Tomorrow (January 7th), there's a TGE launch for ZenChain, a Layer-1 blockchain project. Let's take a look at the fundamentals of this project.
**Fundraising Scale Comparison**
This is a small-scale TGE project with a fundraising amount of 54.897 BNB, releasing 210 million tokens (representing 1% of total supply). Comparing it to the previous Collect project, which raised 241 BNB plus 2% of total supply, ZenChain's fundraising scale is indeed relatively modest.
**Project Basic Information**
ZenChain (token symbol ZTC) is an interoperable blockchain platform launched in 2024. The project team has set the total token supply at 21 billion tokens. The 210 million tokens released in this TGE is exactly 1% of the total supply.
**Tokenomics Data**
- Fundraising Amount: 54.897 BNB - TGE Token Quantity: 210 million tokens - TGE Price: 0.0000002614 BNB/token (approximately 0.000235U, based on BNB=900U) - Token Contract Address: 0x87033d521f1a5db206860f2688ca161719f85187
The TGE contract was deployed on-chain 5 hours ago with transparent blockchain data available for verification. Compared to international secondary markets, this price point still has certain upside potential.
Overall, as a Layer-1 track participant, although ZenChain's fundraising scale is not large, the token distribution is relatively balanced, making it worth monitoring the subsequent liquidity release schedule.
54.897BNB raises 210 million tokens - the fundraising scale is really meager, not even half of Collect
Wait, does this price point really have premium space? I'm feeling uncertain about this
Another Layer-1 newcomer, this track is getting too crowded
Let's go all in tomorrow when it launches anyway, it only takes up 1%, not much room for dumping
The liquidity release plan hasn't been disclosed, this is the key point everyone
Such a small raise and they dare to call it a project, they've got some nerve
0.000235U price point, feels like it has no reference value at all
Tomorrow (January 7th), there's a TGE launch for ZenChain, a Layer-1 blockchain project. Let's take a look at the fundamentals of this project.
**Fundraising Scale Comparison**
This is a small-scale TGE project with a fundraising amount of 54.897 BNB, releasing 210 million tokens (representing 1% of total supply). Comparing it to the previous Collect project, which raised 241 BNB plus 2% of total supply, ZenChain's fundraising scale is indeed relatively modest.
**Project Basic Information**
ZenChain (token symbol ZTC) is an interoperable blockchain platform launched in 2024. The project team has set the total token supply at 21 billion tokens. The 210 million tokens released in this TGE is exactly 1% of the total supply.
**Tokenomics Data**
- Fundraising Amount: 54.897 BNB
- TGE Token Quantity: 210 million tokens
- TGE Price: 0.0000002614 BNB/token (approximately 0.000235U, based on BNB=900U)
- Token Contract Address: 0x87033d521f1a5db206860f2688ca161719f85187
The TGE contract was deployed on-chain 5 hours ago with transparent blockchain data available for verification. Compared to international secondary markets, this price point still has certain upside potential.
Overall, as a Layer-1 track participant, although ZenChain's fundraising scale is not large, the token distribution is relatively balanced, making it worth monitoring the subsequent liquidity release schedule.