Zilliqa launches Web3 Alliance to grow ecosystem

Zilliqa (ZIL/USD), a high-security, high-performance, and low fee Layer-1 blockchain protocol, launched the international network Web3 Alliance, which will identify promising cross-vertical projects and arrange introductions that lead to an investment, Invezz learned from a press release.

Sourcing ideas and opportunities across channels

The Web3 Alliance program’s main purpose will be to source ideas and opportunities across various channels and engage different audiences to ensure that Zilliqa has comprehensive coverage globally.

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When an advisor’s recommendation leads to an investment (equity or token), they will receive compensation in ZIL in an amount corresponding to ticket size.

Building innovative functionality

With the Web3 Alliance’s support, Zilliqa will continue to build the innovative functionalities within its decentralised ecosystem. The team will support new projects through access to funding, a strong talent network, and advisory services.

Access to leading industry experts

Through the Web3 Alliance, Zilliqa’s community will obtain direct access to industry experts and their vast experience to realize projects through a consultative or practical approach. This will help the ecosystem extend its visibility, reach, and access to projects and founders in different industries, such as NFTs, gaming, and the metaverse.

Dr. Ben Livshits, CEO of Zilliqa commented:

Blockchain technology lends itself very well to a broad variety of applications and verticals. Zilliqa has already been delivering innovative solutions in the fields of finance, gaming, art, entertainment, and more. But there are plenty of people and projects out there thinking of capitalising on blockchain technology who aren’t yet aware of what Zilliqa is or how we can help them. It’s why we’re enlisting the help of our dedicated community through the Web3 Alliance — to educate them on what Zilliqa is truly capable of, and to bring more people and projects onto Zilliqa.

Bradley Laws, Head of Investor Relations of Zilliqa said:

Having an international advisory network of chosen scouts not only helps us to identify, but to multiply the volume of Web3 projects coming into Zilliqa. This is a very simple but strategic approach that’s perfect for a decentralised future where community is everything. At the same time, every scout serves as an advocate for Zilliqa, which will help us to amplify our presence as we source top-quality projects.

He added:

In the ethos of decentralisation, Zilliqa believes in collaboration and a truly open way of working together. We also know that great ideas can start from anywhere. An international advisory network expands our coverage of Web3 investment opportunities and enables us to attract the best to build on Zilliqa. Scouts become advocates for Zilliqa and are incentivised to build the community with us.