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Tokenomics

$ZKC, represented by the ticker name of ZKCross, serves as a utility token designed to facilitate payment for utilizing various modules within blockchain ecosystems. Its primary objective is to enable seamless transactions involving zkWasm prover networks, data availability, and settlements on layer 1.

By utilizing $ZKC, users gain access to essential functionalities and services within blockchain networks. These services include the zkWasm prover network, which leverages zero-knowledge proofs to provide efficient and secure validation of transactions and smart contracts. Additionally, $ZKC enables users to access data availability solutions, ensuring that data required for blockchain operations is reliably accessible. Furthermore, the token facilitates settlements on layer 1, allowing users to conveniently pay transaction fees and costs associated with utilizing blockchain modules.

With $ZKC, users can leverage the benefits of these blockchain modules while seamlessly transacting and interacting with decentralized applications (dApps) and smart contracts. As a utility token, $ZKC plays a crucial role in enabling the efficient functioning and utilization of blockchain networks, providing users with a means to access and benefit from the underlying technologies and services they offer.

Total Supply​

The total supply of $ZKC is: 1,000,000,000

Token Distribution and Schedule​

  • 20% Investors
  • 15% Team
  • 4% Advisors
  • 10% Marketing, Initial Liquidity, Airdrop
  • 51% Community
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pie showData
    title Token Distribution
    "Investors" : 20
    "Team" : 15
    "Marketing, Initial Liquidity" : 10
    "Advisors" :  4
    "Community Treasury" : 51

Vesting Schedule:​

Team & Advisors: 1-year cliff, followed by a 3-year linear vesting period.

Seed investors: 10% TGE, rest vest in 24 months on a quarterly basis.

Private round investors: 15% TGE, rest vest in 18 months on a quarterly basis.

Community Treasury​

A community-managed treasury opens up a world of infinite possibilities. We hope to see a variety of experimentation, including ecosystem grants and public goods funding, which can foster additional ZKCross ecosystem growth.

The community treasury will retain 51% of the $ZKC supply to distribute on an ongoing basis through contributor grants, community initiatives, liquidity mining, and other programs.

ZKCross community members control all $ZKC in the community treasury through voting governance.