zkCross Network is a blockchain agnostic protocol built to resolve DeFi industry challenges including security issues, intricate onboarding procedures, and fragmentation. The protocol focuses on maintaining user interaction and liquidity across several blockchains.
zxCross Network successfully raised $3.604M from MV Global, Blockchain Founders Fund, Foundership, MARS DAO, IBC Group, NxGe, Cointelegraph and others.
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zxCross Network protocol serves as a central hub for DeFi, bringing together essential components like messaging platforms and liquidity to facilitate the development of user-friendly cross-chain DApps. Its single architecture facilitates quick, cost-free integration of cross-chain functionality and speeds business development with its extensive SDKs and improved security.
A potential use case of zxCross Network would enable yield farming protocols to access liquidity from blockchains, DEXs, and cross-chain DeFi platforms like lending and borrowing. Furthermore, the SDK from zxCross Network facilitates easy user enrollment for blockchain DApps dealing with real-world assets (RWA).
🤑 Project launches the primary utility token within the ecosystem - $CROSS. Utilities of $CROSS include:
The CoinLaunch team analyzed the project and identified some pros and cons to consider before participating in the zkCross Network IDO or future airdrop program:
✅ zkCross Network pros:
📛 zkCross Network cons:
We’ve successfully launched zkCross Network on Hive, Tezos, and Partisia blockchains. During this phase, we implemented key features like gas abstraction, one-click swaps, and fiat on-ramps, reaching over 20,000 users.
We are now transitioning to expanding to major EVM blockchains such as Arbitrum, Avalanche, BNB, Optimism, Polygon, Blast, and Base. This phase will enhance user experience through account and chain abstraction. Our goal is to grow our user base to over 90,000.
Following our EVM expansion, this phase will kick off with engaging community initiatives. We will launch a clicker game, quests, and referral programs on Telegram, along with the introduction of the TON zkCross Exchange. This phase aims to increase our user base to 170,000+.
We will integrate the Bitcoin ecosystem by enabling one-click Bitcoin token purchases with both EVM and non-EVM tokens. This phase will also include integrating fiat on-ramps and chain abstraction into the Bitcoin network, targeting 370,000+ users.
In this phase, we will focus on integrating Real-World Assets (RWAs) into our platform. We plan to launch RWA offerings with DeFi chain abstraction and open gateways for traditional assets in DeFi, aiming for 600,000+ users.
Finally, in Phase 6, we will deploy and reward efforts to expand zkCross Network across various blockchains. This will be governed by zkCrossDAO and is expected to bring our total user base to around 950,000.
zkCross Network is a protocol that resolves problems that projects are facing in DeFi like security issues, intricate onboarding procedures, and fragmentation.
Users can earn points for making transactions on the Partisia zkCrossDEX. Hence, we decided to prepare a comprehensive guide on how to join the zkCross Network airdrop for you.
<a href="https://coinlaunch.space/projects/zkcross-network/" title="zkCross Network (CROSS)" target="_blank"><img src="https://coinlaunch.space/media/widgets/0/zkcross-network.png" width="224" alt="zkCross Network (CROSS)"></a>