zkSync, a zero-knowledge (ZK) layer 2 scaler on Ethereum, has introduced its own token, zkSync (ZK), and is preparing to airdrop nearly 3.68 billion tokens in the upcoming week. The project announced on June 11 that 17.5% of the total supply of 21 billion tokens will be distributed to 695,232 eligible wallets, with the rest allocated for various purposes. The token's value reached $0.71 on exchanges like Aevo and PancakeSwap, estimating a market capitalization of approximately $14.91 billion. The airdrop will mainly benefit network users, with specific criteria to be met for eligibility. Additionally, a small percentage of tokens will be distributed to players of Crypto: The Game and holders of specific NFT collections. The remaining supply will be split between investors and the zkSync development team. The tokens will unlock gradually over three years, fostering community involvement and governance participation. Read more AI-generated news on: https://app.chaingpt.org/news