zkLink will conduct community token sale on CoinList

On January 12th, zkLink, a multi-chain transaction infrastructure based on zero-knowledge proof, announced that the zkLink Explorer whitelist and community token sale have been launched. Users can apply for the zkLink Explorer whitelist before 20:00 on January 16th (Beijing time) to participate in the CoinList community sale in priority. The whitelist will prioritize active community members and long-term supporters of zkLink. Users still need to register on the zkLink trading page on CoinList to qualify for token sales.

In addition, the zkLink community token sale registration has been opened, starting at 01:00 on January 12th (Beijing time) and ending at 20:00 on January 22nd. The sale date is January 26th at 02:00. 31,250,000 ZKL (ERC-20) will be used for token distribution and sales, accounting for 3.125% of the total supply, with a token price of $0.15 per token. The total supply of ZKL is 1 billion tokens, with 30% unlocked in the first quarter of 2024 and the remaining 9 months linearly released. The minimum purchase for participating in CoinList is $100 in tokens, and the maximum purchase is $500 in tokens, with support for purchasing using USDT and USDC. Residents of the United States, Canada, China, South Korea, and other jurisdictions are not eligible to participate.

The ZKL token economics are as follows: 3.125% for CoinList sales distribution, 29.875% for community treasury distribution, 4% for liquidity reserve distribution, 22.5% for ecosystem development distribution, 20% for team and advisor distribution, and 20.5% for early private placement distribution.