Why the CryptoSlate Partnership Could Be Big for Zilliqa roadmap



  • CryptoSlate attracts millions of visitors on its platform virtually every month, which bodes incredibly well for Zilliqa.
  • Zilliqa is trying to make a name for itself in the metaverse virtual reality space but it's a classic case of sell on the news now.

CryptoSlate draws millions of visitors, which bodes well for Zilliqa.

The smart contract platform Zilliqa  is one of the hottest cryptos right now, and it's only going to become hotter. CryptoSlate, a blockchain news site, announced a partnership with the platform, which might help ZIL grow faster.

As part of the agreement, CryptoSlate will work with Zilliqa to create a Zeeves educational campaign. Zeeves is a Telegram engagement bot that develops, hosts, and administers quizzes as well as crypto assets.

On Zeeves, CryptoSlate will host a series of quizzes in which users may earn ZIL tokens by correctly answering questions in highlighted articles. For the news site and Zilliqa, which has recently been on fire, the relationship might be huge.

Zilliqa is a high-throughput smart contract platform designed to scale to thousands of transactions per second. Its developers also plan to build the world's first public blockchain sharding architecture. The practice of dividing networks into smaller pieces, known as sharding, effectively distributes out the workload.

CryptoSlate draws millions of visitors each month to its website.

The collaboration with CryptoSlate could be a game changer in Zilliqa's efforts to garner widespread adoption. The website garnered over 1.1 million hits in the previous month, according to SimilarWeb. Total visits are up 23.8 percent month over month, with a visitor duration of 39 seconds on average.

However, the website's bounce rate and the percentage of visitors who depart after only viewing one page are both frighteningly high. Its 72 percent bounce rate is far from ideal, which is where the Zilliqa agreement may come in helpful. Furthermore, by providing users with a reason to earn ZIL, bounce rates may be significantly lowered, resulting in a win-win situation for all parties.

ZIL is up more than 170 percent this month and is gaining traction. Given recent developments, it could be an intriguing short-term play.

Launching the use of Zilliqa's transaction speed.

Zilliqa  cryptocurrency is a high-transaction-speed blockchain platform aiming to compete with Ethereum . It is a high-throughput system capable of processing thousands of transactions per second. Investors appreciate it because it can be used in decentralized apps (DApps). It specialized in decentralized finance (DeFi) apps like as staking and yield farming.

The platform was created by a group of Singapore students and a professor who used a data storage method known as "sharding." This is the point at which a blockchain divides itself into partitions. Each shard has its own data that is distinct from the data of other shards. Their validation process is performed independently and then recombined. This is faster than processing an entire block or set of blocks.

Zilliqa's roadmap, may become the next Solana.

As a result, Zilliqa, with a market value of $1.35 billion, is somewhat of a mini-Solana .  has been volatile since Solana's rise last year. It was 10.71 cents on April 2, up from 4.77 cents on March 25. This was when it was revealed that ZIL was planning to launch a metaverse-as-a-service (MaaS) product on April 2.

A blog article from March on the Zilliqa website discusses the blockchain's cooperation with Metapolis, a startup powered by Zilliqa. It functions as a "blank canvas for clients to design their own virtual reality as they see appropriate," according to CoinDesk magazine. According to the, the virtual reality market is expected to increase to $20.9 billion by 2025, up from $6.1 billion currently.

Is it good to invest in Zilliqa?

Unfortunately, this is a textbook example of "selling on the news." On April 1, Zilliqa reached a high of more than 21.8 cents. It's now down more than half a penny to 10.7 cents. Everyone who fell into the hoopla is selling their  since they realized they paid too much.

Investors should be wary of stepping in while the suckers are upset that their holdings in this once-popular cryptocurrency are now sinking. Given that cryptos are already quite volatile, it would be prudent to wait until much of the selling has ceased. One sign that this may have occurred is that ZIL has fallen to or is below its prior lows.

The only other option is to buy additional Zilliqa every day or every week that it is lower than the previous period. This is known as dollar-cost averaging. Given how speculative and volatile this cryptocurrency has been, that is most likely the best option for most investors.


Post a Comment

* Please Don't Spam Here. All the Comments are Reviewed by Admin.
Post a Comment (0)