Zignaly Announces Cosmos-Based ZIGChain, $100M Ecosystem Fund
Decentralized social-investing marketplace Zignaly has launched the ZIGChain layer-1 blockchain on Cosmos and a $100 million ecosystem development fund. The fund aims to develop user-friendly wealth-generation infrastructure. Zignaly, akin to a crypto fund manager, enables users to copy trades from professionals and recently received a crypto license in South Africa. The ZIGChain will allow developers to focus on building, with wealth managers acting as a link between the protocol and its user base. Zignaly's goal is to enable any user to engage in decentralized finance (DeFi) easily, regardless of their prior knowledge of digital assets. The wealth-management layer within ZIGChain will facilitate an effortless user experience by building a wealth management service on top of any DeFi protocol.
