Zignaly’s announcement of a $100 million ecosystem fund brought an increase in the altcoin price.
The Zignaly team recently launched on the Cosmos blockchain. ZIGChain initiated and in addition $100 million announced that it provided an ecosystem fund. The fund’s giant market maker DWF Labs It was stated that it was supported by.
Following the announcement, the local token of the project around 20% experienced an increase. The team in Dubai at Token2049 In his statement, it was stated that the fund in question will be used in DeFi infrastructure works and increasing adoption.
DWF Labs manager Andrei Grachev made the following statement on the subject:
ZIGChain will allow developers to focus on doing what they do best: enabling asset managers to create a layer of power users that then act as a conduit between the protocol and its user base. This rare combination of developers, asset managers, and users has never been attempted before at this scale and in a decentralized way.
The project recently in south africa It managed to attract attention by announcing that it had received a crypto license.
CoinGecko data influenced by news flow 20% increaseinterrogator ZIG$0.078 from level for $0.093 climbed up. ZIG is trading at $0.087 at the time of writing.