š What is Boundless (ZKC)?
ā¢ A universal zero-knowledge (ZK) protocol by RISC Zero.
ā¢ Provides verifiable compute for any blockchain or rollup.
ā¢ Uses a proof marketplace where provers compete to generate proofs.
ā¢ Runs on Proof of Verifiable Work (PoVW) to reward provers.
š Key Features
ā¢ zkVM (RISC-V based) ā Can prove complex computations.
ā¢ Chain-agnostic ā Works across multiple blockchains & rollups.
ā¢ Proof marketplace ā Decentralized system where provers stake and earn.
ā¢ Token utility (ZKC) ā Staking, governance, proof payments, incentives.
ā¢ Developer tools ā SDKs, CLI, templates to simplify integration.
š” Use Cases
ā¢ Scaling Layer-1 chains and Layer-2 rollups.
ā¢ Powering cross-chain bridges and interoperability.
ā¢ DeFi applications needing lower costs & higher security.
ā¢ Any dApp requiring heavy computation with on-chain verification.
š Tokenomics
ā¢ Total supply: 1,000,000,000 ZKC.
ā¢ Initial circulating supply: ~200.9 million (ā 20%).
ā¢ Inflation schedule:
ā¢ Year 1 ā 7% annual inflation.
ā¢ By Year 8 ā 3% annual inflation.
ā¢ Airdrops / incentives: e.g. 15M ZKC Binance HODLer drop.
š Market Data (as of now)
ā¢ Price: ā $0.63 ā $0.64.
ā¢ Market cap (circulating): ā $120M ā $130M.
ā¢ Fully diluted valuation (FDV): ā $640M.
ā¢ Trading volume: High (hundreds of millions daily).
ā Strengths
ā¢ Backed by strong ZK technology (zkVM, verifiable compute).
ā¢ Ecosystem growth potential ā rollups, L1s, bridges.
ā¢ Clear token utility ā not just hype, but infrastructure use.
ā¢ Community & incentive programs (airdrops, staking rewards).
ā ļø Risks & Challenges
ā¢ Inflation pressure ā new tokens entering supply.
ā¢ Adoption risk ā needs wide developer / chain integration.
ā¢ Strong competition ā zkSync, StarkNet, Scroll, etc.
ā¢ Sell pressure ā from early unlocks & airdrops.
ā¢ Technical complexity ā zkVM & prover reliability must hold.
ā¢ Regulation ā ZK & privacy tech may face scrutiny.
š What to Watch
ā¢ Growth in proof volume & network usage.
ā¢ Amount of ZKC staked vs circulating.
ā¢ Token unlocks schedule (could affect price).
ā¢ Partnerships / integrations with chains & rollups.
ā¢ Performance vs competitors in cost, speed, developer adoption.
š Conclusion
ā¢ ZKC = not just another token ā itās real infrastructure for Web3 scaling.
ā¢ If adoption grows, Boundless could be a key player in ZK infrastructure.
ā¢ But watch for inflation, adoption curve, and competition before investing.
