Zignaly: The platform surprises do not end!

Mike Zillo
4 min readJun 23, 2022

In the Deep Review I explained to you step by step how the platform works, dwelling on the very interesting aspect of Profit-Sharing (if you have not yet registered, now is the right time!).
Profit-Sharing, nothing more than sharing with the trader we have decided to follow (thus copying his trades) the profits derived.
In my opinion, this is an extremely important chance that puts the basis for the democratic nature of the platform.
And it is only the tip of the iceberg!
If you remember, there is a dedicated wallet in the platform where native Zignaly tokens can be held the ZIG token.
This token has a very specific purpose within the Zignaly ecosystem, in fact it is rightfully a utility token, but it plays a much more important role.
The ZIG token is a Governance token, that gives the right to vote to the holders.
Through Governance tokens, all participants in the ecosystem can cast a vote (in favor or against) for a proposal to upgrade the platform or else. Like in the Blockchain!
Something like what happens in the Ethereum blockchain with EIPs.
This is the preparatory phase to the creation of a DAO.
Yes, you got it right Zignaly wants to become fully decentralized and put the management of the entire platform in the hands of the community.
But what is meant by a DAO?

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Mike Zillo

Cryptocurrency professional | Tokenomics expert | Senior Business Strategy Advisor | Book Publisher | Speaker | Yoga Student | Evolving Soul