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zkSync (N/A)

Past
Total Raise: $458,000,000
Date: 23 Sep 2019 - 01 Apr 2024

zkSync Era is an Ethereum Layer 2 network powered by the innovative Zero Knowledge (ZK-rollups) method to validate data on the blockchain network. It enables users to leverage the security of the Ethereum chain network with increased scalability, extra low-cost gas fees, and high-speed transactions.

The company has a large and strong network of key opinion leaders, and funds, including Vitalik Buterin, Coindesk, Coinbase Ventures, Consensys, and Blockchain Capital. It has already conducted over 5 funding rounds, raising over $458M from its investors and funds. Also, there are loud rumors about the upcoming zkSync airdrop (retrodrop) on the market. 

❗️ ❗️ ❗ IMPORTANT:

Please note that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch isn't a financial advisor and doesn't intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 80+ distinct variables/metrics, refined over time through the team's rich 7-year experience.

zkSync Overview

Ticker: N/A
Country: United States
Founded: 2019
Whitelist: No
Blockchain Network: Ethereum
KYC: No
Bounty: Yes
MVP: Yes
Type: Equity
Security Audit: Yes

zkSync Review

Let's dive deeper into the zkSync concept  to answer the question: What is zkSync?

zkSync is an L2 Ethereum network designed to enhance the capacity and scalability of the Ethereum chain while maintaining L1 security and principles. To achieve this, zk Sync leverages innovative Zero-knowledge rollups as an alternative to Optimistic Roll ups invented by Matter Labs - a company behind zkSync. It has several benefits compared to Optimistic Roll Ups and Sidechain methods for scaling the Ethereum network, including:

  • Mainnet-level security.
  • Quick ETH and ERC-20 token transfers and withdrawals within a 10-minute range.
  • Ultra-low gas fees, constituting 1% of mainnet L1 costs for ERC-20 transfers and 1/30th for ETH transfers.
  • Ability to accept fees in the token being transferred.

Read more about ZK roll ups advantages in the zkSync docs.

The zkSync crypto ecosystem currently encompasses over 100 projects. It also includes the native zkSync wallet, token bridge, and possibly a zkSync token. Although there have been mentions about the role of native token in empowering security within the zkSync crypto and zkPorter mechanism, there's no public announcement about the zkSync token launch and airdrop yet. With rumors circulating about a potential token release and potential zkSync airdrop for early supporters, it has garnered significant attention within the crypto community.

zkSync Token Economy

Total Raise: $458,000,000
Total Supply:
Private/Pre-sale: (0%)
Public Sale: (0%)
Fully Diluted Valuation (FDV):
Initial Circulation Supply: (0% of FDV)

zkSync Token Sale (ICO & IDO) Rounds

Seed: Sep 2019 Past

Price: N/A
Tokens for sale: N/A
Raise: $2,000,000
Lock-Up: N/A
Private: Feb 2021 Past

Price: N/A
Tokens for sale: N/A
Raise: $6,000,000
Lock-Up: N/A
Private: Jan 2022 Past

Price: N/A
Tokens for sale: N/A
Raise: $200,000,000
Lock-Up: N/A
Private: Nov 2022 Past

Price: N/A
Tokens for sale: N/A
Raise: $50,000,000
Lock-Up: N/A
Private: Nov 2022 Past

Price: N/A
Tokens for sale: N/A
Raise: $200,000,000
Lock-Up: N/A

zkSync Funds and Backers
(3/10)

Submit
OKX Ventures logo
OKX Ventures
Score:
15 numbers of
investment
Read More
Dragonfly Capital Logo
Dragonfly Capital
Score: Very High
14 numbers of
investment
Read More
11 numbers of
investment
Read More
View All

zkSync Marketing Activity

Search Engine Optimization
Social Media & Community Management
PR & Traffic
Marketing Infrastructure
Influencer Marketing
Growth Marketing
Last Update:  16 Jan 2024 Upgrade

zkSync Team

Alex Gluchowski
Alex Gluchowski
Co-Founder & CEO
Zoé Gadsden
Zoé Gadsden
COO
Philip Leo Winkler
Philip Leo Winkler
Chief of staff

zkSync News

zkSync Roadmap

February 2022

Testnet; 

August 2022

Dynamic Fees;

September 2022

Project Registration;

October 2022

Proof Generation and Validation;

October 28 2022

Baby Alpha Release;

Q1 2023

Onboarding Alpha;

Q1 2023 and Beyond

Improved Developer and User Experience

Feb 16, 2023

Rebranding zkSync 2.0 to zkSync Era

Q2 2023

Launch of zkSync Era mainnet;

2023

Decentralization;

2024

Possible zkSync airdrop.

zkSync Airdrop & Retrodrop & Bounty

Airdrop (Retrodrop)
zksync logo
funds
Start Date:
01 Feb 2022
End Date:
01 Apr 2024
Difficulty:
Hard
Winners:
N/A
Rewards:
N/A

Description

zkSync is a layer 2 EVM-compatible scaling network for Ethereum with its innovative Zero-knowledge roll-ups. It offers significantly cheaper and faster transactions than L1, while maintaining a high level of security on the original Ethereum network.

The launch of the zkSync ecosystem token hasn't been announced yet. However, according to rumors within the crypto community and implicit hints in the official blog posts, there's a big chance the zkSync token could be released and airdropped to early adopters this year. That’s a reason why we decided to prepare this comprehensive guide on how to get qualified for zkSync airdrop for you. 

Read More

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