What Is ZigCoin (ZIG)?

ZigCoin is an ERC-20 based cryptocurrency that powers Zignaly, an insurance protocol for crypto trading. Zignaly is created for people who can’t find reliable options outside of the conventional financial institutions. The ecosystem of Zignaly is built for talented traders who cannot monetize the strategies which are beyond the available funds. Through the Zignaly platform, investors worldwide can access a marketplace where expert traders show the results and methods with complete transparency. ZigCoin is NFT based insurance protocol and helps in running Zignaly.

Their whitepaper states that Zignaly envisions providing financial freedom to everyone and becoming a dynamic risk-friendly social crypto trading platform. Zignaly aims to take steps towards the democratization of wealth management and take it to the realm of cryptocurrency. The platform seeks to eliminate the barriers to entry for all incumbents who wish to enter the world of cryptocurrency investing and trading. 

Zig is the token that empowers the Zignaly ecosystem. The token assists in implementing Zignaly features. Zignaly endeavors to get closer to the user by rendering different opportunities. Zig is a utility token. Using Zig, the holder can purchase any other cryptocurrencies like Zig. Along with that, Zig offers a wide range of use cases and benefits. The Zig can be used for paying for services, paying the success fee, receiving trading fees, and participating in Zignaly Vault.

History of ZigCoin (ZIG)

Alejandro Palomar is the founder, and Martin Leclair is the co-founder of Zigcoin. The developers are Muhammad Murad Malik and Luis Fernando Pardo. Navatalia Avila Robledo is the project manager. In May 2021, the Zig coin wallet was launched, and in June 2021, the NFT wallet was found. The total circulating supply of Zigcoin is limited to 2,000,000,000.