Zulu Network Launches $ZULU Token on Bounce Launchpad

Bounce Brand is excited to partner with Zulu Network, the pioneering Native Bitcoin DePIN Layer designed specifically for decentralized AI and DePIN implementations. Zulu Network is launching their native token $ZULU on Bounce Launchpad, Two auction pools will go live simultaneously at 10AM UTC on Nov 10, 2024, open for 12 hours. Let’s dive into everything you need to know about the $ZULU Token Launch on Bounce Launchpad.

What is Zulu Network?

Zulu Network is the first Native Bitcoin DePIN Layer optimized for AI + DePIN implementations. With Zulu, everyone will have the ability to stake assets, help facilitate operation of various DePIN and AI protocols and earn on the Bitcoin Network.

Zulu is an innovative blockchain protocol that combines the security of Bitcoin with the flexibility of EVM infrastructure to foster a new decentralized economy, focus on AI & physical infrastructures, and empower users to stake their assets to power the future of DePIN innovation.

Join their 770k+ users and start earning and shaping the future on Bitcoin with Zulu.

$ZULU Token Launch Details

Pool 1: Staking Auction — Stake $AUCTION to get $ZULU allocation. The more $AUCTION and the earlier you stake, the more $ZULU you’ll get.

• Pool Page: https://app.bounce.finance/zulu-staking
• Blockchain: Ethereum
• Pool Supply: 312,500$ZULU
• Pool Value：$25,000
• Guide: https://docs.bounce.finance/auction-user-guide/staking-auction-guide

Pool 2: Fixed-Price Auction — First Come First Serve, no hard cap

• Pool Page: https://app.bounce.finance/zulu
• Blockchain: Ethereum
• Pool Supply: 312,500$ZULU
• Pool Value：$25,000
• Swap Currency: USDT
• Price: 1 $ZULU = 0.08 USDT
• Guide: https://docs.bounce.finance/auction-user-guide/fixed-price-auction-guides/participate-in-a-fixed-price-auction

Token Release Schedule: 10% release at TGE, followed by 6 months vesting with 15% release per month

*7-Day Refund Policy: Bounce participants are eligible to refund $ZULU at $0.08 within 7 days after the token launch ends. This applies only to $ZULU purchased on Bounce; tokens acquired from other platforms are not eligible for this refund policy. Once you claim a refund, you will forfeit the remaining vested $ZULU tokens that you originally purchased.

$ZULU Tokenomics

$ZULU’s Tokenomics is designed to support the sustainable growth of the Zulu ecosystem by rewarding contributors, incentivizing development, and expanding the community.

• Launchpad/Community Offering: 5% of Supply
• Community Building & Airdrop: 10% of Supply
• Marketing: 2% of Supply
• Investors: 12% of Supply
• Team & Advisors: 15% of Supply
• Foundation: 20% of Supply
• AI & DePIN Mining: 16% of Supply
• Ecosystem & DAO Reserve: 20%

$ZULU Utility

$ZULU is the native token of Zulu Network, designed to incentivize participation, support network security, and provide rewards through mechanisms like staking and transaction fees. It also has governance components, and much more.

Zulu Network adopts a transparent and incentivizing tokenomics model that encourages participation and growth:

• Bitcoin Layer 2 Architecture: Built on top of the Bitcoin blockchain with Bitcoin Network finality, Zulu Network enhances transaction speeds, reduces costs, and maintains the security of the Bitcoin network while introducing EVM compatibility for easy integration of existing Ethereum decentralized applications (dApps).
• Utility Token for DePIN and AI: $ZULU functions as the core utility token within the Zulu ecosystem, facilitating transactions, staking, and governance. It powers decentralized physical infrastructure networks (DePIN) and AI applications, providing users with access to critical protocols while securing network operations.
• Staking Mechanism: Users can stake $ZULU tokens to contribute to the network’s security and operation. By staking, participants power DePIN protocols and AI applications, earning rewards in Bitcoin (BTC) and $ZULU tokens.
• Decentralized Governance: Zulu Network’s community-centric governance model allows stakeholders to make critical decisions regarding protocol developments, revenue sharing, and ecosystem growth, creating a truly decentralized ecosystem.
• Utility Token: $ZULU serves as the native utility token within Zulu Network, necessary for transactions, staking, and governance.
• Earning Mechanism: Users can earn Bitcoin rewards by staking $ZULU tokens and powering DePIN innovations.
• Sustainable Business Model: Zulu’s decentralized model reduces costs by leveraging user staking to power DePIN and AI, creating a self-sustaining ecosystem with exciting rewards.

Investors & Partners

Investors: Draper Dragon, Web3.com, CGV, PANONY, D11 Labs, BlueRun Ventures (CH), Satoshi Lab, Ledger Capital, among others.

• Pre-seed closed $3M funding, featuring participation from Cryptogram Venture (CGV), D11 Labs, Web3.com Ventures, BlueRun Ventures China, Satoshi Lab, and Ledger Capital, among others: Yahoo Finance article here.
• Seed closed with Draper Dragon, Web3.com Ventures, CGV, PANONY, D11 Labs: Decrypt article here.

Partners: https://zulunetwork.io/ecosystem

Roadmap

About Bounce Brand

Bounce Brand is a decentralized platform dedicated to innovating and fulfilling the evolving needs of the Web3 space. Established in 2020, Bounce Brand is known for offering Auction-as-a-Service, an onchain auction protocol empowering Launchpad services and permissionless auctions for tokens, NFTs and RWAs.

Website | App | Docs | Telegram | Twitter | Medium | YouTube | Discord | Zealy | LinkeIn