zkPass Unveils ZKP Tokenomics with 1 Billion Total Supply

According to zkPass’s official statement, the launch of ZKP tokenomics details structured ERC-20 distribution, with nearly half allocated to the community and a focus on gradual unlock schedules.

Summary

According to zkPass’s official announcement, the ZKP ERC-20 token will have a total supply of 1 billion units. Distribution includes 48.5% to the community, 22.5% to early investors, 14% to core contributors, 10% to the DAO treasury, and 5% to liquidity provision, each with specific lock-up and vesting schedules. zkPass previously raised $12.5 million in October 2024, achieving a $100 million valuation.

Terms & Concepts
  • ERC-20: A technical standard for fungible tokens on the Ethereum blockchain, defining common rules for token implementation.
  • Tokenomics: The economic model defining a cryptocurrency's supply, distribution, and other financial parameters.
  • DAO Treasury: A reserve of funds managed collectively by a decentralized autonomous organization, used to support its operations and initiatives.