Zero Knowledge Proof (ZKP) has officially launched its daily presale auction, releasing 200 million coins every 24 hours through an open contribution pool that accepts ETH, USDC, USDT, BNB, and over 20 other assets. Each contribution is logged on-chain in real time, with coins distributed proportionally at the end of each cycle based on participants' share of the daily pool.
The project enforces a $50,000 daily limit per wallet to ensure fair access, preventing large holders from dominating the auction. The settlement price from each daily cycle becomes the reference for Proof Pods, which are already active and earn rewards based on previous day's data by validating compute tasks using zero-knowledge cryptography.
Backed by $100 million in self-funded infrastructure and no external investors, ZKP's network is fully operational, emphasizing transparency and real activity over speculation. Meanwhile, broader market conditions show Ethereum nearing the $3,000 resistance level, Binance Coin recovering above $850, Uniswap trading weakly at $6.24, and ZCash experiencing volatility near $502.02, though these are secondary to the ZKP event.
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