One-sentence summary: ZenChain is a self-rescue project developed by the Unizen team after their project was hacked
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📍Project Overview:
ZenChain is the first fully decentralized Bitcoin EVM L1 blockchain project, combining Bitcoin's Layer 1 security with Ethereum-compatible programmability, aiming to unlock the full potential of the Bitcoin economy and achieve a secure, decentralized cross-chain future. Key features include asset bridging, ZTC staking, reward earning, and dApp development. The project emphasizes cross-chain interoperability, enabling Bitcoin usage on EVM, with future plans including a consensus layer, trustless Taproot bridge, real-time Bitcoin security, and ZTC as Bitcoin gas.
📍Established: Founded at the end of 2024 or early 2025, actually developed by the Unizen team
📍Hot Events: Announced $8.5M financing before token issuance, which is quite blatantly grabbing everyone's attention
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📍Financing Information: Completed $8.5M financing announced on January 6, 2026
📍Investment Institutions: Watermelon Capital, DWF Labs, and Genesis Capital led the investment
📍Team Information: Unizen team, based in Singapore, relatively rich development experience (lost $2.1 million due to hacker attack)
📍Profitability (Self-Sustainability) Capability: The Bitcoin ecosystem is cooling down, and the outlook is unclear
📍Ticker Mysticism: $ZTC [Unlucky]
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📍Total Token Supply: 21,000,000,000 (2.1 billion) ZTC
📍Initial Circulation: Approximately 26.04% (5.469 billion) ZTC
📍Token Contract: TBD
📍Pre-TGE/ICO: Exclusive TGE on Binance wallet, 7% of tokens (1.47 billion)
📍Token Airdrop: /
📍Listing on CEX: Set to launch on Binance Alpha, other second-tier exchanges are currently unknown
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📍FDV Estimate: Based on $8.5 million financing and industry average valuation multiples, ZenChain's FDV is approximately between $200 million and $400 million
📍Project Rating: Good --
📍Operational Suggestions: It is recommended to observe the performance after launch; Binance wallet TGE is relatively reliable, with potential for launching on Binance contracts
📍Token Economics, Allocation:
