ZAP Protocol Secures $15.1 Million to Strengthen Token Distribution

IconCryptoNewsTerminal Staff12 Jul, 2024

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ZAP Protocol Secures $15.1 Million to Strengthen Token Distribution

ZAP Raises $15.1 Million in Funding Token distribution protocol ZAP has successfully raised $15.1 million in three funding rounds. The rounds garnered support from prominent venture capital firms such as Rarestone Capital, Cypher Capital, and Sharding Capital. This latest funding boost values ZAP at approximately $100 million. The funds raised will fuel the development of ZAP's token distribution platform, which aims to optimize token distribution processes for projects and investors alike. ZAP's platform offers a suite of features designed to enhance transparency, efficiency, and fairness in token distribution. It enables projects to customize their distribution parameters, automate token allocations, and facilitate seamless distribution to token holders. The successful funding rounds underscore the growing demand for effective token distribution solutions within the blockchain ecosystem. ZAP's innovative approach has attracted the attention of investors and projects alike, and the company is well-positioned to capitalize on the increasing adoption of tokenized assets.

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