#Binance Alpha New Token Research - ZenChain ($ZTC)
1⃣ Project Overview
@zen_chain is a fully decentralized and EVM-compatible Bitcoin L1 solution that leverages the Bitcoin network for secure cross-chain interactions, enhancing both the Bitcoin and Ethereum ecosystems
2⃣ Token Model
Total Supply: 2.1 billion
Initial Circulating Supply: 5.46 billion (26.04%)
Listing Time: January 7, 18:00
Project Funding: Not disclosed
BSC Contract: 0x87033d521f1a5db206860f2688ca161719f85187
3⃣ Token Allocation
Validators: 30.50% (0% unlocked at TGE, linear release over 60 months)
Team: 15.00% (0% unlocked at TGE, 12-month lock, remaining 25 months linear release)
Ecosystem: 15.03% (3.01% unlocked at TGE, remaining 16% linear release over 10 months, 64% linear release over 20 months)
Foundation: 13.47% (3.33% unlocked at TGE, 5-month lock, then linear release over 25 months)
GTM/Community: 6.20% (100% unlocked at TGE)
Airdrop: 7.00% (3.50% unlocked at TGE, remaining 5-month lock, then linear release over 6 months, based on claim)
Liquidity: 5.00% (100% unlocked at TGE)
Marketing: 5.00% (100% unlocked at TGE)
Strategic Round: 2.80% (0% unlocked at TGE, 12-month lock, remaining 24 months linear release)
4⃣ Supply Analysis
2% on Binance Alpha at 18:00
Airdrop 3.5%, claiming time not yet known, should be soon
5⃣ Yield Estimation
Pre-launch price: $0.007, corresponding circulating market cap: $38 million, FDV: $147 million
Pool price: $0.00475U, corresponding circulating market cap: $26 million, FDV: $100 million
6⃣ Potential Selling Pressure
Mainnet not yet launched, technical implementation still to be validated, intense competition in the EVM blockchain space, need to demonstrate differentiated value; although testnet activity is high, real-world mainnet adoption remains uncertain