zetachain logo
ZetaChain
ZETA
$2.29

Sector

DEX

Exchange Debut

2024-02-01

Market Cap

541,628,639

Maxim Supply

2,100,000,000

Circulating Supply

236,468,750

Circ. Supply(%)

11.26%
zetachain logo

ZetaChain

ZETA

Price

$2.29

Market Cap

Sector

Exchange Debut

541,628,639
2024-02-01

Volume 24h

High 24h

Low 24h

60465447
2.438084014488
2.179557923759

Change 24h

Change 7d

Change 30d

-5.7186
-5.0389

Maxim supply

Circulating supply

Circulating supply(%)

2,100,000,000
236,468,750
11.26%

The opinion of artificial intelligence (AI), based on the fundamental analysis of the ZetaChain – ZETA cryptocurrency:

 

ZetaChain (ZETA) emerges as a groundbreaking Layer 1 blockchain platform, designed with intrinsic chain-agnostic interoperability. This platform not only supports EVM-compatibility but also seamlessly integrates with an array of blockchains including Cosmos/IBC, Bitcoin, Dogecoin, Tron, and more. By leveraging ZetaChain’s unique messaging capabilities, developers can now facilitate the transfer of data and native value across disparate chains without the need to wrap assets. Additionally, the impending support for native smart contracts heralds a new era for omnichain dApps, enabling developers to manage funds across multiple chains via a singular contract. The fundamental analysis of the ZetaChain – ZETA cryptocurrency reveals an impressive final score of 8.08 out of 10, reflecting its robust potential and innovative approach within the crypto ecosystem.

SOCIAL & MASS MEDIA: Score 8.7 out of 10

ZetaChain’s exceptional performance in social and media engagement underscores its ability to captivate and expand its community. With perfect scores in attracting followers and community activity on social media, it stands out as a highly influential project. Although the activities of social media administrators scored lower, the overwhelming presence in the media and the size of chat group communities highlight a strong, engaged, and growing base of support.

AUDIT & SECURITY: Score 6.6 out of 10

While ZetaChain has demonstrated a solid foundation in audit and security, there is room for improvement. The audit results and liquidity on exchanges are commendable, reflecting a degree of trust and stability. However, enhancing the transparency of information and addressing the audit findings could further bolster its security posture and investor confidence.

TOKENOMICS: Score 5.45 out of 10

The token economy of ZetaChain presents a mixed picture. The project’s centralized monetary mass indicates a controlled distribution strategy, which could benefit stability and governance. However, concerns about inflation highlight a significant area for potential adjustment to ensure long-term sustainability and attractiveness to investors.

ECOSYSTEM DEVELOPMENT: Score 8.6 out of 10

ZetaChain’s dedication to ecosystem development is evident in its achievement of objectives and plans for future enhancements. This proactive approach in advancing the platform and introducing new developments promises to sustain its relevance and drive further adoption within the blockchain space.

TEAM & DEVELOPERS: Score 8.6 out of 10

The ZetaChain team, with its high level of experience, is a pivotal strength of the project. Despite a lower score in the number of software developers, the team’s expertise suggests a capacity for high-quality development and innovation, positioning ZetaChain for continued growth and success.

PRODUCT & UTILITY: Score 8.72 out of 10

The utility of ZetaChain’s product and tokens within its ecosystem is highly rated, showcasing the platform’s tangible benefits and applications. This strength is crucial for fostering user engagement, driving adoption, and supporting the overall value proposition of ZetaChain.

PARTNERS & INVESTORS: Score 9.75 out of 10

The impressive score in partners and investors highlights ZetaChain’s ability to attract significant and quality investments, alongside establishing strategic partnerships. This is indicative of strong market confidence in the project’s vision and execution capabilities.

Fundamental analysis of the ZetaChain – ZETA cryptocurrency – The final conclusion

In the realm of blockchain innovation, ZetaChain (ZETA) stands out for its pioneering approach to interoperability and smart contract capabilities. The fundamental analysis of the ZetaChain – ZETA cryptocurrency underscores its strengths across various domains, from robust social media presence and ecosystem development to the backing of formidable partners and investors. With an overall score of 8.08 out of 10, ZetaChain presents a compelling investment opportunity, albeit with considerations around tokenomics and security that warrant careful monitoring. As the blockchain space evolves, ZetaChain’s commitment to innovation and community engagement positions it well for potential growth and expansion. However, investors should weigh the project’s innovative potential against the risks associated with its areas for improvement.

What is ZetaChain – ZETA?

 

Innovative Blockchain Interoperability

ZetaChain emerges as a groundbreaking Layer 1 blockchain, uniquely designed with chain-agnostic interoperability. It supports seamless communication across various blockchains like EVM, Cosmos/IBC, Bitcoin, and others. This allows for direct data and value transfers without asset wrapping, marking a significant advancement in blockchain technology.

Smart Contract Capabilities and dApp Development

A key feature of ZetaChain is its native smart contract support, enabling the creation of omnichain dApps. These applications can manage assets across multiple chains from a singular contract, showcasing the platform’s versatility for developers.

Foundational Strength and Industry Support

Originating from a collaboration involving early Coinbase talent and the co-creator of Basic Attention Token (BAT), ZetaChain boasts strong industry backing. Its development is further reinforced by investments from leading market makers and exchanges, underlining its robust ecosystem.

Security and Network Integrity

ZetaChain’s security framework is built on a Proof of Stake (PoS) model, utilizing the Cosmos SDK and Tendermint consensus. It features a decentralized structure with validators, observers, and signers working in tandem to ensure transparent and efficient network operations. The use of a Threshold Signature Scheme (TSS) enhances its security, making it resilient against common blockchain threats.

The Role of ZETA Coin in Cross-Chain Value Transfer

The ZETA coin is central to ZetaChain’s ecosystem, facilitating cross-chain transactions, network security, and transaction processing. This innovative approach to value transfer minimizes risks associated with bridging and wrapping assets, offering a safer and more transparent mechanism for users.

In summary, ZetaChain introduces a transformative approach to blockchain interoperability and smart contract functionality. With strong industry backing, advanced security measures, and a focus on seamless cross-chain communication, ZETA establishes itself as a pivotal cryptocurrency in the evolving digital asset landscape.

Fundamental analysis of the ZetaChain - ZETA cryptocurrency

ZetaChain - ZETA performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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