ZIGChain’s 3,300% growth is being driven by innovation, RWA integration, and GameFi

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As a seasoned analyst with over a decade of experience in the crypto market, I have witnessed countless projects rise and fall. However, ZIGChain stands out as one project that has consistently impressed me with its innovative approach, strategic partnerships, and impressive growth trajectory.

Amidst a slight slowdown in the ongoing bull market, one standout project that’s still gaining momentum, both financially and in terms of popularity, is ZIGChain – a decentralized social investment platform. In simple terms, since July 2023, the value of its currency has skyrocketed from just $0.005 to an impressive $0.17, representing a staggering growth of around 3,300%.

$ZIG’s financial ascent over the last 18 months (source: Coingecko)

The continuous growth in ZIG’s finances can be attributed to a variety of community-focused initiatives and collaborations. An illustrative example is the recent ‘Buyback & Burn’ event by the ZIGChain team on November 30, which was their largest yet, with approximately $146,000 worth of $ZIG tokens (equivalent to around 903,410 units) being removed from circulation. This action serves to increase scarcity and stimulate interest in the asset due to the enhanced demand it creates.

Indeed, during the month of November alone, we observed a total burn volume exceeding $268,000. Earlier in the year, approximately 6.4 million $ZIG Coins, valued at around $80,000, were destroyed, bringing the total burned $ZIG to 41,059,555. In a recent tweet discussing these burns, co-founder Abdul Gafit Rafay stated that “Zignaly’s Assets Under Management (AUM) are approaching new peaks and they mark a significant shift towards Zigchain, with all this AUM set to become Total Value Locked (TVL)”.

ZIGChain functions as a base layer for developers to construct novel systems aimed at creating wealth. Since October, there has been a significant number of users showing interest in this platform, with over 3,000 individuals signing up for the testnet waiting list.

Lately, the initial edition of the ZIGChain Whitepaper has been made accessible to the general public. This document outlines the inner workings of the system’s governance structure, staking mechanism, and fee systems, as well as the strategies the development team intends to employ in utilizing their $ZIG reserves for the growth and advancement of the ecosystem.

Partnerships driving innovation and adoption

In a notable development, ZIGChain has been advancing significantly in the field of strategic alliances and groundbreaking projects. For example, it recently collaborated with Propchain to integrate blockchain technology with real estate investments, thereby making it possible for more people to invest in high-end property markets and Regulated Warrant Automatics (RWAs).

In simpler terms, Propchain offers a strong platform valued at $135 million for tokenized real estate, while ZIGChain is an innovative blockchain designed to foster wealth growth and has a technical plan that involves creating a user-friendly interface to streamline intricate financial transactions.

As a researcher delving into the dynamic world of blockchain technology, I’m excited to share that ZIGChain has expanded its horizons beyond real estate and ventured into the gaming sector. Strategically, we have partnered with Moon Tropica, an exhilarating battle arena game. Our aim is to strengthen Moon Tropica’s in-game economy and elevate its overall GameFi experiences, providing a more immersive and engaging experience for gamers like us.

Additionally, the initiative is not only involved but also financially supporting a number of prominent international events, like becoming the Gold Sponsor for CryptoFightWeek’s CFN5 event held in Dubai.

To conclude, starting from the beginning of this year, ZIGChain has partnered with various crypto companies such as Web3Auth, HoudiniSwap, Enjinstarter, and SpectreAI. Furthermore, they’ve introduced an engaging initiative called Wealth Generation Quest, which grants 100 exclusive Wealth Passes. These passes offer special privileges like entry to private events, financial aid, airdrops, and giveaways within the ZIGChain network.

Looking ahead toward an even brighter future?

It appears that prominent cryptocurrency investors, including some ‘whale’ investors, haven’t missed the increasing excitement about ZIGChain’s future. Notably, they have been tactfully purchasing large amounts of $ZIG tokens.

For example, STILL K.A.P.O, a renowned trader with over 260,000 followers, publicly disclosed last month that he had been consistently purchasing 1 ETH worth of $ZIG daily for 30 days. 

In response, notable figures within the cryptocurrency community, such as Andrew from CryptoAreaGlobal.com (also known as CryptoAndrew) and Stasher, have adopted similar token acquisition strategies. Specifically, they plan to purchase about 1 ETH of ZIG tokens daily for roughly a month.

In summary, ZIGChain’s collaboration with PureVPN represents a crucial step forward in ZIGChain’s growth journey, making PureVPN the first official validator for ZIGChain. It’s intriguing to anticipate how this project will evolve and thrive in the time ahead.

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2024-12-21 17:02