Zero Knowledge Proof (ZKP) Targets $1.7B Public Auction After $100M Self-Funding
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Innovative Public Auction: Zero Knowledge Proof (ZKP) aims to raise $1.7 billion through a fully transparent public auction, eliminating insider trading and unequal treatment by allowing all participants to enter at the same price.
- Self-Funding Advantage: ZKP has already self-funded $100 million for infrastructure and network protection, ensuring operational capability before launch and significantly reducing execution risk, allowing participants to engage without relying on future funding.
- Price Discovery Mechanism: Each auction bid adjusts the token value in real-time, enabling early investors to lock in lower prices before market awareness increases, potentially leading to returns between 100x and 10,000x.
- Transparent Market Dynamics: ZKP's auction does not rely on marketing cycles, with prices naturally rising as capital flows in, eliminating exit pressures common in VC-backed projects and ensuring price behavior driven by organic demand.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
