The Zero Knowledge Proof (ZKP) crypto project is entering a critical phase, with only 7 days remaining in Stage 2 of its structured presale auction. The project, which leverages zero-knowledge proof (ZKP) technology to enable private and verifiable data sharing for artificial intelligence (AI) applications, has raised nearly $1.85 million so far, working towards a massive $1.7 billion fundraising goal.
At the core of the ZKP network is a layered architecture designed for high performance and scalability. It utilizes advanced cryptographic tools like zk-SNARKs and zk-STARKs, allowing data to be verified without exposing the underlying sensitive information. This technology is positioned as a solution to the AI privacy crisis, enabling sectors like healthcare and finance to collaborate on data-intensive tasks like model training or medical research without compromising confidentiality.
The project's token distribution is governed by a 17-stage auction model, with each stage lasting approximately 25 days. Currently, in Stage 2, the network is distributing 190 million ZKP tokens daily. This daily allocation is set to drop to 180 million ZKP when Stage 3 begins, with a reduction of 10 million tokens per day in each subsequent stage. Any unallocated tokens from a stage are permanently burned, creating a deflationary mechanism. The final stage will see only 40 million coins distributed daily.
This 450-day rollout strategy is designed to prevent supply shocks and reward early participants. The project's dual compatibility with Ethereum smart contracts and WebAssembly (WASM) aims to provide a flexible environment for developers to build applications and run advanced AI computations on a decentralized platform.
