Zeko Prepares for Token Launch in Late 2024

Zeko, a blockchain infrastructure project, ranked #312 in its category, has announced its Token Generation Event (TGE) and token distribution for the fourth quarter of 2024. This event is a significant milestone in the project’s roadmap, marking its entry into the blockchain and cryptocurrency markets. The TGE will facilitate the release of Zeko tokens to the market, a crucial step in the project’s efforts to expand its ecosystem and establish itself in the competitive blockchain infrastructure space. While specific details on tokenomics and distribution percentages have not yet been disclosed, the event aligns with the project’s strategic goals for market integration and development.

Zeko’s journey toward the upcoming TGE has been marked by successful fundraising efforts. In April 2024, the project concluded its private pre-seed round, raising $3 million. The round attracted notable venture capital firms, including GBV Capital, Signum Capital, SkyVision Capital, and YBB Foundation. These firms, primarily Tier 3 and Tier 4 entities, participated during the pre-seed phase, demonstrating confidence in the project’s potential. In total, more than a dozen investors contributed to Zeko’s initial funding, reinforcing its credibility within the blockchain venture capital community.

The support from these prominent backers reflects Zeko’s appeal as a promising infrastructure-focused project. The funds raised during the pre-seed phase have enabled the team to make significant progress in developing its technology and preparing for its market debut. The TGE and token distribution are expected to leverage this foundation, attracting further interest from institutional and retail participants.

The TGE represents an important opportunity for Zeko to transition from its development phase to active market participation. With a strong investor base and a well-defined roadmap, the project is positioned to capitalize on its progress and build momentum. The blockchain community will be closely observing Zeko as it approaches this critical milestone, evaluating its potential to make a lasting impact in the industry. The success of the TGE and subsequent distribution will play a pivotal role in determining Zeko’s trajectory and its ability to compete in the evolving blockchain infrastructure sector.