Announcing Our Community Token Sale on CoinList & The zkLink Explorer Whitelist

Published in

zkLinkBlog

5 min readJan 11, 2024

zkLink, a trailblazer in the zero-knowledge blockchain sector, is thrilled to unveil a unique opportunity to its vibrant community. Later this month, zkLink will be hosting a community sale on the prestigious platform, CoinList, known for launching some of the most innovative cryptocurrency and blockchain projects. This event marks a pivotal moment in zkLink’s journey to realizing high-performance DeFi through our cutting-edge zero-knowledge trading infrastructure and newly launched Nexus platform.

Apply for the “zkLink Explorer’s Whitelist” to get priority access to our community sale on CoinList.

Embrace the future of DeFi with zkLink’s groundbreaking token sale and Whitelist!

zkLink Explorer’s Whitelist: Your Gateway To Exclusive zkLink Rewards

Leading up to our community token sale on CoinList, we’re OPENING the zkLink Explorer’s Whitelist to show our appreciation for the community and launch a campaign that will provide users with priority access to the zkLink community token sale and to major events in the future.

The zkLink Explorer’s Whitelist commences on January 11th and lasts until January 16th.

How To Participate In The zkLink Explorer Whitelist

Fill out this Whitelist Application form with your wallet address by 12:00 PM, UTC on January 16, 2024.
Follow zkLink’s social media channels to increase your chances. Priority will be given to active community members and long term zkLink supporters
We will announce the results of the Whitelist before January 19th. Whitelisted users will be awarded the ‘zkLink Explorer’ Role on Discord.
For those selected, congratulations on being a zkLink Explorer.

Users are still required to register on the zkLink deal page on CoinList to qualify for the token sale.

The zkLink Explorer Whitelist is your front-row ticket to experience the next stage of our technical and ecosystem development. Whitelisted members will have the opportunity to fully engage with the zkLink platform, providing valuable feedback and earning incentives for their participation. This initiative is a testament to our commitment to involving the community actively in our ecosystem, not just as users, but as proud zkLinkers

*Disclaimer*: All the whitelist spots are to be awarded to community members at the full discretion of the zkLink management team.

Announcing The zkLink Community Token Sale On CoinList

First and foremost, we’re thrilled to announce that registration for the zkLink Community Sale is now open. For complete information regarding the Community Token Sale, visit the CoinList deal page.

Here are some key details about the Community Token Sale and the ZKL token. The sale registration begins on January 11th, 2024 at 17:00 UTC and closes on January 22nd, 2024 at 12:00 UTC.

Sale Date: Thursday, January 25th, 2024 at 18:00 UTC
Token Price: $0.15 per ZKL token
Token Lockup Terms: 30% unlock around March 31st, 2024, followed by 9 months of monthly linear vesting
Token Allocation for Sale: 31,250,000 ZKL tokens (ERC20)
% of Total Supply: 3.125%
Minimum/Maximum Purchase: $100 / $500
Additional Allocation Requests: $100 / $1500
Funding Methods: USDT, USDC
Excluded Participants: Residents of the US, Canada, China, Republic of Korea, and certain jurisdictions

ZKL Token Distribution Information & Utility

ZKL is the native utility token and governance token for the zkLink protocol. ZKL helps developers unlock access to the zkLink rollup infrastructure service, including the ZK proof markets. It is also the governance token of the zkLink DAO, which governs the development of the protocol. ZKL will be a standard ERC20 token issued on the Ethereum Mainnet. The total supply of ZKL is capped at 1 billion and is non-inflationary. ZKL will also be made available on its connected chains. In summary, ZKL will be used to:

Unlock zkLink rollup infra services
Pay for zero-knowledge proof computational resources
Govern zkLink’s development through the zkLink DAO

Additional information regarding zkLink’s tokenomic model and ZKL’s utility can be found in our whitepaper.

zkLink’s Funding & Raise History

As of date, zkLink has successfully secured funding through two major rounds, amassing a total of $18.5 million.

zkLink completed its initial seed round funding on October 22nd, 2021. The round raised a notable $8.5 million and was led by Republic Crypto. Distinguished participants also included Arrington Capital, DeFi Alliance, Huobi Ventures, Solana Ventures, Polygon Ventures, Ascensive Assets, Morningstar Ventures, and Marshland Capital.

zkLink secured an additional $10 million in funding during a strategic round on May 4th, 2023. This round saw participation from notable entities such as Coinbase Ventures, Ascensive Assets, SIG DTI, BigBrain Holdings, and Efficient Frontier, among others.

Join Us In Shaping The Future

zkLink’s focus on community engagement is a response to the evolving dynamics in the blockchain space. We believe in empowering our users, transforming them from passive participants to key drivers in our protocol’s future.

Stay tuned for more updates on this exciting venture. For those eager to be at the forefront of blockchain innovation, the zkLink Community Token Sale and the zkLink Explorer Whitelist Program are opportunities you don’t want to miss.

Disclaimer

Residents of the United States, Canada, China, the Republic of Korea, and certain jurisdictions are excluded from participating in zkLink’s Explorer Whitelist and the CoinList community token sale.

About zkLink

zkLink develops zero-knowledge blockchain solutions for high performance ZK applications. Its flagship zero-knowledge Layer-3 solution, Nexus, is designed to bridge the gap among different zk-Rollup Layer-2 ecosystems to reduce liquidity fragmentation while providing security and scalability via zk-Proofs. It also enhances performance and reduces the cost for trading dApps, while making zero security compromises, by inheriting the security characteristics from Ethereum.