Zero Knowledge Proof (ZKP) has officially opened its whitelist, marking the start of what it describes as the world's first Initial Coin Auction (ICA). This innovative approach introduces a daily auction system where the market determines the token price, rather than the project team setting a fixed value. Each day, 200 million ZKP tokens are allocated, and participants can contribute using ETH, USDC, or ZUSD, with the final price per token calculated by dividing total contributions by the number of tokens distributed that day.
The whitelist phase serves as the entry point for early participants, ensuring smoother onboarding and accessibility. A key feature is the anti-whale policy, which enforces a $50,000 per-wallet daily contribution limit to prevent dominance by large buyers and promote equitable distribution. All auctions are conducted on-chain, allowing full transparency and verifiability of contributions and outcomes.
Beyond the auction, Zero Knowledge Proof incorporates Proof Pods, physical devices that connect via Wi-Fi to perform verified compute tasks, enabling users to earn ZKP tokens through measurable workloads. The project has also gained visibility through a partnership with the Dolphins, a professional rugby league team in Australia, expanding awareness beyond the crypto community. Analysts note that this transparent, fairness-driven model is drawing significant attention in presale discussions.
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