zkLink Introduces $ZKL Grant Project for Builders

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ZkLink Introduces $ZKL Grant Project for Builders

ZkLink, a leading provider of Zero-knowledge Layer 3 frameworks, has recently announced a groundbreaking initiative – a $20,000,000 grant project aimed at supporting builders working on projects within the zkLink ecosystem.

The primary objective of this grant project is to foster innovation and advancement within the zkLink ecosystem by providing financial support to builders who are actively engaged in leveraging zkLink’s cutting-edge technology.

Grants will be awarded based on the impact of the projects, their technical feasibility, and their alignment with zkLink’s mission to advance privacy and upgradability in blockchain technology.

Vince Yang, the founder and CEO of zkLink, emphasized the company’s commitment to empowering builders to showcase their creativity and drive innovation within the zkLink ecosystem.

Key Advantages for Builders on zkLink

Builders working on zkLink can enjoy a range of benefits, including access to pooled liquidity across Ethereum and Layer 2 blockchains without the need to bridge assets between chains. They also benefit from a unified point of deployment and a comprehensive SDK for developing and deploying multi-chain decentralized applications (dApps) using APIs.

The application process for the grant project is set to commence on the 11th of March, 2024, and will run until the 11th of June, 2024.

Announcement of Aggregation Parade and Nova Lynks NFT Collection

In addition to the grant project, zkLink has disclosed its plans to launch a multi-season community yield program, known as Aggregation Parade, in conjunction with the upcoming mainnet release of zkLink Nova.

As part of the initial season of Aggregation Parade, another 10,000,000 $ZKL tokens have been allocated for minters associated with the imminent Nova Lynks NFT collection, with the launch scheduled for the 13th of March, 2024.

The company previously dedicated 200,000,000 $ZKL tokens to community enhancement and rewards during its CoinList token sale in January. Users participating within the Nova L3 network will receive Nova Points, which can be exchanged for ZKL tokens.

zkLink is committed to continuing to reward users with Nova Points as the user base grows, with plans to include zkSync, Linea, and other platforms. The launch of the Nova mainnet is slated for the 11th of March, 2024.

Overview of zkLink Nova and Its Features

zkLink allows builders to seamlessly create and connect dApps across all Ethereum Layer 2 ecosystems with advanced security features, addressing liquidity fragmentation through ZK Proofs. The company has received funding from prominent players such as Coinbase Ventures, Solana Ventures, and others.

zkLink Nova represents the Aggregated Layer 3 Rollup zkEVM network, boasting significant liquidity and asset aggregation to Ethereum and its Layer 2 Rollups. Built using ZK Stack and zkLink Nexus, Nova leverages ZK Proofs to enhance upgradability and security.

Builders can leverage an open platform to deploy Solidity smart contracts and seamlessly connect with integrated networks like Arbitrum and zkSync, simplifying DeFi operations and creating a unified ecosystem for users and dApps for a seamless blockchain experience.

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Chris Jones

Hey there! 👋 I'm Chris, 34 yo from Toronto (CA), I'm a journalist with a PhD in journalism and mass communication. For 5 years, I worked for some local publications as an envoy and reporter. Today, I work as 'content publisher' for InformOverload. 📰🌐 Passionate about global news, I cover a wide range of topics including technology, business, healthcare, sports, finance, and more. If you want to know more or interact with me, visit my social channels, or send me a message.
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