Tag: Zil

Zilliqa declares the establishment of the Zilliqa Group.

by Blockchain News

Zilliqa Research Pte. Ltd., the entity behind the high-performance Zilliqa blockchain, has announced the establishment of the Zilliqa Group. This integrated conglomerate is set to pioneer in delivering advanced Web3 and blockchain-based products and solutions. The Zilliqa blockchain remains at the heart of this Group, supporting both the Group’s companies and the broader decentralized applications within the Zilliqa ecosystem.

The shift to the Zilliqa Group aims to bring together a variety of industry verticals under one unified structure. This includes the recently separated gaming division, Roll1ng Thund3rz (RTz), and anticipates the launch of ventures in areas such as the spatial web, loyalty, decentralized finance, and more. A distinctive services layer is also highlighted across the Group’s framework.

The transition process will be supervised by a restructured board of directors. Mark Hemsley, previously the Chairman of Zilliqa Research, will now chair the Zilliqa Group. The board will also see the continued participation of Zilliqa co-founder Juzar Motiwalla, maintaining his directorial role. Another significant addition to the board is Zilliqa co-founder Max Kantelia, whose expertise in advising businesses is expected to be pivotal in shaping the Group’s future trajectory. Kantelia’s involvement is anticipated to open doors to diverse sectors, including luxury goods and corporate social responsibility.

The Zilliqa Group’s daily corporate operations and decision-making will be centralized under a CEO Office. This office will comprise Group CEO Matt Dyer, Zilliqa CTO Richard Watts, and Sandra Helou, the newly appointed GCC lead for Zilliqa Group. This appointment marks the Group’s initial move towards expansion in the GCC region.

The announcement’s commentator, Mark Hemsley, Chairman of Zilliqa Group, said, “The establishment of Zilliqa Group symbolises a significant point in our path. We are forging forward on a new path that will see us leading improvements in the Web3 and blockchain domains for many years to come by merging our variety of companies. This will help us stand out in a fast-moving and competitive market.

Matt Dyer, CEO of Zilliqa Group, echoed this sentiment, emphasizing the Group’s commitment to consistently innovate and set industry standards. Max Kantelia, co-founder of Zilliqa and new board member of Zilliqa Group, expressed his enthusiasm for the Group’s expansive vision and the potential it holds.

Image source: Shutterstock

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Here’s What’s Next for Ethereum Rival Fantom (FTM), Polygon (MATIC) and Three Additional Altcoins: Analyst Michaël van de Poppe

by Dailyhodl

A popular crypto strategist and trader is mapping out what’s next for Ethereum challenger Fantom (FTM), Polygon (MATIC) and three other altcoins.

Michaël van de Poppe tells his 555,100 Twitter followers that Fantom, a highly scalable blockchain for enterprises, is currently trading at a key support level against Bitcoin (FTM/BTC).

“Very simple, it’s seen a big run. Based on that, the first area to look for spot longs is the one we’ve bounced from. Looking very decent.”

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Source: Van de Poppe/Twitter

Currently, the FTM/BTC pair is trading at 0.000053 BTC ($2.23), which is hovering just above Van de Poppe’s entry point at 0.00005 BTC ($2.11).

Another coin on the trader’s radar is blockchain scaling solution Polygon. According to Van de Poppe, MATIC still looks bullish despite its recent correction as it continues to print higher highs and higher lows.

“The green zone is a crucial zone to hold. If it breaks above $2.15-$2.20, I’m assuming another bullish run can happen.”

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Source: Van de Poppe/Twitter

Next up is blockchain gaming platform Enjin Coin (ENJ), which Van de Poppe says is closing in on two strong support levels after its sharp correction from the all-time high of $4.84.

“Two massive areas of support where I’d personally want to be seeking for longs.”

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Source: Van de Poppe/Twitter

ENJ is currently exchanging hands at $2.23. According to Van de Poppe’s chart, the two points of interest are $2.20 and $1.90.

WOO, the utility token of decentralized fintech startup and pool trading platform Woo Network, is also on Van de Poppe’s list. According to the crypto analyst, WOO is threatening to take out a massive resistance and rally against Bitcoin (WOO/BTC).

“This one is building up for a big breakout. Constantly testing the resistance, while creating higher lows. Another break = bullish continuation.”

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Source: Van de Poppe/Twitter

The last coin is high throughput blockchain Zilliqa (ZIL). According to Van de Poppe, Zilliqa has managed to take out its immediate resistance against Bitcoin (ZIL/BTC) and now looks poised to print a bullish higher low structure at 0.0000014 BTC ($0.05).

“This one has made a breakout upwards, just like altcoins in December were a great buy (remember ATOM and LINK?).

On an area of support right now, might be a good spot.”

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Source: Van de Poppe/Twitter

At time of writing, the ZIL/BTC pair is trading at 0.00000142 BTC ($0.06).

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Featured Image: Shutterstock/Tithi Luadthong/LongQuattro

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Zilliqa Google Searches Show a Spike in Interest in the Project

by Btcmanager

Zilliqa stats on Google Trends show that interest in the coin is growing as other cryptocurrencies such as Ethereum hit new highs this week. 

Zilliqa stands out as one of the first projects to successfully harness the power of sharding as a scaling solution. While other projects (including Ethereum) are planning to implement sharding, Zilliqa was among the first to demonstrate that it can work.

Interest in the Zilliqa Ecosystem

Some features on the Zilliqa ecosystem have been pushing the price of ZIL higher in 2021. Among them is the continued development of the Zilswap, Zilliqa’s DEX.

Zilswap is at the very heart of Zilliqa’s drive towards decentralized finance by enabling Zilliqa blockchain users to trade in digital assets. Zilswap is a product automated market maker built by Switcheo developers, which is identical to Uniswap, an unauthorized liquidity protocol. Users can exchange ZIL and ZRC tokens directly from their wallets on the Zilliqa blockchain or add tokens held as market makers by a liquidity pool.

A Multi-Network Ecosystem

Another major contributor is the Poly Network. The Zilliqa team works to connect to the Poly Network, enabling the Zilliqa Chain to transit through all the other chains in which Bitcoin, Ethereum, NEO, and Binance are connected. It leverages these features on ZilSwap to link Zilliqa with ZRC-2 assets ERC20/BEP20/NEP5.

In February, Zilliqa and XCADEMY collaborated to achieve a blockchain economy that enables content creators to monetize their content and stimulate user involvement through tokenization. XCADEMY uses Zilliqa to create a token economy by allowing content developers to launch a Zilliqa blockchain with their native tokens. The collaboration helps influencers reward and encourage followers to play video and interact in events directly on YouTube.

Latest Development on the Zilliqa Network

Just yesterday, Zilliqa announced Zilliqa Capital Pte. Ltd’sLtd’s official launch. Zilliqa Capital would invest as a strategic asset on the Zilliqa native utility token “”ZIL”” and selectively invest in Zilliqa and other relevant, non-Zilliqa-based companies.

Zilliqa Capital’s objective is to serve as a permanent capital. This environmentally friendly investment business will invest in decentralized solutions and fintech through investments, asset management, insurance, lending, transfers, remittances, and critical web 3.0 infrastructures.

The network will continue to receive greater interest from investors as more changes come into effect, such as using the Zilliqa Pillar Protocol scheduled for June. The establishment of a collaborative infrastructure is vital to the growth of this industry, and it shows the progress on that front through the likes of the Poly Network Bridge.

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Crypto.com Lists Zilliqa, Sending Price Up 23%

by Decrypt

Hong Kong-based crypto exchange Crypto.com listed the cryptocurrency Zilliqa (ZIL) this morning, as per an announcement. Traders bid the token’s prices up by almost 23% upon news of the listing.

ZIL tokens can now be traded against Tether (USDT), a stablecoin pegged to the US dollar, or Crypto.com Coin (CRO), the exchange’s own cryptocurrency, as per the listing tweet.

The tokens are trading at $0.05 at press time and are up over 23% compared to the past day. ZIL had an overall positive month for investors as well—its price is up by 68% compared to November.


Zilliqa prices shot up by 23% today. Image: ZIL/USD via TradingView.

Founded in 2017, Zilliqa was one of the earliest competitors to Ethereum, the world’s most used blockchain, and aimed to tackle the latter’s infamous congestion issues by utilizing a consensus design called “sharding,” which was implemented in 2019.

The feature involves splitting up the network into smaller groups of nodes (each called a shard), which helps lower the total load on the blockchain, as all transactions are not immediately broadcast to everyone on the network. This, in turn, enhances scalability and security.

Such features have helped catapult Zilliqa to the world’s 42nd largest blockchain network by market capitalization, as per data on analytics site CoinGecko. It is valued at $688 million as of December 23 and has a current circulating supply of 11.5 billion tokens.

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