ANNOUNCEMENT

Introducing ZIGBids — Compelling ZIG-based auctions powered by the Polygon Chain

ZIGBids is here to disrupt the DeFi auctions landscape, starting with the $20 Billion strong NFT space while making waves far beyond!

Zignaly
Zignaly
Published in
4 min readSep 20, 2022

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Earlier this year, we introduced ‘Zignaly Raffles’ to our users to add yet another passive income stream backed by exposure to quality NFT collections — and your response was beyond phenomenal! 27+ raffles and thousands of entries later, we have realized the untapped potential of this concept, and with refinements, it can shape up the next generation of the DeFi auctions experience! Like how our transition from Copy trading to Profit-sharing revolutionizes the social investment space, ZIGBids will forever disrupt the DeFi Auctioning landscape, starting with the $20 Billion strong NFT space while making waves far beyond.

Introducing ‘ZIGBids’

Try it out here: zigbids.zignaly.com

Powered by the ZIG Coin, ‘ZIGBids’ is here to disrupt! Be it some hyped NFT, a guaranteed slot at ZIGPad, a mystery box with top coins & NFTs, Whitelist distribution, high valued giveaways, among other things, ZIGBids makes the process seamless for not only the ZIG holders but also our partner projects and collection. How?

  • The Power is in your hands: With the ZIGBids, we’re putting you in control where it matters. Thanks to the auctioning capabilities, participants can now place bids to secure access to their favorite products (that NFT whitelist you wanted, or this mystery box with top coins & NFTs, giveaways, and possibly whatever you can think of). Rather than just pure luck, you can control your destiny with ZIGBids!
  • ZIG-based DeFi auctions powered by the Polygon chain: ZIGBids supports ‘wallet connect’ capabilities on the highly scalable and efficient Polygon network! All you have to do is connect your ZIG-funded Polygon Metamask wallet to ZIGBids, transfer your tokens, and start bidding on your favorite collections at a negligible raise in ZIG per bid.

As Per Bartolome R. Bordallo (Co-Founder & CEO, Zignaly), Polygon was the perfect choice of chain to deploy ZIGBids on. It’s highly scalable, robust, and on its’ way to becoming the gold standard for Web3, expanding to Defi, GameFi, NFTs, and far beyond, which aligns so well with what Zignaly plans to do with ZIGBids.

  • Auctioning off any and everything for our Partners: A compelling proposition for our existing and potential partners, ZIGBids is not confined to a single asset class — we have the capabilities to run auctions for any and everything crypto — be it a ZIGPad slot, pre-minted NFTs, whitelist slots to your NFT collections, giveaways or anything that our partners could possibly ask for, ZIGBids covers it all! This immensely helps us with the mass adaption of ZIG and the overall cross-communities ecosystem growth.

At the heart of ‘ZIGBids’ is the ZIG Coin — and the access to opportunities that it brings to ZIG holders will be a sight to see. With a strong proposition for Zignaly partners and users, it’s only a matter of time before Zignaly becomes a melting pot of several different crypto communities, eventually strengthening the Zignaly and Polygon ecosystems. We look forward to seeing you at the launch!

– Team Zignaly

About Polygon

Polygon is the leading blockchain development platform, offering scalable, affordable, secure and sustainable blockchains for Web3. Its growing suite of products offers developers easy access to major scaling solutions including L2 (ZK Rollups and Optimistic Rollups), sidechains, hybrid, stand-alone and enterprise chains, and data availability. Polygon’s scaling solutions have seen widespread adoption with 37,000+ decentralized applications hosted, 1.6B+ total transactions processed, 142M+ unique user addresses, and $5B+ in assets secured. Polygon is carbon neutral with the goal of leading the Web3 ecosystem in becoming carbon negative.

If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your dApp, get started here.

Website | Twitter | Ecosystem Twitter | Developer Twitter | Studios Twitter | Telegram | LinkedIn | Reddit | Discord | Instagram | Facebook

About Zignaly:

With over 430,000+ users globally, the Zignaly platform and marketplace are leading the Social Investing revolution by connecting regular crypto investors with the world’s top, proven expert traders and fund managers in a win/win profit-sharing model. It’s expert-managed, passive crypto investing for the rest of us. Zignaly’s multiple offerings also feature uniquely powerful open doors for Investors looking for full-fledged Portfolio Management services, staking vaults, IDO participation via the ZIGPad, NFT raffles, and a revolutionary new Bridge solution.

If you’re interested in getting updates from Zignaly, please reach out via one of our official channels:

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Zignaly
Zignaly

Zignaly is a group of passionate individuals who are building a trusted crypto social investment platform that leverages the playing field for everyone.