Zero Knowledge Proof (ZKP) opens whitelist for planned token sale using daily auction model

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Zero Knowledge Proof (ZKP) says it has opened a whitelist, which it describes as an initial access step ahead of its planned Initial Coin Auction (ICA). The project’s model uses market-based pricing where the token price is derived from total daily contributions rather than fixed stages. According to the project, 200 million tokens will be made available each day and allocated based on contributions in ETH, USDC, or ZUSD.

Zero Knowledge Proof (ZKP) has been discussed in some crypto communities that follow early-stage token sales. The project’s materials emphasize a daily auction framework, visible contribution totals, and a participation structure it presents as broadly accessible.

Transparent Token Pricing Through Real-Time Data

The project describes its Initial Coin Auction as a format where contribution data can be viewed in real time. In this setup, prospective participants can review daily totals before deciding whether to contribute on a given day. The stated goal is to base decisions on visible activity rather than preset pricing.

According to the project, the token price for each day is calculated by dividing total contributions by the 200 million tokens available that day. This approach is presented as a way to make the day’s implied price and demand easier to observe.

In commentary about token-sale structures, some observers have highlighted models that publish contribution totals and allocations on-chain. Zero Knowledge Proof (ZKP) positions its approach as relying on on-chain data rather than private allocations or off-chain processes.

Anti-Whale Rules and Equal Opportunity Participation

To limit concentration, the project says it has implemented a $50,000 per-wallet daily contribution cap. The stated intent is to reduce the ability of a single wallet to disproportionately influence daily totals and implied pricing.

The project also says contributions and allocations are recorded on-chain, allowing participants to review relevant transaction data independently.

Compared with some token sales that rely on private lists or centralized allocation decisions, ZKP presents its rules and on-chain records as a transparency measure. As with any early-stage token distribution, the practical impact of these rules depends on implementation and participation.

Whitelist Entry, Proof Pods, and Growing Ecosystem Awareness

The project states that its whitelist is available ahead of the daily auctions. Based on project materials, the whitelist process is intended to confirm eligibility before distributions begin and to provide access to the contribution rules and participation requirements.

Beyond the auction model, the ecosystem includes physical devices described as ā€œProof Pods,ā€ which the project says are intended to provide decentralized computing power. The project indicates that participants who run these devices may receive ZKP tokens based on verifiable workloads, though the details and outcomes depend on the network’s operation and the project’s terms.

The project has also announced a partnership with the Dolphins, a professional Australian rugby league team, as part of its marketing and brand visibility efforts.

Overall, the project’s positioning centers on real-time auction data, participation limits, and an infrastructure component it says supports its network model.

In Summary

According to the project, the whitelist opening is a step ahead of its planned token distribution. Its daily auction format is presented as a way to make demand and implied pricing visible through published contribution data, rather than fixed price stages.

As with other early-stage crypto projects, prospective participants may wish to review the available documentation, on-chain information, and applicable terms before making any decisions.

Project website (for reference):
https://zkp.com/


This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.

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