Coinlaunch Trust Score
61/ 100 Medium
Zulu Network Price:
$0.00710 -9.60%
🏦 Market Cap $1,026,319
💰 FDV $7,102,554
📊 Volume $249
📈 ATH Price $0.147
💵 ROI 0.0710x 92.90%
💸 ATH ROI 1.47x 46.75%
Visit Website
Top Investor
Web3.com VC logo
Web3.com Ventures Corporate
Waterdrip Capital logo D11 Labs +7
Unlock Progress
Progress
55.38% 884 Days left
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Zulu Network logo

Zulu Network (ZULU)

Past
Total Raise: $3,075,000
Date: 03 Apr - 12 Dec 2024

 Zulu Network is a Bitcoin Layer 2 network that allows developers to easily and quickly build native DeFi & liquidity, memes, NFTs, GameFi, and BRC-20 projects on the Bitcoin blockchain. Zulu Network applies the open architecture, which includes UTXO Innovation Layer, Liquidity Aggregation, EVM layer, and a BitVM2 Decentralized bridge to expand Bitcoin’s Ecosystem capabilities.

$ZULU functions as the core utility token within the Zulu ecosystem, facilitating transactions, staking, and governance.

Zulu Network successfully raised $3 million from Waterdrip Capital, Web3.com Ventures, CatcherVC, CGV FoF, SatoshiLab, Ledger Capital, K24 Ventures and others. The project plans to distribute 260000 $ZULU on Gate.io Launchpool from 19th to 24th November.

❗️ ❗️ ❗ 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.

Zulu Network Overview

Ticker: ZULU
Country: Cayman Islands
Founded: 2023
Whitelist: No
Blockchain Network: Zulu
KYC: No
Bounty: Yes
Type: IDO
MVP: Yes
Security Audit:
Token Contracts:
Yes
Whitepaper: Download

ZULU/USD Price Chart

📈 ATH Price $0.147
📉 ATL Price $0.00131
 
Exchange Pair Price Volume (24H) Trust Score
Gate
ZULU/USDT

USDT 0.00711

$0.00710

249

Zulu Network Review

Zulu Network is the first Bitcoin L2 platform that adopts a dual-layer architecture, considering both stability and innovation. There are apparent defects in relying solely on EVM compatibility: application scenarios and innovation in the ecosystem are constrained. But maintaining only UTXO features raises the risk as well. To avoid this, Zulu has intelligently proposed a two-layer architecture solution to put all such apprehensions at bay and ease the use of fast DeFi strategies over the Bitcoin Network.

ZuluPrime L2 supports EVM for Bitcoin scaling and BitFi, that is, Bitcoin DeFi. On the other side, ZuluNexus L3 offers UTXO programmability, an especially designed way to innovate natively on Bitcoin, always making transactions on it more affordable, fast, extensible, and programmable. Other services by Zulu include the first decentralized bridge for Bitcoin and its unique hybrid PoS/PoW mining architecture.

🤑 $ZULU serves as the primary utility token of the Zulu ecosystem, enabling transactions, staking, and governance participation.

The CoinLaunch team analyzed the project and identified some pros and cons to consider before participating in Zulu Network testnet or buying $ZULU:

✅ Zulu Network’s pros: 

  • First Bitcoin L2 to achieve Bitcoin-level security
  • Has a high number of registered users (over 765k as mentioned on site); 
  • Powerful PR performance;
  • Strong growth marketing; 
  • Above-the-average SMM and Influencer Marketing Performance;
  • Large number of AMA’s and interviews with the team;
  • CEO has previously worked for a Tier 1 Crypto Company (OKX) 
  • A lot of reputable partners.

📛 Zulu Network’s cons:

  • No information about tokenomics;
  • No Tier 1 Investors and Partners; 
  • Only one Security Audit from a Tier 3 company; 
  • No open Bug Bounty program;  
  • Weak marketing infrastructure and SEO; 
  • Non-confirmed airdrop.

Zulu Network Team

Luke Vinci
Luke Vinci
Co-Founder
Christine Guo
Christine Guo
Co-Founder
Eric Lifson
Co-Founder

Zulu Network Roadmap

Q2 2024
  • Testnet v1: EVM Liquidity Layer
    Alpha
  • Testnet v2: EVM Liquidity Layer
    beta
Q3 2024
  • Zulu Bridge v1: Testnet
    Alpha
  • Testnet v3: UTXO Innovation Layer
    Alpha
Q4 2024
  • Mainnet: EVM Liquidity Layer
  • Testnet v4: UTXO Innovation Layer
    Beta
  • Zulu Bridge v2: Testnet
    Beta
Q1 2025
  • Zulu Bridge Mainnet
  • Full Zulu Mainnet: EVM + UTXO

Zulu Network Airdrop & Retrodrop & Bounty

Testnet Airdrop (Retrodrop)
Zulu Network logo
funds
Start Date:
16 Aug 2024
End Date:
12 Dec 2024
Difficulty:
Easy
Winners:
N/A
Rewards:
N/A

Description

Zulu Network is a new type of Bitcoin Layer 2 that enables innovative and interesting features for the Bitcoin economy to foster and strengthen the Bitcoin ecosystem. 

On August 16, 2024 the Zulu Network launched the first public testnet version "Lwazi" in which users can receive ZGP points for daily wallet connection, quest completion, and bridge use. Our team believes these activities will be a key criterion for qualifying for a potential Zulu Network airdrop. Hence, our team decided to write a comprehensive guide on how to join the Zulu Network airdrop.

Read More

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