Zilliqa

Zilliqa

Blockchain platform for decentralized applications

About

Zilliqa is a blockchain platform that allows developers to create decentralized applications (dApps) with a focus on safety and efficiency. It uses its native token, ZIL, for transactions and smart contract executions, generating revenue through transaction fees and staking rewards. A unique aspect of Zilliqa is its programming language, Scilla, which enhances the security of smart contracts. The platform also provides extensive resources for developers and supports various financial products and NFT marketplaces.

Company Stage

N/A

Employees

51-200

Industries

Crypto & Web3, AI & Machine Learning

Total Funding

$1M

Headquarters

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • The integration with Fireblocks opens up new opportunities for institutional and retail investors, potentially driving significant growth in the Zilliqa ecosystem.
  • Zilliqa's staking mechanism offers users a steady stream of passive income, enhancing user engagement and network security.
  • Partnerships like The Winners Circle and Roll1ng Thund3rz highlight Zilliqa's innovative approach to fan engagement and gaming, broadening its market reach.

What critics are saying

  • The highly competitive blockchain market requires Zilliqa to continuously innovate to maintain its edge.
  • Dependence on the success of its native token, ZIL, makes the platform vulnerable to market volatility.

What makes Zilliqa unique

  • Zilliqa's use of Scilla, a peer-reviewed programming language, ensures higher security and efficiency for smart contracts compared to competitors.
  • The platform's integration with Fireblocks enhances its appeal to institutional finance, providing secure and scalable solutions for digital asset transactions.
  • Zilliqa's focus on diverse applications, from NFT marketplaces to financial products, sets it apart in the blockchain ecosystem.

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Growth & Insights
Headcount

6 month growth

-6%

1 year growth

-18%

2 year growth

0%

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