Zignaly Founders Extend $ZIG Lock-Up for Another Year, Empowering the ZIGChain Foundation for Sustainable Growth

Zignaly
Zignaly
Published in
3 min readOct 29, 2024

To foster sustainable growth within the ZIGChain ecosystem, the Zignaly founders have again extended the lock on their $ZIG allocation.

Initially, at the time of the Token Generation Event (TGE), the founders’ allocation of 545 million $ZIG tokens was scheduled to unlock with a 30-month linear vesting period beginning in 2022. However, in alignment with their vision for ZIGChain’s long-term impact, the founders have voluntarily renewed the lock on this allocation each year over the past three years.

Earlier in 2024, the founders also committed to advancing ZIGChain’s development by donating 100 million $ZIG from their locked allocation to the ZIGChain Foundation. This foundation is expected to be instrumental in supporting the ecosystem’s growth through new decentralized applications, tools, and initiatives that enhance value for the entire community.

Accordingly, 445 million $ZIG tokens from the founders’ original allocation will remain locked until 2026, underscoring their enduring commitment to ZIGChain’s mission of democratizing wealth generation and expanding access to investment opportunities globally. The 100 million $ZIG donation to the ZIGChain Foundation will vest over 30 months, beginning in January 2025, empowering the foundation to drive innovation within the ecosystem.

Hear From The Founders Themselves

“By extending the lock on our $ZIG allocation, we emphasize our commitment to the community and our vision for ZIGChain’s future. We’re dedicated to fostering equal investment opportunities for everyone and ensuring ZIGChain remains a secure, sustainable platform for wealth generation.” — Bartolome R. Bordallo, Co-Founder

“Locking our tokens for another year underscores our belief in ZIGChain’s mission to empower individuals in wealth-building and financial independence. With this extension, we’re aligning our personal commitment to support the platform’s growth while ensuring the community and developers have resources through the ZIGChain Foundation to create, innovate, and expand the ecosystem sustainably.” — Abdul Rafay Gadit, Co-Founder

“This token lock extension is hopefully a powerful statement of intent about ZIGChain’s future. As founders, we’re focused on long-term value and the stability of the ecosystem. By donating 100 million $ZIG to the ZIGChain Foundation, we’re directly fueling initiatives that make a real impact — supporting developers, expanding resources, and building a self-sustaining, community-driven platform that will serve everyone who joins this journey with us.” — David Rodriguez, Co-Founder

About Zignaly and ZIGChain:

Since 2018, Zignaly has been on a mission to democratize wealth-generation opportunities. Through its user-friendly platform, Zignaly connects 500,000+ users worldwide with top digital asset managers to make investment strategies accessible to everyone.

ZIGChain represents the next evolution in this journey. ZIGChain is a Layer 1 blockchain that provides an infrastructure where developers can easily create wealth-generation protocols, fund managers can deploy advanced strategies at scale, and users can access wealth-building opportunities previously reserved for a select few. The ZIGChain $100M Ecosystem fund is powered by DWFLabs & UDHC Finance!

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Zignaly
Zignaly

Published in Zignaly

Empowering financial well-being by using crypto as a medium to access investment opportunities

Zignaly
Zignaly

Written by Zignaly

Zignaly is a group of passionate individuals who are building a trusted crypto social investment platform that leverages the playing field for everyone.

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