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Mystiko Token (XZK) is now available on Bybit. Complete the tasks to share a 4,000,000 XZK prize pool!

Good news! Mystiko.Network, a leading ZK blockchain technology provider, is about to launch Mystiko Token (XZK) token trading on Bybit.

Mystiko.Network is the base layer of web3, with connectivity and confidentiality. The network utilizes zero-knowledge proofs and industry-leading "zk of zk" technology. In addition, Mystiko.Network is a guaranteed one-time one-stop shop for interoperability, scalability, and privacy.

Mystiko Token (XZK) Listed on ByBit: Details

XZK Deposits Open: Starting from June 17, 2024, 10:00 (UTC), users can start depositing XZK tokens into their accounts.

XZK Spot Trading: XZK trading will start at 10:00 (UTC) on June 18, 2024, allowing users to participate in spot trading activities.

XZK Withdrawal Availability: Starting at 10:00 (UTC) on June 19, 2024, users will be able to withdraw XZK tokens using the Ethereum network.

After the launch, XZK will support trading through spot grid trading robots, thereby improving users' trading efficiency.

To celebrate the launch of XZK, Bybit has prepared two exclusive events with a total prize pool of up to 4,000,000 XZK.

Participate in the event and complete the tasks to share the 4,000,000 XZK prize pool

1. Participate in Token Splash: Users can participate in Token Splash from 10:00 (UTC) on June 17, 2024 to 8:59 (UTC) on July 2, 2024. By completing deposits or trading tasks on the Token Splash page, you can get a share of the 4,000,000 XZK prize pool.

2. XZK Referral Program: Use your referral code to invite friends to register on Bybit and participate in XZK Token Splash (Event 1 or Event 2). You will receive 50 XZK for each successful referral, up to 10 referrals per user.

What is Mystiko Network?

Mystiko.Network is a pioneering project focused on developing ZK SDK for decentralized applications (DApps) and blockchain.

Recently, the platform raised over $18 million in funding from well-known entities such as Sequoia, Samsung Next, Hashkey, Coinlist, and Naval Ravikant, with a project valuation of $400 million.

Major investors include: Peak XV Partners*, Samsung Next, CoinList, HashKey Capital, Mirana Ventures, Signum Capital, Morningstar Ventures, Tribe Capital, Sandeep Nailwal, Naval Ravikant, Gokul Rajaram, etc.

Essentially, Mystiko.Network is the base layer of Web3, designed to enhance the interoperability, scalability, and privacy of the blockchain ecosystem. It achieves these goals by implementing zero-knowledge proofs and auditable zk-compliant designs. In 2023, Mystiko.Network successfully deployed its V1 mainnet.

Since its launch, Mystiko.Network V1 has performed well, facilitating more than $271 million in transaction volume. This achievement stems from processing more than 1263,025 zero-knowledge transactions from more than 55,000 unique addresses. The network supports transactions across multiple blockchain platforms such as Ethereum, BNB Chain, Polygon, Avalanche, and Base.

Source: Mystiko

In the ecosystem, XZK acts as a utility and governance token. Participants in the network, including zero-knowledge rollup miners and relayers, stake XZK tokens to participate in various activities. In addition, XZK tokens play a key role in governance decisions, allowing holders to participate in voting on important matters concerning the future of the network.

Mystiko.Network is a pioneering initiative in the field of blockchain technology, leveraging advanced cryptography to foster a more secure and efficient decentralized ecosystem.

More news about mystiko xzk

  • Jun 21, 2024 6:14 pm
    Mystiko Network To Offer $5 Million Incentive In XZK Tokens
    According to Foresight News, Mystiko Network, the universal ZK SDK protocol, has announced its plans to promote ZK technology innovation and ecosystem development. The network will provide a total incentive of $5 million in the form of XZK tokens in the first round. This move is aimed at offering financial support to developers on its platform. The initiative is part of Mystiko Network's commitment to fostering innovation and growth within its ecosystem.
  • Jun 20, 2024 10:20 am
    HTX, XZK 현물 거래 페어 상장
    HTX(구 후오비)가 공식 홈페이지를 통해 XZK/USDT 현물 거래 페어를 상장한다고 공지했다. 입금은 오늘 12시(한국시간)부터 지원하며, 입금량 충족 시 거래지원 시점이 따로 공지될 예정이다.
  • Jun 17, 2024 10:24 pm
    Mystiko DAO Transfers Ownership of V1 Mystiko SDK Smart Contracts to TimeLock
    According to Odaily, Mystiko DAO has announced that the ownership of all V1 Mystiko SDK smart contracts has been transferred to TimeLock. The keys are now held by TimeLock, ensuring the protection of all DAO assets and rights during future distributions. This move by Mystiko DAO is a significant step in safeguarding the assets and rights associated with the DAO. By transferring the ownership of the smart contracts to TimeLock, Mystiko DAO is ensuring that the distribution of these assets and rights in the future is secure and protected. The keys, which are now in the custody of TimeLock, play a crucial role in this process. They provide an additional layer of security, ensuring that the assets and rights associated with the DAO are not compromised during their future distribution.
  • Jun 17, 2024 10:19 pm
    Mystiko DAO: V1 Mystiko SDK smart contract ownership has been transferred to the TimeLock contract
    According to official news, Mystiko DAO announced that the ownership of all V1 Mystiko SDK smart contracts has been transferred to the TimeLock contract, and the keys are now kept by TimeLock, ensuring that all DAO assets and permissions are protected when distributed in the future.
  • Jun 14, 2024 9:44 pm
    Mystiko.Network Launches Mystiko DAO and Introduces vXZK Token
    According to Odaily, Mystiko.Network has announced the launch of Mystiko DAO and the introduction of the encapsulated XZK token, vXZK. The XZK token was created as an operational utility and governance token for Mystiko.Network. vXZK serves as a voting encapsulated token for XZK, supporting a 1:1 ratio for exchanging your XZK tokens into vXZK. It also allows for vXZK to be exchanged back to XZK at any time. vXZK follows a minting and burning model: depositing one XZK mints one vXZK, and withdrawing one XZK burns one vXZK. This model prevents the over-issuance of voting tokens. The introduction of vXZK is a significant step for Mystiko.Network, as it enhances the governance and operational utility of the platform.
  • Jun 14, 2024 9:40 pm
    Mystiko.Network Launches Mystiko DAO and Introduces Wrapped Token vXZK
    According to official news, Mystiko.Network announced the launch of Mystiko DAO and the introduction of the wrapped XZK token vXZK. The XZK token was created as the operational utility and governance token of Mystiko.Network. vXZK acts as a voting wrapped token for XZK, supporting the exchange of your XZK tokens for vXZK at a ratio of 1:1, and vXZK can be exchanged back to XZK at any time. vXZK follows the minting and destruction model: depositing one XZK mints one vXZK, and withdrawing one XZK destroys one vXZK, thereby avoiding excessive issuance of voting tokens.
  • Jun 14, 2024 9:03 pm
    Bybit will launch XZK spot trading
    According to official news, Bybit announced that it will soon launch XZK spot trading, which is expected to go online at 10 am UTC time on June 18. Deposits and withdrawals will be carried out through the ETH chain.
  • Jun 14, 2024 6:26 pm
    Bitget will list Mystiko Network (XZK)
    Bitget will launch Mystiko Network (XZK) in the Innovation Zone, Web3 Zone, and ZK Zone. The deposit channel is now open, and the trading channel will be open at 18:00 (UTC+8) on June 18. Mystiko.Network is the base layer of Web3. Mystiko can be used as a general ZK SDK to make blockchain more scalable, interoperable, and confidential.
  • Jun 14, 2024 6:02 pm
    바이비트 6/18 XZK 상장
    바이비트는 6월 18일 19시 Mystiko Token(XZK)을 상장한다고 공지했다. 입금은 6월 17일 19시 오픈된다.
  • Apr 05, 2024 9:03 am
    Mystiko.Network Community Sale Completed, Total $11.25 Million in XZK Sold
    According to official news, the XZK community sale of Web3 base layer Mystiko.Network on CoinList has been sold out, with a total of 75,000,000 XZK sold, worth $11.25 million. In addition, a total of more than $22.87 million was submitted for participation, the first sale was oversubscribed by 300%, and a total of 20,260 users participated, which is the largest public sale on CoinList in recent years. According to previous news, Mystiko sold out after the community sale event on CoinList was launched, and then an additional 2.5% of additional tokens were sold.

More news about mystiko xzk

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