Overview
- Stage 2 is live with roughly 190 million ZKP released per 24-hour on-chain auction that allocates proportionally and allows claims after each window.
- Project materials and reports state that any tokens unallocated at the end of a daily window are permanently burned, reducing future supply.
- An active $5 million promotion will award $500,000 in ZKP to 10 participants, with reported entry steps that include holding at least $100 in ZKP and referral-based actions.
- ZKP positions itself as a Substrate-based Layer 1 supporting EVM and WASM with Proof Pods handling off-chain computation, generating proofs, and earning tokens using a reference rate tied to the prior day’s auction close.
- The presale has raised over $1.7 million so far, and media note that larger fundraising targets and ROI projections circulating around the project come from promotional sources and lack independent verification.