Binance Invested Project Launches Mainnet, Will Distribute Airdrop

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Bitcoinsistemi2024/08/05 21:21

By:Mete Demiralp

The project, previously invested by Binance Labs, announced that it has launched its mainnet and will distribute airdrops.

Zircuit, a Layer 2 (L2) blockchain project, announced the launch of mainnet Phase 1, marking a major milestone for the network. With the activation of Zircuit Mainnet nodes, the project also opened requests for Season 1 airdrops, rewarding early contributors and participants.

Zircuit, which previously received investment from Binance Labs, the investment arm of the cryptocurrency exchange, has a Total Locked Value (TVL) exceeding $2.5 billion.

Yi He, Co-Founder of the Exchange and President of Binance Labs, made the following comment about his company's investment in the project:

“At Binance Labs, we support projects that innovate on Web3 and accelerate the blockchain industry. Zircuit offers a more secure L2 solution thanks to sequencer-level security integration, and we look forward to watching this solution grow and evolve further.”

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Zircuit's Co-Founder Dr. Martin Derka said:

“Zircuit was born from cutting-edge scalability and security research. We are innovating on a deep technical foundation and making Ethereum safer for the next billion users. “We are thrilled to have Binance Labs join us on this journey.”

*This is not investment advice.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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