Zapper Introduces Protocol to Enhance On-Chain Data Interpretation, Powered by $ZAP Token

Jun 13, 2024, 09:28 PM

Zapper, a portfolio management tool, has introduced the Zapper Protocol, an open protocol aimed at incentivizing the interpretation and contextualization of on-chain data. The new protocol is powered by the $ZAP token, which will incentivize the build-out and expansion of the protocol. The initiative is designed to optimize how blockchain data is understood, featuring user adoption and distribution, cross-chain interactions, and fee comparisons. This development marks a significant step for Zapper, which aims to become the front page of crypto. Delphi Ventures is one of the earliest investors in Zapper. A utility token is also in the plans.