Overview
- The network went live on September 15, moving its zero‑knowledge compute marketplace from beta into production to deliver verifiable compute across blockchains.
- Its Proof of Verifiable Work model measures proof complexity and pays provers accordingly, with participation gated by staking and locking of ZKC as collateral.
- Early use cases announced include Wormhole for ZK verification of Ethereum consensus, BOB for Bitcoin‑EVM interoperability, and Lido for validator‑exit proofs, according to the project.
- ZKC debuted on major exchanges including Binance, Bybit, Gate and KuCoin and rapidly fell about 46% after listing, with a separate report linking the drop to selling by early recipients and investors.
- Tokenomics detail a 1 billion genesis supply with about 200.9 million in circulation at listing, an issuance rate starting near 7% and tapering toward ~3% by year eight, and 5–6% allocated to airdrops including a 1.5% Binance HODLer distribution.