ZKCBoundless (ZKC) Price

1.Project introduction

Boundless is a protocol designed to unlock verifiable compute on any chain, enabling a decentralized marketplace for zero-knowledge (ZK) proofs. It allows independent provers to offload computational tasks for L1s, apps, rollups, and infrastructure, providing transparent and secure ZK proof verification. The project introduces the novel Proof of Verifiable Work, incentivizing nodes to contribute useful computation, while making blockchain interoperability and scalability accessible to all. Boundless aims to accelerate adoption by supporting developers, node operators, and users through open frameworks and an inclusive ecosystem.

2.Team introduction

Shiv Shankar - CEO

https://www.linkedin.com/in/shiv-shankar/

3.Investment institution

Leaps by Bayer, RA Capital Management, Fidelity Management & Research Company LLC, ARCH Venture Partners, Nextech Invest, Wellington Management, Vertex Ventures HC, Redmile Group, Surveyor Capital (a Citadel company), GT Healthcare Capital Partners, Alexandria Venture Investments, PFM Health Sciences, Logos Capital, City Hill Ventures

4.Token application and distribution

Token application

The ZKC token in the Boundless ecosystem is used for staking (to secure the network and earn rewards), governance (allowing holders to participate in protocol upgrades, grants, and marketplace rules), and as rewards for provers generating valid ZK proofs. Provers also lock ZKC as collateral before accepting tasks; failure to deliver timely proofs results in part of the collateral being burned and reassigned as a bounty.

Token distribution 

Ecosystem Fund: 31%

Core Team & Early Contributors: 23.5%

Investors: 21.5%

Strategic Growth Fund: 18%

Other: 6%

Public Sale: 1.38%