Zircuit (ZRC) Project Analysis
Research Institute Review
Zircuit is an AI-driven ZK rollup with sequencer-level security and parallel circuits, built by a team with Web3 security expertise and PhDs in computer science, algorithms, and cryptography. The project uniquely combines performance and security through its architecture. Currently, the network has over $2.2 billion in staked assets, including $2 billion in ETH.
Recent Breakout Points
Zircuit has been one of the most active projects in the current airdrop trend. Its mainnet launched recently, with snapshots completed on November 20th, distributing airdrops to early testnet participants. The community engagement has been highly active.
Project Introduction
Zircuit is a fully EVM-compatible zero-knowledge rollup designed to enhance Web3 functionality. It employs a hybrid architecture that combines zero-knowledge proofs with reliable infrastructure, ensuring high performance and security at the sequencer level. This setup accelerates transaction speeds, reduces fees, and improves security. Zircuit is the first zkEVM built on Bedrock, featuring a secure native bridge, Ethereum application support, and compatibility with mainstream wallets and tools like MetaMask and Hardhat.
Token Utility
ZRC is the core of Zircuit's architecture, enabling participants to earn rewards, engage in equitable network application launches, and support ecosystem growth. As the ecosystem's cornerstone, ZRC aligns incentives between developers and users, fostering collaboration and innovation.
Tokenomics
| Category | Allocation | Locking/Unlocking Details |
| Community Allocation | 13.08% | 1-year lock-up, followed by 24 months of linear release |
| Ecosystem Development | 17.93% | 1-year lock-up, followed by 24 months of linear release |
| Foundation | 18.70% | 1-year lock-up, followed by 24 months of linear release |
| Team | 18.74% | 1-year lock-up, followed by 24 months of linear release |
| Investors | 10.55% | 1-year lock-up, followed by 24 months of linear release |
| Airdrops & Community Rewards | 21.00% |
- 7.00% (Season 1): Unlocked at TGE - 3.00% (Season 2): Unlocked at TGE - 2.45% (Events: Fairdrop, Catizen, Binance Web3, etc.): Unlocked at TGE - 8.55% (Future Rewards): 6-12 month lock-up, followed by 24 months of linear release |
Project Highlights
Zircuit has been twice led by Binance Labs in funding rounds.
Investors
Zircuit's funding includes investments from top-tier institutions, notably Binance Labs, which led the funding rounds twice. Other participants include Robot Ventures, Parallel, LayerZero, Axelar, F2Pool, Nonce, KelpDAO, ETHGlobal, and several notable angel investors. The project has raised a total of $5 million.
Community
Twitter Followers: 450,000
Twitter Link: https://x.com/ZircuitL2
Special Economic Model
None
Future Outlook
None
Basic Information
Project introduction: Zircuit is a fully EVM-compatible zero-knowledge rollup designed to enhance Web3 functionality. It employs a hybrid architecture that combines zero-knowledge proofs with reliable infrastructure, ensuring high performance and security at the sequencer level. This setup accelerates transaction speeds, reduces fees, and improves security. Zircuit is the first zkEVM built on Bedrock, featuring a secure native bridge, Ethereum application support, and compatibility with mainstream wallets and tools like MetaMask and Hardhat.
Token Full Name: Zircuit
Token Symbol: ZRC
Project Website: https://www.zircuit.com
Documentation: https://docs.zircuit.com/tokenomics/zircuit-token-zrc
Blockchain Explorer: https://etherscan.io/token/0xfd418e42783382e86ae91e445406600ba144d162
Liquidity Information: None
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CoinW Institute
2024/11/25