Zero-knowledge proofs (ZKPs) detonate fraudulent presale fashions in cryptocurrencies: anti-whale ICA whitelist opens

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For years, crypto individuals have been pressured to just accept a damaged pre-sale mannequin. Insiders get personal offers and deep-pocketed whales purchase up a lot of the provide earlier than most people will get an opportunity. Zero Data Proof (ZKP) is right here to repair this downside endlessly. The mission launched the Preliminary Coin Public sale (ICA), a system that not solely guarantees equity, however enforces it mathematically.

This new mannequin has been designed from the bottom as much as be not possible to control. This creates a degree taking part in subject, giving everybody precisely the identical entry and circumstances, no matter connections or capital. The whitelist for collaborating in these auctions is now stay.

The public sale is a protest

The group at Zero Data Proof (ZKP) refers to ICA as protest in code type. They consider the standard commerce present presentation as nothing greater than a dressed-up exhibition. This Preliminary Coin Public sale (ICA) is their structural reply. As an alternative of providing personal phrases and most popular wallets, everybody has to undergo the identical door.

The principles are easy and, most significantly, can’t be damaged. First, the utmost each day donation is $50,000. This cover is the core of your anti-whale protection. This bodily prevents a single particular person or syndicate from monopolizing gross sales and cornering quotas. Second, the minimal admission charge is simply $50. This ensures that individuals are not restricted to the rich. Anybody can take part. This can be a system the place equity is enforced by arithmetic, not belief.

Professional-rata allocation mechanism

Zero Data Proof (ZKP) auctions introduce full transparency. Each 24 hours, a set quantity of 200 million ZKP cash might be allotted for distribution. Contributors can contribute utilizing a variety of cryptocurrencies together with ETH, USDC, USDT, and BNB. On the finish of the 24-hour window, the public sale ends for the day. The system then calculates every participant’s precise share of the day’s whole donations. You’ll obtain an allocation of 200 million cash in precise proportion to your contribution. A transparent instance is offered on this doc. If the overall pool for the day is 1,000 USDC and also you donate 100 USDC, you’ll obtain 20 million ZKP cash, which is 10% of the cash. There aren’t any fuel wars or handbook billing processes. The token will robotically seem in your dashboard.

Remove all insider advantages

The Zero Data Proof (ZKP) mannequin was constructed to get rid of hypocrisy and get rid of the backroom offers that outline most launches. That is what actually units us other than different initiatives.

  • No personal circumstances: There aren’t any particular offers or personal phrases for early traders.
  • No early unlock: Insiders and founders can not get hold of tokens which can be unlocked earlier than neighborhood tokens.
  • VC with out leash: The mission was self-financed with greater than $100 million of the builder’s personal funds. Which means that enterprise capitalists don’t obtain preferential pricing, backroom allocation, or particular therapy.
  • No hidden multiplier: The calculations are clear and public.

This complete system is economically impartial and structurally ungamable. Equity is greater than only a advertising slogan. The group considers this an act of revolt.

Constructed first, offered later

Zero Data Proof (ZKP) was in a position to construct solely this honest system as a result of it first reversed the cryptocurrency’s damaged increase and constructed the mannequin later. The mission is totally constructed out and is backed by over $100 million in growth funding in entrance A single token was offered. This isn’t a promise. That is proof. The infrastructure is prepared and over $20 million price of deployed servers and nodes might be up and operating on the primary day of pre-sale.

The {hardware} is in manufacturing and greater than $17 million price of Proof Pods, customized gadgets that energy networks, are able to ship inside 5 days of pre-sale launch. Vaporware funding is now full. This group delivers what the business desperately wants: actual, operational know-how, not only a roadmap with upcoming options and damaged guarantees.

proof relatively than promise

Zero Data Proof (ZKP) presents a brand new mannequin to the business: Proof Over Promise. The preliminary coin public sale utterly negates a system that has at all times favored insiders. Utilizing codes to implement each day caps and prorations ensures a good launch in a method that advertising guarantees can not. That is what mathematically assured equity appears like. When fairness turns into a norm relatively than a promise, early individuals have actual on-the-ground alternatives relatively than fraudulent extraction schemes. This is a chance to affix a community based mostly on verifiable proof relatively than belief. The presale public sale whitelist is now stay.

For extra details about zero-knowledge proofs, see under. Web site: https://zkp.com/

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