5%, TGE 100%
Future Fundraising: 5%, released as needed
5. Related Links
Official Website: https://turtsat.io/
Other Info: https://www.rootdata.com/Projects/detail/TurtSat?k=ODAzNg%3D%3D