Keep an eye on Zilliqa for potential price action heading into the last week of January 2019 as the high performance blockchain nears its mainnet launch.
It's just over a year since Zilliqa's genesis block was born and the blockchain that originated out of the National University of Singapore has made significant progress during that time.
Zilliqa’s blockchain technology features high throughput, higher than Ethereum and Bitcoin, with an aim of achieiving up to 4000 transactions per second on par with the number of transactions performed by Visa.
The blockchain focuses on gaming, digital advertising and payments however has cast a wider net looking for Dapp developers to join the Zilliqa platform.
A grant programme is providing developers with $5 million USD for funding new Distributed Applications on the Zilliqa platform. Some successful grant applications have already been announced such as Spokkz, a community-film & TV Blockchain Ecosystem.
Zilliqa's peak price was around 0.23 USD in May 2018. It currently sits at 0.022 USD with a market cap of $182,879,834 USD.
Despite the progress of many crypto and blockchain projects over 2018, signigicant news on developments gained little reaction from the markets. It will be interesting to see if Zilliqa's mainnet launch triggers much action for the top blockchain project.
The official mainnet launch is set for January 31 2019. Shortly after Zilliqa will host an ask me anything session on reddit on 1 Feb 2019. A window of several months will be available for holders to swap to new tokens.