The Bitcoin spot ETF was successfully approved, and the market gradually recovered in terms of liquidity and sentiment. Now BTC is oscillating above $40,000. The industry and traders are paying more attention to new popular tracks and potential ecology. The market Entering the rotation stage of the narrative plate, new infrastructure is particularly favored.

ZetaChain, a multi-chain smart contract platform linked to Bitcoin that Odaily has reported many times recently, will launch spot trading tomorrow on OKX, Bybit, Gate, KuCoin, Bitfinex, Thai compliance trading platform bitkup, etc., and the mainnet will also be launched soon.

In terms of technical roadmap, future airdrop expectations, and ecological development, ZetaChain has great potential, and has the uniqueness of different routes from L1, which overlaps with the current narrative and is highly involution. The ecological development also deserves long-term attention and potential interaction.This article will provide a comprehensive analysis of ZetaChain from a fundamental perspective.

Multi-platform trading and mining will be launched, and tomorrow’s token trading will be launched

ZetaChains native token ZETA will be launched simultaneously on OKX, Bitget, KuCoin, Bitfinex, Bybit, MEXC, Thailands largest compliance trading platform bitkup, etc. tomorrow, and spot trading will begin tomorrow Beijing time.

Currently, ZETA has also launched new currency mining and pledge mining activities in OKX Jumpstart, Bybit Launchpool, Gate, etc. The specific arrangements are as follows: OKX: From 18:00 on January 30 to 8:00 on February 1, a total of 10,500,000 ZETA will be allocated ; Bybit: From 16:00 on January 31 to 16:00 on February 14, a total of 1,700,000 ZETA will be allocated; Gate: From 20:00 on January 28 to 20:00 on January 30, a total of 419,581 ZETA will be allocated.

ZetaChains mainnet will be launched in a few days. The team also stated that ZETA will also be launched on other mainstream trading platforms in the near future, so you can stay tuned. Can followZetaChain official recommendationLearn more.

The uniqueness of ZetaChain: technical roadmap and ecological development deserve attention

In terms of financing, the full-chain interoperable Layer 1 network ZetaChain announced the completion of US$27 million in equity financing in August 2023, blockchain.com, Human Capital, VY Capital, Sky 9 Capital, Jane Street Capital, Smrti Lab, VistaLabs, CMT Digital , Foundation Capital, Lingfeng Capital, GSR, Kudasai, Krust and other mainstream institutions participated in the investment.

Although funds have been raised to support long-term development, at a time when competition is fierce as many new chains rely on new concepts such as DA disassembly and parallel processing to improve performance and cost, how can ZetaChain stand out with its unique advantages?

To put it simply, ZetaChain’s ideas and concepts are different from most current L1s, or it can be said to have a “bigger pattern.”

If other Layer 1s focus on breakthroughs in the underlying carrying capacity, ZetaChain’s focus is on how to connect the major islands with increasingly improving carrying capacity. ZetaChain is committed to breaking the current markets reliance on bridges for cross-chain interactions, and instead uses native Omnichain smart contracts to perform trustless fund transfers and message responses on each chain.

Simply put, what ZetaChain hopes to do is to abstract the concept of chain and allow developers to build Omni-Dapps covering multiple chains based on Omnichain smart contracts, allowing users to pass through without having to perceive the switching of the underlying blockchain. A single platform performs various operations involving cross-chain interactions.

For example, recently, ZetaChain completed integration with Curve Finance to provide the first native BTC support for cross-chain Swap and full-chain asset pools, making it possible to have the first full-chain asset pool with native BTC support.

This means that users can have ETH on Ethereum, BTC on Bitcoin, and USDC on Polygon, but all of them can exist in a unified liquidity pool. Just deposit native tokens, interact from any wallet on any chain, or even interact with Bitcoin from their Bitcoin wallet address.

ZetaChain also allows developers to build decentralized applications that work on all chains, making it easy to manage everything from one place. ZetaChain’s solution is different from most solutions on the current market and has developed a series of tools for cross-chain fund transfer and general multi-chain orchestration: Omnichain smart contracts, accounts and messaging. (This article does not go into too much detail on the technology. If you are interested, please refer toThe Future of OmniChain: The First L1 Public Chain ZetaChain to Achieve Full Interoperability)

ZetaChains technical roadmap and ecological narrative are undoubtedly in line with the current industry development trends. They not only lower the user threshold and make multi-chain interoperability smoother, but also provide developers with complete infrastructure and tools considering ease of use. Lay the foundation for future ecological construction.

Future airdrop expectations: 10% of the tokens will be used for airdrops in the future

On January 23, ZetaChain announced the genesis airdrop plan. ZetaChain will distribute 31.5 million ZETA to more than 800,000 users and contributors based on the amount of points (ZETA Points) accumulated on the test network. The snapshot date is as of August 20, 2023. day.

ZetaChain has announced the air investment qualification inquiry page on ZetaHub. It is worth noting that the project team also stated in the announcement that this airdrop based on the test network is just the beginning.As ZetaChain continues to develop towards the mainnet and beyond, multiple products and programs will be implemented in the future to encourage users’ mainnet adoption, basically indicating that airdrops will continue in the future.

Another interesting point is that, like all L1s, ZetaChain has also screened out more than 300,000 potential witch addresses in previous interactions, but ZetaChain also mentioned that it will screen some of the addresses with the highest scores in the witch group. award.

ZetaChain stated that this does not mean that the project intentionally condones Sybil attacks, but because even Sybil addresses help ZetaChain stress test the test network, thus improving the stability of the network.This move also demonstrates ZetaChain’s commitment to various parties in the decentralized community.A high willingness to be rewarded for contribution-like behavior.

This is also very clear in the token economics published by ZetaChain, and 10% of the total supply of ZETA will be reserved for community rewards. ZetaChain also stated that it will launch various wallet cooperation activities and social tasks on the main network.

Based on ZetaChain’s previous style and 10% token allocation, following and participating in the ZetaChain ecosystem and actively interacting is a good long-term choice.