What is Zerobase? 150,000 addresses received the ZBT Airdrop, and Red Shirt Capital is betting on the new dark horse.

What is Zerobase? ZeroBase is a decentralized zero-knowledge proof infrastructure platform focused on Web3 privacy and scalability solutions, providing instant zero-knowledge proof generation for financial audits and privacy-preserving blockchain applications, funded by $5 million from Sequoia Capital and the Ethereum Foundation. The ZBT airdrop has been automatically distributed, with 17,043 Ethereum addresses receiving 19.54 million ZBT.

What is Zerobase? Revolutionary infrastructure for generating ZK proofs in milliseconds

What is Zerobase? ZeroBase is a decentralized infrastructure platform that provides instant zero-knowledge proof generation for financial auditing and privacy-preserving blockchain applications. The platform operates in the form of a decentralized computing network, addressing the inefficiencies and fragmentation in existing auditing and trust mechanisms, allowing users to generate zero-knowledge proofs in milliseconds, with each proof costing less than one cent.

Traditional financial audits are slow, manual, and fragmented, leading to friction in compliance and trust for high-value transactions. Existing privacy-preserving computation solutions are either too slow or too costly for mainstream financial applications. ZeroBase positions itself as the “most powerful decentralized computing network” using zero-knowledge proofs, featuring decryptable circuits and standardized products for modular cryptographic proof generation.

The platform uses proof nodes equipped with GPUs or Trusted Execution Environments (TEE) to securely generate proofs, and processes verification, reward distribution, and staking management through smart contracts on Ethereum and EVM-compatible blockchains. ZeroBase provides zkLogin for privacy-preserving authentication, zkStaking for confidential yield generation, and zkAuditing for enterprise compliance verification, with proof generation times as low as 200 to 400 milliseconds.

ZeroBase's Three Core Advantages:

Ultra-fast speed: Millisecond-level proof generation (200-400 milliseconds), far exceeding the seconds delay of traditional ZK solutions.

Ultra-low cost: The cost of each proof is less than 1 cent, making large-scale applications economically feasible.

Cross-chain compatibility: Supports mainstream EVM chains such as Ethereum, BNB Chain, Base, Polygon, etc.

ZBT Airdrop Completed: 150,000 addresses received zero Gas fee credits

On October 17, ZEROBASE officially released an update on the ZBT airdrop, which has now been automatically distributed to all eligible users—no need to claim or pay Gas fees. Regarding Ethereum addresses, 17,043 addresses received a total of 19,540,974.3 ZBT; for BNB Chain addresses, 133,538 addresses received a total of 459,025.6988 ZBT.

This type of zero gas fee airdrop is extremely rare in the cryptocurrency industry. Typically, airdrops require users to actively claim and pay gas fees, which for small airdrops, can exceed the value of the airdrop itself. ZeroBase chooses to cover all gas fees and automatically distribute them to users' wallets, significantly lowering the participation threshold and demonstrating the project's sincerity towards the community.

ZBT Airdrop Distribution Rules:

Hold ≥10 ZBT: Issued through the Ethereum chain, ensuring the security and liquidity of the mainnet.

Hold <10 ZBT: Distributed via BNB Chain, optimizing Gas efficiency to reduce costs.

This tiered distribution strategy is extremely astute. Large holders receive via Ethereum, ensuring compatibility with the mainstream DeFi ecosystem; small holders receive via BSC, avoiding high Gas fees on Ethereum that could erode the value of the airdrop. This design demonstrates the team's deep consideration of user experience and cost optimization.

5 million USD financing: top institutions bet on ZK infrastructure

ZeroBase has gained significant venture capital support since its launch, raising a total of 5 million USD in its seed round financing completed in March 2024. Major investing institutions include BNB Chain Labs, Lightspeed Faction, Sequoia Capital, IDG Capital, Ethereum Foundation, StarkNet, Nvidia, and Microsoft/OpenAI.

This investor list is highly persuasive in the analysis of what Zerobase is. The BNB Platform Lab represents strategic investments from the largest exchanges globally, while Sequoia Capital and Lightspeed Faction are top traditional VCs. The Ethereum Foundation and StarkNet represent the core forces in the ZK technology ecosystem, and Nvidia and Microsoft/OpenAI suggest the application potential of ZeroBase in the AI computing field.

ZeroBase has been selected to participate in the BNB Platform Lab Incubation Program, gaining guidance, technical mentorship, and strategic support as part of this leading chain-neutral Web3 accelerator. The platform was founded by Mirror Tang, a senior cryptography professor at Shanghai Jiao Tong University, whose expertise covers blockchain cryptographic engineering and security.

BNB Alpha Sync Launch: Dual Market Release for High Liquidity

ZBT will simultaneously launch on October 17 on BNB Alpha spot and ZBTUSDT perpetual contracts, with the latter allowing up to 50x leverage. The liquidity brought by the dual market launch is expected to attract market makers, arbitrageurs, and high-frequency traders to enter quickly, with anticipated trading volume on the first day likely to increase, and price volatility possibly exceeding that of typical new coins.

As a new coin pre-listing platform, BNB Alpha provides immediate liquidity exit for ZBT airdrop beneficiaries. Users holding ZBT can trade on BNB Alpha without waiting for other exchanges to go live. The simultaneous launch of perpetual contracts also offers professional traders the opportunity to go long or short.

The provision of 50x leverage demonstrates the BNB platform's confidence in the liquidity of ZBT. High leverage contracts require sufficient market depth to support them; otherwise, abnormal fluctuations and liquidation waves can easily occur. The BNB platform's willingness to offer such high leverage implies that it expects ZBT to have ample trading volume and a stable price discovery mechanism.