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Zignaly Launches ZIGPAD, a New Incubator and VC Network

Offering will help provide additional revenue streams to ZIG holders and Zignaly users

SINGAPORE / ACCESSWIRE / January 13, 2022 / Social investment platform Zignaly is announcing the launch of ZIGPAD, which will create new opportunities for blockchain projects looking to raise funds, and give its growing userbase of 350,000 a fair and equal opportunity to participate in cross-chain IDOs, without the usual battles over smart contracts.

Zignaly was launched with the aim of bringing the digital asset economy to the masses, allowing investors to easily include cryptocurrencies into their portfolios with no advanced technical knowledge required. Since launch, the platform has attracted some of the cryptocurrency industry’s top traders and funds, who share their knowledge and insight to help guide the community. Users of the platform are able to invest in these traders’ moves and share in the profits.

ZIGPAD is set to launch its first project within days of this announcement, aiming to launch multiple projects every month going forward.

“This is the first of the many new diversification tools Zignaly aims to launch on top of its current trading-based marketplace, allowing ZIG Holders and Zignaly users to maximize returns on their digital asset investments,” says Zignaly CEO Bartolome Bordallo.

To ensure fairness, ZIGPAD will work on the proportional distribution mechanism, where ZIG holders will be allocated portions based on the pledge amount during the subscription period, mirroring the approach adopted by Binance. ZIGPAD aims to launch the best projects in the most trending industries, leveraging its large user base and capital under management.

For many of its 350,000 users, Zignaly is the only investment platform they use, a signal of the trust the network has built up as well as its unmatched cross-chain flexibility, traditions Zignaly intends to maintain with the launch of ZIGPAD. In operation since 2017, Zignaly has seen a steady influx of new users and increased website traffic, with just under 732,000 monthly visitors and an average month-over-month increase of 100,000. Zignaly’s infrastructure can easily support sales and IDOs on chains including ERC20, BSC, Polygon, Solana, Harmony, Avalanche and many others.

Zignaly is a leader of the social trading revolution, whose users have allocated a combined $120 million to invest in the trading moves of more than 300 of the platform’s vetted expert traders. True Zignaly believers have transferred over 100 million ZIG to their Zignaly wallets, and users have generated more than $4 billion in trading volumes on the platform to date.

About Zignaly

Zignaly is a social investment platform that allows users to share in profits from professional crypto traders using copy-trade strategies, or through actively managed investment services run by professional traders at a fraction of the cost of similar products in the traditional finance landscape. Zignaly strives to open up crypto investing to everyone, regardless of their level of expertise or technical know-how. The founding team includes a roster of seasoned entrepreneurs with experience spanning FinTech, Marketing, Big Data, Online Advertising, and more. The platform raised a $3 million funding round in March 2021 led by Parataxis Capital and joined by a who’s-who of institutional digital asset investors.

Media Contact:

Alaina Stowers
alaina@energentmedia.net

SOURCE: Zignaly

View source version on accesswire.com:
https://www.accesswire.com/683212/Zignaly-Launches-ZIGPAD-a-New-Incubator-and-VC-Network

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