Signsthe leading platform for connecting users with leading digital asset managers, announced that its founders have made the strategic decision to extend the lockup of its $ZIG tokens until January 2026, a year later than originally planned.
This decision underscores its unwavering commitment to ZIGChain, the Layer-1 blockchain designed to democratize wealth creation by making investment opportunities accessible to everyone.
“By extending the lockup of our $ZIG tokens, we emphasize our commitment to the community and mission of ZIGChain,”
said Bartolome R. Bordallo, co-founder and CEO of Zignaly.
“This decision aims to promote equal investment opportunities and ensure long-term sustainability for all stakeholders. Together, we are building a more inclusive financial future that benefits everyone.”
ZIGChain, Zignaly’s Layer 1 blockchain, represents the next evolution in the democratization of wealth creation opportunities. By providing an infrastructure for developers to build decentralized wealth-generating protocols and fund managers to implement advanced strategies, ZIGChain is revolutionizing the way institutions and retail investors can invest. The Blockchain US$100 million Ecosystem Fundsupported by DWFLabs and UDHC Finance, aims to further drive innovation in the WEB3 space.
The choice to maintain the lock-up is also in line with the company’s focus on creating equal financial opportunities for all participants in the ZIGChain ecosystem, ensuring that the project’s core values remain intact. It also significantly changes the economics of the company’s tokens, leading to less supply in the market as the founding tokens remain locked.
This extension excludes the founders’ donation of 100 million $ZIG tokens to the ZIGChain Foundation. Starting in January 2025, these tokens will continue to be purchased over a 30-month period, following a linear release schedule. The acquisition plan aims to empower the ZIGChain ecosystem
