Zignaly As a leading platform that unites users with renowned digital asset managers, Zignaly has declared that its founders will not unlock their $ZIG tokens until January 2026, delaying the original timeline by a whole year.
This action highlights their steadfast dedication to ZIGChain, the pioneering Layer-1 blockchain that's all about democratizing the process of wealth creation and opening up investment doors for all.
By extending our $ZIG token lock-up, we are highlighting our dedication to the ZIGChain community and its mission.
Co-founder and CEO of Zignaly, Bartolome R. Bordallo, expressed the rationale behind their decision.
This is about leveling the playing field for investors and promoting the project's long-term viability, effectively working towards a more inclusive financial landscape.
ZIGChain, as Zignaly's primary Layer 1 blockchain, is revolutionizing how wealth-generation opportunities become accessible to the masses. Its platform empowers developers to create decentralized financial solutions, while sophisticated strategies are made available to fund managers, challenging traditional investment norms for both large and small investors. $100M Ecosystem Fund The platform, backed by industry leaders DWFLabs and UDHC Finance, aims to stir more innovation in the WEB3 area.
Retaining the lock-up aligns with the firm’s vision of equitable financial opportunities within the ZIGChain community, ensuring that their founding principles stay intact. This also reshapes the company's tokenomics by reducing market supply as the founders' tokens stay locked.
This extension, however, does not affect the 100 million $ZIG tokens donated by the founders to the ZIGChain Foundation. These tokens are set to gradually release, following a 30-month linear vesting plan starting January 2025, to further strengthen the ZIGChain ecosystem.