Since it launched its mainnet earlier in the year, Zilliqa has made tremendous progress in terms of partnerships. One of the biggest moves that Zilliqa has made is Project Proton. The goal of this project is to streamline the advertising industry through smart contracts and get rid of inefficiencies. Through this project, advertising will be more transparent and advertisers will make the most of their advertising dollar.
Other than transforming the advertising industry, Project Proton will have a huge impact on the value of Zilliqa (ZIL). That’s because, the advertising smart contracts will be executed on the Zilliqa blockchain and this will be done using the Zilliqa (ZIL) token. This makes it a big deal for Zilliqa in terms of driving up its demand. Project Proton is being test run in S.E Asia, and if it’s successful, it will be implemented worldwide. Once this happens, the demand for Zilliqa (ZIL) could rise exponentially. Mindshare and all the other players involved in Project Proton are global advertising giants. As such, if proton goes global, then the demand for Zilliqa (ZIL) could shoot up astronomically.
This makes Zilliqa (ZIL) one of the best cryptos to hold in this market. It’s a good long-term hold not just because of Project Proton, but the fact that Zilliqa (ZIL)’s capabilities are unrivalled. Zilliqa is one of the most scalable blockchains in the market. It uses a method known as Sharding, which gives it the capacity to handle over 2000 TPS. This makes it a top contender for adoption by applications that require a scalable and efficient blockchain. Since the world is shifting more towards decentralization, the future of a highly scalable blockchain such as Zilliqa (ZIL) will only get better.
On top of that, Zilliqa has an amazing team behind it. Not only are they improving the technical capabilities of Zilliqa (ZIL), they are also actively involved in driving awareness about things that may harm the community. For instance, they have already compiled a report about a phishing scam called Zollo. The Zilliqa team has stated that,
“Please be wary that “Zollo” is claiming to be in partnership with Zilliqa and Maker DAO to provide a free “token distribution” of ZLO (Zollo token). Users have been asked to provide sensitive information during the sign-up process for this scam token distribution. We would like to clarify to every single member of our community that there is no partnership between Zilliqa and Zollo. Additionally, we would like to stress that security protocols have always been of the utmost importance to Zilliqa. We are not aware of any security breaches on our end.”
With such a good team behind it, Zilliqa (ZIL)’s prospects are rock solid. In a crypto bull market, Zilliqa (ZIL) stands out as blockchain that could be headed for a massive bull run. With a hig degree of adoption, Zilliqa (ZIL) could easily test $1 at some point in the future. Its fundamentals are unrivaled, especially in terms of its ability to scale.