According to last minute information, Zetachain (ZETA) will be listed on the cryptocurrency exchange Coinbase to work on the Ethereum network.
In its official statement, Coinbase stated that it would list Zetachain with the “experimental” label. According to the statement, trading will begin later today when the necessary liquidity conditions are met.
Zetachain is known as a Layer 1 blockchain built on the Cosmos SDK platform and has a similar structure to LayerZero. Ethereum, BNB Chain, Polygon etc. It was designed to connect various blockchains such as. Through the Omnichain mechanism, developers can create decentralized applications (DApps) similar to those on Ethereum or Polygon.
According to the announcement on ZetaChain’s blog, a total of 31.5 million ZETAs were distributed to more than 800,000 different wallet addresses. The project took a snapshot on August 20, 2023. To be eligible for the airdrop, recipients must have accumulated at least 50,000 ZetaPoints.
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/breaking-coinbase-announces-the-listing-of-a-new-altcoin/