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zkCross Network (CROSS)

Upcoming
Total Raise: $3,604,000
Date: TBA - 20 Nov 2024

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.  

❗️ ❗️ ❗ IMPORTANT:

Please be aware that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch doesn’t provide financial advice, nor does it intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 89+ distinct variables/metrics, refined over time through the team's rich 7-year experience.

zkCross Network Overview

Ticker: CROSS
Country: United Arab Emirates
Founded: May 2024
Whitelist: No
Blockchain Network: Ethereum
KYC: No
Bounty: No
MVP: Yes
Type: IDO
Security Audit: No

zkCross Network Review

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:

  • Staking Rewards;
  • Token Buyback Program;
  • Governance Participation;
  • Grant Program;
  • Partner Airdrops.

 

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: 

  • User friendly interface;
  • Confirmed airdrop;
  • Good SMM score;
  • Powerful PR Performance;
  • Above-the-average Marketing Infrastructure;
  • Reputable partners from top 30 crypto market cap;
  • Wide presence on the different offline crypto conferences;
  • Many AMA’s sessions with the team.

📛 zkCross Network cons:

  • No public security audits;
  • High inflation rate (over 47% per first year);
  • Below the average Growth Marketing;
  • Weak Influencer Marketing performance;
  • Bad SEO;
  • No Tier 1 investors.

zkCross Network Token Economy

Total Raise: $3,604,000
Total Supply: 2,100,000,000
Private/Pre-sale: 168,000,000 (8%)
Public Sale: 105,000,000 (5%)
Fully Diluted Valuation (FDV): $52,500,000
Initial Circulation Supply: $2,940,000 (5.6% of FDV)

zkCross Network Token Sale (ICO & IDO) Rounds

Private: Sep 2024 Past

Price: $0.024
Tokens for sale: 105,000,000
Raise: $252,000,000
Lock-Up: 10% on TGE, 3 month cliff and 15 month linear vesting 
Strategic: Sep 2024 Past

Price: $0.012
Tokens for sale: 42,000,000
Raise: $504,000
Lock-Up: 10% TGE, 3 month cliff and 15 month linear vesting
IDO: TBA - TBA Upcoming

Price: $0.025
Tokens for sale: 4,000,000
Raise: $100,000
Lock-Up: Vesting 20% at TGE, 3 months cliff, 6 months vesting
Launchpad: OpenPad logo OpenPad
IDO: TBA - TBA Upcoming

Price: $0.025
Tokens for sale: 80,000,000
Raise: $2,000,000
Lock-Up: Vesting 20% at TGE, 3 months cliff, 6 months vesting
Launchpad: Paid Network Logo PAID Network

zkCross Network Token Release Schedule

zkCross Network Vesting

zkCross Network Funds and Backers

Submit
2 numbers of
investment
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zkCross Network Marketing Activity

Search Engine Optimization
Social Media & Community Management
PR & Traffic
Marketing Infrastructure
Influencer Marketing
Growth Marketing
Last Update:  04 Nov 2024 Upgrade

zkCross Network Team

Shivam Tandon
Shivam Tandon
CEO
Muhammad Ali
Muhammad Ali
CCO
Priyank Agarwal
Priyank Agarwal
CCO

zkCross Network News

zkCross Network Roadmap

Phase 1: Non-EVM Blockchains

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.

Phase 2: EVM Blockchains Expansion

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.

Phase 3: Community Growth & Engagement

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+.

Phase 4: Bitcoin Ecosystem Expansion

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.

Phase 5: Real-World Asset (RWA) Integration

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.

Phase 6: Community Blockchain Expansion

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 Airdrop & Retrodrop & Bounty

Airdrop (Retrodrop)
zkCross Network logo
funds
Start Date:
30 Apr 2024
End Date:
20 Nov 2024
Difficulty:
Easy
Winners:
N/A
Rewards:
N/A

Description

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.

Read More

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