The way tokens are issued has an important impact on the crypto market. It directly affects the project's community building, liquidity, price stability, investor participation, future expectations, etc. The appropriate issuance method can attract more investors and users to participate, enhance the project's community building and value realization. Improper issuance and distribution may lead to fluctuations in token prices and loss of investor trust.
At present, the mainstream distribution methods are mostly based on opportunities, capital or networks. Retail investors cannot participate in the early issuance of tokens. Even if they can participate, they face high thresholds and financial risks, and are in a weak position in the market!
ZAP's vision is to make token issuance easier while providing early adopters for projects. ZAP combines the power of Blast with a new set of financing mechanisms to provide more value to founders and investors, make early-stage investment more democratic, transparent and fair, and incentivize long-term investors to participate in the ecosystem.
About ZAP
ZAP is a community-driven token issuance protocol built on Ethereum Layer2 Blast, committed to alleviating the current problems in the token issuance field and providing a fair, authentic and trustworthy platform for project founders and investors!
ZAP won the championship in the Big Bang competition organized by Blast! More than 3,000 teams participated in the event, and 47 winners were finally selected. In the winning announcement, Blast stated that it would allocate a significant portion of the airdrop to the winning projects after the mainnet is launched in May.
ZAP Core Components
The ZAP protocol consists of three core components: Labs, Launch, and Drops. Each component has a different purpose, designed to meet the needs of project launch tokens, fair distribution, and more profit opportunities for ZAP users!
ZAP Labs
ZAP Labs provides a tailored launch experience for projects at advanced stages of product development, often with venture capital funding.
These projects can get some exclusive planning and suggestions, including:
Dedicated account manager: Provides personalized guidance and assistance throughout the launch process
Consulting services: help revise strategy, optimize token economics, and provide advice for successful token launches
Access to ZAP Partners: Helps provide strategic partners and additional resources, including exchange partners, market makers, and value-added investors
Access to external funding: Helps obtain additional funding when needed
Post-launch support: Provide ongoing guidance and assistance as needed
Through the resources and expertise provided by ZAP Labs, projects can be successfully launched using the most suitable issuance method, providing a foundation for the initial operation of the project and bringing huge benefits to the project and investors.
ZAP launch
ZAP Launch provides a fair launch platform for permissionless token issuance and is the easiest way to bring new tokens to market. Projects can use Launch to set up a fundraiser, create tokens, and direct liquidity to the exchange of their choice. Using the infrastructure provided by ZAP, this process only takes a few minutes, minimizing the confusion and risk for projects when issuing tokens!
Projects that choose the permissionless path also have the option of choosing from a variety of release models and post-launch partners to ensure a successful launch.
ZAP Drops
For projects that choose to airdrop, Drops provides a platform with intelligent anti-bot measures. Through Drops, projects can set up various on-chain and off-chain operations, and users can complete social tasks, interactive tasks, etc. through a gamified experience! ZAP will verify whether the user successfully completes these operations and give points as rewards. The more points, the more airdrops will be allocated.
A key feature of Drops is the user dashboard, where users can easily claim their airdrops without worrying about missing out! This not only improves the user experience, but also eliminates the high transaction costs that projects typically incur when conducting large airdrops. In addition, Drops also provides comprehensive marketing support to increase the effectiveness and impact of airdrop campaigns.
ZAP Vaults
In ZAP's dynamic ecosystem, the ZAP Vault is designed to reward the earliest supporters. Owning a ZAP Vault is the key to unlocking various rewards on the ZAP platform. Vault not only unlocks ZAP rewards, but also provides exclusive benefits, enhancing the interaction between holders and ZAP in all aspects.
Benefits of holding Vaults include:
Daily ZAP Rewards
20% of the total ZAP supply is reserved for ZAP Vault holders (aka Vault Supply) and distributed daily for 900 days. 150,000 rewards are distributed to users at 00:00 UTC each day and can be redeemed in the TGE! Every 180 days, the number of rewards is halved and the reward distribution for each Vault holder is recalculated. The halving mechanism can reward early supporters more and encourage holders to participate in the ZAP ecosystem for the long term.
Prize Pool
20% of the Vault supply is reserved as a bounty pool. More rewards can be earned by actively participating in the ecosystem and increasing referrals and Vault holdings. The bounty pool is designed to incentivize user participation and growth within the ZAP ecosystem.
Its distribution is based on two different weighted indices: the number of referrals and the number of Vaults held. The more referrals and the more Vaults held, the higher the weight and the more rewards you get. Allocating more rewards to holders who contribute to the ecosystem can strategically stimulate growth and participation.
It is important to note that users must hold at least 1 Vault to qualify. Once one of the weight requirements is met, users will earn income from the bonus pool every day based on their weight.
Vault Staking
Fees from ZAP platforms (such as mining pools) will be allocated to the ZAP staking pool and distributed as rewards. Staking ZAP earns rewards, and by reinvesting, you can still enjoy compound interest and get more future rewards. From ecosystem advantages to launch partner rewards, Vault holders are able to get rich returns.
Other exclusive rewards
NFT Drops: ZAP Vault holders can get mysterious airdrops, and one lucky holder will get the Fat Penguin airdrop
Labs Drop: Get early access to upcoming features and products.
Additional benefits: Enjoy early access, exclusive promotions and enhanced rewards.
ZAP Vault is still on sale, the first 10,000 Vaults are at a fixed price of 1,000 USDB. The next 200 Vaults are at a fixed price of 1,250 USDB. The price will increase by +15 USDB for every 200 additional Vaults purchased. The sale started on March 28th, and more than 10,000 Vaults were sold in a little over a day, which is equivalent to raising 10 million USD.
Sales start date: March 28
Total Vaults: 30,000 Vaults
Summarize
ZAP is built on Blast, an EVM-compatible Layer2 public chain, and can inherit the security and liquidity of Ethereum! According to DifiLIama data, Blast's TVL ranks 7th among all public chains. There is a lot of capital on the chain, and there are also a large number of projects waiting to be launched and issue tokens.
As an innovative project dedicated to solving problems in the field of token issuance, ZAP provides a fair, authentic and trustworthy platform for project founders and investors through its powerful community-driven token issuance protocol. Through the perfect combination of the three core components of ZAP Labs, Launch, Drops and Vault, a democratic, transparent and fair token issuance ecosystem has been built, which provides a foundation for project launches, provides investors with more opportunities to participate, and establishes a strong infrastructure to promote the development of the entire cryptocurrency and blockchain field.
As ZAP continues to develop and grow, we look forward to seeing more projects successfully launched through the ZAP platform and contributing to the prosperity of the entire ecosystem.