Mystiko.Network Launches $XZK Token Sale on CoinList

Mystiko, the preeminent ZK-based blockchain network, has commenced its $XZK token offering on CoinList. This community sale, which kicked off on March 28 and concludes on April 4, offers a chance to invest in Mystiko, a platform designed to empower scalability, interoperability, and confidentiality within the blockchain ecosystem. The token exchange listing is anticipated around June 18, 2024.

Mystiko.Network Launches $XZK Token Sale on CoinList

March 28, 2024 - San Francisco, California - Mystiko.Network, a leading provider of zero-knowledge (ZK) technology blockchain solutions, has announced the launch of its $XZK token sale on CoinList, a well-established cryptocurrency exchange platform. The community sale, which opened for participation on March 28, 2024, at 17:00 UTC, is scheduled to conclude on April 4, 2024, at 17:00 UTC. The token exchange listing is anticipated to take place around June 18, 2024.

Mystiko.Network: A Decentralized Platform for Blockchain Advancement

Mystiko.Network's decentralized platform offers an array of tools designed to enhance the scalability, interoperability, and confidentiality of blockchain applications. By harnessing the power of ZK proofs and industry-leading "zk of zk" technology, Mystiko.Network empowers developers with the ability to reduce costs, facilitate secure cross-chain interactions, and safeguard user privacy.

CoinList Listing Opens New Investment Opportunities

The listing of Mystiko.Network's (XZK) token on CoinList presents an opportunity for investors to participate in the growth of a promising project. CoinList is a trusted cryptocurrency exchange platform that provides early access to emerging and established cryptocurrencies.

During the community sale, 50,000,000 XZK tokens will be made available, representing 5% of the platform's total token supply. Interested investors can participate with a purchase limit of $3,000.

Mystiko's Token Distribution Plan

Following the community sale, the token distribution plan outlines a staggered release schedule. A quarter of the tokens (25%) will be released to investors after a 75-day period. Subsequently, the remaining 75% will be disbursed over a 12-month period in accordance with the project's development roadmap.

Mystiko Network: Driving Innovation in ZK Technology

Mystiko.Network is a pioneering project focused on developing a robust ZK SDK for decentralized applications (DApps) and blockchains. The platform has garnered significant recognition within the cryptocurrency ecosystem and has successfully raised over $18 million from reputable investors, including Sequoia, Samsung Next, Hashkey, CoinList, and Naval Ravikant.

The Mystiko.Network V1 mainnet, which was deployed in 2023, has witnessed remarkable success. The platform has facilitated over $137 million in trading volume, encompassing more than 226,000 ZK transactions from over 55,000 unique addresses across various blockchain networks, including Ethereum, BNB Chain, Polygon, Avalanche, and Base.

XZK Token: Utility and Governance in the Mystiko Ecosystem

The XZK token serves as the utility and governance token within the Mystiko.Network ecosystem. It plays a vital role in incentivizing network participants, including ZK rollup miners and relayers. By staking XZK tokens, users can participate in network activities and contribute to its growth and security. Additionally, XZK tokens empower holders with the right to participate in governance matters, ensuring the long-term sustainability and direction of the platform.

Conclusion

The launch of the Mystiko.Network $XZK token sale on CoinList marks a significant milestone for the project. By providing investors with an opportunity to participate in the growth of a cutting-edge ZK technology blockchain solution, Mystiko.Network is poised to drive innovation and further the adoption of privacy-enhancing technologies within the web3 ecosystem. The platform's commitment to interoperability, scalability, and confidentiality positions it as a key player in the evolution of decentralized applications and blockchain-based solutions.