zkLink will conduct a community token sale on CoinList

ChainCatcher news, based on zero-knowledge proof multi-chain trading infrastructure zkLink announced that the zkLink Explorer whitelist and community token sale plan have been launched. Users can apply for the zkLink Explorer whitelist before 20:00 Beijing time on January 16 to participate in the CoinList community sale. The whitelist will prioritize active community members and long-term supporters of zkLink. Users still need to register on the zkLink trading page on CoinList to qualify for the token sale.

In addition, the zkLink community token sale registration is now open, with sales registration starting at 01:00 Beijing time on January 12 and ending at 20:00 on January 22. The sale date is set for January 26 at 02:00. A total of 31,250,000 ZKL (ERC-20) will be allocated for token sale, accounting for 3.125% of the total supply, with a token price of $0.15 each. The total supply of ZKL is 1 billion, with 30% unlocked in the first quarter of 2024, followed by a linear release over the next 9 months. The minimum purchase on CoinList is $100 worth of tokens, and the maximum purchase is $500 worth of tokens, with support for USDT and USDC purchases.

Token economics: CoinList sale allocation accounts for 3.125%, community treasury allocation accounts for 29.875%, liquidity reserve allocation is 4%, ecosystem development allocation accounts for 22.5%, team & advisor allocation accounts for 20%, and early private placement allocation accounts for 20.5%.