ZRO Project Analysis
1. Research Institute Review
LayerZero is a messaging protocol rather than a blockchain. LayerZero utilizes smart contracts deployed on each chain, combined with a decentralized validator network (DVN) and executors, to enable seamless interaction between different blockchains. LayerZero has garnered significant interest from major investors from the start, ensuring ample funding to support the advancement of technical products and the long-term development and operation of the project.
2. Recent Breakthrough
This cross-chain bridge project has attracted significant institutional investment. Due to a large number of users seeking airdrops, the number of token holders has reached 400,000, indicating high popularity.
3. Project Introduction
LayerZero is a universal foundational protocol for data information communication. It transmits information on-chain in a secure and straightforward manner to achieve cross-chain communication between applications.
4. Token Utility
Governance, staking.
5. Token Economic Model
The total supply of tokens is 1,000,000,000 ZRO, distributed as follows:
- Community: 383,000,000 ZRO (38.3% of the total supply), intended to reward early, current, and future enduring developers and users of LayerZero, while also developing the LayerZero ecosystem. Of this, 8.5% of the airdrop will be released during today's TGE; 15.3% will be reserved for future distribution to users, protocols, developers, or community members; 14.5% will be managed by the LayerZero Foundation, with 5% released at the beginning of TGE for ecosystem growth, grant programs, and liquidity supply.
- Strategic Partners: 322,000,000 ZRO (32.2% of the total supply), including investors and advisors. This portion will be locked for 1 year and then unlocked monthly over 2 years.
- Core Contributors: 255,000,000 ZRO (25.5% of the total supply), including current and future team members. This portion will be locked for 1 year and then unlocked monthly over 2 years.
- Buyback: 40,000,000 ZRO (4% of the total supply), repurchased by LayerZero Labs and allocated to the community portion.
6. Project Highlights
None
7. Investors
LayerZero has completed three rounds of financing, with disclosed amounts totaling $293 million. Investors include notable crypto investment firms such as Multicoin, Binance Labs, a16z, and Sequoia Capital. The latest round of financing on April 4, 2023, raised $120 million at a valuation of $3 billion.
8. Community
669,600 followers on Twitter, 46,105 members on Telegram, and 395,154 members on Discord.
9. Special Economic Model
None
10. Future Outlook
LayerZero is an innovation beacon in the blockchain world. With its unparalleled interoperability, advanced cross-chain communication, robust security measures, and future-oriented technology, we expect to see more innovative solutions like LayerZero as the cryptocurrency field evolves, driving further growth and adoption. As far as I know, ZRO can be considered one of the best "pioneers" in addressing blockchain issues. Whether it will become the next major success remains to be seen.
Basic Information
Project Introduction:
LayerZero is a universal foundational protocol for data information communication. It securely and simply transmits information on-chain to achieve cross-chain communication between applications.
Token Full Name: LayerZero
Token Name: ZRO
Project Website: https://layerzero.network/
Project Documentation: None
Block Explorer: https://arbiscan.io/token/0x6985884c4392d348587b19cb9eaaf157f13271cd
Liquidity Query: https://arbiscan.io/address/0x4cef551255ec96d89fec975446301b5c4e164c59#balances
Join the CoinW Institute to decipher the world of crypto with no threshold for quality projects!
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CoinW Institute
2024/6/24
ZRO Project Analysis
1. Research Institute Review
LayerZero is a messaging protocol rather than a blockchain. LayerZero utilizes smart contracts deployed on each chain, combined with a decentralized validator network (DVN) and executors, to enable seamless interaction between different blockchains. LayerZero has garnered significant interest from major investors from the start, ensuring ample funding to support the advancement of technical products and the long-term development and operation of the project.
2. Recent Breakthrough
This cross-chain bridge project has attracted significant institutional investment. Due to a large number of users seeking airdrops, the number of token holders has reached 400,000, indicating high popularity.
3. Project Introduction
LayerZero is a universal foundational protocol for data information communication. It transmits information on-chain in a secure and straightforward manner to achieve cross-chain communication between applications.
4. Token Utility
Governance, staking.
5. Token Economic Model
The total supply of tokens is 1,000,000,000 ZRO, distributed as follows:
- Community: 383,000,000 ZRO (38.3% of the total supply), intended to reward early, current, and future enduring developers and users of LayerZero, while also developing the LayerZero ecosystem. Of this, 8.5% of the airdrop will be released during today's TGE; 15.3% will be reserved for future distribution to users, protocols, developers, or community members; 14.5% will be managed by the LayerZero Foundation, with 5% released at the beginning of TGE for ecosystem growth, grant programs, and liquidity supply.
- Strategic Partners: 322,000,000 ZRO (32.2% of the total supply), including investors and advisors. This portion will be locked for 1 year and then unlocked monthly over 2 years.
- Core Contributors: 255,000,000 ZRO (25.5% of the total supply), including current and future team members. This portion will be locked for 1 year and then unlocked monthly over 2 years.
- Buyback: 40,000,000 ZRO (4% of the total supply), repurchased by LayerZero Labs and allocated to the community portion.
6. Project Highlights
None
7. Investors
LayerZero has completed three rounds of financing, with disclosed amounts totaling $293 million. Investors include notable crypto investment firms such as Multicoin, Binance Labs, a16z, and Sequoia Capital. The latest round of financing on April 4, 2023, raised $120 million at a valuation of $3 billion.
8. Community
669,600 followers on Twitter, 46,105 members on Telegram, and 395,154 members on Discord.
9. Special Economic Model
None
10. Future Outlook
LayerZero is an innovation beacon in the blockchain world. With its unparalleled interoperability, advanced cross-chain communication, robust security measures, and future-oriented technology, we expect to see more innovative solutions like LayerZero as the cryptocurrency field evolves, driving further growth and adoption. As far as I know, ZRO can be considered one of the best "pioneers" in addressing blockchain issues. Whether it will become the next major success remains to be seen.
Basic Information
Project Introduction:
LayerZero is a universal foundational protocol for data information communication. It securely and simply transmits information on-chain to achieve cross-chain communication between applications.
Token Full Name: LayerZero
Token Name: ZRO
Project Website: https://layerzero.network/
Project Documentation: None
Block Explorer: https://arbiscan.io/token/0x6985884c4392d348587b19cb9eaaf157f13271cd
Liquidity Query: https://arbiscan.io/address/0x4cef551255ec96d89fec975446301b5c4e164c59#balances
Join the CoinW Institute to decipher the world of crypto with no threshold for quality projects!
Btok: https://s65535.com/CoinwExchangeEnglish
CoinW Institute
2024/6/24