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Binance Sign Up Promotion

zkVerify

What is zkVerify?

zkVerify is a dedicated blockchain platform specialized in zero-knowledge proof verification. Built as a high-performant, public, and decentralized network, zkVerify offers a modular and composable approach for ZK (zero-knowledge) applications to verify proofs efficiently.

The platform aims to address the growing demand for scalable and secure verification solutions within the blockchain ecosystem.

The project focuses on making zero-knowledge technology more accessible and usable for a wider range of applications. With its dedicated infrastructure, zkVerify enables developers to build and deploy ZK-based applications without the technical complexity typically associated with zero-knowledge implementations.

zkVerify Airdrop Details

zkVerify has received $11 million in VC funding so far. The zkVerify airdrop is part of the project’s token distribution strategy, with ZKV serving as the platform’s native token.

According to the tokenomics, a total of 1 billion ZKV tokens will be distributed at genesis, with 35% (350,000,000 tokens) allocated to the community. From this community allocation, 10% will be distributed at the Token Generation Event (TGE), with the remaining tokens unlocking monthly over a 48-month period beginning 12 months after launch.

The current opportunity for potential airdrop qualification comes through participation in the zkVerify Incentivized Testnet program. This program allows users to earn points through various activities that may contribute to eligibility for the upcoming token distribution.

Step-by-Step Guide:

How to Participate in the zkVerify Incentivized Testnet

To maximize your chances of qualifying for the zkVerify airdrop, follow these step-by-step instructions for participating in the incentivized testnet:

  1. Create a Galxe Account: Visit the Galxe platform and sign up.
  2. Find the zkVerify Campaigns: Navigate to the zkVerify Incentivized Testnet campaign on Galxe.
  3. Complete the Tasks: Engage with the activities presented in the campaign to earn points. These typically include:
    • Interacting with testnet features
    • Verifying transactions
    • Community engagement activities
    • Social media tasks
  4. Maintain Consistent Activity: Regular engagement throughout the testnet period will maximize your potential rewards.
  5. Join the Community: Connect with the zkVerify community on social media platforms to stay updated on additional opportunities.

zkVerify Tokenomics Explained

Understanding zkVerify’s token allocation and distribution schedule provides insight into the project’s long-term vision and governance structure:

Token Distribution Breakdown

The 1 billion ZKV total supply is allocated as follows:

  • Community: 35% (350,000,000 tokens)
    • 29% available at TGE
    • Remaining tokens unlock monthly over 48 months after 12 months
  • Foundation: 31.375% (313,750,000 tokens)
    • 47% available at TGE
    • Remaining tokens unlock monthly over 24 months starting at TGE
  • Core Contributors: 19.625% (196,250,000 tokens)
    • 0% at TGE
    • Monthly unlock over 12 months beginning at 12 months
  • Investors: 14% (140,000,000 tokens)
    • 0% at TGE
    • Monthly unlock over 12 months beginning at 12 months

Frequently Asked Questions

Do I Need Technical Knowledge to Participate in the zkVerify Testnet?

No, the zkVerify Incentivized Testnet is designed to be accessible to participants with varying levels of technical expertise. As stated in the campaign description, “No technical skills needed – your curiosity is enough.”

When Will the ZKV Token Launch?

While the exact date of the Token Generation Event (TGE) has not been officially announced, the tokenomics and distribution schedule indicate preparations for a public launch. Community members should follow official zkVerify channels for the most current information.

How Are Airdrop Allocations Determined?

Typically, airdrop allocations for testnet participants are determined based on a combination of factors including participation level, task completion, contribution quality, and overall engagement. The specific formula for the zkVerify airdrop has not been publicly detailed at this time.

Conclusion

The zkVerify Incentivized Testnet offers an accessible entry point for crypto enthusiasts interested in the growing field of zero-knowledge technology. By participating in the testnet activities through the Galxe platform, users can potentially position themselves for the upcoming ZKV token distribution while gaining valuable experience with ZK applications.

The project’s substantial community allocation (35% of total supply) shows a commitment to building a strong user base. With the blockchain sector continuing to seek solutions for scalability and privacy, zkVerify’s specialized focus on ZK proof verification addresses a clear market need.

You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!

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Overview