CoinList is set to launch a presale for tea Protocol's token on September 25 at 17:00 UTC, featuring a fully diluted valuation of $50 million. The presale will utilize a 'bottom-fill' allocation method, prioritizing smaller purchases to encourage broad participation, while still accommodating larger buyers. Tea Protocol seeks to integrate Web2 open-source code libraries into the Web3 ecosystem, aiming to enhance sustainability and offer fair compensation to open-source developers.