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Zircuit (ZRC) Project Analysis-CoinW Institute
Published on: 2024/11/25 06:14Last Update: 2025/01/01 15:30

Zircuit (ZRC) Project Analysis

 

Research Institute Review

Zircuit is an AI-driven ZK rollup with sequencer-level security and parallel circuits, built by a team with Web3 security expertise and PhDs in computer science, algorithms, and cryptography. The project uniquely combines performance and security through its architecture. Currently, the network has over $2.2 billion in staked assets, including $2 billion in ETH.

Recent Breakout Points

Zircuit has been one of the most active projects in the current airdrop trend. Its mainnet launched recently, with snapshots completed on November 20th, distributing airdrops to early testnet participants. The community engagement has been highly active.

Project Introduction

Zircuit is a fully EVM-compatible zero-knowledge rollup designed to enhance Web3 functionality. It employs a hybrid architecture that combines zero-knowledge proofs with reliable infrastructure, ensuring high performance and security at the sequencer level. This setup accelerates transaction speeds, reduces fees, and improves security. Zircuit is the first zkEVM built on Bedrock, featuring a secure native bridge, Ethereum application support, and compatibility with mainstream wallets and tools like MetaMask and Hardhat.

Token Utility

ZRC is the core of Zircuit's architecture, enabling participants to earn rewards, engage in equitable network application launches, and support ecosystem growth. As the ecosystem's cornerstone, ZRC aligns incentives between developers and users, fostering collaboration and innovation.

Tokenomics

Category Allocation Locking/Unlocking Details
Community Allocation 13.08% 1-year lock-up, followed by 24 months of linear release
Ecosystem Development 17.93% 1-year lock-up, followed by 24 months of linear release
Foundation 18.70% 1-year lock-up, followed by 24 months of linear release
Team 18.74% 1-year lock-up, followed by 24 months of linear release
Investors 10.55% 1-year lock-up, followed by 24 months of linear release
Airdrops & Community Rewards 21.00%

- 7.00% (Season 1): Unlocked at TGE

- 3.00% (Season 2): Unlocked at TGE

- 2.45% (Events: Fairdrop, Catizen, Binance Web3, etc.): Unlocked at TGE

- 8.55% (Future Rewards): 6-12 month lock-up, followed by 24 months of linear release

Project Highlights

Zircuit has been twice led by Binance Labs in funding rounds.

Investors

Zircuit's funding includes investments from top-tier institutions, notably Binance Labs, which led the funding rounds twice. Other participants include Robot Ventures, Parallel, LayerZero, Axelar, F2Pool, Nonce, KelpDAO, ETHGlobal, and several notable angel investors. The project has raised a total of $5 million.

Community

Twitter Followers: 450,000

Twitter Link: https://x.com/ZircuitL2

Special Economic Model

None

Future Outlook

None

 

Basic Information

Project introduction: Zircuit is a fully EVM-compatible zero-knowledge rollup designed to enhance Web3 functionality. It employs a hybrid architecture that combines zero-knowledge proofs with reliable infrastructure, ensuring high performance and security at the sequencer level. This setup accelerates transaction speeds, reduces fees, and improves security. Zircuit is the first zkEVM built on Bedrock, featuring a secure native bridge, Ethereum application support, and compatibility with mainstream wallets and tools like MetaMask and Hardhat.

 

Token Full Name: Zircuit

Token Symbol: ZRC

Project Website: https://www.zircuit.com 

Documentation: https://docs.zircuit.com/tokenomics/zircuit-token-zrc 

Blockchain Explorer: https://etherscan.io/token/0xfd418e42783382e86ae91e445406600ba144d162 

Liquidity Information: None

 

 

Join the CoinW Institute to decipher the world of crypto with no threshold for quality projects!

TG: https://t.me/coinwtalk

 

CoinW Institute

2024/11/25

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Popular Articles
Zircuit (ZRC) Project Analysis-CoinW Institute
Published on: 2024/11/25 06:14Last Update: 2025/01/01 15:30

Zircuit (ZRC) Project Analysis

 

Research Institute Review

Zircuit is an AI-driven ZK rollup with sequencer-level security and parallel circuits, built by a team with Web3 security expertise and PhDs in computer science, algorithms, and cryptography. The project uniquely combines performance and security through its architecture. Currently, the network has over $2.2 billion in staked assets, including $2 billion in ETH.

Recent Breakout Points

Zircuit has been one of the most active projects in the current airdrop trend. Its mainnet launched recently, with snapshots completed on November 20th, distributing airdrops to early testnet participants. The community engagement has been highly active.

Project Introduction

Zircuit is a fully EVM-compatible zero-knowledge rollup designed to enhance Web3 functionality. It employs a hybrid architecture that combines zero-knowledge proofs with reliable infrastructure, ensuring high performance and security at the sequencer level. This setup accelerates transaction speeds, reduces fees, and improves security. Zircuit is the first zkEVM built on Bedrock, featuring a secure native bridge, Ethereum application support, and compatibility with mainstream wallets and tools like MetaMask and Hardhat.

Token Utility

ZRC is the core of Zircuit's architecture, enabling participants to earn rewards, engage in equitable network application launches, and support ecosystem growth. As the ecosystem's cornerstone, ZRC aligns incentives between developers and users, fostering collaboration and innovation.

Tokenomics

Category Allocation Locking/Unlocking Details
Community Allocation 13.08% 1-year lock-up, followed by 24 months of linear release
Ecosystem Development 17.93% 1-year lock-up, followed by 24 months of linear release
Foundation 18.70% 1-year lock-up, followed by 24 months of linear release
Team 18.74% 1-year lock-up, followed by 24 months of linear release
Investors 10.55% 1-year lock-up, followed by 24 months of linear release
Airdrops & Community Rewards 21.00%

- 7.00% (Season 1): Unlocked at TGE

- 3.00% (Season 2): Unlocked at TGE

- 2.45% (Events: Fairdrop, Catizen, Binance Web3, etc.): Unlocked at TGE

- 8.55% (Future Rewards): 6-12 month lock-up, followed by 24 months of linear release

Project Highlights

Zircuit has been twice led by Binance Labs in funding rounds.

Investors

Zircuit's funding includes investments from top-tier institutions, notably Binance Labs, which led the funding rounds twice. Other participants include Robot Ventures, Parallel, LayerZero, Axelar, F2Pool, Nonce, KelpDAO, ETHGlobal, and several notable angel investors. The project has raised a total of $5 million.

Community

Twitter Followers: 450,000

Twitter Link: https://x.com/ZircuitL2

Special Economic Model

None

Future Outlook

None

 

Basic Information

Project introduction: Zircuit is a fully EVM-compatible zero-knowledge rollup designed to enhance Web3 functionality. It employs a hybrid architecture that combines zero-knowledge proofs with reliable infrastructure, ensuring high performance and security at the sequencer level. This setup accelerates transaction speeds, reduces fees, and improves security. Zircuit is the first zkEVM built on Bedrock, featuring a secure native bridge, Ethereum application support, and compatibility with mainstream wallets and tools like MetaMask and Hardhat.

 

Token Full Name: Zircuit

Token Symbol: ZRC

Project Website: https://www.zircuit.com 

Documentation: https://docs.zircuit.com/tokenomics/zircuit-token-zrc 

Blockchain Explorer: https://etherscan.io/token/0xfd418e42783382e86ae91e445406600ba144d162 

Liquidity Information: None

 

 

Join the CoinW Institute to decipher the world of crypto with no threshold for quality projects!

TG: https://t.me/coinwtalk

 

CoinW Institute

2024/11/25

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