Degen

DegenSwap

Degen (SOL)

Degen Token

Despite <a href="https://www.coingecko.com/en/global-charts" rel="nofollow noopener" target="_blank">heavy volatility</a> permeating the digital asset market in recent months, the industry has witnessed several blockbuster crypto events, showcasing its continued growth and innovation. For instance, August alone saw the conclusion of premier events such as the <a href="https://abs.io/speakers/" rel="nofollow noopener" target="_blank">Asia Blockchain Summit</a> and <a href="https://istanbulblockchainweek.com/about-us/" rel="nofollow noopener" target="_blank">Istanbul Blockchain Week</a>, among several others. 
That said next week, two of the largest, most prestigious crypto conferences in the world — namely, <a href="https://www.asia.token2049.com/speakers" rel="nofollow noopener" target="_blank">Token2049</a> and <a href="https://www.degensummit.com/" rel="nofollow noopener" target="_blank">Degen Summit</a> — are set to get underway. The former is scheduled to take place between the 18th and 19th, while the latter is a one-day event that will conclude on the 16th. Both events are scheduled to take place in Singapore. 
One common thread tying both conferences together is the fact that they are both being <a href="https://x.com/zignaly/status/1825935351287828586" rel="nofollow" target="_blank">sponsored</a> by the upcoming Blockchain ZIGChain, with the co-founder, Adbul Rafay Gadit, set to <a href="https://x.com/zignaly/status/1833544648062545961" rel="nofollow" target="_blank">deliver a detailed talk</a> on the ‘tokenization of intellectual property (IP)’ at the Degen Summit. 
Also, it bears mentioning that this year’s iteration of the two events will host a range of speakers, including venture capitalist Balaji Srinivasan, Solana co-founder Anatoly Yakovenko, Binance CEO Richard Teng, Manta co-founder Victor Ji and Animoca Brands director David Ching (among many others). 
Finally, as part of the festivities, on September 18, ZIGChain is <a href="https://lu.ma/j087ggj5" rel="nofollow noopener" target="_blank">hosting</a> the ‘ZIGChain Singapore 2024 Meetup’ – the biggest side-event of Token2049. The program seeks to bring together the movers and shakers of the Web3 universe for an evening of networking and knowledge sharing.&nbsp; 
Similarly, on the 19th, the firm is sponsoring a mixed martial arts (MMA) event dubbed ‘Crypto Fight Week.’ It will take place at the Marina Bay Sands (the same venue as Token2049) and will lay host to some of the top combat sports athletes and WEB3 veterans. 
<h3 class="wp-block-heading" id="zigchain-s-ascent-explained">ZIGChain’s ascent explained.</h3> 
Since the start of the year, ZIGChain has made major strides within the crypto landscape, forging many high-profile partnerships in the process. Most recently, the team <a href="https://twitter.com/zignaly/status/1833907561193447519" rel="nofollow noopener" target="_blank">partnered</a> with Three Protocol, bringing their advanced AI solutions for eCommerce to its platform. Similarly, the firm also <a href="https://x.com/ARafayGadit/status/1834121642135470276" rel="nofollow" target="_blank">announced the release</a> of its Mastercard-backed ZigChain Card, allowing users to spend their crypto seamlessly across the globe. 
However, most importantly, on August 29, Zignaly <a href="https://x.com/zignaly/status/1829196420584485147" rel="nofollow" target="_blank">announced </a>the release of its <a href="https://medium.com/zignaly/zigstake-power-up-for-zigchain-mainnet-7cdfcd22b790" rel="nofollow noopener" target="_blank">ZIGStake </a>program, offering staking rewards of 60,000,000 $ZIG worth approx. $6 Million. The initiative redefines the $ZIG ecosystem by providing substantial rewards for early adopters. Moreover, since there is no minimum staking requirement, anyone can participate and earn from the aforementioned reward pool (i.e. proportional to their staked funds). 
In this context, is should be noted that ZIGChain <a href="https://x.com/zignaly/status/1829558525330149775" rel="nofollow" target="_blank">recently completed</a> a major airdrop, distributing 17,500,000 $YAWN — a meme token benefiting from brand-driven businesses — to users who had staked at least 5,000 $ZIG. Early $ZIG stakers also received airdrops of 150,000 $NEIRO, 27,000,000 $EBULL, and 3,365,520,000,000 $PEPAY.&nbsp; 
Additionally, the team has set aside 125 million tokens for a community pool dedicated entirely to staking rewards and community development. Last week alone, the firm has already airdropped over $150,000 to its backers with anticipation of more coming.&nbsp; 
<h3 class="wp-block-heading" id="steady-growth-is-the-name-of-the-game">Steady growth is the name of the game.</h3> 
Over the past year, $ZIG’s value has increased by nearly 2,000%, with this growth being rooted in several positive developments surrounding the ecosystem. 
The project has established collaborations with leading crypto projects like <a href="https://x.com/zignaly/status/1819013724201500989" rel="nofollow" target="_blank">Web3Auth</a>, a wallet abstraction infrastructure provider; <a href="https://x.com/HoudiniSwap/status/1823401877762973837" rel="nofollow" target="_blank">HoudiniSwap</a>, a crypto exchange platform; <a href="https://medium.com/zignaly/strategic-alliance-enjinstarter-x-zigchain-4645234371da" rel="nofollow noopener" target="_blank">Enjinstarter</a>, an incubation and launchpad service; and <a href="https://x.com/Spectre__AI/status/1790746328558977531" rel="nofollow" target="_blank">SpectreAI</a>, an AI-based trading platform.&nbsp;&nbsp; 
Lastly, Zignaly also entered a multi-faceted <a href="https://x.com/zignaly/status/1821229017837813983" rel="nofollow" target="_blank">partnership with Messier</a> last month, with the latter investing a significant portion of its treasury with the company. Thus, looking ahead, it will be interesting to see how things fare for $ZIG. Interesting times ahead!

ZIGChain Continues to Make Headlines Ahead of Token2049 and Degen Summit

Table of Contents

Cryptopolitan_News

Other articles published on Sep 16, 2024

Crypto Trader Turns $16.5K Into $1.8M As This Meme Token Rockets 1000%

DeGods NFT Creator De Labs Launches A New Crypto Token $DeGods – Here’s More Details

BaseBros DeFi project enacts rug pull, steals over $130k

Weekly Article Recap: 9/02-9/06

Sonic Blockchain Targets $11T Unsecured Lending Market With Credit Scores for Digital Wallets

Crypto: Sony And Circle Join Forces To Propel USDC Into Web3

Join our free newsletter for daily crypto updates!