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Zilliqa (ZIL) is a unique coin, especially due to its quest towards implementing the Sharding technology which is seen by many as the future of blockchain technology. The coin recently gained its independence from Ethereum when it launched its Mainnet on the 31st of January to heighten its performance.
The blockchain is currently going through a one month bootstrap period where activities will be limited and no transactions would be made on the Mainnet network. This is essential to ensure that the technology is ready for wide scale use.
The developers and engineers at Zilliqa (ZIL) have been working on the Maiinet extensively for the past 12 months and from early indications, it looks like the launch is going well. Zilliqa had aimed the launch of Mainnet to tackle specific problems of security and functionality.
Zilliqa (ZIL) Working On Several Apps after the Launch of Mainnet
Zilliqa scored big with several partnerships agreed before the launch of its Mainnet. The blockchain has been earmarked by many developers as a viable platform to develop lots of apps. The Blockchain solution is expected to release some major apps in the next few weeks.
Zilliqa (ZIL) is working with Mindshare on a project called Proton which would see the development of a blockchain solution for advertisers. This solution is expected to provide a platform that is user-friendly and integrate smart contracts to enable advertisers to make quicker payouts.
Added to that, Zilliqa is also in partnership in a project called Bolt which is in the entertainment sector. Users would be granted rewards for using the Bolt service. It recently gained transmission rights for the 2019 cricket World Cup which is huge due to the number of users expected on the platform during that period.
Zilliqa (ZIL) Price Stable despite Bear Market
Zilliqa (ZIL) has been quite stable for some time in spite of the bear market, it made a gain of 1.74% in the past 24 hours as at the time of writing, this may not be big but considering the bearish market in recent weeks the coin is looking to rebound in value.
Furthermore, its current price of $0.017 makes the coin an attractive coin for new investors to acquire and hodl for the nearest future.
Before Mainnet, Zilliqa (ZIL) has been displaying its potency in the market, and this continued after the mainnet. Thus, Zilliqa (ZIL) is proving to investors that it is a coin worth hodling after the launch of its mainnet.
Although the Mainnet technology is new and no one knows what the future holds, but it has the potential to elevate the coin into the top 20 coins with the features it holds at the moment.
As an investor, after reading this article, it is left to you to determine if Zilliqa (ZIL) is really worth Hodl after the Mainnet.