What is ZIGChain (ZIG)?

ZIGChain (ZIG) is a Layer 1 blockchain focused on unlocking financial opportunities for everyone, regardless of their income level, location, or knowledge level. ZIGChain offers a platform where developers can build innovative wealth-generation protocols, and wealth managers can leverage a modular technology stack—the Wealth Management Engine—to design previously inaccessible investment strategies for anyone. Although purpose-built for wealth generation, the network remains permissionless and open to everyone.

What is ZIGChain?

ZIGChain is a Layer 1 blockchain developed to democratize financial opportunities. Developers can create smart contracts on ZIGChain using the Rust programming language with CosmWasm, enabling wealth managers to develop innovative investment strategies. The Wealth Management Engine is a modular technology stack that facilitates the implementation of these strategies. Built using the Cosmos SDK, the network offers high scalability and cross-chain interoperability. ZIGChain provides a wide range of use cases, from decentralized finance (DeFi) protocols to global wealth management.

The core mission of ZIGChain is to simplify and make wealth generation accessible by enabling financial access for all. The network provides fast transactions (finalized in under 5 seconds), low costs, and a modular framework, making it an ideal infrastructure for both individual users and institutions. ZIGChain supports innovative projects with a $100 million ecosystem fund and comprehensive developer support programs.

Purpose of ZIGChain

The global financial system presents various barriers that prevent individuals and institutions from generating wealth. Income levels, geographic location, or lack of financial knowledge limit many people’s access to investment opportunities. ZIGChain eliminates these barriers by offering a permissionless, open, and scalable blockchain network. Developers can build innovative DeFi protocols and wealth-generation tools on ZIGChain, while wealth managers can use these tools to create accessible investment strategies for everyone. The network particularly aims to enhance financial inclusion, offering economic opportunities in emerging markets.

ZIGChain operates in alignment with the Cosmos ecosystem, enabling seamless integration with other blockchain networks through cross-chain interoperability. The Wealth Management Engine reduces operational burdens for wealth managers, allowing them to implement strategies on a global scale. This enables both individual users and professional wealth managers to benefit from financial innovations.

How Does ZIGChain Work?

ZIGChain is a blockchain network built on the Cosmos SDK and utilizes the Tendermint BFT consensus mechanism. This ensures the network is secure, fast, and scalable. ZIGChain’s technical infrastructure consists of the following components:

• Smart Contracts with CosmWasm: Developers can create smart contracts using the Rust programming language on CosmWasm, providing a flexible and secure development environment.

• Wealth Management Engine: A modular technology stack that enables wealth managers to easily implement investment strategies. This engine supports integration with DeFi protocols and automates operational processes.

• Cosmos SDK: Used for high scalability and cross-chain interoperability. ZIGChain communicates seamlessly with other Cosmos-based networks as a result.

• ZIG Token: The network’s native utility token, used for transaction fees, governance, staking, and DeFi activities.

• Fast and Low-Cost Transactions: Transactions are completed in under 5 seconds with low gas fees, making it user-friendly.

Transaction Flow:

1. A user connects to the network using a ZIGChain-compatible wallet (e.g., Keplr or Leap).

2. ZIG tokens are used to pay transaction fees or interact with DeFi protocols.

3. Developers create smart contracts using CosmWasm, which are integrated with the Wealth Management Engine.

4. Wealth managers use these protocols to implement investment strategies and offer them globally to users.

Future Plans:

• Integration with more chains.

• Expansion of the Wealth Management Engine with new features.

• Enhancement of governance processes to include more users.

• Support for new protocols to grow the DeFi ecosystem.

ZIGChain Use Cases

ZIGChain offers a wide range of use cases to make financial opportunities accessible:

• DeFi Protocols: Innovative DeFi protocols developed on ZIGChain offer opportunities such as liquidity provision, lending, and yield farming.

• Global Wealth Management: The Wealth Management Engine enables wealth managers to create low-cost and flexible investment strategies.

• Financial Inclusion: Enhances financial access in emerging markets, enabling individuals to participate in wealth-generation processes.

• Cross-Chain Transactions: Compatibility with the Cosmos ecosystem allows seamless integration with other blockchain networks.

• Governance: ZIG token holders can vote on proposals that shape the network’s future.

Usage Steps:

1. Set up a ZIGChain-compatible wallet (Keplr or Leap) and acquire ZIG tokens.

2. Manage your portfolio, stake with validators, or participate in governance proposals through the ZIGChain Hub.

3. Interact with DeFi protocols or use the Wealth Management Engine to create investment strategies.

4. Transfer ZIG tokens to other networks using the cross-chain bridge.

Advantages of ZIGChain

• Developer-Friendly: Easy smart contract development with Rust and CosmWasm, comprehensive documentation, and a $100 million ecosystem fund.

• Fast and Low-Cost: Transaction times under 5 seconds and affordable gas fees.

• Scalability: High scalability and cross-chain interoperability with the Cosmos SDK.

• Wealth Management Engine: Operational ease and flexible revenue models for wealth managers.

• Inclusive Governance: ZIG token holders have the right to shape the network’s future.

• Security: Robust consensus with Tendermint BFT and network security through slashing mechanisms.

ZIGChain (ZIG) Tokenomics

ZIG is the native utility token of the ZIGChain ecosystem and forms the foundation of its economic model. The use cases for the ZIG token include:

• Blockchain Consensus: Validators stake ZIG to secure the network and earn rewards.

• Transaction Fees: Gas fees are paid in ZIG to support network operations.

• Governance: ZIG holders can create proposals for new features or protocol changes and vote on them.

• Module Fees: Fees are charged for the use of blockchain modules such as the Token Factory, Exchange, and Wealth Management Module. These fees, subject to consensus, are either burned or reinvested into ecosystem development.

• DeFi Asset: Used for liquidity provision, lending/borrowing, and protocol rewards.

Token Distribution:

• Total Supply: 2,500,000,000 ZIG

• Circulating Supply: 1,726,440,444 ZIG (69.06%)

• Community: 1,413,940,444 ZIG (56.56%)

• Founders: 445,000,000 ZIG (17.80%, subject to lockups and vesting)

• Ecosystem Development: 187,500,000 ZIG (7.50%)

• Stake Rewards: 187,500,000 ZIG (7.50%)

• Reserves: 100,000,000 ZIG (4.00%)

• Community Rewards: 125,000,000 ZIG (5.00%)

• Burned Tokens: 41,059,556 ZIG (1.64%)

Emission Schedule: Token distribution, locked tokens, and vesting programs are subject to economic conditions. ZIG is designed to incentivize network growth and reward users.

ZIGChain Investors

ZIGChain has raised $53 million and is supported by the following investors:

• OKX Ventures: Venture capital.

• Ryze Labs (Sino Global Capital): Venture capital.

• The Global Emerging Markets Group (GEM): Venture capital.

• LD Capital: Venture capital.

• AU21 Capital: Venture capital.

• LedgerPrime: Hedge fund.

• DAO Maker: Venture capital.

• Acheron Trading: Venture capital.

• BSCPad: Corporate.

• Parataxis Capital: Venture capital.

• AscendEX: Venture capital.

• Kryptos: Venture capital.

• Block Dream Fund: Venture capital.

• Disrupt.com: Corporate.

• Switchain: Corporate.

• GDA Capital: Venture capital.

Technical Infrastructure of ZIGChain

• Cosmos SDK: High scalability and cross-chain interoperability.

• Tendermint BFT: Secure and fast consensus, with transaction times under 5 seconds.

• CosmWasm: Smart contract development with Rust.

• Wealth Management Engine: Modular technology for wealth management.

• ZIGChain Hub: User-friendly interface for portfolio management, staking, governance, and cross-chain bridge operations.

• ZIG Token: Used for transaction fees, staking, and governance.

ZIGChain Team

ZIGChain is managed by an experienced team:

• Bartolome R. Bordallo: Co-Founder and CEO.

• Abdul Rafay Gadit: Co-Founder and CFO.

• David Rodríguez Coronado: Co-Founder and CMO.

• Miriam Tocino: Chief Operating Officer (COO).

• Aurora Gomez Cabezas: Chief Growth Officer.

Official Links

• Website
• X (Twitter)
• Whitpaper

 

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