ZkLink ZKL
Report IssuezkLink develops zero-knowledge blockchain solutions for the Ethereum ecosystem. The flagship zero-knowledge layer 3 aggregator platform, Nexus, is designed to bridge the gap between different zk-Rollup layer 2 ecosystems to reduce liquidity fragmentation while providing security and scalability with zk-Proofs. It also improves performance and reduces the cost of trading decentralized applications, while not making any security compromises, inheriting the security characteristics of Ethereum.
Details
Score Fundraising Statistics
Coinbase Ventures Tier 1
Arrington XRP (Arrington Ca... Tier 2
HTX Ventures (previously Hu... Tier 2
Short Review ZkLink
Crypto project ZkLink (ZKL) is classified as a Blockchain Service. ZkLink is a Utility token that is hosted on the Ethereum Network. The current total supply is 1.00 B ZKL (Circulating Supply + Tokens yet to be released - Burned Tokens).
ZkLink ICO Overview
Public sale of tokens will take place on the Coinlist Launchpad. Estimated date for the public token sale: 25 January 2024. ZkLink (ZKL) price during the token sale: 0.15 USD. You can purchase project tokens for USDT,USDC
ZKL Price Chart
Fundraising Rounds
Total sold 31.25 M ZKL tokens (3.12 % of total tokens). Total amount of funds raised by the ZkLink project is $23.19 M.
| Investment Round | Date | Price | Funds Raised |
| Strategic Round | 4 May 2023 | -- | $10.00 M |
| Funding Round | 22 Nov 2021 | -- | $8.50 M |
| Private Stages | -- | -- | -- |
ZkLink Investors
Coinbase Ventures Tier 1 Arrington XRP (Arrington Capital) Tier 2 HTX Ventures (previously Huobi... Tier 2
Morningstar Ventures Tier 2Cryptocurrency zkLink (ZKL)
Key points:
- Liquidity aggregation. The zkLink unified network combines stablecoins, ETH and various multi-chain tokens into a single token, eliminating discrepancies between chains.
- Hyperscale, providing Ethereum-level security. zkLink app packages can reach over 1000 TPS and transaction costs of less than $0.001 while maintaining security measures equivalent to Ethereum. This propels the growth of DeFi for traders to new heights!
- Multi-chain abstraction with cross-chaining. zkLink allows users to deploy using the language and tools you are familiar with, with access to multiple L1 and L2 layers. Trade and manage multi-chain tokens in one user interface without the need to create a cross-chain asset bridge.
Using the zkLink accumulative solution, three different dApps have been created, and their number will increase.
ZKL Utilities
ZKL functions as its own utility token and control token for the zkLink protocol. Operating as a standard Ethereum token on Ethereum, ZKL will also be available through integrated Layer 1 chains and Ethereum Layer 2 rollups. The total supply of ZKL is limited to 1,000,000,000 ZKL tokens and supports a non-inflationary model.
Verifier Commission: ZKL acts as the main payment token for the zero-knowledge proof generation service, proposed by the inspectors. As part of the zkLink App Rollup infrastructure solution, DApps pay a confirmation fee using ZKL. Provers will need to bid ZKL to gain access to the Proof Auction Market and will receive a ZKL reward upon successfully completing the proof task. The Proof Auction Market is a smart contract that coordinates the bidding process for a zero-knowledge proof job, manages reviewer access, distributes reviewer fees, and much more. Provers play an important role in the protocol by providing the computing resources needed to compute and generate zero-knowledge proofs for off-chain transactions.
Federation Infrastructure License Fee: DApps using the zkLink federation solution (Application Federation) will offset the infrastructure license fee in ZKL in the zkLink DAO storage. The alternative payment option includes future earnings sharing. zkLink DAO retains the flexibility to change its pricing structure. App savings packages collect transaction fees or other fees from users to support ongoing business operations.
Governance: ZKL is the governance token of the zkLink protocol. ZKL holders have the opportunity to participate in governing the development of the protocol by initiating and voting on proposals.
Perks: ZKL provides access to the benefits of the dApps ecosystem, such as discounts on trading fees and exclusive NFT mining opportunities. Specific incentives are curated by the zkLink DAO and supported by eco dApps through the DAO Vault to cover initial license fees.
The ZKL token ensures decentralization of the protocol in the long term. This encourages active community participation to provide the computing resources needed to create a zero-knowledge proof and keep the network running.
ZKL Tokenomics
h2> Roadmap 
zkLink Ecosystem
The zkLink ecosystem continues to grow through dApps in various categories: DEX order books, NFT marketplaces, games, RWA derivatives and more.
Currently, 3 ecosystem applications are running on the mainnet or testnet using the zkLink infrastructure:
- ZKEX: Innovating as the first omnichannel order book A DEX that enables spot and derivatives trading without restrictions. ZKEX simplifies multi-chain trading by offering a simple and accessible order book for secure trading across multiple chains, eliminating the need for cross-chain bridges or packaged tokens.
- zkJump: This is a ZK-secured cross-chain bridge for proprietary assets, which eliminates the need for intermediate or wrapped tokens. Using the zkLink infrastructure, users can seamlessly pool their multi-chain tokens in a single user interface, saving user clicks, time and costs.
- Openworld: Operating as a decentralized exchange, Openworld allows trading across multiple assets (cryptocurrencies, stocks, bonds, forex and cmdty) by anyone, anywhere and anytime. OpenWorld uses zkLink to solve problems related to transaction efficiency and liquidity fragmentation.
At the same time, the protocol integrates with industry solutions such as key developer tools, cross-chain messaging protocol, wallets, oracles, decentralized identity , modular DA, general sequencer and much more.
