Ethereum

ZetaChain

DeFi

Planet

<div class="intro-text">
 Bitget has successfully distributed incentives to participants of its Task2Get program, a testnet initiative designed to promote the ZetaChain, a new Ethereum Virtual Machine (EVM) Layer 1 blockchain.
</div>
In an <a style="color: #0000ff;" href="https://www.bitget.com/zh-CN/web3/blog/articles/8167" rel="noopener noreferrer nofollow">announcement post</a> on February 2, the Bitget team informed qualified participants to check their wallets and claim the rewards.&nbsp;
The team explained that about 351,400 $ZETA coins were distributed among 7,476 wallet addresses of the qualified participants. The participants were rewarded with $ZETA tokens directly proportional to their Task2Get (T2G) points.&nbsp;
The crypto exchange also noted that the token giveaway program isn’t over, as more than 350,000 $ZETA tokens will still be distributed to participants in a new and similar program target at the protocol’s mainnet launch.
Before this announcement, on January 31, Bitget <a style="color: #0000ff;" href="https://www.bitget.com/support/articles/12560603804568" rel="noopener noreferrer nofollow">revealed</a> its plans to add support for the Layer-1 Protocol on its platform. Starting from February 1 and 2, users gained the ability to perform various transactions, including deposits, spot trading, and withdrawals, using ZETA, the protocol’s native token.
ZetaChain <a style="color: #0000ff;" href="https://www.zetachain.com/" rel="noopener noreferrer nofollow">boasts</a> of being the only public, decentralized network and smart contract platform that facilitates ultra-fast and seamless transactions between multiple interconnected blockchain networks. Currently, it supports all Ethereum L2 rollup protocols, Terra, Solana, and Algorand.&nbsp;&nbsp;
The project’s development <a href="https://cointelegraph.com/news/first-omnichain-smart-contracts-platform-launches-in-full-interview-with-zetachain" rel="noopener noreferrer nofollow">started </a>in 2021, and its initial launch was scheduled for January 2024. However, the mainnet launch <a href="https://finance.yahoo.com/news/zetachain-simple-fast-secure-omnichain-012600003.html?guccounter=1" rel="noopener noreferrer nofollow">took place on February 1, 2024.</a> It recorded more than 14 million cross-chain transactions from more than 3 million registered users during its testnet phase.
The blockchain’s ZETA is the 138th on the list of leading crypto tokens. With a market cap of $385,339,540, the cryptocurrency has a total supply of 2.1 billion coins and a circulating supply of 236.5 million tokens, according to data from <a style="color: #0000ff;" href="https://www.coingecko.com/en/coins/zetachain" rel="noopener noreferrer nofollow">CoinGecko</a>.
Following Bitget’s announcement, the price of $ ZETA surged to $ 1.9457, according to <a href="https://coinmarketcap.com/currencies/zetacoin" rel="noopener noreferrer nofollow">CoinMarketCap data. </a>This surge was a 72.20% growth from its previous day’s price.&nbsp;
&nbsp;
If you want to read more news articles like this, visit <a style="color: #0000ff;" href="https://defi-planet.com/" rel="noopener noreferrer nofollow">DeFi Planet</a> and follow us on <a style="color: #0000ff;" href="https://twitter.com/PlanetDefi" rel="noopener noreferrer nofollow">Twitter</a>, <a style="color: #0000ff;" href="https://www.linkedin.com/company/defi-planet/" rel="noopener noreferrer nofollow">LinkedIn</a>, <a style="color: #0000ff;" href="https://www.facebook.com/DeFi-Planet-129907662611402" rel="noopener noreferrer nofollow">Facebook</a>, <a style="color: #0000ff;" href="https://www.instagram.com/defi.planet/" rel="noopener noreferrer nofollow">Instagram</a>, and <a href="https://coinmarketcap.com/community/profile/DeFiPlanet/" rel="noopener noreferrer nofollow">CoinMarketCap Community</a>.
“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
The post <a href="https://defi-planet.com/2024/02/bitget-distributes-351400-zeta-tokens-to-participants-of-the-task2get-program/" rel="noopener noreferrer nofollow">Bitget Distributes 351,400 $ZETA Tokens to Participants of the Task2Get Program</a> appeared first on <a href="https://defi-planet.com" rel="noopener noreferrer nofollow">DeFi Planet</a>.

Bitget Distributes 351,400 $ZETA Tokens to Participants of the Task2Get Program

DeFi Planet

Other articles published on Feb 2, 2024

Open Exchange (OPNX) shutters amid troubles for 3AC founders

Bitcoin Price Eyes Parabolic Rise In 2024 But Has Q1 Altcoin Hype Cycle Started?

Comedy Icon Larry David Says He Was an ‘Idiot’ For Taking Part in FTX Super Bowl Ad

Price analysis 2/2: BTC, ETH, BNB, SOL, XRP, ADA, AVAX, DOGE, DOT, LINK

Fed Chair Powell Addresses Key Economic Indicators

Bitmex Founder Arthur Hayes Makes $1.45M Profit with Pendle, Bitcoin Options Next

Join our free newsletter for daily crypto updates!