Despite heavy volatility permeating the digital asset market in recent months, the industry has witnessed several blockbuster crypto events, showcasing its continued growth and innovation. For instance, August alone saw the conclusion of premier events such as the Asia Blockchain Summit and Istanbul Blockchain Week, among several others.
That said next week, two of the largest, most prestigious crypto conferences in the world — namely, Token2049 and Degen Summit — are set to get underway. The former is scheduled to take place between the 18th and 19th, while the latter is a one-day event that will conclude on the 16th. Both events are scheduled to take place in Singapore.
One common thread tying both conferences together is the fact that they are both being sponsored by the upcoming Blockchain ZIGChain, with the co-founder, Adbul Rafay Gadit, set to deliver a detailed talk on the ‘tokenization of intellectual property (IP)’ at the Degen Summit.
Also, it bears mentioning that this year’s iteration of the two events will host a range of speakers, including venture capitalist Balaji Srinivasan, Solana co-founder Anatoly Yakovenko, Binance CEO Richard Teng, Manta co-founder Victor Ji and Animoca Brands director David Ching (among many others).
Finally, as part of the festivities, on September 18, ZIGChain is hosting the ‘ZIGChain Singapore 2024 Meetup’ – the biggest side-event of Token2049. The program seeks to bring together the movers and shakers of the Web3 universe for an evening of networking and knowledge sharing.
Similarly, on the 19th, the firm is sponsoring a mixed martial arts (MMA) event dubbed ‘Crypto Fight Week.’ It will take place at the Marina Bay Sands (the same venue as Token2049) and will lay host to some of the top combat sports athletes and WEB3 veterans.
ZIGChain’s ascent explained.
Since the start of the year, ZIGChain has made major strides within the crypto landscape, forging many high-profile partnerships in the process. Most recently, the team partnered with Three Protocol, bringing their advanced AI solutions for eCommerce to its platform. Similarly, the firm also announced the release of its Mastercard-backed ZigChain Card, allowing users to spend their crypto seamlessly across the globe.
However, most importantly, on August 29, Zignaly announced the release of its ZIGStake program, offering staking rewards of 60,000,000 $ZIG worth approx. $6 Million. The initiative redefines the $ZIG ecosystem by providing substantial rewards for early adopters. Moreover, since there is no minimum staking requirement, anyone can participate and earn from the aforementioned reward pool (i.e. proportional to their staked funds).
In this context, is should be noted that ZIGChain recently completed a major airdrop, distributing 17,500,000 $YAWN — a meme token benefiting from brand-driven businesses — to users who had staked at least 5,000 $ZIG. Early $ZIG stakers also received airdrops of 150,000 $NEIRO, 27,000,000 $EBULL, and 3,365,520,000,000 $PEPAY.
Additionally, the team has set aside 125 million tokens for a community pool dedicated entirely to staking rewards and community development. Last week alone, the firm has already airdropped over $150,000 to its backers with anticipation of more coming.
Steady growth is the name of the game.
Over the past year, $ZIG’s value has increased by nearly 2,000%, with this growth being rooted in several positive developments surrounding the ecosystem.
The project has established collaborations with leading crypto projects like Web3Auth, a wallet abstraction infrastructure provider; HoudiniSwap, a crypto exchange platform; Enjinstarter, an incubation and launchpad service; and SpectreAI, an AI-based trading platform.
Lastly, Zignaly also entered a multi-faceted partnership with Messier last month, with the latter investing a significant portion of its treasury with the company. Thus, looking ahead, it will be interesting to see how things fare for $ZIG. Interesting times ahead!