ZigZag founder plans to raise $500,000 for his new project with a valuation of $10 million

ChainCatcher message, the founder of the Ethereum Layer 2 ZK Rollup order book DEX ZigZag plans to raise $500,000 for its new DEX project Invisible at a valuation of $10 million. This will be a round of public financing, with a minimum payment amount of $10,000. The funds raised will be used to cover auditing, ZK provers, and initial operating costs.

Invisible will be launched as an independent project, with a portion of the platform tokens (at least 20%) ultimately unlocked and released to ZZ holders. The exchange will charge fees and generate revenue from the outset, with all fees eventually going to the token holders.